about us

We are a financial securities trading company

Financial Trust Company Nigeria Limited (FTC) was founded by the Late Otunba William Olufemi Olateju Ajayi, the Atewogboye of IjebuLand. The Company was incorporated in Nigeria on the 11th of May 1976 under the Companies Act 1968 and duly registered with the Securities and Exchange Commission (SEC). FTC is licensed to carry out stockbroking business having been admitted to dealing membership of the then Lagos Stock Exchange (Now The Nigerian Exchange Limited) in 1977. The Company is also a licensed member of the Financial Market Dealers Quotation Exchange (FMDQ), the National Association of Securities Dealers (NASD), and Lagos Commodities and Futures Exchanges (LCFE).

FTC is one of the leading stock broking firms in Nigeria, being the FIRST indigenous stockbroking company, and is currently rated 2A2 by Dun & Bradstreet, a renowned international credit rating agency. The Company has the full complement of highly skilled and experienced professional Stockbrokers, Chartered Accountants, and Tax Practitioners in its management team. With strong corporate governance driven by its Board of Directors composed of experienced and accomplished technocrats and diplomats.
 has been very active as one of the leading operators in the capital market and has on several occasions acted as a broker to the Federal Government development stocks. It has also acted as a stockbroker as well as an issuing house to government parastatals, many notable 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’s degree in Applied Economics from the 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 Canji Projects ATV FZE, an innovation hub complex to be executed in the FCT, Nigeria and Motorcity Nigeria Ltd (promoting motoring and motorsport development in Lagos, Nigeria). He is a Fellow of the Chartered Institute of Credit Administration and Chartered Institute of Economists. Alexander is married with children.

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.

AUGUSTINE EGBERI

Managing Director

Mr. Egberi is a thorough breed professional, a Stockbroker with over
17years experience hands-on. He is an Associate member of the Chartered Institute of
Stockbrokers, Institute of Chartered Accountants of Nigeria, and Chartered Institute of
Taxation of Nigeria. He holds a Bachelor’s Degree in Biochemistry from the prestigious
University of Benin. He started his career in DAAR Communications Plc as the Head of
Finance in 1998 and was instrumental in the setting up of the Abuja Sub-station Finance
Department. In the quest for excellence and knowledge, he joined Crossworld Securities
Limited in 2007 as Head of Operations and later moved to Cradle Trust Finance & Amp;
Securities in 2009 as Head of Dealing and Compliance. Due to his outstanding performance
and vast knowledge of the Capital Market, Mr. Egberi 2014 was appointed as the Managing
Director of Funds Matrix & Amp; Asset Management Limited. He is currently the Managing
Director of Financial Trust Company Nigeria Limited. He has carried out several research
works on the Nigeria Capital Market. Mr. Egberi is happily married with children.

OGHENOVO EMORHOKPOR

Director

Ovo Emorhokpor is a founding partner at Beta Ventures  a Delaware registered Venture Capital firm operating in Nigeria.

Beta Ventures has two funds under management and fund II is anchored by Triple Jump B.V. out of the Netherlands. It invests in early-stage technology enabled companies. He is also a co-founder and a Director of Siziba International Ltd., a pan‐African investment firm.  Notable investment by Siziba is Amayi  Foods, owners of the popular brands – Toma Peppe, Poi Poi Sauce and Rodo Peppe.

Ovo is a seasoned executive with over 20years experience in senior- level roles in technology and corporate business development in the US and Nigeria.

His past professional experience includes managerial positions at Goldman Sachs, AOL, and Chubb Insurance.

He sits on the boards of Ajo Card, Produce Africa Technologies Ltd., Abia Retail Company (ARCO) Ltd., and Financial Trust Group in Nigeria.

He obtained his B.A Computer Science from Rutgers University in Newark, New Jersey, USA and his MBA in Finance from The Wharton School, University of Pennsylvania, Philadelphia, PA

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.

AMBASSADOR KAYODE GARRICK

Director

AMBASSADOR  KAYODE GARRICK has over 35 years of international affairs experience working with Nigerian embassies in Africa, Europe and the Americas. he has managed various political and economic relationships including trade and investment issues and has served as Nigeria’s Ambassador to Brazil, Bolivia and Paraguay. He was awarded the prestigious Brazilian national honour of Grand Cross of the Order of Rio Branco and is currently serving on the Boards of prominent Chemical and Allied Products plc and as well as Relais Limited. He is the current President of the Policy and Governance Forum,   Abuja and joined the board of Directors of Financial Trust Company Ltd in December 2021.

Our investment Management advisory services team provides Investment Management Solutions and Advisory Services to our various esteemed clients within the Nigeria Capital Market

Management Team

AUGUSTINE EGBERI

Managing Director

Mr. Egberi is a thorough breed professional, a Stockbroker with over
17years experience hands-on. He is an Associate member of the Chartered Institute of
Stockbrokers, Institute of Chartered Accountants of Nigeria, and Chartered Institute of
Taxation of Nigeria. He holds a Bachelor’s Degree in Biochemistry from the prestigious
University of Benin. He started his career in DAAR Communications Plc as the Head of
Finance in 1998 and was instrumental in the setting up of the Abuja Sub-station Finance
Department. In the quest for excellence and knowledge, he joined Crossworld Securities
Limited in 2007 as Head of Operations and later moved to Cradle Trust Finance & Amp;
Securities in 2009 as Head of Dealing and Compliance. Due to his outstanding performance
and vast knowledge of the Capital Market, Mr. Egberi 2014 was appointed as the Managing
Director of Funds Matrix & Amp; Asset Management Limited. He is currently the Managing
Director of Financial Trust Company Nigeria Limited. He has carried out several research
works on the Nigeria Capital Market. Mr. Egberi is happily married with children.

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.

CFO

Head Of Accounts

IGBOEGWU CHINWE MAUREEN

Chief Compliance Officer

She is the Chief Compliance Officer of Financial Trust Company Nigeria Limited
where she started her investment banking career. A portfolio Manager. She
Managed Currency Exchange Limited a sister company to Financial Trust Company
Nigeria Limited where Foreign Currency was traded from Central Bank of Nigeria.
She holds a degree in History and International Relations from Lagos State
University and a Customer Relationship Management from Fosad Consulting.

FTC 40th anniversary