The Institute
The Chartered Institute of Bankers of Nigeria (CIBN) is the umbrella professional body for bankers in Nigeria.
Professor Pius Deji Olanrewaju, Ph.D,FCIB
President/
Chairman of Council
PROFILE: PROF. OLANREWAJU, PIUS OLADEJI. LLB, (HONS), LL.M, Ph.D., BL, BA, M.SC, FCIB, FIMA, FCMR, APNM, AMNIM, FERP, ACIS.
PROFESSIONAL AND EDUCATION BACKGROUND
Olanrewaju, Pius Oladeji a Professor of Commercial and Banking Law brings to the table almost four decades of experience and expertise that spans across the corporate sector, teaching, and research in academia.
Born on the 25th of November 1959 in Ikere-Ekiti in Ekiti State, South-West, Nigeria. His pursuit of academic excellence took him through Amoye Grammar School, Ikere-Ekiti, Ekiti State from 1972- 1976 after which he studied privately for his A/Levels which he obtained in 1979, with this he was admitted into the University of Ife now known as Obafemi Awolowo University (OAU) where he graduated with a Bachelor of Arts (BA) in Philosophy, 2nd Class Upper Division in 1984.
.After his first degree, he was employed by the then National Bank of Nigeria as a Banking Officer from 1984 – 1985, he moved from banking to join G.O Ola and Co Chartered Accountants, Lagos where he worked from 1985 – 1986 as a Finance / Admin Officer.
In 1987, he returned to the Ivory Tower for his post-graduate studies, obtaining a Master's Degree in Human Resource Management at the University of Lagos, the same year he became an Associate Member of The Nigeria Institute of Management (AMNIM).
His work life continued with a stint at Afprint Nigeria Plc as a Bill Manager from 1989 – 1991, he later became the Operations Manager / Head of Corporate Finance at Security Pacific Finance from 1991- 1993 during his time at the financial services company he added a feather to his nest by becoming an Associate Member of the Chartered Institute of Bankers of Nigeria (ACIBN).
Prof Olanrewaju ended his corporate sector sojourn at the pinnacle as the Chief Executive Officer of Rapid Investments Limited from 1993 – 96 after which a new vista of professional life began in the academia where he became a Lecturer 1 at the Ogun State University now known as Olabisi Onabanjo University on the 29th of November 1996.
Being a Lecturer did not stop him from expanding his frontiers of knowledge and academic horizon as he obtained an LL. B in Law at the Lagos State University in 2004 and went a notch higher in 2006 to add a Master’s in Law (LLM) at the Olabisi Onabanjo University in 2006.
In 2009 a new chapter was opened in his pursuit of lecturing and research as he joined one of Nigeria’s foremost private institutions of higher learning Babcock University where he still lectures to date after 13 years of meritorious service to the Olabisi Onabanjo University.
After conducting original and significant research in Law and Diplomacy, he was awarded a Doctor of Philosophy (Ph.D.) by BABCOCK University signposting his diligence and commitment to research and knowledge in Commercial and Banking Law where he is an erudite Professor.
Regarding the Chartered Institute of Bankers of Nigeria (CIBN), Prof Olanrewaju who is the current President has contributed immensely to the Institute in different capacities such as:
1. Chairman, Banking Certificate Syllabus Development Committee
2. Chairman, CIBN Result Audit Sub-Committee
3. Chairman, Membership Drive Committee, Lagos Branch
4. Chairman, Examination Committee
5. Chairman, CIBN Disciplinary Tribunal
6. Chairman, CIBN Investigation Panel
7. Contribute to knowledge by Co-authoring books like (a) Fundamentals of Finance (1998), (b) Understanding Mortgage Finance (2000) and (c) Legal Framework in Banking (2000)
8. Currently working on a book “Readings in secured credit transactions
He has published articles on Banking, Economy, Finance, and Law in reputable academic and professional journals which can be accessed globally.
Prof. Olanrewaju has authored over twenty (20) Thesis/Dissertation/Books Chapters, authored, and published over sixty-seven (67) journal articles and has also presented over thirty (30) conference papers.
Prof. Olanrewaju is a visionary leader whose objectives and enterprising qualities have earned him a well-deserved place on the board of some notable organizations. He possesses unusual courage and demonstrates resilience in leadership. He is happily married to Mrs. Cecilia Oluremi Olanrewaju, and they are blessed with children.
Mr. Dele Alabi, FCIB
1st Vice President
Dele Alabi has over 28 years of diversified experience in banking, having worked in various areas including Treasury and Financial Institutions, Strategy and Business Development, Corporate Banking, Finance, Controls and Risk Management functions in the Ecobank Group. He also has country supervision and management experience, as the pioneer Managing Director for Ecobank Uganda since inception in January 2009 till August 2011.
He joined Ecobank Nigeria in 1993 and rose to senior management position in the affiliate before his transfer to the group in January 2007. He was a member of the team involved in growing Ecobank franchise in the East and Southern African region between 2007 and 2008. Prior to joining Ecobank Nigeria PLC in 1993, he worked for 5 years in Arthur Andersen & Co (now KPMG Professional Services), an international audit and consulting firm. He is currently the Managing Director for Ecobank Transnational Incorporated (ETI) Specialised Finance Company, Mauritius. Prior to this appointment, he was the Executive Director (Finance and Control) for Ecobank Nigeria, a position he held from September 2011 to December 2016.
Dele holds a First Class Honours degree in Accounting from the University of Ife and an MBA (specializing in Finance) from the University of Lagos. He is an award - winning Chartered Stockbroker (Fellow), Chartered Accountant (Fellow), Chartered Banker (Fellow) and Chartered Tax practitioner (Associate). Dele is the President of the West African Bankers Association (Nigeria Chapter). He is also a member of the Governing Council and the current National Treasurer of the Chartered Institute of Bankers of Nigeria.
Mrs. Mojisola Bakare-Asieru, HCIB, ACIB, FCIB
2nd 2nd Vice President
Mrs. Mojisola Bakare-Asieru is the 2nd Vice President of the Institute. She was elected at the 2024 Annual General Meeting on April 6 and swore-in on Saturday, May 17, 2024. She has a prevalent experience of over 29 years within the Banking Industry in key positions including International Operations; Transaction, and Services; Investment Banker, Operations, Sales, Branch Management, Manufacturing/FMCG, Energy, Telecommunications, Financial Institutions, Coverage, Emerging Corporates, Wealth Management and Multinationals.
She is currently the General Manager, Sterling Bank Plc. Prior to her appointment in 2014 as General Manager/Divisional Head, Corporate Client Coverage and Sales Division which includes Energy group (Upstream, midstream, downstream, Power and Renewable Energy) Manufacturing/FMCG, Telecommunications, Financial Institutions, Coverage, Emerging Corporates, Wealth Management and Multinationals, a group that has evolved maximally under her leadership, she served as Group Head, International Operations and Group Head, Transaction, and Services Group where she Introduced and supervised the implementation of the Bank’s revised local Money Transfer (Equiswift).
Mrs. Bakare-Asieru has operated and collaborated in several capacities while effectively introducing change and recording growth within the many groups that she has interacted with. She was a Treasurer at the defunct Equitorial Trust Bank (now Sterling Bank plc) for years and a pivotal stakeholder in the merger between Equitorial Bank and Sterling Bank. She was also an active member of the interim management team of Sterling Bank where she managed seamlessly; people, processes, & systems integration in a record period of six months.
Mojisola has consistently served the Governing Council Committees in various capacities over the years including Adhoc Committee on the Annual Bankers Dinner as Chairman, Logistic Sub-Committee; Membership Services Committee as Vice-Chairman; Consultative Committee of the Annual Banking and Finance Conference; Capacity Building & Certification Committee and others. She also served various years as a member of organising Committees of Lagos State prestigious Banker’s Nite where she left incredible and an impressive funds for the Branch.
Mrs. Bakare-Asieru is an ethical, disciplined, and strategic leader who holds other critical roles within Sterling Bank Plc. She served as the Chairman of Sterling Disciplinary Committee, a position that she held for over two years. In this role, she propagated the importance of ethics while leading the team to strategically mentor and shape a workforce that is compliant with disciplinary requirements both within the bank and the banking industry at large. She also chaired the Bank’s Service Management Committee where she enabled the Bank to offer exceptional services to the clients and customers.
Mojisola also sits on the Leadership of the Bloom Network to mentor and enable younger female bankers to optimize their banking careers, as with any individual of value, agility, and impact. She is currently serving as the Vice President, Lagos Chamber of Commerce and Industry and a Member, LCCI Membership and Welfare Committee amongst others.
Mrs. Bakare-Asieru is a leader and formidable change enabler of excellence, who is very passionate about two things: mentoring and banking. She attended several local and international programs including Corporate Governance and Board Leadership (Lagos Business School-Pan - Atlantic University); Women Executive Leadership: Business Strategies for Success (The Wharton School-University of Pennsylvania: Leading Organizational Change Program (The Wharton School, University of Pennsylvania).
Mrs. Bakare-Asieru is a Fellow of the Institute; Institute of Credit Administration Nigeria; Chartered Institute of Loans; Risk Management, Nigeria and Enterprise Risk Professional; Chartered Banker, Chartered Institute of Bankers Scotland and also an alumnus of the revered INSEAD Fontainebleau, France and Bangor University Northwales, United Kingdom. She is married into the Asieru-Sweet family.
Dr. Peter Ashade, FCIB
National Treasurer
Peter is a distinguished corporate executive renowned for his expertise in Execution, Business Transformation, Organisational Strategy, and Leadership with an illustrious career in the financial services sector spanning over three and half decades, including over two decades as Chief Executive Officer.
He is currently the Group Chief Executive Officer (GCEO) of United Capital Group, a listed Investment Banking and Financial Services group on the Nigerian Exchange Limited (NGX). Prior to joining United Capital Group, he was the CEO of Africa Prudential Plc between 2006 to 2018 where he led the corporate transformation that resulted in Africa Prudential to become the only investor services company listed on the NGX till date.
Peter holds a BSc in Banking and Finance from Ogun State University (now Olabisi Onabanjo University). an MBA in Marketing from the University of Ife (now Obafemi Awolowo University), and an MSc in Finance from the University of Lagos. He is a Fellow of several prestigious professional bodies including the Chartered Institute of Bankers, the Institute of Chartered Accountants of Nigeria, the Institute of Capital Market Registrars, and the Association of Enterprise Risk Management. He is an associate Chartered Institute of Taxation of Nigeria, an associate of the Chartered Institute of Stockbrokers, and an alumnus of the prestigious Lagos Business School (CEP23) and Global CEO program.
CIBN ACTIVITIES:
A. National
• Member, Governing Council (2019- 2023)
• Vice Chairman, Membership Development & Services Committee (2022 – 2024)
• 2nd Vice Chairman, Membership Development & Services Committee (2020 – 2022)
• Vice Chairman, Membership Development & Services Committee (2018- 2020)
• Member, Sub Committee on Linkage Monitoring Committee (2022- 2024)
• Member, Governing Council (2019- 2023)
• Member, Ad hoc Committee on Annual Bankers Dinner (2022 – 2023)
• Member, Sub Committee on Linkage Monitoring Committee (2018- 2020)
• Member, Ad hoc Committee on Annual Bankers Dinner 2020
• Member, Ad hoc Committee on Annual Bankers Dinner 2016 & 2017
• Member of Consultative Committee, 5th Annual Banking and Finance Conference 2011.
Lagos State Branch
• Chairman, 2019 - 2023, (CIBN Lagos, best branch for four consecutive years)
• 1st Vice Chairman (2017-2019)
• 2nd Vice Chairman (2015-2017)
• Treasurer (2010 -2014)
• Financial Secretary (2008-2010)
• Assistant Financial Secretary (2006 – 2008)
• Member, Finance & Investment Sub-Committee (2004-2006)
Peter is a life member of the Institute, qualified in 1995, inducted as an Associate in 1996, fellowship investiture in 2009. He is a member of the Institute of Directors and sits on the board of several organizations. He is currently the National treasurer of the Chartered Institute of Bankers of Nigeria, the position he was elected, on the 17th May, 2024. He is a governing Council member of the LAGACY Team, year 2024-2026.
Akin Morakinyo, HCIB
Registrar/
Chief Executive
Directorate of Capacity Building, Certification and Standards
Dr. Uche Messiah Olowu, FCIB
President/Chairman of Council
Dr. Uche Messiah Olowu, was elected as the 1st Vice President of the Institute on May 14, 2016 having served as 2nd Vice President, 2014-2016 and as National Treasurer for two consecutive terms from 2010 – 2012 and 2012 – 2014. Dr. Olowu has served the Institute in other areas such as: Chairman, Finance and General Purposes Committee, 2010 - 2012; Member, Staff Restructuring Committee, the Chartered Institute of Bankers of Nigeria, 2011; Vice Chairman, CIBN Port Harcourt Branch 1988; Vice Chairman, CIBN Local Organizing Committee on Bankers Conference, 1999; Chairman, CIBN Port Harcourt Branch, 2000 – 2008; Member, CIBN Council Ad – hoc Committee on AGM/Elections, 2002; Member, CIBN Governing Council, 2002 – 2004; Member, CIBN Membership and Branch Development Committee, 2002 – 2004 ; and Member, CIBN Education Committee, 2004 – 2006.
He also led Council Delegation for the Reactivation of Umuahia, Owerri, Yenagoa and Eket Branches and Coordinated University of Port Harcourt Linkage Programme. He was a Lecturer, CIBN Port Harcourt Examination Center.
Dr. Olowu who is a Fellow of the Institute has a Masters in Business Administration (MBA) degree in Management from Rivers State University of Science & Technology (RUST), Port Harcourt, where he additionally capped it with a Doctorate of Philosophy degree (Ph. D) in Management - Organisational Behaviour. His research interest is focused on Leadership Effectiveness in the Workplace.
His flourishing career started from 1985 in the United Bank for Africa Plc, where he rose to become Manager, Corporate Banking (Energy South) in 1999. He joined Equitorial Trust Bank Ltd in 2000 as Senior Relationship Manager before crossing over to Fountain Trust Bank Plc for the post of Senior Relationship Manager and was promoted Assistant General Manager, South, in 2005, a position he held until he pitched his tent once again with UBA Plc in 2006 as Head Energy, Corporate & Energy Desk, South Bank. In 2008, he left the service of UBA for Union Bank of Nigeria Plc as an Assistant General Manager, Energy, Oil and Gas, Corporate Banking Desk. Dr. Uche Olowu is at present, a Deputy General Manager/Group Head, Upstream, Oil services of the bank’s Energy Desk.
Dr. Uche Olowu is at present, a Deputy General Manager/Group Head, Upstream, Oil services of the bank’s Energy Desk and serves on the Governing Council of Rivers State University of Science & Technology, Port Harcourt.
Dr. Olowu has attended several top leadership and management courses both within and outside the country.
He is happily married with children.
Dr. Bayo Olugbemi, FCIB
1st Vice President
Dr. Bayo Williams Olugbemi was elected to the post of a 2nd Vice President at the Institute’s Annual General Meeting held on May 14, 2016.
Prior to his election, he had served the Institute as the National Treasurer, 2014-2016, and at the public and private sectors in various capacities. For instance, he was a Member, CIBN Corporate & Public Affairs Committee, 2000 -2005; Member, SEC Capital Markets Committee, 1996 to date; 1st Vice President, Institute of Capital Market Registrars, 2000 – 2011; Member, Securities and Exchange Commission (SEC) Administrative Proceedings Committee, 2000 – 2003 & 2012-Date, Examiner, Nigerian Stock Exchange (NSE) Annual National Essay Competition, 2002 -2009;Member, NSE Investigation and Disciplinary Committee, 2004-2007; 2nd Vice Chairman, CIBN Lagos State Branch, 2004 – 2006; 1st Vice Chairman, CIBN Lagos State Branch, 2006-2008; Chairman, CIBN Lagos State Branch, 2008-2012; Member, Institute of Directors (IOD), Finance & General Purpose Committee, 2004 – 2007; Member, Governing Council, Chartered Institute of Bankers of Nigeria, 2007 – date; Chairman, Membership Services Committee, CIBN, 2008-May 2014; Deputy Chairman, SEC Technical Committee on Registrars Infrastructure & Operations, 2008 – 2009; Member, SEC/CMC Rules & Compliance Committee, 2006-Date; Vice Chairman, SEC Committee on Dematerialization, 2008-Date; Chairman, Committee of MD/CEOs of Capital Market Registrars, 2005-Date; Council Member, Lagos Chamber Of Commerce & Industry, April 2014-Date. President, Jericho Businessmen Club, Ibadan, April 2014-Date. National General Secretary, Eyinni High School, Ibadan Old Students Association, 2000-Date.
Dr. Olugbemi who is at present, the Managing Director/CEO of First Registrars & Investors Services Limited and President/Chairman of Council of Institute of Capital Market Registrars, has put in about 32 years in active banking and financial services, professional knowledge and skills. He is currently on the Board of Directors of Central Securities Clearing Systems Plc, CIBN Press Ltd, Attwool Schools Limited and Redemption Gate International School.
He holds Masters degree in Corporate Governance and Ethics (M. Sc) from Leeds Metropolitan University, UK; Masters in International Business Management (MBA) from Lagos State University, Ojo-Lagos; and B. Sc. Accounting from The University of Lagos, Akoka, Yaba, Lagos. He is an Alumnus of many prestigious Business Schools such as Harvard Business School (AMP 179); Wharton Business School, USA; Stanford Business School, USA; Institute of Management Development, Switzerland; INSEAD, Singapore, Euro Money Capital Market Training and Lagos Business School (CEP 11) among others. He is a Fellow of the Chartered Institute of Bankers of Nigeria and many other professional bodies.
Dr. Bayo Olugbemi is a seasoned Speaker at conferences on Banking, Investment, Capital Formation, Risk Management, Leadership, Corporate Governance & Ethics. He is an Inspirational and Motivational speaker of repute. He is also a Senior Pastor of The Redeemed Christian Church of God (Assistant Pastor In Charge Of Province- CSR) and happily married with children.
Mr. Opara Ken Onyewuchi, FCIB
2nd Vice President
Mr. Ken Opara was elected to the post of a National Treasurer at the Institute’s Annual General Meeting held on May 14, 2016.
Prior to his election, he had served the Institute at the public and private sectors in various capacities. For instance, he was a Member, CIBN Lagos Branch Bankers Nite Organizing Committee (2012); Member, Consultative Committee Annual Banking & Finance Conference (2012 - 2013); Member, Executive Committee, Lagos State Branch (2012 – to date); Member, Governing Council (2012 – 2016); Vice Chairman, Annual Bankers Dinner (2014); Vice Chairman, Membership Development and Services Committee (2014 – to date); Member, Audit Committee (2015); Member, Investigating Panel (2015); Vice Chairman, Annual Bankers Dinner (2015); Member, Sub-Committee on Linkage Programme (2015); Lecturer, Law, Ethics & Corporate Governance (1999 – 2011);Instrumental to having the highest number of staff that attended CIBN training programmes from Fidelity Bank Plc (2014);Facilitated more than 30 Senior Management Staff registration as HCIBs;Enhanced Fidelity Bank Plc approval of automatic second level position for fresh ACIB holders;Mobilized Members in Fidelity Bank Plc to attend Institute’s Programmes.
Mr. Opara is at present General Manager, Fidelity Bank Plc.
Mr. Ken Opara holds Masters degree in Banking & Finance (MBA); and B. Sc. Finance. He is a Fellow of the Chartered Institute of Bankers of Nigeria and many other professional bodies.
Prof. Pius Olarewanju, FCIB
National Treasurer
LLB, (HONS), LL.M, PhD, BL, BA, M.SC, FCIB, FIMA, FCMR, APNM, AMNIM, FERP,
Prof. Olanrewaju is a thorough bred professional and seasoned academic. He belongs to many professional bodies among which is the Chartered Institute of Bankers of Nigeria (CIBN). He is a fellow of (CIBN), a fellow of Institute of Capital Market Registrars, a fellow of Institute of Management and Administrative Technology and a fellow of the Enterprise Risk Management Professionals. He is currently a Council member of CIBN and Chairman of Capacity Building and Certification of the Institute with over 25 years of continuous service to our great Institute. He Co-Authored several books and Articles in Learned Journals.
His career had transversed the economy for the past 30 (thirty) years from banking, legal consultancy, management and academic. He is well nurtured in Banking and Commercial Law. Prof. Olanrewaju is a professor of banking Law in Babcock University. He is currently the Provost/Dean of Law in the School of Law and Security Studies, Babcock University, Ilisan.
Mr. Akin Morakinyo, HCIB.
Registrar/Chief Executive
Mr. Segun Shonubi
Group Head, Capacity Building & Certification Division.
Mr. Segun Shonubi attended University of Ibadan where he obtained a Master’s degree in Managerial Psychology, in 2000. He had earlier obtained a degree in Mass Communication and a Professional Diploma from Nigerian Institute of Public Relations. Mr. Segun Shonubi, a versatile and resourceful Manager, who prior to his promotion was the Assistant Director/Head, Membership Services, is expected to use his wealth of knowledge and communication skills to enhance the service delivery to members of the Institute.
Other positions he has held in the Institute include - Senior Manager, Membership, 2006 – 2010 ; Head, Human Resources and Administration, 2003 – 2006; Head, Corporate Affairs, 2000 – 2003; Public Relations Officer, 1996 – 1999 and Executive Assistant to the Registrar/CE, 1993 – 1996. Prior to his joining the services of the Institute, Mr. Segun Shonubi was a Staff writer with Resolute Magazine (an oil and gas publication), 1991 – 1992 and was a Staff Reporter with New Nigerian Newspaper, 1989 – 1991. Mr. Shonubi is an Associate members of some professional bodies including Advertising Practitioners Council of Nigeria (APCON), Nigerian Institute of Public Relations (NIPR) and Association of Corporate Affairs Managers of Banks (ACAMB).
Mr. Babatunde Apena
Group Head CCPD & E-learning / Learning & Development
Mr. Babatunde Apena's info is needed please!
Until his current position as a Group Head, Mr. Anyanwu who would have the opportunity of improving the fortunes of the Institute, was the Principal Manager, Finance, Human Resources and Administration, 2011 – 2012; Senior Manager, Membership/Zonal Co-ordinator, East, 2007- 2011; Manager, Ethics & Professionalism Unit, 2002 – 2007; Audit Manager, Ndukwu Eke & Co.
(Chartered Accountants), Port Harcourt 2000 – 2002 and Assistant Branch Manager, Nigerian-American Merchant Bank Ltd. Port Harcourt Branch 1993-1998.
Mrs. Rita Adeyanju
Head Legal & Council Affairs / Int'l Affiliations
Mrs. Rita Adeyanju's info is needed please!
Until his current position as a Group Head, Mr. Anyanwu who would have the opportunity of improving the fortunes of the Institute, was the Principal Manager, Finance, Human Resources and Administration, 2011 – 2012; Senior Manager, Membership/Zonal Co-ordinator, East, 2007- 2011; Manager, Ethics & Professionalism Unit, 2002 – 2007; Audit Manager, Ndukwu Eke & Co.
(Chartered Accountants), Port Harcourt 2000 – 2002 and Assistant Branch Manager, Nigerian-American Merchant Bank Ltd. Port Harcourt Branch 1993-1998.