Cardinal Torch Leadership Strengthened as CEO and Directors Join the Chartered Institute of Directors, Nigeria

In an era where corporate governance and ethical leadership define the strength of institutions, Cardinal Torch Company Limited proudly announces a significant milestone in its leadership journey. Our Chief Executive Officer, Mr. David Olurin (DO), has been inducted as a Member of the Chartered Institute of Directors (CIoD), Nigeria—a distinguished recognition that affirms his dedication to excellence, accountability, and sound boardroom practices.

This honor coincides with the induction of other members of our Board of Directors, marking a collective advancement in professional governance and leadership development. Together, these milestones reinforce our shared commitment to principled leadership, strategic foresight, and transparent management, which remain the cornerstone of Cardinal Torch’s identity and progress.

A Milestone of Governance and Growth

As Cardinal Torch enters its fifth year of operations, this achievement symbolizes more than individual recognition—it represents the strengthening of our institutional foundation.

Our leadership’s induction into the CIoD reflects a unified philosophy: that sustainable growth is built on ethics, discipline, and professionalism.

Since our founding in 2020, Cardinal Torch has grown into a trusted player in Nigeria’s export sector, known for operational excellence, foreign exchange repatriation, and a steadfast focus on traceability and sustainability.

About the Chartered Institute of Directors (CIoD), Nigeria

The Chartered Institute of Directors, Nigeria, is the nation’s foremost authority on good governance and boardroom excellence. The Institute plays a critical role in shaping ethical standards, developing director competencies, and strengthening board systems across private and public sectors.

Membership in the CIoD signifies a director’s pledge to uphold transparency, accountability, and responsible decision-making—values deeply embedded in Cardinal Torch’s corporate culture. Through the Institute’s learning and networking platforms, our directors are better positioned to navigate a dynamic business landscape with confidence and clarity.

Leadership Anchored in Purpose

Rooted in a family legacy of cocoa trading, David Olurin’s leadership journey blends deep local understanding with global experience. Having worked with Cargill (UK) and Olam (Singapore), he brings a balanced perspective to managing risk, building relationships, and driving value in Nigeria’s commodity export space.

Under his guidance, Cardinal Torch has transformed into a forward-looking trading and value-addition company, emphasizing innovation, sustainability, and integrity. His leadership continues to integrate Environmental, Social, and Governance (ESG) principles into our business strategy, ensuring growth that respects both people and planet.

EUDR Compliance and the Future of Sustainable Trade

In recent months, global commodity markets have experienced significant volatility, prompting exporters to adapt to evolving sustainability frameworks. For Cardinal Torch, these shifts have been an opportunity to lead by example.

Our commitment to the EU Deforestation Regulation (EUDR)—which ensures that exports such as cocoa and cashews come from deforestation-free and traceable sources—reflects our belief that compliance and conscience can coexist.

At Cardinal Torch, EUDR compliance is not merely a box to check; it represents our conviction that responsible business must serve the public good. By embedding transparency, traceability, and ethical sourcing into our operations, we continue to advance Nigeria’s position in the global sustainable trade ecosystem.

Collective Excellence, Shared Commitment

The induction of our CEO and directors into the CIoD is a collective success—a reflection of Cardinal Torch’s internal culture that celebrates growth, governance, and shared responsibility.

As we move forward, our commitment to good governance, sustainability, and strategic innovation remains unwavering. We believe that institutions built on ethical foundations not only endure but also inspire, influencing future generations of business leaders across Nigeria’s export value chain.

In Conclusion

Cardinal Torch celebrates this important milestone with gratitude and renewed purpose. We extend our congratulations to Mr. David Olurin and our Board of Directors on this remarkable achievement. Their induction into the Chartered Institute of Directors, Nigeria, strengthens our collective resolve to model integrity, foster inclusive growth, and champion Nigeria’s emergence as a hub for sustainable commodity trade.