Sky Capital and Financial Allied Limited, the financial services subsidiary of Sifax Group, has appointed a new Managing Director and three non-executive directors for one of its subsidiaries Skye Bank, Sierra Leone.
After the approval by the Bank of Sierra Leone, Mr. Abiola Bolaji has assumed office as the substantive Managing Director while Mr. Ayoku Liadi, Mr. Abdul Sheku Kargbo and Arch. Abel Onomake have assumed the positions of non-executive directors of the bank.
The appointment was contained in a statement signed by Sifax Group Head, Corporate Communications, Mr. Muyiwa Akande and made available to Maritime Bits.
According to the statement, Bolaji is a graduate of Obafemi Awolowo University, Ile-Ife and has two master’s degrees in Accounting and Financial Management (Distinction) and Corporate Finance from the ICMA Centre, Henley Business School, University of Reading, United Kingdom. He began his professional career as an Office Assistant in Development Finance Office of the Central Bank of Nigeria (CBN) in Uyo as a youth corp member before joining Universal Trust Bank (UTB) as a Relationship Officer in 2003. Between 2006 and 2020, Abiola worked with Guaranty Trust Bank (GTB), Access Bank and Stanbic IBTC rising to become a Regional Manager and managing 10 branches of the bank located in Ogun and Oyo states. He has received numerous awards for his outstanding performance both professionally and academically.
Liadi is an accomplished financial expert with over 25 years of progressive experience. He had served as the Deputy Managing Director, United Bank for Africa (UBA) Nigeria where he was in charge of about 500 branches of the bank with deposits of more than 3.5 trillion naira. He also served as the Managing Director/CEO) of GTB Sierra Leone between 2011 and 2013 where he recorded outstanding achievements and led the bank to become the most profitable bank in 2013. Ayoku’s exceptional leadership also earned the bank the prestigious KPMG award for the Best Customer Service Bank in 2012. Ayoku holds a B Sc. in Business Management from the University of Nigeria, Nsukka, an ACA from the Institute of Chartered Accountants of Nigeria (ICAN) and a Master’s degree in Marketing from the University of Lagos.
The statement added that Abdul Sheku Kargbon is an Executive Director of the National Drug Law Enforcement Agency (NDLEA) and the immediate past board chairman of UBA Sierra Leone. He has a vast work experience in policy and strategy formulation locally and internationally. Kargbo is a LLM graduate of Birmingham City University, UK; Master’s of Arts in Human Rights, Globalization and Justice – University of Keele, United Kingdom (UK) and LLB (Hons) from the University of Warwick in the UK.
Abel Onomake is a seasoned architectural consultant who has worked on key designs and supervision of architectural and engineering projects in Nigeria, Sierra Leone, Liberia and The Gambia. He holds a B.Sc and M.Sc in Architecture from the University of Ife and a Diploma in Valuation and Estate Surveying from the Architecture and Surveying Institute, Wiltshire, United Kingdom. Between 2005 and 2021, he was the Managing Director of Ideas Limited, a West Africa-based consulting firm with offices in Sierra Leone and Nigeria.
The appointment of the four new Board of Directors brings to seven the directors of the bank including the Acting Chairman, Mr. Brimah Conteh; Chief Adekunle Oyinloye and Mr. Akinremi Akinwale Oladipo (The Executive Director). The multitude of resident directors is a part of the bank’s strategic focus on domesticating the governance, products and services of the Bank to meet the local requirements of the country’s economy.
While congratulating the new appointees, Chairman, Sifax Group, Dr. Taiwo Afolabi, said the desire to make sustainable impact in the financial sector across West Africa was responsible for the quality of leaders appointed to manage the financial institutions in Sierra Leone.
He said: “Sifax Group is synonymous with the delivery of best value and excellence. We know that quality workforce and experienced board would drive our vision of becoming the most desired financial services brand across the West Coast. We are pleased with these appointments and convinced they possess the requisite knowledge and experience to deliver on the vision.
“I have no doubt that these new leaders will catapult Skye Bank, Sierra Leone to the top in the country. We will provide all the necessary support needed for them to succeed in our quest to become a Pan-African financial institution”.