Jobs/Appointments
NowNow Bolsters Advisory Board With David-West, Others
By Modupe Gbadeyanka
An African digital banking solution, NowNow Digital Systems Limited, has bolstered its advisory board with the appointment of David London, Managing Director, Cybersecurity, The Chertoff Group; Henrietta Bankole-Olusina, VP and Practice Lead, Economic Inclusion, Rockefeller Philanthropy Advisors; and Olayinka David-West, Associate Dean, Lagos Business School.
NowNow is a company that has built an ecosystem that digitizes payments and creates access to financial services for agents, consumers and businesses.
With the addition to its advisory board, the innovative company said it is focused on solving everyday financial challenges by creating the largest fintech ecosystem in Africa providing dynamic solutions to empower Africans with technology as well as support the financial inclusion goals in the region.
“We are honoured and excited to have David London, Henrietta Bankole-Olusina, and Olayinka David-West join our advisory board.
“Their addition to an already dedicated community of innovators and industry experts foreshadows an exponential growth and transformation of NowNow whereby we can serve the needs of Africa in better capacities.
“We look forward to their guidance and insights to ensure that the NowNow platform is safe, secure, and protected from external threats through its growth and commitment to transforming the fintech landscape in Africa,” the Chief Strategy Officer of NowNow, Mr Matthew Francis, said.
Mr London will play an enhanced role on the advisory board backed up by decades of experience in cybersecurity instrumental to security on the NowNow platform.
As the Managing Director of Cybersecurity at The Chertoff Group, he has worked with renowned security expert Michael Chertoff, Executive Chairman, The Chertoff Group, who served as Secretary of the Department of Homeland Security under President George W. Bush.
Mr London has also worked with global corporations to strengthen cyber governance, drive control transparency, and prioritize security investments to effectively mitigate and communicate cyber risk.
Through his role, he has led high-profile cybersecurity engagements in the financial services, energy, retail, healthcare, and technology sectors.
Speaking on the future of NowNow and his optimism about his role on the board, Mr London stated, “I’m thrilled to join NowNow’s advisory board where I can apply my cybersecurity and financial sector expertise as well as my experience living in Africa.
“NowNow serves a critical role in empowering African businesses and consumers, and I look forward to helping the organization sustain and strengthen its commitment to cybersecurity, trust, and transparency.”
On her part, Ms Bankole-Olusina is a leader with proven ability to lead cross-functional teams to success with career achievements in digital transformation, innovation, fintech business development, payments, and so on.
She works in financial services with a focus on financial inclusion policies driving regulatory requirements for Digital Financial Services (DFS) and engaging Financial Service Industry (FSI) regulators to provide advisory with the aim to strengthen regulatory policies in developing markets.
Also, Ms David-West is a Professor of Information Systems with over three decades experience in the IT and financial services industry. She is a passionate advocate for digital transformation and inclusive finance.
Her research and practice engagements involve policy and strategic management interventions towards digitally transformed businesses and society. She leads the Sustainable and Inclusive Digital Financial Services (SIDFS) initiative, a research and advocacy initiative dedicated to enhancing financial inclusion in Nigeria.
Jobs/Appointments
Makinde Picks Abimbola Akeem Owoade as New Alaafin of Oyo
By Adedapo Adesanya
The Governor of Oyo State, Mr Seyi Makinde, has formally announced Prince Abimbola Akeem Owoade as the new Alaafin of Oyo, more than two years since the throne was vacant following the death of the last Alaafin, Oba Lamidi Olayiwola Adeyemi III, on April 22, 2022.
A statement by the Commissioner for Information and Orientation, Mr Dotun Oyelade, said Prince Owoade, after thorough consultations and divination, was recommended by the Oyomesi and approved by the Governor of Oyo State.
According to the Commissioner, a statement to this effect had been issued by the Commissioner for Local Government and Chieftaincy Affairs, Mr Ademola Ojo, who said that the announcement put to rest all the social and legal bickerings that ensued since the demise of the previous occupier of the exalted seat in Yorubaland.
Mr Ojo called on all citizens of Oyo State to join the government in celebrating this momentous occasion and lend their support to the new Alaafin of Oyo.
The Commissioner prayed that his reign would bring peace, prosperity and unity to the historic Oyo Kingdom.
Business Post reports that insiders say there is some discontent as Prince Lukman Adelodun Gbadegesin was initially selected by the Oyo Mesi, the kingmakers, to be the next ruler.
Prince Akeem Abimbola Owoade, a member of the Owoade-Agunloye family, is 47 years old. He is a trained mechanical engineer.
He has an MSc in Mechanical Engineering from Northumbria University after he attained a BSc in Mechanical Engineering from the University of Sunderland.
Before his sojourn to the United Kingdom, he has some education in Nigeria, attaining his Higher National Diploma (HND) also in Mechanical Engineering from the Polytechnic, Ibadan and his National Diploma from Federal Polytechnic, Ilaro and his Secondary School from Baptist High School, Saki.
His coronation will happen in the coming weeks.
Jobs/Appointments
Adeonipekun Succeeds Akerewusi as Registrar of Stockbrokers’ Institute
By Aduragbemi Omiyale
Mr Ayo Adeonipekun has been appointed as the new Registrar and chief executive of the Chartered Institute of Stockbrokers (CIS).
He is taking over the position from Mr Josiah Akerewusi, who retired after a decade of meritorious service, according to a statement.
“This is a critical role that requires strong leadership, strategic thinking, and a deep understanding of the capital market.
“Adeonipekun possesses these qualities, and we believe he will transform the institute into a world-class certification entity,” the chairman of the Council at CIS, Mr Oluropo Dada, said.
Mr Adeonipekun is expected to guide the organisation to higher heights with his over 25 years of extensive multidisciplinary experience in leadership, finance, people and performance management, as well as corporate planning and administration.
Before now, he has served in various top management positions in leading organisations, including Marina International Bank (now Access Bank), Crossword Securities Limited, Sterling Bank, First City Monument Bank Plc, Susu Microfinance Bank, and MBL Financial Services, among others.
He was once the chief executive of a funds/portfolio manager licensed by the Securities and Exchange Commission (SEC), Reliance Capital Limited.
A Fellow of the Chartered Institute of Stockbrokers, Mr Adeonipekun qualified as a Chartered Stockbroker in March 2006 while working at Crossword Securities Limited.
He also became a Chartered Accountant in May 1997 and was admitted as a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) in 2013.
Additionally, he is a Certified Microfinance Banker (CIBN-MCP), an Associate Member of the Chartered Institute of Taxation of Nigeria (CITN), a trading license holder with the Nigerian Exchange (NGX) Limited, and a Registered Capital Market Operator/Sponsored Individual with the SEC.
The CIS chief boasts a Higher National Diploma in Accountancy from Yaba College of Technology, a Bachelor of Science in Accounting and a Master’s in Finance, both from Olabisi Onabanjo University (OOU), Ago-Iwoye, Ogun State, and currently a doctoral candidate (PhD Finance) at the same institution.
Jobs/Appointments
Olumuyiwa Olumekun Commences Duty as NAHCO CEO
By Adedapo Adesanya
The Nigerian Aviation Handling Company PLC (NAHCO Aviance) has announced the appointment of Mr Olumuyiwa Olumekun as its new chief executive, with effect from January 1, 2025, following the retirement of Mr Indranil Gupta.
Mr Gupta concluded his tenure as the company’s CEO on December 31, 2024, marking the end of an era that saw growth under his leadership.
The company’s announcement, delivered via a notice to the Nigerian Exchange (NGX) Limited, confirmed the board’s approval of Mr Olumekun’s appointment.
He brings over three decades of leadership experience, which will help steer NAHCO through its next phase of growth. His career at the company includes key roles such as Group Executive Director of Corporate Services, where he played an instrumental part in driving the company’s 2019–2023 strategic plan.
This plan resulted in a 300 per cent increase in profitability. He brings his experience in business development and commercial strategy to bear.
His previous tenure as Acting Managing Director and Executive Director of Corporate Services contributed to the development of NAHCO’s operational success and long-term strategic direction.
Mr Olumekun also led the company’s efforts in driving new business opportunities during his leadership of the Commercial and Business Development sectors in 2019.
Since retiring from his active role at NAHCO in 2022, he has continued his involvement in the company as a non-executive director on the boards of its subsidiaries, helping guide their growth.
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