Background
The election process for CFA Society Nigeria’s next Board of Governors will hold online between February 10 through March 19, 2021. To be eligible to vote, you must be a Regular or Affiliate member of CFA Society Nigeria with paid membership for FY21 calendar year.
In line with the Society’s Byelaws, the Board of Trustees (BOT) has constituted a Nominations Committee and an Electoral Committee to conduct elections.
Please endeavour to read through each candidate’s profiles to aid you in making an informed decision.
Nominations Criteria
The Nominations Committee will screen candidates for all Board positions against some objective criteria. These criteria are accessible here.
Election Criteria and Nominations Process
- Only active Regular Members of the Society are eligible to vote and be voted for in line with the Society’s Byelaws. Active membership means being current in the payment of the Society dues.
- The positions to be filled on the BOG include President, Vice President, General Secretary, Assistant General Secretary, and Treasurer. A detailed description of the roles can be found in article 10 of our Society’s Byelaws.
- All candidates for elections may:
- 1. Self-nominate
- 1. Self-nominate
- 2. Be nominated for elections by third parties. To be eligible, candidates other than self-nominees must be nominated by multiple third parties and, in addition, will be contacted by the Nominations Committee to confirm their interest to stand as candidates in the elections.
- For third-party nominations, active Regular, Affiliate, Charter-pending, and Candidate members can nominate people for Board positions. The nominee must, however, be a CFA or CIPM charterholder whose society status is active.
- All nominations will be screened by the Nominations Committee created by the BOT using the Society Elections Nominations Criteria. Only persons that successfully pass the screening process shall stand as candidates in the election.
- Voting during the election will be done electronically. The electronic voting platform will be advised ahead of the elections.
2021 Election Timetable
Date | Milestones |
10 February | Commencement of Nominations |
17 February | Third-Party Nominations Close |
19 February | Self-Nominations Close |
24 February | Announcement of Candidates for Election |
25 February | Election Campaigns Kick-Off |
5 & 6 March | Virtual (Zoom) Candidates’ Campaigns/Debates |
12 March | Election Day |
13 March | Announcement of Results |
19 March | Handover & Swearing-in of New BOG |
Meet the Candidates
Position of the President

BOG Electoral Candidate – President
Ibukun Oyedeji, CFA
Ibukunoluwa Oyedeji is the Chief Financial Officer of Ecobank Nigeria Limited. Prior to this, she was the Country Head of Securities, Wealth and Asset Management Business for the Ecobank Group. She was also the Managing Director of the EDC Fund Management Limited, a member firm of the Ecobank Group.
Before joining the Ecobank Group, Ibukun had worked with FBN Capital Asset Management (Now FBNQuest Asset Management) Limited as Head of the Fixed Income & Money Market department. She had also worked at Guaranty Trust Bank Plc (now GT Bank Plc).
She also worked with Goldman Sachs International, HSBC Global Markets and Morgan Stanley International – all in the United Kingdom. She has over 20 years’ experience in fund and asset management, credit analysis, treasury management and securities trading.
Ibukun holds a Bachelors’ degree in Economics from the University of Ibadan Nigeria and a Masters’ degree (MSc) in international securities & Investment Banking from ISMA Centre, University of Reading, UK. She is a CFA Charterholder, Fellow of the Institute of Chartered Accountants of Nigeria (FCA), an Associate of the Chartered Institute of Stockbrokers (CIS) of Nigeria and an Honorary Senior Member of the Chartered Institute of Bankers Nigeria (CIBN).
Ibukun currently serves on the Board of Accion Microfinance Bank. In addition to this, she is the Vice President to the CFA Society Nigeria. She also serves on the Board of Personal Financial Planning GTE, a not for profit body registered by the SEC to promote financial planning in Nigeria.

BOG Electoral Candidate – President
Ola Oladele, CFA
Ola is a B.Sc Accounting graduate of the University of Lagos, Nigeria with over 12yrs experience in Treasury and Investment management. Her experience covers global and local macro-economic analysis, Debt securities analysis and investments, ALM balance sheet management and fixed income securities trading. She currently heads the global market team at Parthian Partners, a fixed income brokerage firm in Nigeria.
She is a CFA charter holder and Chairs the Gender Diversity Committee of the CFA Society Nigeria. She also holds the ACI dealing certificate and is involved in facilitating finance-related trainings and tutoring various courses in the CFA level 1 curriculum.
In addition, Ola is the founder of the Money Wit Club- a community of budding investors. She also provides personal finance, investment, and economic education to individuals through her YouTube channel (@oleroladele), speaking engagements and one-on-one consultations.
She is married with a son.
Position of the Vice President

BOG Electoral Candidate – Vice President
Chuka Maduabum, CFA.
Chuka Maduabum is a private equity professional at Uhuru Investment Partners, overseeing investment opportunities in West Africa and creating value for companies. He currently sits on the Board of some institutions and has managed businesses in the capacity of CEO, COO, and CFO.
He has been a volunteer for the CFA Society Nigeria since 2014 where he served as a Member of the Programing Committee, Chair of the Programming Committee, and subsequently a Member of the Board of Governors as the General Secretary. He has contributed to enhancing the competence of finance professionals by preparing candidates for the CFA exams.
Chuka has a master’s degree in financial analysis and fund management from the University of Exeter, United Kingdom, and a bachelor’s degree in accounting from the University of Lagos. Chuka is a chartered accountant and a CFA Charterholder.

BOG Electoral Candidate – Vice President
Odiri Oginni, CFA
Odiri Oginni is Chief Executive Officer of United Capital Asset Management Limited (UCAM), the Investment management business of United Capital Plc, where she leads a team of investment professionals dedicated to delivering superior performance across a range of asset classes. UCAM manages over N250 billion in total assets for both institutions and individual investors. The firm is a top-3 manager of Mutual Funds across Equities, Fixed Income, and Multi-Asset Strategies and Solutions in Nigeria.
Before she was appointed CEO, Odiri served in various senior-level finance roles, including the Group CFO of United Capital Plc, a publicly listed investment banking group. As CFO, she expanded her influence beyond the traditional role of reporting financial results and managing costs to identify opportunities for top-line growth, drive profit improvement, and use financial data to influence operational decision making and strategy.
Odiri is a passionate advocate for goals-based investing where she assists investors in creating separate portfolios that are tied to specific goals. She actively participates in various industry committees such as the Equities Product Advisory Committee of the Nigerian Stock Exchange (NSE) and the Ethics, Rules, and Regulations Committee of Fund Managers Association of Nigeria (FMAN).
She is an angel investor and a member of Rising Tide Africa, a network that focuses on investing in early-stage startups that are female-owned, female-led or with a gender-diverse leadership and management team.
She is a First-Class Graduate of Accounting from Babcock University, a Fellow member of the Institute of Chartered Accountants of Nigeria (ICAN), and a CFA Charter holder.

BOG Electoral Candidate – Vice President
Olumuyiwa Adebayo, CFA
Adebayo Olumuyiwa, CFA, FRM, FCA, FICA, MBA (Cumbria), PgD. Transfer Pricing, ACTI, Adv. Dip. MA (CIMA), Dip. IFR (ACCA), BSc. (Hons.), HND
Adebayo Olumuyiwa holds a Bachelor’s Degree (Hons.) in Actuarial Science from the University of Lagos (UNILAG), also holds the Higher National Diploma in Business Administration and Management from Yaba College of Technology (YABATECH) and obtain his post-graduate Masters in Business Administration (MBA) with the University of Cumbria, United Kingdom; and Post Graduate Diploma in Transfer Pricing with the Middlesex University, London, United Kingdom.
He is a CFA Charterholder, and a certified Financial Risk Manager with the Global Association of Risk Professionals (GARP), both in the United States of America. He is a Fellow of the prestigious Institute of Chartered Accountants of Nigeria (ICAN) and also a Fellow of the Institute of Credit Administration of Nigeria. He holds the Advanced Diploma Certificate in Management Accounting (with the Chartered Institute of Management Accountants [CIMA, United Kingdom]). He holds the Diploma in International Financial Reporting (with the Association of Certified Chartered Accountants [ACCA, United Kingdom]). He is an associate member of the Chartered Institute of Taxation of Nigeria (CITN).
Olumuyiwa worked with Intercontinental Bank Plc for several years on Internal [and Financial] Controls function(s), including risk management activities of the bank.
Olumuyiwa was a Senior IFRS Specialist/Expert and an IFRS Technical and Research Fellow with Deloitte’s IFRS Advisory in Nigeria. He is a professional tutor in the areas of Financial Accounting, Financial Reporting, Corporate and Integrated Reporting; Taxation; Performance Management; Financial Management vis-à-vis Corporate Finance; Risk Management, Corporate Governance; Derivatives; Financial Analysis; Financial Forecasting; Financial Modeling; Financial Valuation; Data Analytics; Actuarial Valuations and Actuarial Reviews. He is into Financial Trainings, Facilitations and Advisory on International Financial Reporting & Standards (IFRS), Financial Management Practices, Risk Management Practices, Tax Practice, and Financial Modelling & Valuations. He is a resource
person in the Institute of Chartered Accountants of Nigeria (ICAN); Association of Certified Chartered Accountants (ACCA); Chartered Institute of Management Accountants (CIMA); CFA Institute and Chartered Institute of Stockbrokers (CIS) Professional Examination Programmes. He currently undertakes his Doctoral Degrees in Management and another in Finance (Fiscal and Tax policies). He is presently a shareholder and facilitator of Financial and Corporate Reporting in WySE Associates Limited, the leading Professional Accounting and Finance Tuition House in Nigeria and West Africa, where he is currently in charge of the administration of studies within the institution. He has many years of experience in the banking sector, and he worked in Internal Control of the Head Office until 2011 when he joined Deloitte (“Akintola Williams Deloitte”). Olumuyiwa has led and participated in several pieces of training,
IFRS Advisory and Implementation Projects with Deloitte (Nigeria), covering IFRS implementation; IFRS and Local Accounting Standards Advisory and Valuations. He was involved in the IFRS implementation of Financial Institutions (Banks, PFAs, PFCs and Insurance and related companies), Conglomerates (Manufacturing and Service Industries), Telecommunication Entities, and Energy and Resources (Oil and Gas Industry) Entities in Nigeria (between 2011 and 2013).
Olumuyiwa is an expert in financial modelling and valuation (which entails developing valuation tools for financial instruments, impairment of financial and non-current assets, a sophisticated model for writing IFRS Financial Statements, Model for Tax Assessments and Reporting, etc.). He is a technical/seasonal advisor to companies, professional bodies and regulatory authorities on Technical Accounting, Financial Reporting, Risk Management and Actuarial Valuation issues.
He is currently an AGM within the Group Finance function of a multi-national operating energy group of entities in Nigeria (with presence in scores of countries of the world, representing about 4 continents.
Finally, Adebayo Olumuyiwa is married to a beautiful wife with three beautiful FARA Girls and a handsome FARA Boy.
Position of the General Secretary

BOG Electoral Candidate – General Secretary
MUSA IBRAHIM BAGUDU, CFA
Musa is Head of External Funds Management Office in the Reserve Management Department of the Central Bank of Nigeria. His main function is to provide oversight on the External Asset Managers responsible for the management of a portion of the Bank’s foreign reserve.
He has over 19 years’ experience in Nigeria’s financial sector with expertise in investment management, banking operations, budget & budgetary control and human resource management. Over the years he has been involved in financial product development (non-interest financial instruments), fixed income portfolio management, financial analysis and project valuations.
Musa has attended extensive training is areas of Investment Management, Portfolio Analytics and management, Islamic banking and Finance, Project Management, Risk Management, Corporate Strategic Planning and Management, and Securitization of Financial instruments.
Musa holds an MBA from ABU Zaria and a first degree in Accountancy from the University of Maiduguri. He is a CFA charter holder, Chartered Alternative Investment Analyst, Certificate in Investment Performance Measurement (CIPM) Certificate Holder and an Associate Member of the Institute of Chartered Accountants of Nigeria.
WHY I AM THE RIGHT CHOICE FOR THE POSITION OF GENERAL SECRETARY, CFA SOCIETY NIGERIA BOG
I am a seasoned Investment Manager with over Two (2) decades of experience cutting across Commercial Banking, Central Banking, and Investment Management. I bring with me several years of senior management and board experience which will serve the Society. I currently serve as the Vice-Chair of the membership committee. I bring diversity to the board, a requisite for an effective board.
PLAN FOR MEMBERS
It is about YOU, the members!
Y – You can be rest assured that I would serve in your best interest and help sustain the trajectory of success by our predecessors.
O – Our Great Society needs a robust membership base for its success and survival and with my location advantage, we can achieve a lot.
U – Utilize my relationship with regulators to strengthen the relationship with the society for enhanced benefit.
VOTE ME ON THE BOARD AND LET’S MEASURE UP!!!
1. With the support of the Board, we can introduce a Thought Leadership Series where members can share insight and expert perspectives on important issues for the benefit of the wider membership.
2. Take proactive steps projecting the CFA Charter holder as thought leaders. Activities that include collaborating with regulators by conducting research and proffering solutions to some selective economic/investment management challenges will be part of this.
3. I intend to introduce ideas that will help increase enrolments into other categories of membership other than the regular membership.
4. I will work towards improved collaboration with other professional bodies in Nigeria to increase visibility and membership base.
5. We want to see increased member value and reach outside of Lagos. This will include replicating activities like quarterly sessions and other networking opportunities in Abuja.
6. I will provide “Administrative Diversification” to the Board as an extension of the Secretariat in Abuja. In this role, we will facilitate the setting up of the Abuja office and use it as a springboard for additional member value.
7. We will continue to facilitate the exchange of information and professional opinions among people within the Nigerian investment community.
8. In the role of General Secretary, I intend to ensure regular meetings of the BOG and proper record of the same.
Position of the Assistant General Secretary

BOG Electoral Candidate – Assistant General Secretary
Kike Mesubi, CFA
Kike is an energetic, consensus-building member of the CFA Society Nigeria. She started her service to the CFA Society as a member of the Programming Committee in 2016. In 2017, she was assigned Committee Chair for Programing and she has held that position since then. With the valuable contribution of her colleagues in the committee and the Board of Governors, CFA Society Nigeria, she has been able to raise the profile of the Society in Nigeria by introducing and managing both recreational activities and thought leadership events.
She holds a bachelor’s degree in Economics from the University of Ilorin and a masters degree in Finance and Investment from the University of Exeter, United Kingdom.
Kike has experience in portfolio management, research, performance reporting, stakeholder engagement, product and business development. She currently is the Head, Investor Services at FBN Holdings Plc and has previously worked with FBNQuest Asset Management, Oceanic Bank International (now Ecobank) and United Bank for Africa.
WHY I AM THE BEST FIT FOR THIS POSITION
The skills and character traits critical to this role are proactivity, strong attention to detail, and the ability to coordinate meetings. I have demonstrated all these traits during my four-year tenure as a member and chairperson of the Programming Committee. If elected, the transferability of these skills will ensure that there is adequate coordination and communications between the BOG and society members.
In addition, I will focus on attracting young Investment professionals to the Society while fostering engagement with existing members and increasing our footprint by collaborating with other Societies and regulators.

BOG Electoral Candidate – Assistant General Secretary
Wale Okunrinboye, CFA
Wale is an experienced investment professional with over nine years’ experience across equity research, macroeconomic research, investment strategy and portfolio management. He began his career at ARM Investment Managers where he provided sell-side equity research coverage across Nigerian financials, consumer goods and agriculture. Thereafter, he had a stint at Ecobank, where he was responsible for tracking developments across fixed income and currency markets for thirty-three African countries.
Presently, he works at Sigma Pensions, where he leads the investment strategy and portfolio management functions. He holds two degrees in economics: a bachelor’s degree from Covenant University as well as a Master’s degree from the University College London. He serves as a volunteer on the University Relations Committee. In between spells of joy and despair supporting Arsenal, he tries to learn how to manipulate macroeconomic data using python in his spare time.
WHY VOTE FOR ME?
“In the short run, the market is a voting machine. In the long run, it is a weighing machine.” – Benjamin Graham
As investment professionals, a vote can be likened to an investment with expectations of adequate risk-adjusted returns. In seeking your vote for the office of Assistant General Secretary, my objective is to deliver ‘alpha’ on your voting return expectations.
Since 2012, CFA Society Nigeria has experienced tremendous membership growth, increased local and international recognition and a greater impact on the Nigerian investment landscape. As with investing, these outsized gains were not achieved by accident, but the deliberate efforts of present and past members of the BOG who toiled away to get the CFA Society to its current place of pride. I began volunteering as a member of the University Relations Committee in 2017 and the experience has been thoroughly fulfilling as it has greatly enhanced my interpersonal, networking, communication and organizational skills. Also, I have also had the opportunity of taking revision prep classes in Economics for Level I candidates. Both experiences have exposed me to the inner workings of the CFA Society and helped highlight opportunities for growth.
I believe that as members of CFA Society Nigeria, our collective aspiration is to forge a society that leads the Nigerian investment landscape in professional competence and ethics while engendering practices that deepen our domestic capital markets. Over the last four years, I have volunteered as a member of the University Relations Committee In seeking to run for the office of Assistant General Secretary, beyond the required board duties, there are four cardinal objectives that I believe are pivotal to our shared goals (C-A-P-M). I will elucidate briefly on these below:
- Collaboration:As a member of a global body with strong roots in investment practice in developed financial markets, I believe CFA Society Nigeria can leverage on the global network to suggest cutting edge ideas that can be adapted to the Nigerian investment space. A bigger Nigerian financial and investment landscape benefits us all.
A. Advocate for board support for the introduction of a distinguished speaker series which will provide an avenue for exemplary investment professionals (locally and internationally) to deliver presentations on best practice ideas to members.
B. Tap into more CFA Institute initiatives (research foundation, GIPS, CIPM, Investment Foundation etc) to help replicate global best practices in the Nigerian environment.
- Advocacy: Though Nigerian capital markets have made giant strides over the last twenty years, we still have a lot of ground to cover. Work with other BOG members to create regular sessions with various regulators and stakeholders within the Nigerian financial landscape to build rapport on key initiatives that we would like to see in the Nigerian environment.
- Participation: After passing the CFA examinations and obtaining the CFA Charter, it’s fairly easy for membership to slip into dormancy which is inimical to the long term sustainability of the society. Accordingly, my drive will be to push for initiatives at the board level to help deepen member involvement across the various operational committees of the Society. Having worked in a few committees over the last four years, I have found these to be strong avenues for building strong professional relationships across different sectors of the Nigerian investment landscape. Involved members promote the society and help deepen impact.
A. Deepen relationships with career upskilling programs: As a young growing society with membership concentrated along with individuals still early in their career, it is important that CFA Society Nigeria be seen to play a role in helping members get along. One way of accomplishing this is via working with service providers to provide more required skills training for young members (in the areas such as financial modelling, data analytics, etc.) as well as career advisory/mentorship.
B. Lobby for the setting up of periodic member-led thought leadership drive/debates on topical issues facing various segments of the Nigerian investment landscape.
- Membership: To sustain the growth in membership, I would like to put forward the following ideas.
A. Deepen popularity of the CFA Investment Foundation for non-investment professionals:
B. Expand the outreach of our university competitions towards more universities and support the development of investment societies in more schools.
C. Push for the introduction of an annual essay competition for secondary schools on money and finance.
In my nine-year experience as an investment professional, I have found that having a long-run perspective often helps in navigating the tyranny of the now. I believe these initiatives will help meet our desires for CFA Society Nigeria to have greater impact on the Nigerian financial and investment landscape.
In pursuit of these objectives, I promise to deploy my skills, strengths, time and effort alongside my personal principles of grit, perseverance and moral courage.
So Help Me God.
Long Live CFA Society Nigeria!
VOTE Wale Okunrinboye for Assistant General Secretary
Position of the Treasurer

BOG Electoral Candidate – Treasurer
Folake Ajoke Bankole, CFA.
Folake Bankole is a financial analyst and strategist fueled by curiosity, excellence and innovation. She is currently the Chief Financial Officer at Sigma Pensions Limited, one of the top Pension Fund Administrators in Nigeria. She joined Sigma Pensions when Actis PE fund acquired the company through the investment company Actis Golf. She works closely with the Board and is also responsible for the financial management of Actis Golf.
Folake started her career in the Treasury Department of United Bank for Africa (UBA) and has since worked with several leading financial institutions including the Central Bank of Nigeria and PricewaterhouseCoopers. She has over 10 years’ experience in the financial services industry covering auditing, financial control & analysis, performance management, securities trading, financial reporting, corporate finance and business strategy.
Folake has a first-class degree in Accounting and Management from the University of Reading. She is also a member of the Association of Chartered Certified Accountants (ACCA) and a CFA charterholder.
As a regular member of the CFA Society Nigeria, Folake has actively participated in CFA events both in Lagos and Abuja and has especially supported board members in the areas of Advocacy and GIPs implementation. This led to her election as the Treasurer of the Board of Governors of the CFA Society Nigeria in March 2019. As Treasurer, she is charged with the financial management of the Society’s funds and ensuring successful implementation of projects. She also works with the rest of the Board to ensure delivery of the society’s objectives with specific focus
on member and candidate engagement in the North.
Folake is passionate about knowledge building especially in the area of financial literacy and thus participates actively in various financial support forums. She has delivered several professional trainings to both CFA and ACCA professionals. She is also very passionate about giving back to the society and is part of groups that cater to orphans and other less privileged members of the society. In her spare time, she enjoys learning about robotics & AI, salsa dancing, and listening to music.
WHY I AM BEST CHOICE FOR THE POSITION OF TREASURER, CFA SOCIETY NIGERIA
I have played an active role in the Society’s Advocacy initiatives and engagements with Regulators in the Nigerian Investment Industry for about five 5 years.
Having spent two (2) years on the Board as Society Treasurer, I understand the strategic vision of the Society and will continue to contribute to its growth with focus on the promotion of financial literacy, gender diversity in the investment management profession, high professional standards, and ethics in performance reporting in the Nigerian Pension Industry, amongst other things.
I am a Member of the Abuja Salsa club and my hobbies include dancing salsa, cooking, and baking.
Nominations & Electoral Committee

Ayodele Arogbo, CFA
Nominations Committee

Banji Fehintola, CFA
Nominations Committee

Sade Odunaiya, CFA
Nominations Committee

Tokunbo Ishmael, CFA
Nominations Committee

Dave Uduanu, CFA
Electoral
Committee
