Mr. Akingbe, Chairman Board of Directors is a Chartered Accountant, who started his professional career in 1976 with Audit Firms including Price Waterhouse & Co. (1978-80). He joined Chase Merchant Bank Nigeria Limited in 1980 as a Credit Analyst, rose to become Lagos Branch Manager of the bank in 1984 and left as an Assistant General Manager (Head of Credit Policy Dept.) in January 1988. In September 1983, Mr. Akingbe completed the 12 Month Credit Development Program of Chase Manhattan Bank, N. A., New York, and was graded “Outstanding”.

Mr. Akingbe is the Chief Executive Officer, Ventures & Trusts Ltd and has exceptional competence in relationship/portfolio management, financial consultancy and venture capital services, product marketing and international trade finance. Apart from overseeing the general affairs of the Company, Mr. Akingbe has direct responsibility for our Investment and Portfolio Management Group.

Mr. Akingbe was appointed a director in Agusto & Co in December 2003.