BENEDICT ADAKOLE AGBO
ABUJA,FCT
Summary
Experienced, Organised and dependable Development Finance Personnel with 20 years of experience/demonstrated history of working in the Apex Bank. A certified Expert in Agricultural Finance - CEAF (Frankfurt School of Finance and Management), Certified Enterprise Risk Management Professional - CERMP (The Risk Academy), Fellow of the Chartered Institute of Loans and Risk Management - FCILRM.
Successful at managing multiple priorities, especially in the agricultural value chain and Agricultural Finance, with positive attitude. Willing to take on greater responsibilities to meet team goals.
Overview
20
20
years of professional experience
1
1
Certification
Work history
Associate Head, MSME Credit Division (Dep. Dir.)
Central Bank of Nigeria
ABUJA, FCT
2024.01 - 2024.04
- Oversee both the Small and Medium Enterprises Finance and the Microcredit Offices that managed 19 of the Bank's interventions in the real sector of the nation's economy
- Enabling the mobilization of private sector financing for long-term investment in infrastructure and targeted productive and employment elastic sectors.
- Promoted continuous improvement by problem-solving and sharing suggestions to optimise team operations.
- Successfully delivered on tasks within tight deadlines.
Head, Commercial Agriculture Credit Division (D/D)
Central Bank of Nigeria
ABUJA, FCT
2023.06 - 2024.01
- Oversee three key offices namely; Commercial Agriculture Credit, Agricultural Credit Guarantee Scheme (ACGS), and Export Commodity Promotion Offices.
- Secretary to the Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) and delivered high-quality results within budget and timeframe targets.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
Associate Head, Retail Agric. Credit Div. (A/D)
Central Bank of Nigeria
ABUJA, FCT
2022.01 - 2023.06
- Driving Agricultural Value Chain Sustainability and Production towards food security in Nigeria through the development and review of the CBN's development finance interventions in the agricultural sector, including the Accelerated Agricultural Development Scheme (AADS) and the Anchor Borrowers' Programme (ABP), which has received resounding commendations for its contribution to the nation's food security drive through improved agricultural outputs, and engaging over 5.2 million smallholder farmers.
- Successful implementation of the Anchor Borrowers' Programme with the following outcomes:
- Increased yield per hectare for paddy and maize from the traditional average of 1.5 metric tonnes per hectare to 4.0 metric tonnes per hectare.
- Launching of the Brown Revolution, a CBN's initiative designed to revolutionize the wheat production landscape across the country and targeted/achieved increase in wheat yield per hectare of 7.0 metric tonnes in some areas, from the traditional average of 1.5 metric tonnes per hectare.
- Contributed significantly to Nigeria's exit from the 2020 economic recession through improved agricultural and manufacturing production outputs.
- Mid-wived the creation of over 12.5 million direct and indirect jobs across the various nodes of the agricultural value chain. Facilitated credit and attracted private sector financing for sustainable transformative impact on the agriculture value-chain.
- Working closely with relevant stakeholders to increase agricultural production and yield.
- Ensure sufficient supply of Agro-commodities through cultivation (Rice, Maize, Sorghum, Oil-palm, Cotton, Cassava).
- Team Lead for the Rice Commodity Working Group from April 2020 to September 2021 - Nigeria almost achieved self sufficiency in paddy production.
- Team Lead for the Maize Commodity Working Group from September 2021 to April 2024 - Executed and managed the Strategic Maize Reserved, the nation attained it's highest maize production in 2021.
- Showcasing and unveiling of the paddy and maize pyramids across the country, including the CBN/RIFAN Abuja mega Rice Pyramids constructed with about 1,000,000 bags of paddy rice.
- Working with relevant stakeholders in Agric Value Chain towards price stability and reduction in cost of production.
- Nominated as Member of the Nigeria 2023 Food Systems Task Team.
- Worked flexible hours, covering nights, weekends and national holidays, especially during the Covid-19 pandemic.
- Applied critical thinking to analyse problems, evaluate solutions and select best decisions.
Head, Perennial Commodities Office (A/D)
Central Bank of Nigeria
ABUJA, FCT
2020.03 - 2022.01
- Oversee the implementation of the Bank's agric interventions targeted at long gestation crops such as Oil palm and Cocoa.
- Developed plans and strategies to promote continuous improvement in Oil palm value chain via various stakeholder engagements.
- Facilitated credit to some key actors in the Oil Palm and Cocoa value chains.
- Resolved conflicts and negotiated mutually beneficial agreements between parties/stakeholders.
Head, Development Finance Office (P/Mgr)
Central Bank of Nigeria
Asaba, Delta
2018.03 - 2020.03
- Representative of the Director, Development Finance at engagements with the State Government and other Stakeholders.
- Managed teams by overseeing the effective implementation of the Bank's Development Finance activities in Delta State.
- Co-chaired Project Management Team (PMT) of the State window of the Anchor Borrowers' Programme (ABP)
- Monitored the implementation of the Vocational Entrepreneurship Development Centre (VEDC) in Delta State.
- Successfully delivered on tasks within tight deadlines.
Head, Development Finance Office (P/Mgr.)
Central Bank of Nigeria
Benin, Edo
2015.06 - 2018.03
- Representative of the Director, Development Finance at engagements with the State Government and other Stakeholders.
- Managed teams by overseeing the effective implementation of the Bank's Development Finance activities in Edo State.
- Co-chaired Project Management Team (PMT) of the State window of the Anchor Borrowers' Programme (ABP)
- Member of the Edo State MSME Council.
- Successfully delivered on tasks within tight deadlines.
Appraisal Officer, Devt. Finance Office (S/Mgr)
Central Bank of Nigeria
Benin, Edo
2013.03 - 2015.06
- Support the effective implementation of the Bank's Development Finance activities in Edo State.
- Member of the Project Management Team (PMT) of the State window of the Anchor Borrowers' Programme (ABP)
- Member of the Edo State MSME Council.
- Successfully delivered on tasks within tight deadlines..
Desk Officer
Central Bank of Nigeria
Ilorin/Abakaliki., Kwara and Ebonyi States
2004.04 - 2013.03
- Support the effective implementation of the Bank's Development Finance activities at the Branch and State level (Ilorin).
- Served as Secretary to the Branch Controller (Abakaliki).
- Set up and oversaw the Customer Service Unit.
- Superintended over Cheque Clearing Activities.
- Served as Teller and later Head, Teller of the Branch.
- Oversaw Currency Operations as Head, Currency Control Unit.
Education
Master of Business Administration - Business Administration and Management
Obafemi Awolowo University
Ile-Ife, Osun State, Nigeria 2001.04 - 06/2006
Bachelor of Agriculture - Crop Production/Soil Science
University of Agriculture
Makurdi, Benue State, NigeriaDiploma in Microfinance - Microfinance
Ateneo de Manila University
Quezon City, PhillipinesSkills
- Highly organised/Attention to detail
- Teamwork and collaboration
- Conflict resolution
- Customer service
- Computer competencies
- Communications
- Risk Management
- Development Finance
- Loans Administration
- Agriculture & Agric Finance
Languages
English
Fluent
Idoma
Native
Hausa
Upper intermediate
Yoruba
Upper intermediate
Affiliations
- Tennis
- Traveling/Tourism
- Reading
Accomplishments
- Special Promotion For Principal Manager to Assistant Director in 2020 for contribution to taking the country out of recession through increased and improved production of Rice and Maize as Head of the Rice and later Head, Maize value chain in the Central Bank of Nigeria.
- Business Continuity Management Coordinator (BCC) for Development Finance Department
- Several Best Staff of the Month Awards
- Member, Branch Disciplinary Committee (Benin Branch)
- Member, Recruitment and Training Committees (Benin and Abakaliki Branches)
- Secretary, Training Committee of Development Finance Department
Certification
- Certified Expert in Agricultural Finance (CEAF) - Frankfurt School of Finance and Management
- Certified Enterprise Risk Management Professional (CERMP) - The Risk Academy
- Fellow, Chartered Institute of loans and Risk Management (FCILRM)
- ITIL Certification - Foundation Level
References
References available upon request.
Timeline
Associate Head, MSME Credit Division (Dep. Dir.)
Central Bank of Nigeria
2024.01 - 2024.04
Head, Commercial Agriculture Credit Division (D/D)
Central Bank of Nigeria
2023.06 - 2024.01
Associate Head, Retail Agric. Credit Div. (A/D)
Central Bank of Nigeria
2022.01 - 2023.06
Head, Perennial Commodities Office (A/D)
Central Bank of Nigeria
2020.03 - 2022.01
Head, Development Finance Office (P/Mgr)
Central Bank of Nigeria
2018.03 - 2020.03
Head, Development Finance Office (P/Mgr.)
Central Bank of Nigeria
2015.06 - 2018.03
Appraisal Officer, Devt. Finance Office (S/Mgr)
Central Bank of Nigeria
2013.03 - 2015.06
Desk Officer
Central Bank of Nigeria
2004.04 - 2013.03
Master of Business Administration - Business Administration and Management
Obafemi Awolowo University
2001.04 - 06/2006
Bachelor of Agriculture - Crop Production/Soil Science
University of Agriculture
Diploma in Microfinance - Microfinance
Ateneo de Manila University