Femi Akingbe

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.

Yinka Adelekan

Yinka Adelekan is the Managing Director of Agusto & Co, Nigeria’s leading Credit Rating Agency. With extensive experience in corporate banking, risk management, and financial analysis, she possesses a diverse skill set. Prior to joining Agusto& Co, Yinka worked as a Credit Analyst in the Corporate Banking Division of Chartered Bank Plc. (now Stanbic IBTC Bank Plc.) where she managed clients and structured credit for various sectors including construction, aviation, telecommunications, and shipping.

Yinka is known for her exceptional leadership, strong communication skills, and adeptness in presentation and problem-solving. She is an experienced financial analyst, An Honorary member of Chartered Institute of Bankers, Senior Associate Member of Risk Managers Association of Nigeria (RIMAN), a fellow of the National Institute of Credit Administration and a Key member of Agusto & Co's Rating committee. Under her leadership, Agusto & Co. has issued over 1200 ratings to banks, manufacturing companies, funds, insurance companies, leasing companies, and asset management firms. She also possesses experience in sustainable finance and verification of green projects in line with CBI standards.

She has also been a lead facilitator for various courses related to credit risk, business strategy, and commercial lending for over 15 years.

Isaac Babatunde

Isaac is an Executive Director in charge of Corporate and Sub-Sovereign Ratings at Agusto & Co. He has over twenty-eight years’ experience in ratings (corporates, sub-nationals, banks and non-bank financial institutions), research, training, audit, accountancy and taxation. Isaac leads Agusto & Co.’s initiatives that has resulted in the rating of over 200 corporates and 27 Nigerian sub-national governments as well as their various issuances (commercial papers and bonds).

Isaac facilitates in training programmes organised by Agusto Consulting (a subsidiary of Agusto & Co) in the areas of accounting, financial analysis, credit and credit risk management.

He has made presentations to the Ghana Bond Development Committee; The African Securities Exchanges Association (ASEA) at JSE and Kenya Conference on Sub-national borrowings, amongst others.

Isaac joined Agusto & Co. in February 1999 and has worked in various departments within the Firm rising through the ranks to becoming an Executive Director in 2011.

Prior to joining Agusto & Co, he trained and worked with one of the largest public accounting firms for over six years.

Isaac has a B.Sc. (Hons.) in Economics from Obafemi Awolowo University, Ile-Ife. He is a Fellow of the Institute of Chartered Accountants of Nigeria and an Associate of the Chartered Institute of Taxation of Nigeria. Isaac is certified as an Accredited Management Trainer by the Centre for Management Development (CMD) and an alumnus of the Lagos Business School having completed the Senior Management Programme in 2006. He has attended various training courses both in Nigeria and overseas.

Ade Ayeyemi

With over 35 years of experience in financial services, Ade Ayeyemi has had a distinguished career spanning leadership roles in multinational organizations, including Ecobank Transnational Incorporated (ETI) and Citigroup. As Group CEO of ETI from 2015 to 2023, he led the strategic management of a diversified financial services group operating in 39 countries across Africa, Europe, the Middle East, and Asia. Under his leadership, the group achieved remarkable profitability milestones,including a return on equity exceeding 20% in 2022. He also spearheaded initiatives to strengthen governance processes, ensure compliance, and foster partnerships with key stakeholders, including regulators and international stock exchanges.

Before joining ETI, Ade spent over two decades at Citigroup, where he held various senior leadership roles, such as CEO for Sub-Saharan Africa and Managing Director for Global Transaction Services. His expertise in financial product innovation, risk management, and technology-driven solutions has positioned him as a thought leader in transforming financial operations across emerging markets. His educational achievements include an MSc in Financial Management from the University of London and an Advanced Management Program (AMP) from Harvard Business School. He is also a Chartered Accountant (ACA).

Olande Agusto

Olande Agusto is a highly accomplished and versatile professional with progressive experience in research, strategy, communications, and advocacy. Throughout her distinguished career, Olande has held pivotal roles in renowned organizations such as Melburn Consulting and Coca-Cola Nigeria Limited, where she consistently demonstrated exceptional leadership, analytical acumen, and a passion for driving impactful change.

Olande’s expertise spans the development and execution of innovative strategies, the management of complex research projects, and the design of compelling communication and advocacy campaigns. She is recognized for her ability to distil complex information into actionable insights, foster stakeholder engagement, and champion initiatives that advance organizational goals and societal progress.

She holds a Bachelor of Science degree in Economics and Political Science (Cum Laude) from Houston Baptist University, Texas, reflecting her strong academic foundation and commitment to excellence. In addition, Olande is proficient in French, having earned a Diploma in French Language (Intermediate Stage) from Ecole France Langue in Nice, France, which further enhances her ability to operate effectively in multicultural and international environments.

Olande is admired by colleagues and clients alike for her integrity, collaborative spirit, and unwavering dedication to delivering results that make a difference. She remains committed to continuous learning and leveraging her skills to create value, inspire teams, boards, and contribute meaningfully to every organization and community she
serves.

Femi Edun

Femi Edun graduated from the University of Ife and is a Fellow of the Institute of Chartered Accountants of Nigeria. He has extensive experience in audit and assurance, consulting, credit ratings and research, corporate finance and proprietary investment, from a variety of roles in Akintola Williams & Co (now Deloitte), Price Waterhouse (now PricewaterhouseCoopers), Agusto & Co. Limited, Nigeria’s first credit rating agency and Frontier Capital Limited, a boutique investment banking firm where he was CEO from 2006 to 2015 and remains a non-executive director. He co-founded Frontier Capital Alternative Assets Limited, the pioneer privately owned and financed acquirer of distressed debt portfolios in Nigeria.

Between 2006 and 2007, he was a volunteer adviser to Nigeria’s Federal Minister of Education, task team leader on education finance reform and Secretary of the Presidential Committee on Reform of Unity Schools. From 2016 to 2019, he served as a volunteer special adviser to the Federal Minister of Industry, Trade and Investment and as a non-executive director of the Bank of Industry.

Currently, he serves as the Chairman of Craneburg Construction Limited, nonexecutive director of Emerging Markets Telecommunication Services Limited – owner of the 9mobile network and independent non-executive director of Chevron Closed Pension Fund Administrators Limited amongst other directorships.

Folabi Ayoola

Folabi is the co-founder and managing partner of Octave Partners Limited, an investment & management consulting firm focusing on West Africa. Before cofounding Octave, he worked on the investment team at Travant Capital Partners for 2 years. Travant, a Private Equity firm with $107 million under management, focused on investments in West & Central Africa.

Folabi also has financial advisory experience with Ocean & Oil Holdings in Nigeria and management consulting experience with Booz Allen Hamilton (now Booz & Co) in the U.S. Prior to attending business school; he spent 5 years gaining experience with three Fortune 500 companies: Halliburton, Merck & AstraZeneca Pharmaceuticals.
In these roles, he gained experience in operations, strategy and engineering. For example, at AstraZeneca, he was responsible for the operations of a factory. He managed employees in the production of Seroquel, a drug with sales of over $2 billion per year.

Folabi holds a Bachelor of Science degree in Chemical Engineering from the University of Houston, Texas, where he graduated with honours and was Elected to the Tau Beta
Pi Engineering Honour Society. He also has a Master’s in Business Administration degree from the Harvard Business School, where he focused on Finance, Strategy & Entrepreneurship.