Ademola (Demmy) Adesina
Rensource Distributed Energy Limited
Founder & Chief Executive Officer
Ademola Adesina is Founder and Chief Executive Officer of Rensource, a leading provider of energy and payment services to small and medium-sized enterprises (SMEs) in West Africa. Rensource was the 2019 winner of the Financial Times/IFC Transformational Business Award for Climate and Urban Infrastructure Solutions. Working with entrepreneurial management teams in challenging operating environments, Mr. Adesina has focused on building or turning around early- and growth-stage enterprises for much of his career. Beginning in 2007 with Agrica, an East African agricultural concern, and subsequently with Automatiks, a California-based integrator of hybrid power solutions; AST, a leading provider of Power-as-a-Service in India; and Pagatech, a Nigerian mobile payments company, Mr. Adesina was Entrepreneur in Residence for Capricorn Investment Group, the Palo Alto–based investment arm of Jeff Skoll. He previously led business development and corporate strategy for Aquifer, a London-based investment company affiliated with the family office of Lord Sainsbury and the Gatsby Trust. In this capacity, he undertook activities that represented strategic support for developing, strengthening, and growing Aquifer’s businesses. Mr. Adesina joined Aquifer from the Rockefeller Foundation in New York, where he was a founding member of the Innovation for Development & Impact Investing initiatives. He has lived and worked in Africa, the United States, and Europe.