Mr. Femi Otedola has been appointed as the second Chancellor of Augustine University (AUI), Ilara-Epe. This was made known in a press statement dated July 1, 2022, and signed by Nicholas Obayi, Communications Officer, AUI who disclosed that the institution is pleased to announce the appointment of Mr. Otedola. Which took effect from April 7, 2022. According to Obayi, Mr Otedola’s appointment follows the expiration of the six-year tenure of the University’s pioneer Chancellor, Msgr. John Aniagwu. The statement read in part: “Mr. Otedola’s appointment is well deserved having been an untiring benefactor to Augustine University with his structural development project, which has aided the rapid growth of the institution. “Until his appointment, Mr. Otedola has been a notable business mogul in the energy sector both in Nigeria and abroad. He is the Chairman and Chief Executive of Geregu Power Plc; his philanthropic efforts geared towards improving lives are also widely known and recognised. “The University Community is glad to have him on board and wishes the new Chancellor a successful tenure.” The statement added.