How This Nigerian Medical Doctor Built A Billion Dollar Business
Just as the saying goes, variety is the spice of life, successful entrepreneurs diversify their investments to cover a wide range of key industries with high economic value.
This is the success story of Dr Ambrose Bryant Chukwuemeka Orjiako, popularly known as ABC Orjiako; a trained medical doctor-turned-business tycoon and a billionaire who owns investments in various sectors ranging from oil and gas, shipping, banking and insurance, as well as the pharmaceutical industry.
His story shows that succeeding in the business world requires as much attention as performing surgery on a patient. As one of the wealthiest Drs in Nigeria, Dr ABC Orjiako’s success story is one to learn from.
Here’s how he did it:
Early Life And Education Of ABC Orjiako
Ambrose Bryant Chukwuemeka Orjiako was born in Calabar, Cross Rivers State, on the 2nd of October 1960 to an Igbo family of late Mr Daniel Obiesie Orjiako and late Mrs Rebecca Orjiako from Umuchima, Uli Anambra State. He had his primary education in Uli and completed his secondary education as a science student in 1978, in the same location — Anambra State, Nigeria.
Dr ABC Orijako was a brilliant student and led his class in secondary school. He gained admission into the University of Calabar to study Medicine and also graduated in 1985 as one of the best students. As a student, he was the Director of the international federation of medical students, African Region and also a chairman at the Standing Committee of African Medical students Association.
He was further trained as an orthopaedic surgeon; a specialist in trauma management. And after years of practice, he was recognised as a fellow t the West African College of Medicine and also Nigerian postgraduate Medical college.
Journey To Entrepreneurship
ABC Orjiako moved out of the medical world to business in 1996 after years of practising as an orthopedist and trauma management specialist. He invested in the oil and gas sector and began to rise steadily due to the strong influence and links made with the military state heads at that time.
With oil and gas paving way as the primary source of revenues for Nigeria, Dr ABC Orjiako rose quickly as a multi-millionaire. Later on, he diversified into other sectors like construction, shipping and the banking and insurance sector.
The Start Of SEPLAT Petroleum Development
Dr ABC Orjiako’s company, called Shebah Exploration and Production Company, co-founded SEPLAT with Platform Petroleum Limited. Since the formation of SEPLAT Petroleum Development Company in 2009, Dr ABC Orjiako has been the chairman, thanks to his excellent leadership and management strategies.
Since then, the company has recorded massive growth in oil and gas production which has earned her global recognition, including the fact that SEPLAT produces over 8,000 barrels of crude oil per day and owns up to 40% of the offshore block.
SEPLAT Petroleum Development Company Today
Under the leadership of Dr ABC Orjiako, SEPLAT Petroleum Development Company made significant impacts on the global oil industry. In 2014, the company established listing on the Nigerian and London stock exchanges. She also won the Best Africa Listing that same year. SEPLAT was also awarded the Mid-Cap Company of the Year in 2014 by the Oil and Gas Council and won the award of the Global Growth Company award by the World Economic Forum.
Dr ABC Orjiako Today
A businessman par excellence, Dr ABC Orjiako holds multiple positions and stakes in different companies today. In addition to being the chairman of SEPLAT Petroleum Development Company, he is also the chairman of Zebbra Energy limited, the CEO of Ordec Group, Helko Marine Services and Shebah Exploration and Production Co. Ltd.
Dr ABC Orjiako also has investments in other sectors like real estate, banking, and the pharmaceutical industry.
Dr ABC Orjiako’s Impact On Society
The Daniel Orjiako Memorial foundation, which was named in memory of his father reaches out to over a hundred people within the nation yearly.
The Company, SEPLAT, has also helped in improving the national economy and provide jobs to thousand within its sphere.
Dr ABC Orjiako’s Awards And Recognitions
Dr Ambrose Bryant Orjiako’s success in the business sector made him one of the richest people in Nigeria as he was mentioned by Forbes as a silent multi-millionaire.
In 2003, Pope John Paul II honoured him with the Knighthood of the Order of St Gregory the Great (KSGG) in recognition of his philanthropy and his contribution to humanity.
Other notable awards are the Distinguished Alumnus Award and Doctor of Sciences (D.Sc. Honoris Causa) which he received at the University of Calabar in 2001; the Zik Prize by the Policy Research and Analysis Centre (PPRAC), the Platinum Award of the West African College of Surgeons; the African Business Executive of the Year (2014) by the Oil and Gas Council, as well as the Officer of the Federal Republic (OFR) in 2012.
Dr ABC Orjiako is not just a successful businessman. He is a happily married man with four healthy children.
To Sum It Up
Dr Ambrose Bryant Orjiako, popularly known by the acronym ABC, is a doctor who has proven that anyone can reach the stars if the right principles are applied in their daily activities and across a wide range of industries.