Background
The election process for CFA Society Nigeria’s next Board of Governors will hold online between February 8 through March 17, 2023. To be eligible to vote, you must be a Regular or Affiliate member of CFA Society Nigeria with paid membership for FY23 calendar year.
In line with the Society’s Byelaws, the Board of Trustees (BOT) has constituted 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 in good standing 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:
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- 1. Self-nominate
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- 2. Be nominated for elections by third parties. To be eligible, third-party nominated candidates must be nominated by
- at least one regular member in good standing, consent to the nomination, submit a nomination form as prescribed by the electoral committee.
- 2. Be nominated for elections by third parties. To be eligible, third-party nominated candidates must be nominated by
- 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 Electoral 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.
2023 Election Timetable
| Date | Milestones |
| 8 February | Commencement of Nominations |
| 15 February | Third-Party Nominations Close |
| 17 February | Self-Nominations Close |
| 22 February | Announcement of Candidates for Election |
| 23 February | Election Campaigns Kick-Off |
| 3 & 4 March | Virtual (Zoom) Candidates’ Campaigns/Debates |
| 10 March | Election Day |
| 11 March | Announcement of Results |
| 17 March | Handover & Swearing-in of New BOG |
Meet the Candidates
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.
WHY YOU SHOULD VOTE ME FOR PRESIDENT
I have demonstrated commitment, energy, and zeal towards ensuring the CFA Society Nigeria takes its pride of place in the Nigerian investment management space. This is evidenced in my being instrumental to the implementation of the various initiatives the Society has rolled out over the last 6 years that I have served on the BOG. A notable one being the conceptualization of the Society’s two Investment Conferences which pivoted her visibility in Nigeria.
I believe the next phase of transformation for the Society requires such strategic thinking to continually position for relevance and impact by leveraging on existing relationship with all our stakeholders.
My core focus therefore will be to deliver member value by ensuring that programs organized, not only focus on the technical skills around CFA charter, but also prepares our members for executive positions in the financial industry. I intend to introduce partnerships with globally recognized leadership training institutes to provide or enhance the required leadership skills essential to our members’ ability to climb the corporate ladder easily and thereby influence the industry.
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.
WHY I AM BEST POSITIONED TO SERVE AS VICE PRESIDENT
I have over 7 years of volunteer experience with the Society where I have served as a Member of the Programming Committee, Chair of the Programming Committee, and subsequently a Member of the Board of Governors as the General Secretary. I have equally contributed to adding value to members through my role in the maiden Career Fair, the bi-annual National Investment Conference and in enhancing the competence of finance professionals by preparing candidates for the CFA exams.
In addition to these years of service positioning me to drive the vision of the Society and my interaction with the leadership of CFA institute, gives me insight to align the mission of the institute and that of CFA Society Nigeria.
My strategic plan can be summarized in the following key points:
1) Making CFA Charterholders to be sought after by employers
2) Enhancing formal and informal networking opportunities among members
3) Improving the quality of resources available for professional development for members
4) Supporting advocacy drive to improve professional conduct and standards in the investment management industry.
General Secretary
BOG Electoral Candidate – General Secretary
Musa 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.
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.
Electoral Committee
Ayodele Arogbo, CFA
Sade Odunaiya, CFA
Dave Uduanu, CFA
