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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 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. 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 at Chams PLC. A chartered accountant of repute, a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), and Associate Chartered Certified Accountants (FCCA), a 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 a postgraduate 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

Mr. Segun Oloketuyi, B.Sc, MBA. FCA, retired 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 as an 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) and as its Executive Director of Finance and Enterprise Risk Management for Polaris Bank Plc

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. He 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 NonInterest 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

Mohammed Bashir-Yunusa is a seasoned financial technology professional with over 12 years’ experience. Over the years, Mohammed has garnered extensive knowledge by specializing in deal structuring, mergers and acquisitions, corporate and retail finance, business strategy, digital transformation, and noninterest banking operations. He has effectively handled high-level financial transactions in a variety of sectors, including transportation, investment, e-commerce, agriculture, infrastructure, and renewable energy, throughout his more than ten years of experience working in the financial services sector. With his extensive experience and a thorough understanding of the economic and business landscape in the financial sector, one of his key achievements in his career is pioneering the launch of Sterling Alternative Finance” one of Nigeria’s fastest-growing non-interest banks. Mohammed’s expertise in finance and banking played a huge factor in ensuring that the noninterest arm, which was established in 2015 under the auspices of Sterling Bank Nigeria continues to record astounding successes year in, and year out. Additionally, his contribution has further pushed the frontiers of financing models. Mohammed prides himself on being an innovative disruptor as he specializes in creating disruptive and innovative digital business models and solutions. Notable of such digital solutions is launching Nigeria’s first credit-based e-commerce platforms, investment and payment apps and an array of various innovative solutions. He graduated with distinction from an accounting diploma program, and he also holds a BSc (Hons) in Business Administration (Finance) both from Ahmadu Bello University. He furthered his studies by earning an MSc in Strategic Planning from Heriot-Watt University and possesses numerous executive qualifications, most recently a Postgraduate Diploma in Strategy and Innovation from Saïd Business School, University of Oxford. He is presently enrolled in the Global executive management in Business Administration (GEMBA) program at IESE Business School. Beyond the confines of his 9-5 role, Mohammed is a proponent of socioeconomic fairness. He is committed to increasing the rate of employment while also improving the social well-being of the unemployed by exploring innovative channels to have a good effect on his community’s economy. Mohammed presently oversees a team that is upending the financial technology sector as the Director of Innovations and Digital Business Solutions at Sterling Alternative Finance, the noninterest division of Sterling Bank Plc.

Mr. Tomiwa Aladekomo

Mr. Tomiwa Aladekomo is the CEO of Big Cabal Media, which creates compelling content for African youth and is building the next generation of Africa’s media brands. An experienced technology, media and marketing executive, Tomiwa led the team that transformed the Guardian Nigeria into a top-notch digital media operation. He has worked in senior roles, leading digital for Heineken Nigeria and heading one of West Africa’s top digital agencies. Mr. Aladekomo has worked extensively across media and marketing in North America, notably for Atlantic Records and The Futures Company, where he worked on global strategy briefs for brands like Coca-Cola and Unilever. He has a Bachelor of Science Degree in Business Administration from Boston University and a Master of the Arts degree in Anthropology from Columbia University, New York. Mr. Aladekomo is also a fellow of the prestigious Archbishop Tutu Leadership Fellowship, run by the African Leadership Institute. Mr. Aladekomo currently serves on the boards of ChamsSwitch Plc, SmartCity Resorts Plc and Volunteer Corps Nigeria

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 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. She 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.

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. He is the immediate past Pro-Chancellor & Chairman of Governing Council of IBB University Lapai, the Niger State University. Dr Santuraki is a past Chairman, Association of Nigerian Development Finance Institutions; and former National Vice President of Mortgage Bankers Association of Nigeria (MBAN). Dr. 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. Dr. 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). Dr. 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

Sir 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.

Mrs. Chijioke Ugochukwu

Mrs. Chijioke is a Chartered Director and Fellow of the Institute of Directors (IoD), United Kingdom and of the CIoD Nigeria as well as a Fellow of the Chartered Institute of Bankers Nigeria (CIBN).She has spent well over 30 years in the Board room, became a Director in 2012 and is presently an Independent Director with Access Pensions Limited. She serves on several committees and councils of the CIoD Nigeria, the CIBN and the Lagos Business School (LBS). And is a member of the Board of Governors of the Babington Macauly Seminary. Before this, she was the Executive Director, Shared Services & Products and Chief Information Officer at Fidelity Bank plc.

She holds a Bachelor of Laws (LL.B Hons.) degree from Obafemi Awolowo University, Ile-Ife and Barrister at Law (BL) from the Nigerian Law School. She also holds a Master of Business Administration degree from IESE/University de Navarre, Barcelona. She has attended several Executive Education programs globally at the Institute of Directors UK, the Institute of Management Development (IMD), Massachusetts Institute of Technology (MIT), Harvard Business School, Stanford Graduate School of Business, Oxford Said Business School, The Wharton School and Columbia Business School amongst others. She also facilitates classes in Business Ethics and Women in Leadership at the Lagos Business School.

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.

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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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Mohammed Bashir-Yunusa

Non-Executive Director

Mohammed Bashir-Yunusa is a seasoned financial technology professional with over 12 years’ experience. Over the years, Mohammed has garnered extensive knowledge by …..

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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. Chijioke Ugochukwu

Non-Executive Director

Mrs. Chijioke is a Chartered Director and Fellow of the Institute of Directors (IoD), United Kingdom and of the CIoD Nigeria as well as a Fellow of the Chartered……

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Mrs. Bakare