Board Of Directors

Sonnie Babatunde Ayere

Group Managing Director/CEO
MA. Financial Economics,
University of Dundee, Scotland, U.K

Executive Corporate Finance, Programme: London Business School, DSc. European-American University (Honorary), UK FSA Registered

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Mr. Malcom Gilroy

Mr. Malcom Gilroy

Non-Executive Director

Malcolm Gilroy has had an extensive career in global capital markets. He has held senior management positions on both the buy side

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Mr Michael Orimobi

Mr Michael Orimobi

Non-Executive Director

Michael is an ingenious and astute commercial lawyer with years of experience in capital markets, M&A and finance.

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Mrs Yimika Phillips

Non-Executive Director

Olayimika, is a Non-executive Director at DLM Capital Group and a Partner at the leading law firm, Olaniwun Ajayi LP.

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Sonnie Babatunde Ayere

Group Managing Director/CEO

Background
• 27+ years of corporate finance, structured finance, corporate banking, and asset management experience.
• Pioneer MD/CEO, UBA Global Markets
• Prior to this, he spent 4 years at the IFC in various roles as Co-Head of the Financial Markets Division focusing on Sub-Sahara Africa
• Worked in various Corporate and Structured Finance, Banking, and Asset Management roles in HSBC, Royal Bank of Scotland (formerly,
NatWest), Sumitomo Mitsui Bank, Bank of Montreal Nesbitt Burns in London

Relevant Experience
• Involved in the origination, structuring, and distribution of several of the most complex bond issues in Nigeria to date – CERPAC Securitisation,
PRIMERO Securitisation, FMBN Securitisation, NMRC Issuance Programme, Mortgage Warehouse Asset-Backed Commercial Paper Programme, etc
• IFC’s lead in the development of the Nigerian domestic bond market (2004)
• Advised and served on the Lagos HOMS committee chaired by Gov. Babatunde Fashola
• Originated and structured Kebbi state, Ebonyi State, Nassarawa series I and Private Bonds
• Merger and Corporate Restructuring: AIICO Plc- Financial Adviser- Merger of Aiico Insurance Plc, Aiico General Insurance Plc and Aiico Asset
Management by a Scheme of Arrangement- 2010
• Restructuring: Bayelsa State Government- Financial Adviser- Restructuring of the state’s N50 billion bond issuance- 2011
• Corporate Divestment: Bank PHB Plc- Financial Adviser- Divestiture of Legacy Insurance, PHB Capital & PHB Trustees from Bank PHB Legacy
Insurance Limited through a sale of its equity holding – 2011/12
• He was part of the team that structured the first-ever Japanese de-linked Balance Sheet Collateralised Loan Obligation securitisation – GBP1.4bn Aurora Funding. He was also responsible for managing the bank’s fixed income portfolio in Asset-Backed Securities (‘ABS’) and Mortgage-Backed Securities (‘MBS’)
investments and other assets classes for its balance sheet

Mr. Malcom Gilroy

Non-Executive Director

Background
Malcolm Gilroy has had an extensive career in global capital markets. He has held senior management positions on both the buy side and sell-side of the debt and equity markets. He has also been retained as a consultant to many major corporations and in 2004 was retained by IFC (World Bank Group) to advise the Nigerian government on measures to be taken to rejuvenate the Nigerian bond market. Many of the suggestions provided mypharmacyexpert.com by IFC in this exercise were incorporated into the regulations that guided the establishment of the FGN Primary Dealer Market Maker trading initiative in 2006.

Mr. Gilroy was the Global Head of Sales & Trading for Dunn Loren Merrifield. Prior to this he was the Head of Wealth Management for Afrinvest West Africa. Previous experience in Nigeria includes being Managing Director of FDHL a consulting company in Lagos, (where clients
included the Central Bank of Nigeria, the SEC and Debt Management Office); The Head of Global Wealth Management for UBA Capital in Lagos Nigeria. As such the UBA Stockbrokers; UBA Asset Management and UBA Insurance Brokerage subsidiaries reported to him, in addition to the Asset Management and Wealth Management businesses housed in London. Prior to this he was the Global Head of Sales & Trading & Deputy Managing Director for UBA Global Markets. Before coming to Nigeria, Mr. Gilroy was the President and CEO of Cambrian Capital Management Ltd. in Canada.

As an Investment Counsel he has managed global bond; equity; balanced; managed futures and option writing mandates for clients such as Shell Canada Pension; Colleges of Arts and Technology Pension Fund; Atlas Funds (sub of Merrill Lynch, Canada) and Croft Funds, in Toronto. Malcolm moved to the buy side of the investment business in 1993, after a career of 20 years on the sell side where he served as the Senior Vice President and Treasurer of UBS Canada; Head of Fixed Income for First Boston Canada and Executive Director and Head of Investment Banking for First Chicago, Canada. He was instrumental in the formation of the interest rate and currency swap markets of Canada and has run both fixed income and foreign exchange departments for a number of international banks. Mr. Gilroy has served on many industry committees including the Canada Foreign Exchange Committee, at the invitation of the Bank of Canada; the Toronto CFA Society – Fixed Income Committee and the Toronto CFA Society – Wealth Management Committee

Mr Michael Orimobi

Non-Executive Director

Background

Michael is an ingenious and astute commercial lawyer with years of experience in capital markets, M&A, and finance. He holds a Bachelors degree in Law (LLB) from the University of Lagos. Furthermore, he has a Masters degree in Commercial Law (with emphasis on Corporate Finance law, International Commercial Tax, International Intellectual Property Law and Corporate Governance) from the University of Cambridge.

He started his career as an investment banker and was involved in structuring several Nigerian and Cross-border commercial transactions, such as Financial Analysis and Valuation of Companies, Mergers & Acquisitions, Listing of Companies on the Nigerian Stock Exchange, Core Investor Sale, Privatization & Commercialization, Balance Sheet Restructuring, Corporate Restructuring, Issuance of Equity, Debt and Hybrid Instruments (Private Placements, Special Placings, Public Offers) and Foreign Direct Investments. He is currently the Global Chairman of the Tokunbo Orimobi Legal Group – an international legal practice with 10 offices in 7 countries. Michael doubles as the Managing Partner of the Group’s Nigerian Practice – Tokunbo Orimobi LP. Michael, in the course of his legal career has been able to perfectly combine his legal background with his investment banking experience in proffering highest quality legal advisory services to clients. 

Michael is ranked as a Leading Lawyer for Capital Markets Deals in Nigeria by the IFLR1000, emerged as Lawyer of The Year, Nigeria & Leading Adviser, Nigeria in the ACQ Global Awards and was awarded Marketing Law with Accolades Award in the 2016 DealMakers Country Awards. Under his tenure as Managing Partner of Tokunbo Orimobi LP, the law firm has won several awards such as Recommended Firm for Financial and Corporate Deals (2020) & Energy and Infrastructure Deals (2019) – IFLR1000; Capital Markets Law Firm of the Year, Nigeria – 2018 Corporate Int’l Magazine Global Awards; Structured Finance Law Firm of the Year, Nigeria – 2017 Lawyers World Country Awards; Corporate Finance Law Firm of the Year, Nigeria – 2016 Corporate Int’l Magazine Global Awards; Most Innovative Law Firm, Nigeria – 2016 Acquisition International Magazine Awards; Corporate Finance Law Firm of the Year, Nigeria – 2015 Deal Makers Country Awards; Regulatory Compliance Practice of the Year, Nigeria, Dispute Resolution Law Firm of the Year, Nigeria & Best Commercial Law Firm of the Year, Nigeria – 2015 Acquisition International M&A Awards etc. Michael sits on the board of a couple of African businesses and entities. He is a global business leader and philanthropist. He is a member of the Nigerian Bar Association and the International Bar Association

Mrs Yimika Phillips

Non -Executive Director

Background
Olayimika, is a Non-executive Director at DLM Capital Group and a Partner at the leading law firm, Olaniwun Ajayi LP.

She is the partner in charge
of the Enterprise Practice Group and specializes in corporate and regulatory matters in energy, real estate, manufacturing, health, media, advertising,
hospitality, and labour .

She also has vast experience advising both local and international clients on group reorganisations, Mergers and Acquisitions, demergers, corporate
Mrs Yimika Phillips finance and corporate governance matters.