BOARD OF DIRECTORS

Architect. Oluwafunmi Adewale Bamkole

Position: Chairman
Biography: Architect Oluwafunmi Adewale Bamkole serves as the Chairman of the Board of Directors at Ultimate Microfinance Bank and the former President of Lagos Country Club. With a distinguished career spanning over several decades, Architect Bamkole brings a wealth of experience and strategic vision to the bank. His leadership is characterized by a deep commitment to excellence, innovation, and sustainable growth. Architect Bamkole's extensive background in architecture and business management has equipped him with a unique perspective on corporate governance and strategic planning.

As Chairman, he plays a pivotal role in steering the bank's strategic direction, ensuring robust corporate governance, and fostering a culture of accountability and transparency. Under his leadership, Ultimate Microfinance Bank has seen significant growth and transformation, aligning with his vision of providing accessible financial services to underserved communities. Architect Bamkole's focus on innovation and customer-centric approaches has been instrumental in driving the bank's mission and achieving its corporate objectives. His commitment to excellence is reflected in his proactive approach to identifying opportunities for growth, managing risks, and ensuring the bank's operations are aligned with best practices in the industry.

Architect Bamkole's leadership style is collaborative and inclusive, fostering a strong board dynamic and encouraging a culture of continuous improvement. As Chairman, Architect .Bamkole is dedicated to upholding the highest standards of governance and operational excellence, ensuring that Ultimate Microfinance Bank remains a leader in the microfinance sector. His strategic insights and unwavering commitment to the bank's mission make him a pivotal figure in its ongoing success.

Mr. Timothy Olusegun Ayodele
FCA, AMNIM, ACIA

Position: Director
Biography: Mr. Ayodele is a well experienced, self-motivated, innovative and result oriented Chartered Accountant/Administrator for over three (3) decades; with analytical mind and superior managerial skills that is driven by passion for excellence. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), an Associate Member of the Nigerian Institute of Management (NIM), an Associate Member of Chartered Institute of Administration (CIA).

Mr. Ayodele offers strategic oversight and financial acumen to the board. Mr. Ayodele's career is distinguished by his extensive experience in financial management, audit, and compliance. His expertise in these areas ensures that the bank adheres to the highest standards of financial integrity and regulatory compliance. He is adept at financial analysis, risk management, and strategic planning, which are critical to the bank's sustainable growth and operational efficiency.

In his role at Ultimate Microfinance Bank, Mr. Ayodele plays a pivotal part in guiding the bank's strategic initiatives, focusing on enhancing financial performance and governance structures. His insights into financial best practices and regulatory requirements help shape the bank's policies and procedures, ensuring robust corporate governance and accountability. Mr. Ayodele is committed to promoting transparency and excellence within the bank. His leadership and collaborative approach foster a culture of integrity and continuous improvement, aligning with the bank's mission to provide reliable and inclusive financial services to its customers. With his professional qualifications and extensive experience, Mr. Ayodele is an invaluable asset to Ultimate Microfinance Bank's board, contributing significantly to the bank's strategic direction and long-term success.

Ms. Saidat Adetoun Oluwo

Position: Director
Biography: Ms. Saidat Adetoun Oluwo has professional experience spanning over two decades, characterized by a strong sense of personal integrity and a proven track record of exceeding expectations. A proactive, ambitious, and competent manager, Ms. Oluwo possesses excellent oversight and direction abilities. She holds a B.Sc in Chemistry in Polymer and an HND in Applied Chemistry, both obtained from the University of North London, one of the UK's prestigious universities in the United Kingdom.

As a Director at Ultimate Microfinance Bank, Ms. Oluwo is instrumental in shaping the bank’s strategic direction, with a focus on sustainable growth and financial inclusion. She plays a crucial role in overseeing the implementation of strategic initiatives while ensuring the bank adheres to best practices in governance and operational excellence. Ms. Oluwo's commitment to excellence and innovation truly aligns with the bank’s mission to provide accessible and inclusive financial services to underserved communities.

Her leadership and collaborative approach foster a culture of accountability and continuous improvement within the organization. With over five years of experience in the banking sector as a Marketing team lead, Ms. Oluwo's extensive background and strategic insights make her a key asset to Ultimate Microfinance Bank’s board, significantly contributing to the bank's mission and long-term success.

Professor Oluwarotimi Ireti Akinola

Position: Director
Biography: Professor Oluwarotimi Ireti Akinola, a Director at Ultimate Microfinance Bank, brings extensive academic and professional expertise to the board. As a distinguished professor of Obstetrics and Gynaecology, he has significantly contributed to research, teaching, and policy development. In his role, Professor Akinola supports the bank’s strategic initiatives, focusing on sustainable growth and financial inclusion.

He oversees policy formulation, risk management, and corporate governance, ensuring adherence to high standards of operational excellence. His commitment to education and community development aligns with the bank's mission to serve underserved populations. Known for his collaborative approach, Professor Akinola fosters strong partnerships across sectors. His leadership and vision are crucial in guiding Ultimate Microfinance Bank towards its long-term goals and maintaining its industry leadership. His strategic thinking and deep understanding of economic and financial systems make him an invaluable asset to the bank.

Mr. Shadare Akanji Kayode James

Position: Director
Biography: Mr. Shadare has built a distinguished career in Public Service and Administration, culminating in his current role as a Director at Ultimate Microfinance Bank.He pursued higher education at Lagos State University (LASU), earning a B.Sc (Hons) in Botany in 1990, followed by a Master's in Public Administration in 2008. Over three (3) decades, he has held various significant roles across multiple local government areas and MDAs, including positions as Head of Personnel Management and Council Manager in various LCDAs. Notably, his tenure as Director of Administrative and Human Resources spanned several key departments, including Education District II in Maryland and the Ministry of Housing.

These roles underscored his expertise in administration and human resource management, highlighting his capability to drive organizational success. Mr. Shadare is recognized for his cross-disciplinary academic training and extensive experience, making him a valuable asset to any institution. His leadership skills, self-motivation, and ability to work under pressure are complemented by his excellent communication and interpersonal abilities. A team player with a keen eye for detail, he excels in time management and organizational tasks. As a Director at Ultimate Microfinance Bank, Mr. Shadare continues to contribute his vast experience and skills to the financial sector, fostering growth and innovation within the institution.

Lanre Olaotan & Co.

Position: Company Secretary
Biography: Lanre Olaotan & Co is a well-established law firm based in Lagos, Nigeria. serves as the Company Secretary for Ultimate Microfinance Bank, providing expert legal and corporate governance support to the bank's board and management. Renowned for their proficiency in corporate law, compliance, and governance, Lanre Olaotan & Co. plays a crucial role in ensuring the bank's adherence to regulatory standards and best practices. As a reputable law firm with extensive experience in the financial sector, Lanre Olaotan & Co. brings a wealth of knowledge in legal advisory, corporate governance, and regulatory compliance. They are responsible for facilitating effective communication between the board of directors and the bank’s stakeholders, ensuring that board decisions are well-documented and implemented.

Lanre Olaotan & Co. is dedicated to supporting the bank's mission of providing accessible and inclusive financial services. Their meticulous approach to governance and compliance fosters a culture of transparency and accountability within the organization. With their extensive legal expertise and commitment to excellence, Lanre Olaotan & Co. is a vital asset to Ultimate Microfinance Bank, contributing to the bank's integrity, regulatory compliance, and overall success. The firm specializes in a range of legal services including corporate law, property law, and litigation. It is known for providing high-quality legal counsel to both individuals and businesses.