Mamemo Ibru is one of the sixteen children of well-respected late Olorogun Micheal Ibru who founded the large Nigerian conglomerate known as the Ibru Organization. He is currently the Managing director as well as a member of the board of directors of Ibafon Oil Nigeria Ltd, a 31 million litre capacity Tank Farm owned by the Ibru organization of the Ibru family.
Before rising to the status of managing director of Ibafon Oil, Mamemo Ibru worked with Superbru Limited, a brewery within the Ibru organization for a year, and two years with the defunct Oceanic Bank International Nigeria Limited. He studied Chemistry from UC Berkeley, USA in 1992 with an MBA in progress at Lagos Business School. He is married to well-known Nigerian-French Lawyer Helen Ibru.
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