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Board of Director

Our directors are people of proven repute, they are :

 

MR. JOSEPH ADELEKE OYEDEJI - Chairman

Mr Joseph Adeleke Oyedeji, a veteran of the accounting profession and seasoned administrator, is the incumbent Chairman of Legend Microfinance Bank Limited. Mr Oyedeji completed his secondary education in 1961, at the Saint Augustine Model Secondary School, Inisa, Osun State. He also attended Royal Commercial College, Osogbo from 1963 to 1965 and obtained Royal School of Arts (RSA United Kingdom), stages 1, 2 & 3 in Book Keeping, Accounting and Commerce (International Trade).

He is a fellow of Association of International Accountants (FAIA) and Association of Certified and Corporate Accountants finalist. He worked as a Production Accounts Clerk with Pan Electric Nigeria Limited (a division of UAC) in 1967. He was with the company till 1969 before he joined Cocoa Industries of Nigeria Limited in the same year as Senior Wages Clerk. He was with the company till 1970 and left for Continental Motors and Engineering Limited as a Senior Accountant.

He worked for the company for three years and in 1973, joined Shell-BP Petroleum Development Company Limited as a Management Accountant. He was with the company for four (4) year to 1977 before he joined ENI-Saipem Nigeria Limited as Chief Accountant and Administration Manager. He retired in 1995.

MR. IDOWU OSUAH AJAYI – Managing Director

Mr. Idowu Ajayi was born in Lagos on August 24, 1964. He competed his General Certificate of Education GCE O/L in 1984 through private studies. In 1996, he qualified as an Associate of the Chartered Institute of Bankers of Nigeria and later proceeded to Olabisi Onabanjo University, Ago-Iwoye, Ogun State obtaining a B.Sc. (Hons) in Banking and Finance in 2000.

He was admitted as an Associate member of the Nigerian Institute of Management (Chartered) in 2004. Mr Ajayi also holds a Masters of Business Administration (MBA) with specialisation in Marketing from the Ladoke Akintola University of Technology, Ogbomosho. He has working experience spanning over 26 years and covering accounting, banking and finance and administration. His working career started in 1981 as a Clerk with Savannah Bank of Nigeria Plc and in 1993 left as an Officer to join Victory Savings and Loans Limited as a Deputy Manager. He left in 1996 join the accounting and audit firm - Akinlolu Fayinminu & Co. where he worked until 2001 when he was engaged as an Accountant with Inisa Community Bank Limited (the precursor to Legend Microfinance Bank Limited).

He later became the Manager of the bank and was appointed to the position of Managing Director/Chief Executive Officer of Legend Microfinance Bank in 2008.

ALHAJI TIJANI AFOLABI ADEGBITE - Director

Alhaji Tijani Afolabi Adegbite is a seasoned business executive and public administrator. He attended Ansar Ud-Deen Secondary Modern School, Inisa, Osun State between 1961 and 1963; Community Development School, Shasha Olumogo, Ijebu Ode from 1965 to 1966 and Rapid Results Correspondence College, London from 1967 to 1971 and obtained Social Workers Certificate, GCE O/L respectively. He obtained a Bachelor of Science (B.Sc) Honors in Sociology in 1974 and Master of Business Administration (MBA) in 1989 both from the prestigious University of Ibadan.

He started his working career with Ministry of Social Development, Western Region, Ibadan as a Social Development Worker and was with the Ministry from 1966 to 1971. After completing the mandatory National Youth Service Corps (NYSC) assignment, he joined the Nigeria Customs and Excise Department as an Assistant Preventive Superintendent (APS) in 1975 and left the same year for Ministry of Finance and Economic Development, Western Region, Ibadan where he worked until 1977 as Inspector of Taxes. Alhaji Adegbite joined Nigerian Tobacco Company Plc as a Divisional Marketing Manager in July 1977.

He worked for the company for Nineteen (19) years rising to the position of Regional Marketing Manager (North and South) before he retired in 1996. For two terms running, he was the Chairman of the National Association of Community Banks (Osun State Chapter) between 2005 - 2008 where he was instrumental to the conversion of virtually all the Community Banks in Osun State to Microfinance Banks. He has held several positions at the Community level.

He is the pioneer Chairman of Inisa Community Bank Nigeria Limited. He is a Fellow of both the Institute of Marketing of Nigeria and the Nigerian Institute of Management (Chartered). He is also Executive Chairman of Ero-Onibode Nigeria Limited.

ENGR THOMAS ADEDOKUN OYEDARA - Director

Engineer Thomas Adedokun Oyedara is a distinguished public administrator who journey to public service started at St. Augustine’s Catholic School, Inisa in 1952. Engr. Oyedara also attended St. David’s Secondary Modern School, Ile-Ife from 1959 to 1961; St. Charles Grammar School, Osogbo from 1962 to 1965 and Federal School of Science, Onikan, Lagos from 1966 to 1968.

He graduated from the University of Birmingham, Birmingham, England, United Kingdom in 1974 with a Bachelor of Science (B.Sc) in Chemical Engineering and in 1975 crowned his education with a Master of Science (M.Sc) degree in Technology from the University of Manchester, Institute of Science Technology, Manchester, United Kingdom. He is an Associate Member, University of Manchester, Institute of Science and Technology and member of Chemical Engineering Society of Nigeria. He started his working career with COCOA Research Institute of Nigeria, Ibadan as an Agricultural Assistant in Training in 1966 and rose to the position of Laboratory Analyst before he left in 1970. In 1976, he joined the services of Government of the present Osun State then Oyo State as an Industrial Officer GD.II in the Ministry of Commerce, Industries and Cooperatives.

He rose to the position of Deputy Director in the ministry. Due to his exceptional performance in the Ministry, he was deployed to the Directorate of Foods, Roads and Rural Infrastructure (DFRRI) as a Director and later moved to another Director position in the office of the Governor at the Directorate of Rural Development, DRD. He retired from active public service in 2000. At several times, he has held different positions within the Inisa Descendants Union (his home town) as the Chairman of the Union and also play an important role in the religious circle. He is also the Executive Chairman of Daramol Nigeria Limited.

ALHAJI MURITALA AYORINDE BABATUNDE - Director

Alhaji Muritala Ayorinde Babatunde attended St. Augustine Catholic Modern School Inisa obtaining a Modern School Leaving Certificate in 1972. He later sat/passed the General Certificate of Education (GCE) O/Level in 1983; the GCE A/Level in 1987 and Part I and II (Section I) certificate of the Chartered Institute of Bankers of Nigeria in 1988. Alhaji Babatunde also attended Kwara State Polytechnic where he obtained a Higher National Diploma in Banking and Finance in 1997 and holds the certificate Data Processing and Management Information System from the University of Ilorin Computer Centre obtained in 2001.

He went further in his quest for education by completing a Masters degree in Business Administration in 2003 at the University of Ado Ekiti. He started his working career with U.A.C. Nigeria Plc, Lagos as a Sales Representative (Technical) in 1978 and left in 1979 for Central Bank of Nigeria where he worked for 26 years retiring in 2005 as the Acting Manager, Facility Management Department. Alhaji Babatunde became an entrepreneur post-retirement and now runs his own business ventures.

ALHAJI RASHEED ADEREMI ADEGOKE - Director

Alhaji Rasheed Aderemi Adegoke is a seasoned business executive with extensive experience in the Financial service industry. He completed his secondary school education with an “All-A” results in 1986 from the Government College, Kaduna and later graduated from the University of Ibadan with a First Class honours Bachelor of Science degree in Computer Science from the University of Ibadan in 1990. Alhaji Adegoke later completed an Executive MBA program at the IESE Business School, University of Navarra, Barcelona, Spain through the prestigious Lagos Business School in 2001.

He has over eighteen years of experience spanning Information Technology, Banking Operations and Management consulting. Alhaji Adegoke started his career with Fidelity Bank as an Executive Trainee in the Management Information Systems department. He later worked for Computer Systems Associates as Software engineer and product manager between 1993 and 1995; PricewaterhouseCoopers as a Senior consultant between 1995 and 1999. Alhaji Adegoke returned to the Banking industry after leaving PwC in 1999 working at senior management levels within the operations and information technology functions of leading banks in Nigeria.

He has been involved in a number of turnaround projects within the banking industry both as a consultant and as a member of a turnaround management team. During the banking consolidation process, he was a key member of the management team that integrated one of the largest merger arrangements in the history of corporate Nigeria. Alhaji Adegoke joined the board of Legend Microfinance Bank in 2007.

 
 
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