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).
Chief Executive Officer
Michael Showunmi
Michael Showunmi |
Michael Showunmi |
Group 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.
Group Executive Director
Oladele Akinjo
Oladele Akinjo |
Oladele Akinjo |
Group Executive Director
Oladele Akinjo is a seasoned investment banker with close to 15 years of experience that spans across Infrastructure Fund, Project Finance, Capital Markets, Asset Management and Advisory.
Until recently, he was the Chief Investment Officer at Coronation Asset Management where he was responsible for launching a N200 billion Infrastructure Fund Project.
Prior to this, he was the Head of Financial Planning, Africa, for American Towers – a global Telecoms Infrastructure Company covering six African Markets. He was also the pioneer Head of Investment Banking at Emerging Africa Capital. He also worked at the Saudi Aramco
Oladele holds a B.Sc. in Economics (First Class) and an Executive MBA from the Prestigious HEC Paris. He is also an Associate Member of the Institute of Chartered
Accountants of Nigeria.
Accountants of Nigeria.
Group Executive Director
Monisola Folorunsho
Monisola Folorunsho |
Monisola Folorunsho |
Chief Operating Officer
Monisola, is an Associate of the Chartered Institute for Securities and Investment
(CISI UK) and the Compliance Institute of Nigeria. She is also CFA Investment
Foundation Certificate Holder. She is a Certified Risk Management & Compliance
Management Professional both by OCEG and IARCP.
(CISI UK) and the Compliance Institute of Nigeria. She is also CFA Investment
Foundation Certificate Holder. She is a Certified Risk Management & Compliance
Management Professional both by OCEG and IARCP.
She has over 30 years 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 worked there till May 2006 when her service was transferred to Union Trustees Limited (Now known as UTL Trust Management Services Limited). She left the services of UTL in May 2023 after 17 years. Her role in the Company included Client relationship management, Head, Risk Management & Compliance amongst others.
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 worked there till May 2006 when her service was transferred to Union Trustees Limited (Now known as UTL Trust Management Services Limited). She left the services of UTL in May 2023 after 17 years. Her role in the Company included 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.
institutions including Lagos Business School (LBS), Euromoney, University of South
Africa etc.
Monisola holds a Higher National Diploma in Banking and Finance from the Kwara
State Polytechnic, Ilorin. An MBA in International Business from the Lincoln
University, Oakland.
State Polytechnic, Ilorin. An MBA in International Business from the Lincoln
University, Oakland.
Chief Operating Officer
Tadeni Balogun
Tadeni Balogun |
Tadeni Balogun |
Group Company Secretary / Director, Legal & Resources
Tadeni Balogun is the Group Company Secretary and Director, Legal &
Resources at Cedrus Group Africa Limited. She is an experienced Corporate
Commercial Lawyer, Governance Professional, and Legal and Trust Advisor with
over 21 years of post-qualification experience with core competencies spanning
legal advisory, trust administration, capital markets, Estate Planning, Business
Development, Stakeholder Engagement, Policy Development and Workplace
Risk Mitigation.
Before joining Cedrus Group Africa, Tadeni held key leadership positions across
prominent organizations. She served as Company Secretary and Head of Legal
at IBILE Holdings Limited, the investment company of the Lagos State
Government, and as Company Secretary at Nestoil Limited, a foremost
indigenous oil and gas company in Nigeria.
prominent organizations. She served as Company Secretary and Head of Legal
at IBILE Holdings Limited, the investment company of the Lagos State
Government, and as Company Secretary at Nestoil Limited, a foremost
indigenous oil and gas company in Nigeria.
She was also the pioneer Managing Director of a Trust Company, where she successfully led the execution and administration of complex, regulated capital
market transactions, including Subnational Bonds, Corporate Bonds, and Collective Investment Schemes.
Earlier in her career, Tadeni was Head of Public Trust at United Capital Trustees Limited, where she oversaw trust mandates valued at over ₦5 trillion, covering capital market and real estate transactions. Her tenure also included strategic roles as Head of Legal Services and Head of Collective Investment Schemes.
Tadeni holds a Bachelor of Laws (LL.B) degree from Obafemi Awolowo University and a Master of Laws (LL.M) from the University of Jos. She has also completed executive education at the Singapore Management University, where
she earned an Executive Certificate, and has undertaken several advanced legal and business training programs to further deepen her professional capabilities.
She is a Chartered Secretary and a member of several professional bodies, including the Nigerian Bar Association, the Young Directors’ Forum of the Chartered Institute of Directors (YDF-cIOD), the International Federation of
Women Lawyers (FIDA) and Fellow, Association of Investment Advisers and Portfolio Managers (IAPM).
In her role, she provides expert counsel to the Board and executive management
on legal strategy, risk management, revenue protection, and the implementation of robust governance frameworks.
market transactions, including Subnational Bonds, Corporate Bonds, and Collective Investment Schemes.
Earlier in her career, Tadeni was Head of Public Trust at United Capital Trustees Limited, where she oversaw trust mandates valued at over ₦5 trillion, covering capital market and real estate transactions. Her tenure also included strategic roles as Head of Legal Services and Head of Collective Investment Schemes.
Tadeni holds a Bachelor of Laws (LL.B) degree from Obafemi Awolowo University and a Master of Laws (LL.M) from the University of Jos. She has also completed executive education at the Singapore Management University, where
she earned an Executive Certificate, and has undertaken several advanced legal and business training programs to further deepen her professional capabilities.
She is a Chartered Secretary and a member of several professional bodies, including the Nigerian Bar Association, the Young Directors’ Forum of the Chartered Institute of Directors (YDF-cIOD), the International Federation of
Women Lawyers (FIDA) and Fellow, Association of Investment Advisers and Portfolio Managers (IAPM).
In her role, she provides expert counsel to the Board and executive management
on legal strategy, risk management, revenue protection, and the implementation of robust governance frameworks.
Group Company Secretary / Director, Legal & Resources
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.
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.
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).
Finance from the University of Ado Ekiti. He is an Associate Member of the Institute of
Chartered Accountants of Nigeria (ICAN).
Chief Financial Officer
Akinbamiji Akinpelu
Akinbamiji Akinpelu |
Akinbamiji Akinpelu |
MD, CMFB
Akinbamiji is a seasoned professional with a strong background and rich experience in finance, leadership, and strategic management.
Akinbamiji has a proven track record of driving growth and innovation in the financial sector. He is dedicated to advancing financial inclusion and empowering communities through sustainable banking practices.
Akinbamiji brings on board 20 years of experience in the financial industry, with a focus on microfinance and inclusive banking. Prior to joining Cedrus Africa SME, he was the Managing Director at Imowo Microfinance Bank until February 2024, while with Imowo, he led the bank’s efforts to increase the customer base to over 100%, increase revenue by 500%, and reduce non-performing loans from 27% to 6% within three years. He also served meritoriously in reputable financial institutions such as Standard Trust Bank, United Bank for Africa Plc, Intercontinental Bank, Stanbic IBTC, etc. As a Branch manager at Advans La Fayette Microfinance Bank, he played a pivotal role in expanding market reach, developing innovative products, and enhancing customer satisfaction.
Akinbamiji is known for his visionary leadership and strategic acumen; he leads by example and fosters a culture of collaboration and excellence within the organization. He is adept at building high-performing teams, setting clear goals, and inspiring teams to achieve their full potential.
He holds an HND in Estate Management from Osun State College of Technology, a master’s degree in business administration from Ladoke Akintola University of Technology. He is a Certified Microfinance Banker (MCIB) and an Associate Member Chartered Institute of Bankers of Nigeria (ACIB). He has attended several top management trainings programs.
He holds an HND in Estate Management from Osun State College of Technology, a master’s degree in business administration from Ladoke Akintola University of Technology. He is a Certified Microfinance Banker (MCIB) and an Associate Member Chartered Institute of Bankers of Nigeria (ACIB). He has attended several top management trainings programs.
MD, CMFB
Modupe Areola
Modupe Areola |
Modupe Areola |
Head, 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 a Fellow 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 a Fellow member of Institute of Capital Market Registar and Fellow member of Association of Enterprise Risk Management.
Head, Group Compliance & Risk
Victor Damilola Omotayo
Victor Damilola Omotayo |
Victor Damilola Omotayo |
Head, Group Treasury
Victor Damilola Omotayo is a seasoned investment professional and the Head, Group Treasury at Cedrus Group Africa. With over 18 years of experience, he possesses deep expertise in treasury management, financial analysis, settlement operations, and fund management.
His career spans diverse industries, including Insurance, Transportation, and Financial Services. He began at Presidential Insurance Plc, developing strong risk management skills, and later served as Fleet/Account Manager at Crane Logistics Ltd, overseeing logistics and account operations.
In 2013, Victor joined United Capital Plc, where he rose through various positions, ultimately serving as Team Lead, Treasury Operations and Settlement until 2025.
He holds an HND in Business Administration from Osun State Polytechnic, Iree; a B.Sc. in Economics from Joseph Ayo Babalola University (JABU), Ikeji-Arakeji; and an MBA in Finance from Ladoke Akintola University of Technology, Ogbomosho.
He holds an HND in Business Administration from Osun State Polytechnic, Iree; a B.Sc. in Economics from Joseph Ayo Babalola University (JABU), Ikeji-Arakeji; and an MBA in Finance from Ladoke Akintola University of Technology, Ogbomosho.
A Fellow of the Institute of Chartered Economists of Nigeria (FCE), Victor also holds multiple certifications from FMDQ Academy, underscoring his commitment to professional excellence and financial leadership.
Head, Group Treasury
