ADEWALE EZEKIEL OGUNLOLU
Surulere,Nigeria
Summary
A Corporate finance professional with over Ten years of accounting and corporate finance experiences in Financial Institutions, assets management and money lending companies. Fully knowledgeable in financial analysis and modelling, corporate finance, International Financial Reporting Standard, enterprise risk management, business valuation, performance management and statutory audit. Adept at implementing innovative strategic financial management practices and procedures to improve value for money, efficiency, accountability and transparency.
To contribute to my organization’s success and serve with undiluted passion, professionalism and integrity for excellence, accountability and transparency.
Overview
15
15
years of professional experience
2
2
Certification
Work history
Group Chief Financial Officer
One Africa Markets
2024.07 - 2026.04
- Develop and oversee the financial strategy for the business expansion into more Africa Markets.
- Develop and oversee financial diversification, structure and funding plan.
- Develop financial risk assessment policies, reviews and financial analysis.
- Oversee the financial operational activities, strategy and business analysis of all corridors.
- Manage treasury function across all channels with the view to ensuring proper inventory management, funding cover, foreign exchange gap analysis and cash equivalent management.
- Supervise the implementation of the new holdco structure to fits into the overall medium term financial plan and business strategy.
- Maintain monthly financial reports, performance analysis and variance analysis for strategic financial planning.
- Constant review of overall strategic financial plan, investment decisions, budget and budgetary controls.
- Assessing financial controls, including risk assessments and reviews of risk areas.
- Work with the trading desk to ensure an impressive price management process through effective market analysis.
- Financial modelling and effective business analysis through valuation, data and quantitative analysis to support financial growth.
Group Chief Financial Officer
Canary Point Corporate Services, Lagos
Lagos
2021.07 - 2024.07
- Oversee the financial operational activities, strategy and business analysis of the subsidiaries under the group.
- Financial modelling and effective business analysis through valuation, data and quantitative analysis to support financial growth.
- Develop financial risk assessment policies, reviews and financial analysis.
- Supervise the preparation and remittance of federal and state tax returns across the entire group.
- Manage treasury by monitoring and controlling funds-term deposits, placement of funds with other financial institutions, application of funds, cash flow, investments and refinancing options.
- Supervise the preparation and recording of asset, liability, revenue and expenses entries by reviewing and analyzing account information.
- Maintain monthly financial reports, performance analysis and variance analysis for strategic financial planning.
- Constant review of overall strategic financial plan, investment decisions, budget and budgetary controls.
- Assessing financial controls, including risk assessments and reviews of risk areas.
- Work with management to ensure an impressive cost management process through budget and budgetary control.
- Plan, assign and review staff’s work and productivity.
- Key Achievement:
- Modelled the business valuation for the $2m seed raise that transit the bank (a subsidiary of the group) to digital banking.
- Prepared the management accounts of the banking and MFI arm from 2019 – 2021, got them audited and approved by the CBN in 9 months.
- Prepared and implemented the recapitalization strategy for the banking arm.
- Led the partnership team that broke into a big digital platform in Nigeria for business integration and treasury management agreement.
Chief Risk Officer
UK Dion Group, Lagos
Lagos
2020.12 - 2021.06
- Developed and communicated risk management policies, risk appetite and risk limits.
- Incorporated risk considerations into strategic decision making and ensured alignment between business strategies and risk policy.
- Consistently delivered risk analysis reports to management with actionable points of avoiding or preventing potential threats at all levels.
- Provided liquidity reports detailing funding position, funding needs, fund management including special financial and credit risk policies and processes.
- Reviewed internal and external audit reports to extract relevant risk and control information for the purpose of reporting, remedial and system improvement.
- Provided reports on investment decision, risk analysis, funds management and guidance on regulatory review process.
Moneytrust Microfinance Bank, Lagos
Lagos
2019.10 - 2020.11
- Constant assessment and evaluation of the Bank’s risk asset policy framework.
- Ensuring good fraud prevention, detection and correction procedures within the organization.
- Drive the company’s financial planning.
- Performs and assess the Bank’s Risk Asset Acceptance Criteria including policy formulation through Board and Management Credit Committees to minimize credit risk to barest minimum.
- Management, review and processing of credits and overall credit administration including detailed credit risk assessment.
- Deciding on investment strategies by considering cash and liquidity risks.
- Develop and oversees a new accounting systems, programs and procedures across for the bank.
- Performing risk management by analyzing the organization’s liabilities and investments through a thorough macro-economic variable analysis.
- Manage treasury by monitoring and controlling funds- fixed deposits, placement of funds with other financial institutions, application of funds, cash flow and refinancing options.
- Perform monthly balance sheet, income statement and changes in financial position/budget variance analyses.
- Prepares management reports as well as monthly ALCO reports to monitor the financial health of the bank.
- Monitoring a well-established financial operations process and risk management.
- Key Achievements:
- I detected income leakage of N28million in my first week through irregularities in recognizing placement income and absolute omission of withholding tax receivable which returned the bank’s loss recognition of N7million in 2019 to a profit of N12.1million.
- I recomputed the bank’s 2017 – 2019 financial years audited accounts and established a reconciliation system to agree with audit journals for same years, represented them for auditors and defended them at the Central Bank of Nigeria with approvals gotten within 9 months for the three financial years.
- Streamlined the credit process with new credit policies, relationship and recovery management that has enhanced and improve credit disbursement, turnaround time and debt recovery system leading to 21% increase in bottom line through facility write back and credit risk assessment system.
Finance and Treasury Manager
Prudential Mortgage Bank, Lagos
Lagos
2017.11 - 2019.10
- Compliance with Statutory authorities and audit requirements.
- Preparation of OPEX and CAPEX budgets and balancing of company’s financial records.
- Macro-economic trend and financial market analysis for cash and liquidity management.
- Preparation of management accounts and other financial reporting.
- Preparation of financial analysis, financial risk management and interpretation.
- Compiles and analyses account data.
- Analyze and recommends financial actions and best accounting options.
- Handles related accounting responsibilities.
- Payroll preparation, performance and variance reporting and treasury management.
Head, Management Information System
Empiretrust Microfinance, Lagos
Lagos
2015.09 - 2017.11
- Review, interpretation and submission of monthly CBN returns.
- Review and proofing of GL accounts for accuracy, correctness and transparency.
- Preparation of financial analysis, financial risk management and interpretation.
- Pass necessary journal entries & prepare cash trial and bank reconciliation statements monthly.
- Ensure timely payment of bills as approved by the management.
- Update the fixed asset register for each addition of assets on the basis of disbursement or journal voucher and representation on the software as appropriate.
- Prepare payroll & make remittances including salary forwarding on monthly basis.
- Key Achievements:
- I discovered error in cheque book request charge by the correspondent bank which led to my reconciliation of the SLA and a recovery of N6.8m being overcharged from the correspondent bank in 2017.
- I led a reconciliation team to discover error in migrated data by core banking app provider which had previously challenged the integrity of the bank’s data especially in the area of PAR.
- The establishment of a treasury plan policy and performance evaluation metrics developed by me increased profitability by 25% and enhanced staff evaluation and reward system respectively.
Processing Officer
Citygate Global Inv. Ltd, Lagos
Lagos
2013.07 - 2015.09
- Management and review of the company’s global loan portfolio.
- Processing of daily loan transfer requests through REMITA Platform and online instant payments (NIP, ECO BANK OMNI).
- Daily preparation of head office loan request for management approval.
- Breakdown of global approvals for management daily cashflow decision making.
- Preparation of monthly trend analysis on global reports.
- Account officer
- Daily preparation of the company’s financial standing.
- Raising of vouchers and issuance of cheques as cleared by the management.
- Petty cash book management.
- Monthly preparation of bank reconciliation statement.
- Movement of funds among the company’s bank accounts and monitoring of cash flows in the company’s accounts on a daily basis.
- Internal Control Officer
- Custodian of company’s policies, checks and authorization of procedures.
- Review of branch petty cash book accounts and transfer requests for authorization.
- Approval of customers’ file documents for loan disbursement.
- Confirmation of all cash inflows and monitoring of outflows in the company’s accounts and recommendation of reversals as appropriate.
- Ensure the correctness of all branch reports in line with the company’s software.
- Call over of various reports and raising of necessary queries as appropriate.
Subject Teacher
Solid Rock Model College
Abule Iroko, Ogun State
2011.10 - 2013.07
- Taught Economics and algebraic aspect of Mathematics in senior classes.
- Taught A’ Level Economics and Financial Account in Jamb classes.
Education
Masters of Business Administration -
Rome Business School
Bachelor of Science - Accounting
University of Ilorin
Kwara StateSenior School Certificate Examination - undefined
Remo Divisional High School
Sagamu, Ogun StateFirst School Leaving Certificate - undefined
Amazing Grace Int’l School
Skills
- Diploma certificate in the use of MS word, MS power point and MS excel
- Effective analytical and financial modelling skills
Certification
- Chattered Institute of Taxation of Nigeria, Associate Member, 2026 (In View)
- Diploma in International Financial Reporting Association of Chartered Certified Accountants (In view)
- Institute of Chartered Accountants of Nigeria (ICAN), (ACA) Chartered 2019
- Nigerian Institute of Management (NIM) (Graduate Member) Chartered 2010
- Nigerian Institute of Management (NIM) Proficiency Certificate 2010
REFEREES
AVAILABLE ON REQUEST
PERSONAL INFORMATION
Marital Status: Married., Sex: Male., Interests: Meeting people, learning, researching and making friends.
Awards
Citygate Global Most outstanding staff of the year 2014 and 2015, Overall best staff in Processing/operation for the year 2014 and 2015
PROFESSIONAL DEVELOPMENT
- Mifos Banking Software 2021
- Sage 50 Accounting Software 2021
- EazyBank Software 2017
- Bank One Software 2015
- Diploma in Database 2008
Timeline
Group Chief Financial Officer
One Africa Markets
2024.07 - 2026.04
Group Chief Financial Officer
Canary Point Corporate Services, Lagos
2021.07 - 2024.07
Chief Risk Officer
UK Dion Group, Lagos
2020.12 - 2021.06
Moneytrust Microfinance Bank, Lagos
2019.10 - 2020.11
Finance and Treasury Manager
Prudential Mortgage Bank, Lagos
2017.11 - 2019.10
Head, Management Information System
Empiretrust Microfinance, Lagos
2015.09 - 2017.11
Processing Officer
Citygate Global Inv. Ltd, Lagos
2013.07 - 2015.09
Subject Teacher
Solid Rock Model College
2011.10 - 2013.07
Bachelor of Science - Accounting
University of Ilorin
Senior School Certificate Examination - undefined
Remo Divisional High School
First School Leaving Certificate - undefined
Amazing Grace Int’l School
Masters of Business Administration -
Rome Business School