Press Release

Dr Nelson Ogunshakin to leave ACE for global role with FIDIC
Dr Nelson Ogunshakin OBE is stepping down as chief executive and president of the Association for Consultancy and Engineering (ACE) after 14 years in the role. He is leaving to take up the role of chief executive officer at the International Federation of Consulting Engineers (FIDIC), replacing current managing director, Enrico Vink who will be retiring.

ACE’s Board has already started the process to find a replacement and will provide an update in due course. In the meantime, ACE and FIDIC have agreed to a smooth transition with the exact timings of Nelson’s departure to be confirmed once a replacement is lined up. Nelson will then move to join ACE's Advisory Board as its vice chair. 

Current chair of ACE’s Board, and managing director of Ramboll UK, Mathew Riley said: “On behalf of ACE’s members, the Board, Advisory Board and entire staff, I would like to thank Nelson for his outstanding contribution to the transformation and development of ACE over the last 14 years. His achievements and unflinching dedication to the organisation have been both remarkable and inspiring.  

“He has successfully positioned ACE at the top table where it has been able to influence Government, investor, developer and stakeholder decisions on infrastructure, ensuring a sustainable future for our industry. We wish Nelson the very best in his new role as chief executive officer of FIDIC and look forward to working with him in our on-going efforts to promote the business interests of professional consultancy and engineering companies globally.”

Dr Nelson Ogunshakin OBE said: “I have seen many progressive changes during my time at ACE, but the one constant has been the regard in which the association is held by its members, by Government and by our many stakeholders in the construction and infrastructure sector.

“Given the growing importance of infrastructure, and the key contribution of consultancy and engineering companies in driving economic and social prosperity, leading ACE is a hugely significant role. My successor will be taking over an organisation working in a business sector with a bright and exciting future”.

“ACE is one of the best-run business associations in the UK and leading it has been an enormous privilege and an amazing experience. I am immensely proud of the fantastic Board and staff members I have been lucky to work with over the years. Whoever takes over as chief executive will be working with a brilliant, diverse and talented corporate and operational team.”

After his departure, Nelson has agreed to continue to support ACE as the Vice Chair of its Advisory Board, inputting into its strategic activities. A full update on the search for a new chief executive at ACE will be communicated in due course.

ACE represents the interests of professional consultancies and engineering companies operating in the social and economic infrastructure sectors. It has around 450 members who collectively employ 60,000 in the UK and 250,000 worldwide, contributing around £15 billion to the national economy.

FIDIC, the International Federation of Consulting Engineers represents the consulting engineering industry globally. The Federation promotes the business interest of firms supplying technology-based intellectual services for the built and natural environment. FIDIC acronym stands for the French version of the name – Fédération Internationale des Ingénieurs-Conseils.
 

Images of Dr. Nelson Ogunshakin OBE and organisational logos for press use can be downloaded here.

For more information please contact James Ketchell, senior communications executive at ACE: jketchell@acenet.co.uk or 07850 374 815.

Notes to editors:

Summary of Dr Nelson Ogunshakin OBE’s achievements during his tenure as chief executive of ACE

1. Delivered a strategic turnaround repositioning ACE, while increasing turnover by 80% through membership acquisition and diversification into supplementary services.

2. Created, and successfully rolled out the ACE annual conferences, Parliamentary Receptions and the Consultancy and Engineering Awards.

3. Designed, developed and delivered the European CEO and CIO conferences with over 100 CEOs/Chairmen/CIOs in attendance. Focusing on global market dynamics, corporate strategic plans, M&A, corporate operational, and financial performance, as well as the results of the cross-industry benchmarking programme.

4. Championed and hosted the highly successful FIDIC Global Infrastructure London 2009 conference with more than 750 executives and CEOs attending from over 80 countries from around the world. 

5. Successfully planned and executed ACE’s Centenary Anniversary in 2013 which included major landmark events in London and across the UK with high-level industry-wide stakeholder participation.

6. Diversification - Masterminded the acquisition and subsequent integration of the Environmental Industries Commission (EIC) into ACE. Oversaw the establishment of Victoria Street Capital Limited, the commercial arm of ACE. This included the development and roll out of industry magazine, Infrastructure Intelligence in 2013/14.

7. Co-chaired the National Infrastructure Plan Strategic Engagement Forum (NIPSEF), a stakeholder group responsible for working with HM Treasury to develop the UK’s national infrastructure plans. Also developed behavioural change project, Chartered, which measured all Government departments on delivering value for money on infrastructure and construction capital projects.

8. Dubai crisis - Played a significant role in the high-level strategic negotiations of £500 million sovereign debt management between Nakheel Group of Dubai and several UK consultancies and construction companies in the supply chain.  This resulted in a syndicated high-profile bank settlement made up of 40% cash and 60% the issue of a five-year bond with 10% annual premium.

9. Advocacy - Successfully lobbied Government departments and private and public-sector clients to create a better business environment for companies operating in the UK engineering and built and natural environment sector. Achieved strong market recognition for ACE in the UK and in the international construction and engineering arena.

10. Leadership - Operated an extremely effective governance and compliance process, a successful membership forum and delivered financially viable business operations for ACE.

11. Recognition – Awarded an “Officer of The Order of British Empire (OBE)” by HRM The Queen in her Birthday honours for his contribution to the engineering and construction industry in June 2010, voted one of the top 100 Black influential business leaders in the UK and awarded an honorary doctorate of science & engineering by Aston University in 2011. 

12. Non-executive appointments - Appointed in 2015 as chair of the Investment Committee of the $250 million ARM-Harith Infrastructure Investment Fund and Board member & Deputy Chairman of Programme and Investment Committee at Transport for London (TfL) with annual operating and investment budget of £10.3 billion.