Jobs/Appointments
Digital Finance Practitioners Elect Leaders for Lagos Chapter
By Modupe Gbadeyanka
The Lagos State Chapter of the Association of Digital Finance Practitioners (ADFP) in Nigeria has been launched, with leaders elected to steer the ship for the next year.
The new executives emerged after a keenly contested election that took place virtually from November 27 to 28, 2021, producing Abubakar Shehu, Director VAS, Gateway and Broadband Sales at Globacom as President.
Other elected members of the committee included Adedoyin Samo, Group Head, HR & Admin., Zedcrest Capital Limited, elected as Vice President; ‘Nifemi Oluboyede, Product Manager – credit, Kuda Digital Bank elected as Secretary; Lukmon Oloyede, Head, Product Marketing & Brand Communication, Zedvance Finance Limited emerged as Publicity Secretary; Yemi Kehinde, Group Head, Zedcrest Capital Limited as Legal Officer and Amarachi Wogu, Head, Channel Delivery, Inclusive Banking at Heritage Bank Plc as Welfare Officer.
In his acceptance speech, Mr Shehu commended the electoral committee for a free and fair election and the event organizing committees for hosting a successful historic event.
“As we consult with the board of trustees to fulfil the objectives of the ADFP, we promise to do our best to make the association a force to reckon with in the industry as we promote financial inclusion and advocate for more stakeholders’ policies and regulations that would deepen the DFS ecosystem in Nigeria,” he said.
Before the inauguration of the new executives, an interactive panel session was held on The Role of Country Association in Capacity Building for DFS Design and Delivery.
The panelislts – Folasade Femi-Lawal, AGM, Card & Messaging Business, FirstBank Nigeria; Stanley Jacob, Director, Country Business Development, MasterCard Nigeria; Kayode Olubiyi, Head, Physical Digital Bank, UBA; Kayode Kalejaiye, Head, Digital Products & Innovation, International Digital Financial Services at Essex, UK emphasized the importance of having a community of practice for exchange of knowledge, collaboration and networking in the DFS ecosystem.
According to Kayode Olubiyi, investing in capacity building should be encouraged by all institutions and regulators as the financial sector continues to evolve.
“The entire world is struck by digital transformation and is becoming more interconnected by the day using digital technologies. Digital finance has brought together people from different fields.
“To build sustainable financial products, design policies and provide appropriate regulation, we need stakeholders’ engagement – and this includes capacity building and knowledge sharing,” he said.
Folasade Femi-Lawal, in the same vein, stated that one of the major ways to bridge the talent gap in the industry is to upskill employees.
She said “export of talent is happening all over the world especially and it is important to we build a pool of talent that would quickly fill the industry gap. Despite the export of talent in Africa, many organizations across the world are still looking forward to extending their footprint in Africa.
“So, we need the ADFP to be at the forefront of talent development for the future. Undertaking the Certificate in Digital Money (CIDM) and the Leading Digital Money Markets (LDMM), and other Digital Frontiers Institute (DFI) qualifications certified by the Fletcher School at Tufts University, USA should be encouraged by all institutions especially for those in the financial sector and other related job roles.”
According to Stanley Jacob, ADFP is already producing leaders that are passionate about financial innovation. He charged the newly elected executives of ADFP Lagos to be a major driver of DFS innovation and to collaborate with innovation hubs, banking and finance institutions and other key stakeholders in Nigeria to bridge the talent gap.
Formulated by the Alumni of the Digital Frontiers Institute (DFI) Community of Practice (COP) members, the ADFP Lagos was created to catalyse the capacity of Nigerian Digital Finance Service (DFS) practitioners towards ensuring a greater level of financial inclusion and digital inclusiveness for all. It also seeks to promote digital transformation, ethical work culture within the DFS ecosystem, and contribute to sustainable development.
While delivering the keynote address at the event held on Saturday, December 11, the Chief Executive Officer, Alliance of Digital Finance Associations (The Alliance), Sarah Corley, stated that the inauguration of the Lagos Chapter of ADFP would, no doubt, deepen the DFS ecosystem in Nigeria through the exchange of knowledge, information and promotion of industry best practices.
“ADFP Nigeria is one of the founding members of the Alliance and I am personally happy that we are coming together globally to share a mutual passion about digital finance and to talk about change.
“It’s not just about learning but about how we can use that knowledge to improve digital financial services and better the lives of many people that are financially excluded by enabling them to have access to credit, insurance, loans and other financial services.”
“We are all part of a big ecosystem that include researchers, bankers, product managers etc. We all know that the banking and finance industry will not remain the same in the next 20 years. So, if we are saying Digital Finance is a profession, then we need a professional association to belong with. We should have associations that practitioners can be part of to make an impact and that is the role ADFP would fill,” Corley said.
Since 2016, Nigeria has had over 300 professionals trained in different aspects of digital financial services design and delivery across the domains of operations, technology, and regulation. Such knowledge and skillset cannot guarantee the anticipated impact if not well harnessed.
To achieve this, the country-level Community of Practice was set up to coordinate professional knowledge discourse and practice among DFS enthusiasts undertaking the CIDM, LDMM and other courses.
Graduates of these courses alongside other specialized courses have today become members of alumni networks in over 21 countries across the globe. These alumni networks which have grown into legally registered country associations, continue to play a significant role in deepening the DFS ecosystem through expansive and inclusive professional membership development opportunities, while also contributing to the growth of financial inclusion and the digital economy.
Nigeria has the rare privilege of having two chapters of the alumni network (Lagos and Abuja) under the Association of Digital Finance Practitioners (ADFP), Nigeria. It is the vision of ADFP to be a world-class professional association that will contribute to the evolution and development of the DFS ecosystem.
ADFP in Nigeria is a founding member of the Global Alliance of Digital Finance Associations (ADFA) and registered under the provisions of the Companies and Allied Matters Act CAP C20 LFN 2004.
As a professional association of certified and experienced industry practitioners and academia, AFDP is guided by a constitution under an advisory oversight of a board of trustees. ADFP is run by an executive team with years of experience in both industry and academia.
By Aduragbemi Omiyale
In line with the 12-year tenure prescribed for non-executive directors of banks by the Central Bank of Nigeria (CBN), Mr Tony Elumelu will on August 21, 2026, cease to be chairman of United Bank for Africa (UBA) Plc.
The board of the financial institution at its meeting on July 6, 2026, has elected Mr Emmanuel Nnorom as the new chairman.
In a notice to the Nigerian Exchange (NGX) Limited, the lender said Mr Elumelu’s successor, a non-executive director of the company, will assume the new role on August 21, 2026.
Mr Nnorom is a chartered accountant with over 40 years of experience in banking, finance and audit. He brings to the role extensive leadership experience and deep institutional knowledge of UBA.
“I am honoured by the trust the Board has placed in me and deeply conscious of the legacy I inherit.
“I look forward to working with my colleagues on the board, management and our staff across all our markets to sustain UBA’s momentum and continue delivering long-term value to our shareholders, customers and stakeholders,” Mr Nnorom stated.
Commenting on his retirement, Mr Elumelu said, “Serving United Bank for Africa has been one of the great privileges of my career.
“UBA has a unique competitive position, across Africa and globally, and I leave the Board with great confidence in UBA’s future.
“Emmanuel Nnorom is a leader of integrity, experience and sound judgement, and I am confident that the Bank will continue to thrive under his leadership.”
The board thanked him for his visionary leadership and exceptional contribution to the growth, transformation and institutional strength of the UBA Group.
By Adedapo Adesanya
WACT-APM Terminals Nigeria has announced the appointment of Mr Courage Obadagbonyi as Managing Director, effective July 1, 2026, succeeding Mr Jeethu Jose and becoming the first Nigerian to hold the post.
The appointment reflects the organisation’s continued focus on developing strong leadership from within its global talent pool while ensuring sustained growth and operational excellence.
A seasoned executive with more than two decades of international experience, Mr Obadagbonyi has held leadership roles across finance, operations and general management at leading global organisations, including APM Terminals, General Electric and Lafarge.
Prior to this appointment, he served as Chief Financial Officer (CFO) for the APM Terminals Nigeria cluster, with responsibility for financial strategy across Nigeria and San Pedro, Côte d’Ivoire.
He also served in an acting capacity as Managing Director of APM Terminals Apapa between 2025 and March 2026, further strengthening his operational leadership experience.
With experience spanning sectors such as oil and gas, power generation, logistics and healthcare, Mr Obadagbonyi brings deep expertise in financial management, risk optimisation and business performance.
Speaking on his appointment, he said, “I look forward to building on the strong foundation already in place at WACT. The terminal plays a critical role in connecting businesses in Eastern Nigeria to global markets, and we will continue to focus on safe, reliable and efficient operations.”
On his part, the Chief Executive Officer of APM Terminals Nigeria, Mr Frederik Klinke, noted that the appointment reflects the company’s commitment to leadership development and long-term growth.
“Across APM Terminals globally, we see strong collaboration and talent development across our teams. This appointment reflects the depth of experience within our organisation and our continued focus on building capabilities that support sustainable growth. Nigerians have continued to distinguish themselves through exceptional performance and leadership. Colleagues from our Apapa and Onne terminals have contributed their expertise internationally while also bringing back valuable best practices to strengthen operations in Nigeria.”
He added that Mr Obadagbonyi’s experience would support the next phase of operational excellence and value delivery at WACT.
The outgoing MD, Mr Jose, said, “It has been a privilege to lead WACT-APM Terminals Nigeria during a period of meaningful progress. The team has built a strong platform for the future, and I am confident in the continued success of the organisation.”
West Africa Container Terminal (WACT)-APM Terminals in Onne, Rivers State, is one of Nigeria’s leading container terminals, having commenced commercial operations in 2006.
The company has continued to invest in capacity expansion and modernisation, including a $115 million terminal upgrade project launched in 2020. The upgrade also includes the deployment of reefer racks with a 600-plug capacity, as well as the expansion of the existing yard, a new workshop, a new terminal auto gate, modernised offices and state-of-the-art technology. These investments have enhanced efficiency, strengthened service delivery and reinforced WACT’s role as an important gateway for trade beyond Lagos.
By Aduragbemi Omiyale
A new member has joined the board of Unilever Nigeria Plc, and she is Mrs Modupe Femi-Okunbanjo, who was appointed as an executive director of the organisation.
Her appointment, according to a statement from the company, is effective June 30, 2026. It followed the resignation of Mr Ibrahim Sodipe as an executive director of the firm with effect from June 30, 2026.
Mr Sodipe was praised for his valuable service and significant contributions to the entity, particularly in driving improved turnover and profitability and supporting Unilever Nigeria’s continued progress towards sustainable and profitable growth.
Mrs Femi-Okunbanjo was described as an accomplished finance and governance leader who, for more than 15 years, has steered finance teams, shaped strategy, and strengthened risk management frameworks in the fast-moving consumer goods and telecommunications sectors.
She is currently the Financial Controller of Nigeria and Regional Controls Lead for West Africa at Unilever Nigeria, where she oversees financial governance, regulatory compliance, and enterprise risk management.
Her work has been pivotal in embedding ethical leadership and data-driven decision-making at board level, while ensuring organisations remain resilient in the face of shifting market dynamics.
The new board member has established a reputation for elevating financial reporting, advancing audit excellence, and strengthening governance frameworks, thereby positioning organisations for sustainable growth and long-term value creation.
In her previous roles, she has a consistent track record of delivering margin expansion, enhancing governance & control environments, and leading transformation in challenging macroeconomic conditions.
She is equally committed to developing future talent and advancing financial literacy among younger generations.
Prior to her joining Unilever Nigeria Plc in 2018, Mrs Femi-Okunbanjo held key roles at UAC of Nigeria Plc, Helios Towers Nigeria, and Makasa Sun Nigeria Limited, where she pioneered control frameworks from the ground up, eliminating revenue leakages, digitising operations and embedding financial discipline.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Member of the Chartered Institute of Management Accountants (CIMA), she holds a Bachelor’s degree in Accounting from Lagos State University and an MBA with Specialisation in Strategy from the Edinburgh Business School, Heriot-Watt University, UK.
