eTranzact Confirms Toluwalope as Substantive MD/CEO

By Dipo Olowookere

Mr Olaniyi Toluwalope has been confirmed as the substantive Managing Director/CEO of eTranzact International Plc, a leading payment platform in Nigeria.

This information was disclosed in a statement issued by the company.

Mr Toluwalope served as the Interim Chief Executive Officer of the firm before the board’s approval recently.

Mr Toluwalope holds a BSc in Accounting from the University of Lagos and an MBA from the

University of Virginia’s Darden Graduate School of Business. He is also a Chartered Accountant.

Before joining eTranzact International Plc as the Chief Financial Officer in 2011, he worked in several units within PricewaterhouseCoopers including Financial Services, Energy and Oil & Gas,

Telecommunication, and Consumer and Industrial Products. He also worked at JP Morgan Securities Investment Banking Division and Credit Suisse First Boston’s Investment Banking unit in New York City.

In the same vein, the board said it has approved Mr Hakeem Adeniji-Adele as the substantive deputy MD/CEO of eTranzact.

Mr Adeniji-Adele holds a BSc Honours in Mathematics and Computer Science from University of London Goldsmiths College and an MBA (Corporate Finance) from the University of Leicester Management School.

He served as the Chief Technology Officer and Public Service Director of Microsoft between 2015 and 2018. He also worked in Aspirah Technology Solutions Limited where he was the Managing Director.

Mr Adeniji-Adele has over 20 years hands-on experience in technology having worked in different capacities in various companies.

In the statement, the board of eTranzact expressed confidence that the appointments of the duo “will bring in the required experience that will drive the company’s business forward.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via

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