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Chams HoldCo
About

Board of Directors

We are a technology-driven company creating human possibilities through our products.

Sir Demola Aladekomo

Demola Aladekomo is the Founder CHAMS Group and the current Chairman of the board, Chams Plc. He started CHAMS in 1985 as the first indigenous computer maintenance company in Nigeria.

Over the years, the company has pioneered many new technologies and provided intelligent solutions to a wide range of public and private initiatives. Some of his achievements in the field of IT practice include the first wide-area-network on PCs in Nigeria, the first company to venture into card technologies in Nigeria and the Guinness Book of Records recognition for Chams City Innovation.

With a commitment and passion to provide solutions that leads to the enhancement of the living standards of the Nigerian people, he led the team that won the concession on the Identity Management Program in Nigeria among other trail blazing efforts in Nigeria.

Ademola is acknowledged as the brain behind the success of the first e-payment card in Nigeria birthed by the Valucard project working with a consortium of 5 indigenous Banks. Demola was also part of the first Chief Executive Program at the Lagos Business School (LBS) and served as the President of the Lagos Business School Alumni Association (LBSAA) in 2012 – 2014.

He also served President of the Nigeria Computer Society in 2012. He is a Fellow of the Nigeria Computer Society (FNCS), a member of the Nigerian Society of Engineers (NSE) and a fellow of the Computer Professional Registration Council (FCPN). He is the Founder and Chairman, Board of Trustees: Volunteer Corps, a non-governmental organization committed to professional volunteerism for public school education. Demola also served as the Vice Chairman of the Board of Trustees of SmartCard Society of Nigeria. He retired as the Group Managing Director of Chams Group in 2015 and was appointed as the Chairman, Board of Directors in March 2020.

Mrs. Mayowa Olaniyan

Mayowa Olaniyan is the GMD of Chams HoldCo. She is an insightful Business Executive with sturdy managerial expertise. Until her recent appointment as the Group Managing Director/CEO of Chams Holding Company PLC, she was the MD/CEO of Chamsmobile Limited, a fast-growing FinTech company, licensed by the Central Bank of Nigeria (CBN) to provide Mobile Money Operations and Agency services. Prior to that role, she served as the Executive Director overseeing finance, strategy and corporate services for Chams Group.

Mayowa has built an accomplished and well-recognized career of over 28 years that spans across Technology, Strategy, Finance, Audit, and Automobile. Over the years, she has established a record of success by significantly growing business value and maximizing profits through internal control and efficiency. It is noteworthy that Mayowa led the implementation of one of Chams PLC’s most successful public-private partnership projects, deriving cost optimization for the partnering state government and achieving increased earnings for the company.

Under her leadership, the robust tech products of Chamsmobile Limited (FinTech, Identity Tech, Voting Tech and HR Tech) have evolved strategically, scaled and enjoyed impressive patronage.

In the past years, Mayowa has served in various managerial capacities in renowned organizations such as SCOA Nigeria PLC and Tranter International Ltd. She later joined Supercard Limited (a then subsidiary of Chams PLC) as the AGM Corporate Services, where she oversaw the company’s corporate activities.

At various points, Mayowa moved on to occupy strategic positions such as Group Head, Internal Audit and Risk Management, and GM Finance and Accounts within the Chams Group. Her excellent performance earned her the appointment as Chief Financial Officer in 2015, a position she held until her appointment as an Executive Director, Chams PLC.

A chartered accountant of repute, a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and Associate Chartered Certified Accountants (FCCA), global body for professional Accountants. Mayowa holds an MBA from Edinburgh Business School, Heriot-Watt University, UK. She has a degree in Applied Accounting and post graduate diploma from Oxford Brooks University, UK.  She is an alumna of the prestigious Pan Atlantic University (Lagos Business School), Nigeria, the University of Stellenbosch Business School, South Africa and NANYANG Technology University, Singapore.

Mayowa Olaniyan, Chams’ Amazon serves on the board of several organizations within the Chams group and other organizations.

Mr. Olusegun Oloketuyi

Segun Oloketuyi, B.Sc, MBA. FCA, serves as Managing Director and Chief Executive Officer at Wema Bank Plc. Mr. Oloketuyi served as General Manager for Business Optimization Division of Skye Bank Plc and served as Executive Director of its Business Development.

He served as Deputy General Manager in charge of Corporate and Commercial Markets of Polaris Bank Plc (formerly Prudent Bank Plc) since joining in January 2000 and served as its Executive Director of Finance and Enterprise Risk Management for Polaris Bank Plc since January 2006.

Alh Y.A. Modibbo

Alh. Y. A. Modibbo holds a B.Sc. in Agriculture (1982), Master’s Degree in Banking and Finance (1988) and Business Management (1997).

With over 16 years of active Banking experience, Modibbo rose to the position of Assistant General Manager at Stanbic Bank Nigeria Limited before leaving the banking industry.

Mr. Modibbo joined Tiddo Securities Limited in 2001 as Managing Director. He was a Director of the Central Securities Clearing System Limited (a subsidiary of the Nigerian Stock Exchange) from 2001 to 2007 and was a Council Member of the Chartered Institute of Stockbrokers (CIS) for three years (2005 – 2007). He is a member of the Council of Abuja Securities & Commodity Exchange Plc.

Modibbo also served on the Boards of Amana Capital Pension Limited, Capital Microfinance Bank Limited, and Beta Courier Services Limited. He was a Zonal Council of the Nigerian Stock Exchange (Yola/Kano/Kaduna zone) and member of the Investments and Securities Tribunal (IST).

He later rejoined Stanbic IBTC Bank Plc and served variously as Head, Public Sector and Non-Interest Banking from April 2012 to September 2016. He was recently appointed the Vice Chairman of Tiddo Securities Limited. Alh. Y. A Modibbo is a Fellow of the Chartered Institute of Stockbrokers (FCS).

Pastor Ituah Ighodalo

Pastor Ituah Ighodalo is a Pastor, an Accountant, a Thinker, a Social Reformer and a Writer. He obtained a B.Sc combined honours degree in Economics and Accounting in 1982 from the University Of Hull, England, qualified as a Chartered Accountant in July 1986 and attended a Business Management Course at the Harvard Business School, Boston in 2011.

Pastor Ituah is a Fellow of the Institute of Chartered Accountants of Nigeria, a fellow of the Chartered Institute of Taxation Nigeria, member of the Nigerian Institute of Management, member American Society of Industrial Security and member, American Institute of Management.

He sits on the board of several corporate, charitable organizations and NGOS as Chairman and Director, they include, FAMAD Nig. Plc., FINATRUST MFB, The Clinix Diagnostic Center, NSIA Insurance, Standard Bearers School, the Courage Education Foundation, Edensfield Health Initiative, ELPIS Mental Health Initiative, Heritage Homes, and others.

He is the Publisher/Editor-in-Chief of the TIMELESS Media Group, Chairman Trinity Media and Films, Celebr8 Music Festival and producer Courage Center TV series. He has written and published several articles, papers and books.

Pastor Ituah has sat on various government panels’ (State and Federal), and has been an adviser/consultant to government at different levels. He is on the Council of the Nigerian British Chamber of Commerce and the Nigeria Employers Consultative Association. He is the Pastor-in-Charge, Trinity House.

Mr. Tomiwa Aladekomo

Mr. Aladekomo has served as a member of the board of ChamSwitch Plc from January 2015 before his recent appointment as a non-executive director on the board of Chams Plc. He has also worked for Smartcity Resorts as director, where he supervised the management team and created strategies with the board.

As a part of his 9 years of professional experience, Aladekomo served as Art Manager for Atlantic Records in New York. He has worked with several media groups which include THISDAY, Guardian, Quirk Limited, and Big Cabal Media where he currently serves as the Chief Executive Officer.

Mrs Olamojiba Bakare

Mrs. Olamojiba Bakare, is a seasoned Lawyer with almost 20 years of experience in the Corporate world, 15 years of this was as a practicing Solicitor in the United Kingdom.

She relocated back to Nigeria after a stint spanning over 20 years in the UK where she qualified as a Solicitor of England and Wales with a First Class in the oldest and most prestigious Law School in the UK, Inns of Court School of Law. She completed her Masters in The Theory and Practice of Dispute Prevention and Resolution at the University of Westminster.

She has worked with two major oil companies *(In the UK)* namely, ExxonMobil as a Contract Coordinator and also heading a department at Total Gas and Power Plc.
She practiced as a Solicitor in London for several years in top firms such as Buss Murton LLP and Landes Hutton LLP before relocating back to Nigeria in 2010. During this period, she worked for 2 blue chip companies as a Senior Manager and part of their EXCO.

She also attended the Nigeria law school to qualify as a Lawyer. She performed exceedingly well and as such was offered a role as an Adjunct Lecturer. Mrs. Bakare successfully taught Corporate law at the Nigerian Law School, Lagos Campus for the session 2016-2017.

Mrs. Bakare left Nigerian Law School to set up Triple Ace & Co Solicitors. She comes with a wealth of knowledge, experience, professionalism and passion.

Dr. Mohammed Santuraki

Dr Mohammed Santuraki is a former Managing Director/Chief Executive Officer of Bank of Agriculture Limited, and that of FBN Mortgages Limited, then the mortgage banking subsidiary of Nigeria’s banking behemoth, First Bank of Nigeria Ltd. More recently, he is the immediate past Pro-Chancellor & Chairman of Governing Council of IBB University Lapai, the Niger State University.

Mohammed is a past Chairman, Association of Nigerian Development Finance Institutions; and former National Vice President of Mortgage Bankers Association of Nigeria (MBAN).

Santuraki has wide ranging, hands-on, experience in managing, leading and turning around companies in both private and public sectors. He is a seasoned banker with diversified experience in Nigeria’s financial services sector ranging from agricultural development finance through investment/commercial banking to mortgage banking. Earlier in his career, he held senior executive positions at First Bank of Nigeria, Guaranty Trust Bank, and The British Council in Nigeria.

Santuraki has a DVM from Ahmadu Bello University, Zaria, and an MBA from University of Ibadan. He has attended various top executive and leadership programs at top global institutions; including those of Lee Kuan Yew School of Public Policy, MIT Sloan Executive Education, Said Business School (University of Oxford), Harvard Business School, Harvard Kennedy School of Government, Kellogg Executive Programs’ (Northwestern University), IMD Lausanne, Switzerland, Stanford Graduate School of Business and Wharton School of University of Pennsylvania, United States. He is also an Oxford Business Alumni, and an alumnus of Lagos Business School, where he was on Chief Executive’s Programme-17 (CEP-17) and Agribusiness Management Program (AgMP-15)

Santuraki’s current interests include agribusiness, leadership training & consulting and technology entrepreneurship. Santuraki, is an ardent corporate board practitioner and is currently an Adjunct Professor of Corporate Governance & Business Ethics at University of Abuja Business School, where he lectures on their Executive MBA program. He is a Co-founder & Chairman of Al Khaleej Retails Limited, a startup multiproduct branded retail company and also of FIC Exchange Pl, a professional agent network that delivers financial and related services, with a mission of reducing poverty by promoting financial inclusion.

Mr. Ayobola Abiola

Ayobola Abiola is an economics, banking, finance and tax expert with over 25 years cognate experience in Investment, Commercial and Mortgage banking.  He is founder and Chief Executive Officer Capstone Development (West Africa) Limited, a real estate investment and advisory firm. He was until recently Executive Director, Business Development and Treasury Services at Federal Mortgage Bank of Nigeria, a position he was appointed to by the President of the Federal Republic of Nigeria. Prior to joining Federal Mortgage Bank of Nigeria (FMBN), he was Vice Chairman and Chief Executive Officer, Fullhouse Advisory Partners, LLC, an Investment and Financial Advisory Services Firm which specializes in capital raising, project  finance and investment advisory services across a range of industries/sector which include manufacturing, construction, real estate and the public sector.

Before then, Sir Ayobola Abiola had a successful stint with United Bank for Africa (UBA) Plc, where he was at various times the Managing Director/Chief Executive Officer, UBA Tanzania for four years and General Manager/Divisional Director, Corporate Banking, UBA. During his stay in Tanzania, the UBA Tanzania under his watch consistently earned outstanding audit ratings with no single regulatory infraction.

Also, he was at First City Monument Bank Plc where he functioned as Senior Vice President and Head West & Lagos Regions. He was specially headhunted by the Directors of FCMB during the banking consolidation era to help in the transformation of FCMB from a merchant bank to a commercial bank. During that period he grew the business offices from two (2) upon assumption office  in 2005 to 22 business offices in July, 2008 when he resigned his appointment to join UBA following his appointment as the founding MD/CEO of UBA in Tanzania.

Our Board of Directors

Sir Demola Aladekomo

Chairman

Demola Aladekomo is the Founder CHAMS Group and the current Chairman of the board, Chams Plc. He started CHAMS in 1985 as……

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Mrs. Mayowa Olaniyan

Mrs. Mayowa Olaniyan

Group Managing Director

Mayowa Olaniyan is an insightful Business Executive with sturdy managerial expertise. Until her recent appointment as the Group Managing Director/CEO of Chams Holding Company PLC, she was the MD/CEO of Chamsmobile Limited, a fast-growing FinTech company, licensed by the Central Bank of Nigeria (CBN) to provide Mobile Money Operations and Agency services. Prior to that role, she served as the Executive Director overseeing finance, strategy and corporate services for Chams Group.

Read more
Dr. Mohammed Santuraki

Dr. Mohammed Santuraki

Non-Executive Director

Dr Mohammed Santuraki is a former Managing Director/Chief Executive Officer of Bank of Agriculture Limited, and that of FBN Mortgages Limited, then the mortgage banking subsidiary of Nigeria’s banking behemoth, First Bank of Nigeria Ltd.

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Mr. Olusegun Oloketuyi

Non-Executive Director

Segun Oloketuyi, B.Sc, MBA. FCA, serves as Managing Director and Chief Executive Officer at Wema Bank Plc. Mr. Oloketuyi served as…..

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Mr. Ayobola Abiola

Mr. Ayobola Abiola

Non-Executive Director

Ayobola Abiola is an economics, banking, finance and tax expert with over 25 years cognate experience in Investment, Commercial and Mortgage banking.  He is founder and Chief Executive Officer Capstone Development (West Africa) Limited, a real estate investment and advisory firm…

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Alh Y.A. Modibbo

Non-Executive Director

Alh. Y. A. Modibbo holds a B.Sc. in Agriculture (1982), Master’s Degree in Banking and Finance (1988) and Business Management (1997)…….

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Pastor Ituah Ighodalo

Non-Executive Director

Pastor Ituah Ighodalo is a Pastor, an Accountant, a Thinker, a Social Reformer and a Writer. He obtained a B.Sc combined honours…..

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Mr. Tomiwa Aladekomo

Non-Executive Director

Mr. Aladekomo has served as a member of the board of ChamSwitch Plc from January 2015 before his recent appointment as a……

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Mrs Olamojiba Bakare

Non-Executive Director

Mrs. Olamojiba Bakare, is a seasoned Lawyer with almost 20 years of experience in the Corporate world, 15 years of this was…….

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Mrs. Bakare