Board of Directors

Chairman

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.

DIRECTOR

Olabode Agusto

Bode Agusto was the founding Managing Director of the Company. He is a Chartered Accountant and has over three decades of work experience in both the private and public sector. Bode was an Assistant Vice President in Citibank Nigeria, a Partner in PwC, and Director-General & Adviser (Budget Matters) to President Obasanjo during his second term in office. He was also a non-Executive Director of the National Pension Commission (PenCom), the Shell Nigeria Pension Fund and a member of the Monetary Policy Committee of the Central Bank of Nigeria.

He is currently an independent researcher/consultant. His research interests and speaking engagements cover politics, economics, and business strategy in the key economies of sub-Saharan Africa – Nigeria, South Africa, Angola, Kenya, Tanzania, Ivory Coast, Ghana, DRC and Cameroon. He has served as adviser to various companies in Nigeria. He is also a non-Executive Director of Agusto & Co. Ltd and Guaranty Trust Bank Plc.

Bode holds a degree in Accounting from the University of Lagos, an Executive Certificate in Strategy & Innovation from Massachusetts Institute of Technology, Sloan School of Management and is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).

In 2002, President Obasanjo invested Bode Agusto as a Member of the Order of the Federal Republic (MFR) for his contributions to the Nigerian economy.

Managing Director

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.

Executive Director

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.

Send via WhatsApp
Search

Finance & Leasing

COMPANY RATING EXPIRY OUTLOOK COUNTRY
Fast Credit Limited Bbb Jun 30 , 2025 Stable Nigeria
Fewchore Finance Company Limited Bbb- Jun 30 , 2025 Stable Nigeria
Credit Direct Finance Company Limited  Bbb+ Jun 30 , 2025 Stable Nigeria

Corporates

COMPANY RATING EXPIRY OUTLOOK COUNTRY
Dangote Industries Limited A+ Jun 30 , 2025 Stable Nigeria
Nigerian Breweries PLC A+ Jun 30 , 2025 Stable Nigeria
Flour Mills of Nigeria PLC A- Sep 30 , 2025 Stable Nigeria
Saro Lifecare Limited A- Jun 30 , 2025 Stable Nigeria
Jimcol Resources Nigeria Limited Bbb+ Jun 30 , 2025 Stable Nigeria
Coleman Technical Industries Limited A- Jun 30 , 2025 Stable Nigeria
Dangote Sugar Refinery PLC A+ Jun 30 , 2025 Negative Nigeria
MTN Nigeria Communications PLC Aa+ Jun 30 , 2025 Negative Nigeria
Zeenab Foods Limited A Jun 30 , 2025 Stable Nigeria
Lagos Free Zone Company Bbb Jun 30 , 2025 Stable Nigeria