Facility management growth presents challenges, opportunities – Akintunde
The Group Managing Director, Alpha Mead Group, Dr Femi Akintunde, says the growth of facility management across Africa and beyond is creating challenges as well as opportunities for experts in the industry.
Akintunde stated that there was a growing trend for international businesses to warehouse their real estate and facilities management operations across geographical locations under single global contracts.
“This poses both a challenge and opportunity for real estate and facilities management industry in Africa, given the varying peculiarities of operating standards and conditions across the continent,” he said.
he stated that based on this, the company had restructured in its quest to consolidate on ongoing expansion across Africa, serve its customers with more focused approach and ensure that its pedigree for operational excellence were upheld across business lines.
Under the new structure, Alpha Mead Group would now be led by Akintunde as the GMD, with two Group executive Directors, Wale Odufalu, and Amaebi Fiderikumo, for corporate services and finance, respectively.
Wole Olufore has also been appointed as the managing director, Alpha Mead Facilities; Damola Akindolire as managing director, Alpha Mead Development Company; Prof. Babatunde Green, managing director, Alpha Mead healthcare Management; and erejuwa Gbadebo, managing director, Alpha Mead Real estate Partners.
The new structure and appointments took effect from January 1, 2019, according to the company.
Akintunde said the company aimed to demonstrate that it had the capacity, systems, technology, capabilities and processes to support brands and businesses seeking to implement the global contract strategy in Africa and help businesses maximise the benefits of the strategy.
he said, “Considering the closely intertwined nature of real estate operations, we recognise that a lapse at any point in the value chain can have a serious negative impact, erode cost-savings opportunities, reduce efficiency and increase operational cost.
“So, to address these fundamental issues of variation in quality standards across location and high cost of operations due to loss of cost-saving opportunities along the value chain, what Alpha Mead has done by this new structure is to warehouse every important part of real estate operations and transactions under one roof to provide total solutions to clients and ensure that the quality and operational excellence Alpha Mead is known for gives our customers the real edge in the market.”
The Co-founder and Chairman of the board, Obi Nwasike, stated that the new structure was designed to strengthen the group and its subsidiaries in providing solutions that would make the real difference for its different customers in the face of changing market dynamics.
“With operations across more than 10 African countries and in the six geopolitical zones of Nigeria, it became very imperative for the board to take this strategic direction,” he added.