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Board of Directors

Mr. Oluwole Sunday Oduyemi  FCIB  (Chairman) 

 

Oluwole Oduyemi was born on May 3, 1943 in Abeokuta, Nigeria. He attended Baptist Boys’ High School, Abeokuta between 1956 and 1960, and began work soon after. In 1967, he qualified as an Associate of the Institute of Bankers, England, and later enrolled at the University of Lagos, where he graduated with a Bachelor’s (Honours) degree in Accounting in 1970. In 1979, he took a leave of absence from the Central Bank of Nigeria (CBN) and proceeded to the Heriot Watt University, Edinburgh, Scotland, where he bagged a Master’s degree in International Banking and Finance in 1980. A fellow of the Chartered Institute of Bankers, he was for several years, a member of the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN). In 1987, he was honoured by the University of Lagos Alumni Association with the “Distinguished Alumnus” award.

 

Mr. Oduyemi joined the services of the CBN in 1964 after a brief stint with the Barclays Bank DCO (now known as the Union Bank of Nigeria), and rose through the ranks. He worked in several departments, and made a career in the Banking Supervision Department with responsibilities for supervision of financial sector from where he was appointed Director, Banking Operations Department in 1987.

 

He was appointed Deputy Governor (Domestic Operations) in 1990. In June 1999, he was re-appointed as Deputy Governor, in charge of General Administration while he also served on several key policy making committees of the CBN such as the Monetary Policy Committee (MPC) and the Financial Sector Surveillance Committee (FSSC).

 

Mr. Oduyemi has participated in several professional activities including the Bank Examiners Programmes of the US Federal Reserve System and the FDIC, Washington DC, management programmes at the International Institute for Management Development, Lausanne, Switzerland, the Midland Bank Plc (now HSBC) London and the Bank for International Settlements (BIS) Basle, Switzerland. In Nigeria, he has served on the Boards of the Nigerian Printing and Minting Company, the Societe Generale Bank (Nigeria) Ltd and the National Provident Fund (now the National Social Insurance Trust Fund).

 

Mr. Oduyemi, who is married with three children, retired on January 12, 2004 after a record 14-year period as Deputy Governor and 40 years of meritorious service at Central Bank of Nigeria.


 

Alhaji Abdul Rasaq Ishmael ACIB, ACIS (Vice Chairman) 

 

Alhaji Abdul Rasaq Ishmael was born on December 8, 1939 in Lagos, Nigeria. He attended Leeds College of Commerce (now Leeds Polytechnics), Yorkshire, England between 1963 and 1967. He is a qualified Associate of the Institute of Bankers, England and Institute of Secretaries and Administrators, England. He had a brief stint at National Bank of Nigeria before he joined Backlond Wills, Yorkshire, England between 1963 and 1966.

 

He served in the Banking Supervision Department of Central Bank of Nigeria (CBN) with responsibilities for examining the books and affairs of licensed banks to ensure compliance with laws, rules and regulations as well as prudent banking practices. He became Director of Branch Operations in 1996.

 

His service with the Central Bank of Nigeria (CBN) spanned thirty (30) years characterized by merit that took him to the position of Director, Branch Operations Department of Central Bank of Nigeria (CBN) before retiring to private business.

 

He is happily married with children.

 

 

Mr. Olaniran O. Aloba FCIB, FCMA, FCA (Director)

 

Olaniran Olutayo Aloba was born on July 7, 1949 in Osun State, Nigeria. He attended London School of Accountancy, London in 1979. He is an Associate member, Institute of Bankers, England, Institute of Management Accountants, England and Fellow, Institute of Chartered Accountants of Nigeria.

 

He is an astute banker whose experience reflects by the number of years he spent in the banking industry. He joined the services of Central Bank of Nigeria (CBN) in 1966 and rose through the ranks to become Assistant Director, Banking Supervision Department in 1990. He was General Manager, Prudent Merchant Bank Limited, 1990-1991 and Chief Inspector, National Bank of Nigeria Limited, 1991-1993.

 

He became Executive Director, Finance & Information Technology, Afribank Nigeria Plc from 1993 to 1996. From 1996 to 1999, he was in charge of Corporate Development & Services in the same establishment. He could confidently bank on his over thirty-five year’s wealth of experience to start his private consultancy and investment business after retirement in 1999.

 

He is married with five children.


 

Mr. Olusola Alo   ACCS, AIB, ACMA (Director)

 

Olusola Alo was born on January 24, 1944 in Ekiti State, Nigeria. He attended University of Manchester Business School, Manchester in 1977 and London School of Accountancy, London between 1980 and 1982. He joined United Bank for Africa (UBA) after a brief career in the teaching profession and worked as clerical officer covering all aspects of Banking Operations, Domestic, Foreign and Advances from 1967 to 1970. He was promoted to Officer Grade and later as Sub-Manager analyst handling lending propositions from branches.

 

Olusola Alo was later promoted as branch manager, Kaduna South branch. He was then moved to Training Department having responsibilities for training needs of all United Bank for Africa (UBA) employees. He was subsequently transferred to Financial Services Division with responsibilities for large-scale consortium lending, funds placement etc. and later as branch manager, Ikeja Branch.

 

He resigned in 1997 to manage Professional Associates Limited, a management consulting firm with strong staff development competence. He served on the Board of Caxton Press (W.A) Limited, ODUA Printing Company, a subsidiary of ODUA Investment Company.

 

He also served on the Federal Government Visitation Panel to the University of Nigeria, Nsukka and also as a member of the Industrial Training Fund Governing Council.

 

Mr. Olusola Alo is happily married with five children.

 

 

Mr. Gbadebo Shoroye  FCA, FCCA, ACIB (Director)

 

Gbadebo Shoroye was born on August 30th, 1936. He is an Associate member, Chartered Institute of Bankers, London. He is a fellowship member of both Chartered Association of Certified Accountants and the Institute of Chartered Accountants of Nigeria.

 

He started his banking career with First Bank of Nigeria from 1959 to 1962. From 1963 to 1965, he worked with the Accounting firm of J. Magee & Co as an Audit trainee. His career took him to the Federal Ministry of Defence where he served as an Accountant between 1966 and 1967.

Mr. Shoroye served with the Central Bank of Nigeria for twenty-six (26) years (1967 – 1993) with concentration on regulation and supervision of licensed banks and other financial Institutions in the country. He had a brief stint at Organization and Methods (O & M) division and Finance and Accounts department. He retired from the Central Bank of Nigeria in 1993 as a Departmental Director.

 

Mr. Shoroye was later appointed into the board of International Merchant Bank Plc (IMB) as an Executive Director from April 1993 to 1995 with responsibilities to supervise the Corporate Banking Group and the Banking Operations Group.

 

Mr. Shoroye served at various times on the Board of NBCI, FMBN and Accounting Standard Board as a representative of Central Bank of Nigeria. He also served on the Board of Intercity Bank Plc as a bank being managed by IMB Plc under the Technical Management Agreement.

 

He is presently the Principal Consultant of Adonai Investment Limited and is happily married with children.

 

 

Mr. Adeshina Oduyemi Olusola M.Sc (Director)

 

Adeshina Olusola was born on November 13, 1971 in Lagos, Nigeria. He attended Ansar-rudeen Grammar School, Surulere, Lagos between 1984 and 1987. He was at Command Secondary School, Jos from 1987 to 1989.

 

Adeshina Olusola enrolled at the University of Calabar between 1990 and 1992 but was quick to leave to attend Huron University, London between 1992 and 1996 from where he obtained Bachelor of Science (B.Sc) in Business Administration.

 

He obtained his Master of Science (Msc) in Information Technology from East London University between 1997 and 1999. He was actively involved in conducting research on consumer goods and services on behalf of clients and educational bodies at Continental Research Limited, London from 2001 to 2003.

 

Adeshina Olusola is presently managing Mayfield Farms Limited, comprising a hatchery on 25 acres farm at Ajah and an egg production farm at Badagry.

He is married with a child.

 

 
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