By Yakubu LAAH InvestAdvocate
Lagos (INVESTADVOCATE)-Afromedia Plc listed on the media sector of the Nigerian stock exchange (NSE) Tuesday announced it has appointed a new chairman and three (3) non-executive directors to its board.
The appointees are Idowu Iluyomade – Chairman, Ernest C. Ebi, Victor Ogiemwonyi and Ibrahim Isiyaku as directors
IIuyomade attended the International School, University of Ibadan and trained as a Lawyer at the University of Ife (now Obafemi Awolowo University) IIe-Ife and the Nigerian law school. He was subsequently called to the Nigerian bar in 1982 and has since been in private legal practice.
He is a Pastor of the Redeemed Christian Church of God (RCCG), presides over the City of David Parish of the Church. He is also a Provincial Pastor in RCCG and head of the Apapa Family of the Church.
As a Lawyer, IIuyomade is an advocate who enjoys the essence of advocacy and attends court regularly, representing high net worth clients and blue chip companies. His interest lies in commercial practice and in particular international trade finance, mergers and acquisitions, and international joint ventures, energy law, commercial law, shipping, corporate, registration of foreign judgements, Receiverships, Trade Marks and Patents, Banks, Banking, Litigation, Construction law, insurance, generallLitigation and debt recovery.
He is a Board Member of Aboil Energy Services Ltd – managing director, Axiom IT Systems Ltd -chairman, Visible Assets Ltd – chairman among other boards appointments.
He has attended various international seminars on leadership and training. He is also a member of the Nigerian bar association and Ikoyi Club 1938. IIuyomade was the vice chairman, Pastor Enoch Adeboye Endowment Fund, University of Lagos and University of Ibadan.
He is married with three children.
On his part, Ogiemwonyi was until 1991 with former NAL Merchant Bank Plc, the oldest and one of the foremost merchant banking houses in Nigeria where he received his investment banking training. He also worked as the pioneer chief executive officer for Financial Derivatives Company Ltd, a foremost Financial Advisory Firm in Lagos.
He earned a BBA in Accounting and an MBA in 1981 from Texas Southern University. An alumnus of LBS Chief Executive programme, he has attended several courses both locally and abroad, including INSEAD and The New York Institute of Finance.
Ogiemwonyi is a chartered stockbroker and a member of several professional bodies. He is vice chairman of the Association of Issuing Houses of Nigeria and member, Nigerian Institute of Management (NIM).
He is also a member of several capital market committees; he is at present, a fellow and served as council member of the Chartered Institute of Stockbrokers (CIS) and chairman of the Institute’s Technical Research Committee and Administrative Proceedings Committee (APC) of the Securities and Exchange Commission (SEC).
Ogiemwonyi is on the board of the National Association of Securities Dealers (NASD) where he is chairman of the technical committee on the establishment of an alternative securities trading platform. Other bodies in which he is a member include: Association of Pension Fund Managers, Nigerian-American Chamber of Commerce; Nigerian-South African Chamber of Commerce and Institute of Directors (IOD).
He is a widely read columnist and presently a National Council member of the Nigerian stock exchange.
While Ebi for over 30 years has been leading business transformation initiatives at various enterprises within and outside the financial services space.
He attended Holy Ghost College Owerri between 1970 and 1972, thereafter proceeded to Howard University, Washington DC USA where he graduated with a Bachelor of Business degree in Marketing in 1978.
Ebi also obtained an MBA from the same University in 1979 and later attended management and leadership development programs in IMD Switzerland, Harvard, Oxford-Said Business School.
His professional experience and expertise spans the full spectrum of executive leadership, financial goals delivery, business performance management, human resources capacity building, and general business performance management.
He commenced his working career in the United States of America as an accounts technician with the National Association of Counties, Washington DC in 1976 and subsequently worked at the Federal Savings & Loans Association Washington DC where he served as the assistant vice-president Community Federal Savings & Loans Association.
In 1981, Ebi returned to Nigeria and joined the International Merchant Bank Plc, serving in various capacities and also as part of executive management. He went on to serve in leadership positions in other notable banking sector organisations which include:
? African Continental Bank – executive director, borporate Banking and later managing director/chief executive (1993 – 1995)
? New Nigerian Bank – managing director/chief executive (1995 – 1998)
? Diamond Bank Plc – Deputy managing director & COO (1998 – 1999)
In June 1999, Ebi was appointed deputy governor, central bank of Nigeria where his tenure crossed two key portfolios of the regulatory banking authority over a 10-year period:
? Central Bank of Nigeria – deputy governor, policy (1999 – 2004)
? Central Bank of Nigeria- deputy governor, corporate Services (2004 – 2009)
He is a board member of the following Organisations:
? AIICO Pension Managers – Member
? Sheba Exploration and Production – Member
? Member, Board of Trustees – Pastor E.A. Adeboye University of Lagos N50m Endowment Fund
? Newton Energy (A subsidiary of Seplat) – member
? Profiliant Development Resources – chairman advisory board
He is married with 3 children.
