Political career
Ilaka joined Senator Rashidi Ladoja at the inception of Accord Party just three months before the 2011 election and contested as senator to represent Oyo Central Senatorial District where he emerged the first runner up, [3] an election which was won by the now defunct Action Congress of Nigeria (ACN) candidate,Senator Ayoade Ademola Adeseun.
Ilaka also contested in the 2015 election for the same Oyo Central Senatorial District on the platform of the Accord party with 84,675 votes but lost to Senator Monsurat Sunmonu of the All Progressive Congress (APC) who won with 105,378 votes. [4]
Chief Luqman Ilaka was the senatorial candidate of the People's Democratic Party,PDP in the 2019 National Assembly election which was won by Senator Teslim Folarin of the All Progressives Congress (APC). Senator Teslim scored 91,080 votes to defeat Chief Oyebisi Ilaka who secured 83,600 votes. [5]
In 2019,the Executive Governor of Oyo State,Engineer Seyi Makinde made his first appointment in office by appointing Chief Oyebisi Ilaka as his Chief of Staff. His appointment as the Chief of Staff to the Governor of Oyo State was the first executive action of Governor Seyi Makinde. [6] [7] [8]
He was a member of the board of directors for the Nigeria Deposit Insurance Corporation (NDIC) from 2009 till 2015. [9]
Other ventures
Between 1994 and 1997,he worked for Guardian Royal Exchange Assurance,a large British insurance company where he served as a Tax/Financial Consultant dealing with life assurance,investments,inheritance tax and mortgage cases.
He worked as a partner in Salfiti and Co Solicitors based in London particularly,land,trust and commercial cases. He was later engaged as an associate partner in the Jacob Rothschild Partnership.
