Management

Jide Ogundare

Chief Executive Officer

Jide Ogundare

Chief Executive Officer

Mr. Jide Ogundare is the founder and managing director of MBO Capital Management Limited (MCM), a private equity firm that invests in small to medium-sized companies in Nigeria and the rest of Anglophone West Africa.

In addition to leading the executive team at MCM, he serves as a director of AfyaCare Nigeria Ltd - a company that invests in healthcare assets, Retail Supermarkets Nigeria Limited (operator of Shoprite stores in Nigeria) and FCSL Asset Management Limited. All three companies are portfolio companies of MCM.

Prior to founding MBO Capital in 2012, Jide was an Executive Director and Head, Retail Banking Division of Guaranty Trust Bank Plc (GTBank), a leading African Bank with Nigerian roots where he worked for 21 years.

His areas of expertise include corporate governance, transaction structuring, policy & procedure development, client & investor relations, and performance improvement.  Jide also serves as chairman of the boards of Eko Development Company Ltd, The Payment Services Company Ltd, Primera Microfinance Bank Ltd, and Fountain Holdings Ltd, as well as a member of the board of Nosak Farm Produce Ltd. He previously served on the boards of GTBank Plc. and GTBank Sierra Leone Ltd.

He holds an MBA from Cardiff Business School and a first degree in Law from School of Oriental and African Studies (SOAS), University of London. Jide was called to the Nigerian Bar in 1987.

Adekunle Adebiyi

Executive Director, Investments

Adekunle Adebiyi

Executive Director, Investments

Adekunle oversees MBO Capital’s investment division. He has over 15 years experience in investment banking, consulting, telecommunications, operations management and private equity.

Prior to joining MBO Capital Management Limited, Adekunle worked at PwC Nigeria as a Corporate Finance Manager, where he provided sell-side and buyside financial advisory. Adekunle previously worked for Access Bank plc, initially as head of private equity in its asset management subsidiary and then as a team lead in the financial markets division. He has also worked in New York at Lehman Brothers as an investment-banking Associate and in London at DHL, a global logistics company. He started his career at Analysys, a UK-based telecommunications consultancy as a research analyst.

Adekunle holds an MBA in Finance from the Kellogg School of Management (Northwestern University) and an MA/MEng in Manufacturing Engineering from the University of Cambridge.

Olubusola Aigbogun

Head, Legal and Compliance

Olubusola Aigbogun

Head, Legal and Compliance

Over 13years experience in Corporate and Commercial law, M&A, Regulatory Compliance and Fund Governance. Former Senior Legal Counsel at Verod Capital Management Ltd, Short Term Consultant at IFC and Counsel at Olaniwun Ajayi LP. 

LL.M, University of Warwick, Investment Operations Certificate (CISI UK), LL.B., University of Lagos. 

Seyon Hunga

Associate, Investments

Seyon Hunga

Associate, Investments

Seyon is an associate in MBO Capital’s investment division. He has over seven years experience in consulting and pension fund management.

Prior to joining MBO Capital Management Limited, Seyon worked at KPMG Nigeria as a senior associate in the Deal Advisory practice where he  provided corporate finance, transaction and financial advisory services.

He also worked as a benefit officer and strategy officer at Trustfund Pensions Ltd, a leading pension fund administrator in Nigeria.

Seyon holds a B.Sc in Biochemistry from the University of Lagos, Affiliate membership of the Association of Chartered Certified  Accountants (ACCA) and is a student member of the CFA institute.

Dare Adeyemo

Associate, Investments

Dare Adeyemo

Associate, Investments

Dare is an associate in MBO Capital’s investment division. He has over four years of experience in investment and finance. ​

Prior to joining MBO Capital Management Limited, Dare worked at Deloitte Nigeria as a financial advisory analyst, where he provided both corporate finance and financial due diligence services. He has also worked as an investment analyst in TY Holdings Limited - an investment holding company with over 63 investee companies. Dare started his career with Rosabon Financial Services, a leading non-banking financial intermediary and equipment leasing firm.

Dare holds a BSc in Accounting from Obafemi Awolowo University, Ile – Ife, an Associate Chartered Accountant (ACA), and a CFA Charter Holder.

Morin Jide-Ibironke

Head, Business Development

Morin Jide-Ibironke

Head, Business Development

Morin possesses over 20 years’ experience in the financial services industry working across different roles in sales, business development, product development and relationship management both locally and internationally. As a business development manager, she is responsible for developing and driving the growth strategy for MBO Capital and its portfolio companies, managing client’s portfolios and providing financial advisory services.

She started her career with the Lead Bank and held roles in Private Banking - sales and business development. She left, to further her studies and worked with HBOS Plc as well as Vodafone Plc whilst based in the United Kingdom. Upon her return to Nigeria, she joined Standard Chartered Bank Plc as an Investment Services / Relationship Officer.

Morin later joined CRC Credit Bureau as a Relationship Officer and rose to become the Head of the Sales and Marketing department before she leaving  to join FBN Capital Limited as the Head Private Banking / High Net-worth Individuals. Before joining MBO Capital, Morin worked in Sterling Bank

Morin  holds an MBA degree from Cardiff Business School UK, and a Bachelors degree in Economics from Olabisi Onabanjo University.

Stellamaris Mordi​

Head, Finance

Stellamaris Mordi​

Head, Finance

Stella has over 12 years of experience in the venture capital and Private Equity industry with application of accounting, financial analysis and modelling, budgeting, forecasting, project management and monitoring, investment evaluation and provision of bookkeeping support to SMEs.  Prior to joining MBO, She worked as a short-term consultant with Present Value an IFC Fund manager with offices in Mauritius, Sierra Leone and Liberia., and as a senior financial analyst at Unique Venture Capital (UVC) (Managers of SMEEIS and West African Venture Fund).

Stella is a Chartered Accountant with the Institute of Chartered Accountants of Nigeria (ICAN), and holds a BSc Statistics, from Ambrose Alli University (AAU), Ekpoma, Edo State.

Ebenezer Awhanjinu

Head, Information Technology

Ebenezer Awhanjinu

Head, Information Technology

Ebenezer oversees the IT Department of the company and has over 10 years' experience in Information technology. 

Prior to joining MBO Capital, Ebenezer worked in the technology division of Guaranty Trust Bank, Plc as an end user support officer, where he provided technical support to over 200 branches across Nigeria. 

Ebenezer holds a BSc in Computer Science & Statistics from the University of Nigeria, Nsukka and he is ITIL Certified.

Tolulope Fasetire

Office Manager

Tolulope Fasetire

Office Manager

Tolu has over four years experience in administrative, customer services and human resources roles. She is a former office administrator at Sterling Virtual Offices, administrative manager and assistant human resource officer at an oil & gas marine services company in Port Harcourt, Nigeria.

She holds a B.A (Hons) in French & International Relations from Osun State University. Tolu is a Member of the Association for Project Management(APM), and a student member of the Chartered Institute of Personnel Management (CIPM).

Josephine Akintade

Accountant, Finance

Josephine Akintade

Accountant, Finance

Josephine joined MBO Capital Management Ltd as an accountant in the Finance department.

She is passionate about Finance and started her career with Zealand Management Consultancy Limited where she performed the role of an accountant before she joined MBO.

With Bsc. in Economics from Obafemi Awolowo University (OAU), Josephine is goal driven, self-motivated and committed. She is a Chartered Accountant and is currently running her Master’s degree programme in Economics at the University of Lagos.

ADENIKE OWOEYE

PA to the CEO

ADENIKE OWOEYE

PA to the CEO

Adenike works as the CEO's Personal Assistant at MCM, where she provides full support so that he may focus on his primary responsibilities and maximize his time and productivity.

'Nike has worked in administrative and customer service roles for over four years. She has worked as a student representative at the University of Lagos, an educator at Phostine Premium School and as a former P.A. at the French Language Center in Uyo.

Adenike graduated from Lagos State Polytechnic with an OND in Mass Communication and a B.A. in Russian Language from the University of Lagos.

Brenda Unuavworho

General Manager (MBO Capital’s Real Estate subsidiary)

Brenda Unuavworho

General Manager (MBO Capital’s Real Estate subsidiary)

Brenda joined Sterling Realties Development Company (MBO Capital’s Real Estate subsidiary) in 2020 and is overseeing the Maiyegun Beach Estate Project among other projects of the company. 

With a background in architecture, and fifteen years post MSc experience, Brenda has spent an active part of her architectural career in design and  project management roles. She started her career at Gothic-len consortium (an architectural firm), and then had a stint at Airtel, before she joined the team at Design Union (an architecture and development firm). 

Brenda has designed several buildings and managed many construction projects including residential (individual and estates), commercial (including several bank branches) and high-rise buildings like the 16-storey EDEN HEIGHTS apartment building in Victoria Island, Lagos.

Board of Directors

Dr. Olufemi A. Lalude

Chairman, Board of Directors

Dr. Olufemi A. Lalude

Chairman, Board of Directors

Dr. Olufemi Lalude serves as the Chairman of MBO Capital Management Limited and is responsible for offering guidance, support, expertise and an objective perspective to the Board on the key matters of strategy, operational management, organisational structure and development, commercial and financial affairs, and risk management.

 

He has a distinguished history of directorships and consulting leadership of various major companies, largely in the petrochemical and engineering sections. He has been a Director of Addax Petroleum & Petrodata Management Services and is Chairman of Crestech Engineering. Dr. Lalude was formerly employed at Shell, beginning with Shell Nigeria (SPDC) in 1970, where he rose to become the Head of the Engineering Technical Services. He moved on to Shell International and led the Worldwide Engineering Liaison and Advisory Group, before moving once again to Shell Nigeria and taking charge of all engineering strategic planning and professional development of engineering staff. He was appointed Director and General Manager of the Western Division of SPDC in 1989 and oversaw the highly active exploration and production activities including technical planning and programme execution along with financial planning and investment.

Harry Tomi Davies

Director

Harry Tomi Davies

Director

Tomi Davies is responsible for offering guidance, support, expertise and an objective perspective to the Board on the key matters of strategy, operational management, organisational structure and development, commercial and financial affairs, and risk management.

With a successful background in blue chip companies in the UK, USA and Africa, Tomi is a recognised expert in the IT-led transformation of businesses.  He is CEO of TVCLabs, a Technology Business Incubation Company based in Lagos, Nigeria and sits on the Boards of Sproxil, Strika Entertainment, TechnoVision Communications and PeoplePrime.

Tomi is a member of the Institute of Directors, the British Computer Society, Genesis Project, the Nigeria British Association, Internet Society and the Project Management Institute.

Theresa Eyamba Nzekwu

Director

Theresa Eyamba Nzekwu

Director

Eyamba Nzekwu is responsible for offering guidance, support, expertise and an objective perspective to the Board on the key matters of strategy, operational management, organisational structure and development, commercial and financial affairs, and risk management.

She is a Chartered Accountant by training and has been responsible for many start-up and transformation programs across both public and private sectors of the Nigerian Economy over the last 28 years of her professional career.

Eyamba served as the Commissioner, Technical Division of Nigeria’s National Pension Commission for two terms before her exit in December 2012. During this time, she was instrumental in the formulation of guidelines for and supervision of the pension industry in Nigeria that enabled the accumulation of N2.6 trillion of pension fund assets under management in the custody of licensed Pension Fund Managers (PFAs). Prior to this she was appointed as one of the pioneer Commissioners of PenCom at its inception.

In 1999, Eyamba was appointed the first female Accountant General of Cross River State in Nigeria. She began her professional accounting career at the London office of PwC.