Our Directors
Olufemi A. Akinsanya
Chairman
Mr Olufemi Akinsanya is the Chairman of First Ally Capital Limited. He holds a degree in Economics from the University of Lagos and a Master of Business Administration from Ahmadu Bello University, where he graduated at the top of his class in 1979. A Chartered Accountant, Mr Akinsanya began his career at Arthur Andersen & Co. and later transitioned into merchant and investment banking at First City Merchant Bank, where he rose to the position of General Manager and Head of Corporate Finance.
Ebenezer Olufowose
Group Managing Director/CEO
Ebenezer Olufowose is Co-Founder and Group Managing Director/CEO of First Ally Capital Limited. Prior to setting up First Ally Capital, he was Executive Director at Access Bank Plc, and before then, Director with Citigroup where he led Citigroup’s origination, structuring and execution of corporate finance and investment banking transactions in Nigeria. He was appointed to the Board of First Bank of Nigeria Limited in April 2021 and became Chairman of the Board of Directors of the Bank in May 2024. ​
He started his banking career in 1985 at NAL Merchant Bank Plc (NAL) where he worked in the Corporate Planning and Corporate Finance Departments. He also held other strategic positions in First City Merchant Bank (FCMB) and Guaranty Trust Bank Plc (GTBank). ​
Olumayowa Ogunwemimo
Deputy Group Managing Director
Mrs Olumayowa Ogunwemimo serves as Deputy Group Managing Director of First Ally Capital and Managing Director of First Ally Asset Management Limited (FAAM). She joined FAAM in 2020, bringing over two decades of expertise in asset management, financial planning, and investment advisory. Her visionary leadership has driven significant growth, positioning FAAM as a leading player in Nigeria’s asset management space.
Kayode Abobarin
Executive Director, Finance & IT
Mr Kayode Abobarin is the Executive Director, Finance & IT, at First Ally Capital. A seasoned professional accountant, he joined First Ally in 2014 as Head of Finance and has since played a key role in shaping the group’s financial strategy and operational framework. His expertise in financial control, treasury, and strategic investments has been instrumental in the company’s continued success.
Funsho Kupolokun
Group Non-Executive Director
Engr Funsho Kupolokun is a Director at First Ally Capital, bringing decades of experience from Nigeria’s oil and gas sector. A graduate of Mechanical Engineering from the University of Lagos and recipient of an honorary doctorate from the University of Agriculture, Makurdi, he has held pivotal roles, including Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).
Biodun Arokodare
Group Non-Executive Director
Dr Biodun Arokodare is a Director at First Ally Capital with a distinguished career spanning banking, accounting, and financial management. A graduate of the University of Nigeria, Nsukka, he holds an MBA in Management and Finance from the University of Lagos and a PhD in Strategic Management from Babcock University.
Ayoola Oduntan
Group Non-Executive Director
Dr Ayoola Oduntan is a Director at First Ally Capital and a leading figure in Nigeria’s agribusiness sector. With over 30 years of experience, he serves as the Group Managing Director of Amo Group, which serves the Animal Protein Industry in Frozen chicken,Beef, Day-Old Chicks,Feed,Veterinary Pharmaceuticals, and Consulting. He has been instrumental in advancing agricultural practices and driving food security initiatives in Nigeria.
Obeahon Ohiwerei
Group Non-Executive Director
Dr Obeahon Ohiwerei is a Director at First Ally Capital, bringing over three decades of expertise in banking and financial services. He has held numerous executive positions, including Group Managing Director of Keystone Bank and Co-Founder of First Ally Capital Limited. His strategic leadership has been instrumental in transforming organisations and driving sustainable growth.
Sadiku Rafindadi
Group Independent Non-Executive Director
Mr Sadiku Abdulkadir Rafindadi is a Director at First Ally Capital with a distinguished career spanning public and private sectors. As former Director of Commercial and Business Development at the Federal Airports Authority of Nigeria (FAAN), he led initiatives that significantly increased revenue generation across Nigeria’s commercial airports.