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First Ally announces the appointment of new group executive directors

Date:

First Ally Capital Limited, an investment banking group, has officially appointed Mrs. Olumayowa Ogunwemimo and Mr. Tolu Osinibi as group executive directors.

In a statement released by the company, it was highlighted that Ogunwemimo has been an essential figure at First Ally Asset Management, the subsidiary of First Ally Capital, since her appointment as managing director in September 2020.

The statement also acknowledged her outstanding leadership, which has played a pivotal role in the growth and success of FAAM (First Ally Asset Management).

As a group executive director, Mrs. Ogunwemimo will continue to lead FAAM while assuming additional responsibilities within the broader Group.

Furthermore, the statement noted that Mr. Tolu Osinibi recently joined First Ally Capital in September 2023, bringing a wealth of experience from the financial sector.

Before joining First Ally, he held the position of managing director and chief executive officer at FSDH Capital Limited, the investment banking and stockbroking subsidiary of FSDH Holding Company Limited.

His professional background also includes serving as managing director/CEO of FCMB Capital Markets Limited and as a director at KPMG Nigeria, where he was responsible for corporate finance advisory services.

The statement underscored Osinibi’s expertise in financial advisory and execution capabilities, reinforcing the capabilities of First Ally.

In response to these appointments, Mr. Olufemi Akinsanya, Chairman of First Ally Capital, expressed enthusiasm, welcoming Tolu to the expanding First Ally team and commending Olumayowa’s transition from leading the rapidly growing asset management division to taking on broader Group responsibilities.

Additionally, Mr. Ebenezer Olufowose, the Group Managing Director and Chief Executive Officer of First Ally Capital, lauded Mayowa as a valuable asset to the company.

He emphasized that with Tolu’s addition to the highly skilled and experienced management team, along with the strengthening of Group and subsidiary boards,

First Ally Capital is well-prepared to fulfill its commitment to delivering outstanding services to clients and capitalizing on new business prospects and opportunities.

 

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