about us

We are a financial securities trading company

Financial Trust Company Nigeria Limited (FTC) was incorporated in Nigeria on the 11th of May, 1976 under the Companies Act 1968 and is privately owned. It was duly licensed to carry out stockbroking business having been admitted to dealing membership of the then Lagos Stock Exchange (Now The Nigerian Stock Exchange) in 1977. The Company is one of the leading stock brokerage firms in Nigeria, being the FIRST indigenous stockbroking company, FTC has been very active as one of the leading operators in capital market and has on several occasions acted as broker to the Federal Government development stocks. It has also acted as stockbroker as well as an issuing house to government parastatals, many notable reputable insurance companies and industrial firms. The company has a solid asset base of over =N= 2 billion.

Our focus is on growth

Our experienced team of traders provide unique insights into Nigerian equities by leveraging relationships and their deep knowledge of the market.

We are tested and trusted

Financial Trust Company was duly licensed to carry out Financial Securities Trading functions. We were admitted to Dealing Membership of the then Lagos Stock Exchange in 1977, now known as Nigerian Stock Exchange and duly registered with the Securities and Exchange Commission as Broker/Dealer.

BOARD OF DIRECTORS

ALEXANDER OMONIYI AJAYI

Group Managing Director

Mr Ajayi has a bachelor’s degree in Economics from the American University in Washington D.C., a Master degree in Applied Economics from University of Buckingham in the UK and one year of doctoral studies (PhD Economics) at Columbia University, New York. His business background includes stints in the telecommunications, financial services and utilities industries. He is also a director of Cumberland Oil Ltd, a player in the downstream sector of Nigeria hydrocarbon industry and Motorcity Nigeria Ltd (promoting motoring and motor sport development in Lagos, Nigeria). Alexander is a dual Nigerian and Canadian citizen.

ANDREW ADEMOLA AJAYI

Director

He holds a LLB Law from the University of Leicester UK, a Post Graduate Diploma in International Commercial Law from the University of Nottingham UK and MSC Marketing & Business Management from the University of Bedfordshire UK. He worked in various organisations in the UK such as IBM Debenhams and GFK NOP. He returned to Nigeria in 2008 and was called to the Nigerian Bar in 2009. Prior to joining Financial Trust Group, he worked at Templars Barristers and Solicitors, Lagos State Lottery Board and The New Practice Barristers and Solicitors. He has vast experience in Company Secretarial services, Company Law practice, International Trade Finance, Oil and Gas Transactions and Property Law practice.

JANET BOLAJI AFOLABI

Managing Director

She is a qualified Stockbroker and Portfolio Manager. She started her Investment banking career with Altrade Securities Limited where she functioned as the Chief Compliance Officer, Head of Research and Investment. Thereafter, she moved to Network Capital Limited formally Crescent Capital where she headed the trading department as the chief dealer of the company. Presently she is the MD/CEO of Financial Trust Company Nigeria Limited. She holds a Master of Science Degree in Operations Research from University of Lagos and a Bachelor of Science Degree in Business Administration from Olabisi Onabanjo University. She is an Associate Member of the Chartered Institute of Stockbrokers as well as Authorised Dealing Clerk of The Nigerian Stock Exchange.

OGHENOVO EMORHOKPOR

Director

Mr. Emorhokpor is an Executive Director with Siziba International Ltd., an investment and advisory firm that provides investment, expansion and market entry advisory services to African companies or companies looking to enter the African market. Siziba also pursues select investment opportunities in companies targeting Africa’s growing middle class. Prior to co-founding Siziba, Ovo worked at such U.S. companies as Goldman Sachs & Co., America Online (“AOL”) and Chubb Insurance in technology, business development and operations. At Goldman, he led a team that developed some of Goldman’s foreign exchange derivative trading, confirmation, payment and settlement systems that collectively processed over US $1 billion global transactions in her New York, London, Hong Kong and Tokyo offices. At AOL and Chubb, Ovo led several new business development and strategic management initiatives that resulted in several strategic alliances, new revenue streams as well as cost reduction for these companies. Ovo holds an MBA from the Wharton School, University of Pennsylvania and a Bachelor in Computer Science from Rutgers University in New Jersey. Ovo is a Nigerian citizen.

PETER ADEYEMI OLUSANYA

Director

A holder of Higher National Diploma with Upper Credit in Insurance from Lagos State Polytechnic, Isolo and Masters Degree in Business Administration with emphasis on Marketing Management from Lagos State University.

A seasoned Insurer and Administrator with many years of experience, Mr Olusanya served as Managing Director/CEO of Financial Assurance Company Limited from 1996-2004. He was the Acting Managing Director/CEO of Investment and Allied Assurance PLC. He is a Director of an Educational Institution, Adeyemi Private School, Matogbun, Ogun-State. He is also sitting on the Board of the first indigenous stock broking firm, Financial Trust Company Nigeria Limited as a Director. He is a past Chairman of Marine Offices Committee of Nigerian Insurer’s Association and Chairman of Offices Representative Committee of Chartered Insurance Institute of Nigeria. Also, he is the President of UCDA Cooperative and Thrift Society, a platform that is being used to empower less privilege people economically. Mr Olusanya is an active member of various Community Development Associations where he holds various executive positions and Awards of Recognition. A socialite, he is a member of notable clubs including Lagos Country Club, Ikeja. He is happily married with children.

DR. AMINU BABA NABEGU (MNI) FIBM, AMNIM

Director

Aminu Baba Nabegu was born on the 25th May, 1957 in Kano city. He holds a B.sc (Hons) degree in sociology from Bayero University and an M.sc degree in Economics from the Long Beach University, Los Angeles. He is also an Associate member, Nigeria Institute of Management (AMNIM) and fellow of Business Administration (FIBN) Alumni, Association of National Institute of Policy and Strategic Studies.

On completion of his youth service, Nabegu joined the family business (Nabegu Company Nigeria Ltd) in 1985 Aminu Baba Nabegu is a shrewd entrepreneur and business man with a high sense of integrity and commitment and dedication to duty. He sits on the board of several companies in various of the Nigerian economy at various times. He has over 30 years hands on experience of business background in National Environment especially in the local terrain of the Nigerian’s second largest commercial city and industrial hub after Lagos.

He is happily married with wife and children.

Our team of highly rated analysts provide coverage and research on key sectors and macroeconomic insights.

Management Team

JANET BOLAJI AFOLABI

Managing Director

She is a qualified Stockbroker and Portfolio Manager. She started her Investment banking career with Altrade Securities Limited where she functioned as the Chief Compliance Officer, Head of Research and Investment. Thereafter, she moved to Network Capital Limited formally Crescent Capital where she headed the trading department as the chief dealer of the company. Presently she is the MD/CEO of Financial Trust Company Nigeria Limited. She holds a Master of Science Degree in Operations Research from University of Lagos and a Bachelor of Science Degree in Business Administration from Olabisi Onabanjo University. She is an Associate Member of the Chartered Institute of Stockbrokers as well as Authorised Dealing Clerk of The Nigerian Stock Exchange.

LAWRENCE ADEFEMI ADEKOYA

HEAD, OPERATIONS & MARKETING

He is a seasoned professional with over 15 years working experience in Financial Services Industry and he has worked in Three (3) Most Respectable and 1st Tier Banks in Nigeria. He started his banking career with First Bank of Nigeria Ltd in 2001 and he worked in various department of the bank such as Branch Operations, Compliance and Consumer Finance. He joined Guaranty Trust Bank Plc in 2007 to drive their Retail Banking and he worked in various major branches in Lagos Central of the Bank. He advanced his career in 2012 to joined Access Bank Plc and worked in Business Banking Directorate at their various branches as Relationship Manager. He later joined Advans La Fayette Micro-Finance Bank, French internationally owned Micro-Finance Bank as the Pioneer Deposit & Financial Services Manager and he also worked briefly with Electronic Payplus Ltd as Head, Sales & Marketing and Union Commercial Insurance Brokers Ltd as Head, Business Development. He holds B.Sc. Business Administration from Ogun State University, Ago-Iwoye, Ogun State and MBA Management from the prestigious Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria. He is an Associate Member of Nigeria Institute of Management (Chartered). NIM. He is currently the Head, Operations and Marketing of Financial Trust Company Nigeria Ltd.

AMUSAN AKINLOLU IGE

Head Of Accounts

He is a seasoned Chartered Accountant and an Associate Member of ICAN. He holds a BSc. Accounting from Olabisi Onabanjo University, Ago-Iwoye, Ogun State. He had acquired experiences that spanned across many sectors of the economy and occupied various positions among them are; Three Points Manufacturing Company, Lagos as Accounts Manager, Tastee Fried Chicken Lagos as Senior Manager (Internal Audit), Motorway Group of Company, Lagos as Finance Manager and Kay Global Limited (Oil and Gas Service Company) as Finance Manager. He is currently the Head of Accounts for Financial Trust Company

FTC 40th anniversary