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Nord Automobiles: Ajayi Joshua, the rising star in Nigeria’s automobile industry

David Ijaseun by David Ijaseun
August 8, 2023
in Business
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Ajayi Oluwatobi Joshua, chairman and CEO of Nord Automobiles Limited

Ajayi Oluwatobi Joshua, chairman and CEO of Nord Automobiles Limited

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Introduction:

The success story of Ajayi Oluwatobi Joshua, chairman and CEO of Nord Automobiles Limited, has made a significant impact on the automotive industry. Also, as the Managing Director and CEO of Jetvan Automobiles Limited, Oluwatobi’s journey to becoming the youngest entrepreneur to own an indigenous automobile manufacturing company in Nigeria is truly inspiring.

Early Life and Education:

Born in 1988 in Ogun State, Nigeria, Oluwatobi Joshua’s upbringing was shaped by his family’s background in the automotive business. With his father being a reputable car dealer and owner of Squadron Motors, Oluwatobi developed a passion for prestigious brands like Mercedes and Peugeot.

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His educational pursuits were equally important, attending the Nigerian Navy Primary School and the Nigerian Navy Secondary School. Later, he pursued higher education, earning a degree in Soil Sciences and Farm Mechanization from Olabisi Onabanjo University and a Masters in Business Administration from the Lagos Business School.

Career Growth:

Oluwatobi’s career in the automotive industry took off during his National Youth Service Corps (NYSC) program at West Associate Limited, Mercedes Benz Nigeria, where he gained invaluable skills and knowledge. Impressed by his capabilities, Mercedes-Benz Nigeria offered him a full-time position in their van division.

Under his leadership, the Nigerian branch witnessed unprecedented success, experiencing a significant increase in sales within a short span. Oluwatobi’s dedication and impressive track record earned him recognition and admiration among his colleagues.

The Journey to Entrepreneurship:

In 2014, driven by his desire to make a difference, Oluwatobi took a bold step and became an authorized dealer of Mercedes-Benz vans, leading to the establishment of Jetvan Automobiles Limited. However, he didn’t stop there. His aspirations went beyond being a dealer, and he dreamt of creating a homegrown Nigerian automobile brand with global competitiveness.

Ajayi Oluwatobi Joshua, chairman and CEO of Nord Automobiles Limited
Ajayi Oluwatobi Joshua, chairman and CEO of Nord Automobiles Limited

Nord Automobiles Limited Emerges:

Fueled by determination, Oluwatobi resigned from Mercedes-Benz and collaborated with partners to realize his vision. Together, they founded Nord Automobiles Limited, positioning it among the pioneering Nigerian automobile brands.

Nord Automobiles
Nord Automobiles

The name “Nord” symbolizes upward movement, positivity, and good feelings, perfectly aligning with the company’s mission. Nord Automobiles is dedicated to manufacturing top-quality vehicles for various segments, including commercial and passenger vehicles designed to withstand both African roads and international standards.

Awards and Accolades:

Nord Automobile
Nord Automobile

Oluwatobi’s exceptional achievements in the automobile industry garnered widespread recognition. Forbes listed him as one of the most promising young entrepreneurs in Africa in 2018, and he is regarded as one of the most influential figures in the Nigerian Auto Industry.

Conclusion:

Ajayi Oluwatobi Joshua’s journey to becoming the CEO of Nord Automobiles exemplifies the possibilities of ambition and determination in the Nigerian automotive industry. With a passion for creating a truly Nigerian automobile brand, Oluwatobi’s Nord Automobiles is set to leave a lasting mark, contributing to the nation’s automotive prowess and global competitiveness.

Read more on Wealth on Wheels: Nigerian celebrities flaunt foreign luxury cars, but at what cost?

Tags: All premiumHeadlineNord

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