MUTUAL BENEFITS MICROFINANCE BANK - Key Persons


Adedoyin Onayemi - Managing Director

Job Titles:
  • MANAGING DIRECTOR
  • Management Executive
Adedoyin Onayemi is a seasoned Management Executive with 15+ years of progressive experience providing guidance and leadership in areas such as strategy (business advisory), Enterprise Risk Management, Credit Risk Administration, Product development, business intelligence, process management, data analytics, and change management with the aim of driving innovation. He was Country Director of Money in Minutes Nigeria Limited, a UK-originated fintech start-up company responsible for driving the business growth, partnership, and digital transformation from 2021-2023. He was also a former Senior Vice President and Head of Credit Risk of Kuda Bank. From 2018 - 2021 he was head of credit, product, & analytics for Credit Direct consumer lending arm of FCMB Holdings PLC. Prior to Credit Direct, he was a co-founder of Aella Credit, a digital lending company.

MR ABIDEMI SONOIKI

Job Titles:
  • DIRECTOR
  • Banker
Abidemi Sonoiki is a graduate of Accounting and has two Master's degree to his name. He is also currently pursuing a PhD at Portsmouth University, England. Mr Sonoiki is an astute banker with two decades' experience in Banking operations, Treasury (foreign and local) and Marketing, having worked at various times at Sterling Capital, Marina International Bank Limited, First City Monument Bank Plc and Heritage Banking Company Limited. He is a Fellow of the Institute of Credit Administration and the Institute of Credit and Collection Management; an Associate Member of the Chartered Institute of Bankers of Nigeria and Scotland and the Nigeria Institute of Management. He has attended courses within and outside Nigeria including the Lagos Business School; Goldman Sachs, London; Bangor Business School, England and Harvard Business School. He is currently the Chief Executive Officer of Noik Energy Limited.

MR HAKEEM OGUNTOLA

Hakeem graduated with a first class honours degree in Agricultural Economics from Obafemi Awolowo University, Ile-Ife and also holds an M.Phil from the same institution. He is a member of different professional accounting bodies in Nigeria, Canada and United Kingdom and has won many academic laurels.

MR OLUFEMI ASENUGA

Job Titles:
  • DIRECTOR
Olufemi Asenuga holds a Master of Science Degree in Business Administration and a bachelor's degree in Insurance from the University of Lagos. He is an Associate of the Chartered Insurance Institute, Nigeria. Femi was the best-graduating student in the finals of the B.Sc. Honours Insurance Examination. He won the Femi Johnson & Co. prize as well as the Unity Life & Fire Insurance Company award for being the best overall graduating student in the Department of Insurance for 1989/1990 session. Mr. Asenuga started his insurance career with Metropolitan Trust Insurance Company in 1993. He joined Custodian and Allied Insurance in 1995 as a pioneer staff and Assistant Manager in the Technical Department. He joined Mutual Benefits Assurance Plc in 1997 as a Deputy Manager in the Technical Department. He rose through the ranks and was seconded to the Life subsidiary in 2007 as the pioneer Managing Director a position he held until his appointment as Managing Director of the Company in December 2019.

Mr. Soye Olatunji

Job Titles:
  • Chartered Accountant
Mr. Soye Olatunji is a Chartered Accountant with a bachelor's degree in Chemical Engineering and an MBA from the University of Lagos. He has over 30 years of cumulative experience in audit and tax consultancy, accounting, and general management. He was General Manager, Best Oils Limited Ibadan, Oyo State and Finance Director, Vitamalt Plc, Agbara Industrial Estate, Ogun State. He joined Ventures & Trust Limited (V&T) as Managing Associate and Chief Financial Officer in 2003. He joined Mutual Benefits Group in 2007 as Executive Director, Corporate Planning and Investment from where he left as Group Finance Director, to establish Mutual Exploration and Production Limited, in 2013. He is an alumnus of SAID Business School of University of Oxford where he attended the Oxford Advanced Management & Leadership Programme.