Afolabi Olorode
Non-Executive Director
Afolabi Olorode, Acting Managing Director. He is responsible for the business and operations of the Bank. He is a member of the bank’s Executive Leadership Committee and sits on other sub-committees, including the Management Credit & Underwriting Committee, Human Capital Committee, Asset & Liabilities Management Committee, and Risk Management Committee. He serves as a Non-Executive Director of First Securities Limited (a wholly-owned subsidiary of First Merchant Bank), chairs its Board Audit & Risk Management Committee and a member of its Board Governance & Nominations Committee.
Afolabi has advised on and raised funding for several landmark transactions involving leading Nigerian and international clients in restructuring, M&A advisory, and capital raising for over 20 years. He has major sectoral expertise that spans the public sector, financial services, power, telecoms, oil & gas and FMCG. He also previously worked with reputable corporations including Emerging Capital Partners, Renaissance Capital, KPMG, Frontier Capital and Agusto & Co. in various roles covering Sub-Saharan Africa.
Afolabi is registered as a Sponsored Individual with the Nigerian Securities and Exchange Commission (SEC), member of Institute of Directors Nigeria (IOD) and a past Director of Administration with the Association of Nigerian Issuing Houses (AIHN).
He is a Fellow of the Institute of Chartered Accountants of Nigeria and has taken leadership and executive education courses at Columbia Business School, INSEAD, Harvard Business School, Wharton Executive Education, and Lagos Business School, among others. He is also a University of Lagos graduate with a post-graduate degree in Corporate & International Finance from Durham Business School in the United Kingdom.
