President Bola Tinubu has appointed Mr. Rotimi Akinde and Mrs. Ifeoma Uz’Okpala as Executive Director, Corporate Finance & Risk Management as well as Executive Director, Large Enterprises Directorate respectively to the Bank of Industry (BOI) effective, Monday, August 26, 2024.
Akinde is a finance professional with over 20 years investment and corporate banking experience and an extensive track record covering capital raising , including debt, equities and hybrids.
He is also a corporate finance (mergers & acquisitions, privatisation advisory and project finance) person, a statement by the Head, Public Relations Division, BOI, Theodora Amechi, said.
Prior to joining the bank, he was an Associate Partner, Project & Corporate Finance at the Infrastructure Delivery International (IDI), where he worked on the UKNIAF programme and promoted green finance as well as structured debt solutions for sub-nationals.
He worked previously as the Corporate Finance Advisor at the Nigeria Infrastructure Advisory Facility (NIAF), providing financing initiatives, modelling and funding structures for the infrastructure team, the bank said.
He served within Corporate Banking as the Group Head & Assistant General Manager, Multinationals at UBA Plc, prior to which he was Vice President, Corporate Finance & Advisory at UBA Global Markets, now United Capital.
Akinde, according to the statement, was a Privatisation Adviser & Head, Oil & Gas Team at the Bureau of Public Enterprises (BPE), where he closed on the divestiture and sale of the federal government’s equity interest in 11 oil services companies and achieved the sale of all the federal government’s Liquefied Petroleum Gas (LPG) assets.
He was an Assistant Manager in Lead Bank Plc, within both the Investment and Corporate Banking Groups, it added.
Prior to this he had worked in the financial sector in the United Kingdom as an analyst with Barclays Funds, London.
He also holds a Bachelors degree in Economics from the Obafemi Awolowo University, Ile-Ife; earned a Masters Degree in International Securities, Investment & Banking from the University of Reading, UK and holds an Executive MBA from INSEAD.
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