Management Team
Olubusayo Adeniyi
Olubusayo Adeniyi |
Olubusayo Adeniyi |
CEO & MD, |
Cedrus Trustees
Olubusayo is a superbly qualified and result-oriented professional with over 33 years’ extensive experience in positions of remarkably increasing responsibilities and duties. He has an impressive track record of successful accomplishments in managing company operations, finances, business development, strategic planning and high-level relationship management.
He possesses excellent knowledge of the financial market, consistently able to deftly meet and exceed stakeholder goals and expectations. Prior to his role as Chief Executive Officer of Cedrus Group, he was the Managing Director/Chief Executive Officer of EAC Trustees, a subsidiary of the Emerging Africa Capital Group. He was pivotal to the commencement of business operations of the group, playing a critical role in building the team from scratch, developing the strategic direction of the business and supporting the group CEO for the organization’s enterprise risk management and compliance.
Olubusayo has attained other major milestones across several other roles in reputable financial firms prior to EAC Trustees. He was Director, Trust Services at United Capital Trustees and prior to that Head, South-West Region & Corporates for the same Trust business. Before then, he held positions such as Chief Operating Officer UBA Trustees/ Global Investor Services, Chief Financial Officer Springboard Trust & Investment Group as well as Assistant General Manager at Stanbic IBTC Stockbrokers and Stanbic IBTC Asset Management respectively. Some significant milestones in his career trajectory include several company and group awards for excellence, enterprise, driving growth and profitability, compliance, strategic use of technology and innovation in deal origination and execution.
He holds a first degree in Accounting from Ambrose Alli University and an MBA from Manchester Business School UK. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Associate Member of Chartered Institute of Taxation of Nigeria (CITN), Fellow & Council Member, Association of Investment Advisors & Portfolio Managers (IAPM) and is a Council Member, Association of Corporate & Individual Investment Advisors (CIIA).
CEO
Michael Showunmi
Michael Showunmi |
Michael Showunmi |
Executive Director, Northern Region
Michael Showunmi is the Executive Director of Cedrus Group. He is a professional in Asset Management with a touch of class in Investment Banking with over 19 years’ experience 
covering Portfolio Management, Relationship Management, Business Intelligence and Business Development.
Michael holds a first degree in Political Science from Olabisi Onabanjo University, an MBA from Obafemi Awolowo University (OAU), and he is an alumnus of Lagos Business School (SMP).
He is a Fellow Institute of Credit Administration (FICA), An Associate of Chartered Institute of Investment Advisers and Portfolio (CIIA).
Prior to joining Cedrus Financial Services Group as an Executive Director, he was the Deputy Regional Director (Northern Region) with United Capital Plc.
Executive Director
Busola I. Ogbonna
Busola Ifeoma Ogbonna |
Busola Ifeoma Ogbonna |
MD, Cedrus Capital Limited
Ifeoma is a Fellow of the Chartered Institute of Stockbrokers (CIS) and an Associate
of the Chartered Institute of Securities and Investment (CISI), UK. She holds a
bachelor’s degree and master’s degree in business administration from Lagos State
University with over 15 years cognate experience which cut across Advisory,
Research, Securities Trading, Proprietary Trading, Portfolio Management and
Investment Banking.
Prior to joining Cedrus Capital Limited as the Managing Director responsible for the
Advisory and Issuing House business; she was the MD/CEO at ARM Securities Ltd
having responsibility for Strategy, Leadership, Product development and Client
management.
She previously worked as Head of Fixed income Trading, Strategy and Business
development at CLG Securities. She has also managed the Equity and Research
desk of Dynamic Portfolio Limited and AIICO Pension Managers respectively.
Ifeoma facilitates for the Nigerian Exchange Group (NGX) and the Chartered
Institute of Stockbrokers (CIS) in Derivative Valuation and Analysis amongst others
and has tutored and churned out over 200 Chartered Stockbrokers.
MD, Cedrus Capital Limited
Monisola Folorunsho
Monisola Folorunsho |
Monisola Folorunsho |
Chief Operating Officer
Monisola, joined the service of Cedrus Group Africa in August 2023 as the Chief Operating
Officer. She is an Associate of the Chartered Institute for Securities and Investment (CISI UK)
and the Compliance Institute of Nigeria. She is a CFA Investment Foundation Certificate holder
and holds a Certified in Risk Management & Compliance Management Professional by OCEG
and IARCP.
She has over 30 years of work experience covering Audit and Financial Services. She started
her career in June 1993 as an Audit staff at Olabisi Fayombo and Co (A Chartered Accounting
Firm). She Joined UTB Trustees Limited in February 2000 as a Finance & Admin Officer and
was transferred to Union Trustees Limited (now known as UTL Trust Management Services
Limited) where she worked as a Client relationship management, Head, Risk Management &
Compliance amongst others.
She is a faculty member of the Association of Investments & Portfolio Managers.
She has attended many courses both within and outside the country with institutions including
Lagos Business School (LBS), Euromoney, University of South Africa etc.
Monisola holds a Higher National Diploma in Banking and Finance from Kwara State
Polytechnic, Ilorin and MBA in International Business from the Lincoln University, Oakland.
Chief Operating Officer
Adekola Aluko
Adekola Aluko|
Adekola Aluko|
Chief Financial Officer
Adekola Aluko is an accomplished finance professional with over 13 years of experience in
Corporate Reporting, Financial Management, Strategic Planning, Operations, Business
Management and Strategy. His extensive career spans multiple industries, including Media and
Public Relations, Financial Services, and the Construction sector, where he has held key
finance roles.
His financial acumen was honed through a range of previous positions, including Group
Financial Controller at Emerging Africa Group, Finance Lead at Plaqad Limited (a subsidiary of
Blackhouse Media Group), Treasury Accountant at DCC (a non-profit organization), and
Financial Accountant at Shophar Nigeria Ltd.
Adekola holds a Mini-MBA from Tekedia Business School in Boston and B.Sc in Accounting and
Finance from the University of Ado Ekiti. He is an Associate Member of the Institute of
Chartered Accountants of Nigeria (ICAN).
Chief Financial Officer
Adepeju Banjoko
Adepeju Banjoko |
Adepeju Banjoko |
Head, Human Capital Management
Adepeju Banjoko is the Group Head, Human Capital Management at Cedrus Group Africa.
Adepeju holds B.A (Ed) English education and Master of Industrial & Labour Relations (MILR)
from University of Lagos.
Adepeju holds B.A (Ed) English education and Master of Industrial & Labour Relations (MILR)
from University of Lagos.
She holds certifications in Human Resources – Senior Professional
Human Resources International (SPHRi), Full member, Chartered Institute of Personnel Mgt of
Nigeria (MCIPM) and professional Diploma in Human Resource Management (CIPMN)
Human Resources International (SPHRi), Full member, Chartered Institute of Personnel Mgt of
Nigeria (MCIPM) and professional Diploma in Human Resource Management (CIPMN)
Before joining Cedrus Group Africa, she worked with the Lagos State Signage and
Advertisement Agency (LASAA) for over 17 years and left as HR Business Partner, Manpower
Planning and Recruitment
Advertisement Agency (LASAA) for over 17 years and left as HR Business Partner, Manpower
Planning and Recruitment
Head, Human Capital Management
Mojetoluwa Adegoke
Mojetoluwa Adegoke|
Mojetoluwa Adegoke|
Legal Officer
Mojetoluwa holds a Bachelor of Law (LLB) from the University of Ibadan and a B.L
from the Nigerian Law School. She is also a member of the Nigerian Bar
Association. While in the University of Ibadan, Mojetoluwa volunteered to handled
cases involving discrimination, abuse, and oppression against women and children
at the Women's Law Clinic (Ibadan Chapter).
Prior to joining Cedrus Group Africa, Mojetoluwa worked as the Legal/Compliance
officer with Lagos Commodities and Futures Exchange and acted as the assistant
Company Secretary.
She is a member of the Institute of Chartered Secretaries and Administrators of
Nigeria (ICSAN).
Legal Officer
Modupe Areola
Modupe Areola |
Modupe Areola |
TL, Business Assurance & Compliance
Modupe holds MBA in Human Resources from Lagos State University and Higher
National Diploma (HND) in Accounting from Federal Polytechnic Offa. She is an
Associate of the Institute of Capital Market Registrars (ICMR) and with a career
spanning of over a decade in PAC Registrars where she served as Compliance
Officer and Head of Operations.
She attended College of Economic and Management Science, University of South
Africa (UNISA) and training on various aspect of Enterprise Risk Management
(ERM) & Compliance, share registration, customer service and relationship
management. She has strong competence in Compliance, investors Relations,
Enterprise Risk Management (ERM) and share registration.
Modupe is an associate member of Chartered Institute of Personnel Management.
GH, Business Assurance & Compliance
Bassey Ekpenyong
Bassey Ekpenyong |
Bassey Ekpenyong |
Marketing & Corporate Communication
Bassey has over 17 years of work experience in the Capital Market and Bank Branch
Operations. He has extensive competence in Business Operations, Project
Management, Customer Service, Human Resource and Compliance.
Before his current role in Cedrus Group Africa, he worked with Stanbic IBTC Group
where he served as Head, Business Operation of the Stockbroking firm and later
Manager, International Banking Operations.
He was responsible for the maiden
implementation of digital transformation of Document Management System and
Mobile App of the stockbroking firm. He also pioneered the seamless process of the
Federal Government Savings bond.
Bassey holds a bachelor’s degree in accounting from Olabisi Onabanjo University
(OOU) and an MBA from LAUTECH. He holds professional certificates of ICAN
Associate of Accounting Technicians (AAT) and AERMP – Associate Enterprise Risk
Management Professional.
Marketing & Corporate Communication
