Company Profile

PARALLEX MICROFINANCE BANK LIMITED

BOARD OF DIRECTORS

The Company’s overall corporate policy is determined by a Six member Board of Directors which is chaired by Dr. 'Deola Okeowo. The Board takes decisions on policy matters aimed at meeting the Company’s goals and objectives.

 

Dr Deola Okeowo – Chairperson (MBBS)

She attended University Of Lagos, College Of Medicine, Lagos where she bagged a degree in Medicine and Surgery in 1994. She is a Director, CEO and Chairman of many business concerns both within and outside Nigeria with over 14 years of experience. Dr 'Deola Okeowo directs a vibrant arm of BLW Inc. She presently leads the International School of Ministry in South Africa.

 

Pastor Modupeade Isesele (NIM)

Pastor Modupeade Isesele is a professional with several years of experience in commercial Banking. She graduated from the University of Benin in 1988 with a B.Sc in Economics/Statistics. She is also an Associate Member of the Nigerian Institute of Management.

 

Mrs. Ibidolapo Babasola Layode (B.SC, ACA)

Mrs. Layode is an accomplished Banker and Entrepreneur. She holds a degree in Mathematics from the University of Ibadan. She is an Associate Member of the Institute of Chartered Accountants of Nigeria. She is currently the CEO of The Haven Oil and Gas Limited.

 

Mr. Vale Odu-Thomas

Mr. Vale Odu-Thomas is a professional with several years of experience in Quantity Surveying. He graduated from the Obafemi Awolowo University with a B.Sc in Quantity Surveying. He has pioneered several businesses amongst which are Quartz Ventures Limited.

 

Rev Tom Amenkhienan

Rev. Tom Amenkhienan is graduate of Bendel State University (now Ambrose Alli University). He graduated with a B.SC in Sociology in 1989. He is a member of the Central Executive Council, Believers LoveWorld Inc. He is also the Director, Church Ministry & Organization, Believers LoveWorld Inc.

 

Mr.  Olufemi Akintayo Otenigbagbe (MBA, CRISC, CFE, CICA, MNIM, ACEN, MIACP) Managing Director/CEO

He is a professional and a highly qualified Manager offering more than Eighteen years (18) years of working experience in the job market. He is a graduate of University Of Lagos. He also has an MBA in Business Administration (with specialization in Finance) from the same University. He is results – focused and an effectual leader with a special talent for pro-actively identifying and resolving problems. He is a member of various professional bodies, some of which is Association of Certified Fraud Examiner (ACFE), ISACA, IRM.

 

Management and Staff

The company’s management team is led by Mr. Olufemi Otenigbagbe who is the Managing Director. He oversees the day to day running of the business of the Company. He is ably supported by key management staffs who have distinguished themselves in various areas of specialization.

 

Mrs. Cynthia Emmanuels – Head, Strategy and Credit Monitoring (B.SC, FAAPM)

She is a graduate of Estate Management from Abia State University. She has acquired a remarkable 12 years working experience in Finance Operations. She is a Fellow of the American Academy of Financial Management.

 

Mrs. Abimbola Oreoluwa Akande- Credit Risk Management & Marketing (B.SC)

Mrs. Akande is a graduate of Business Administration from the University of Benin where she bagged a degree in Business Administration in 1998. She has over 10 years working experience in the banking Industry.

 

Mr. John Samuel – Head, Financial Control (HND, ACA)

Mr. Samuel is a graduate of The Polytechnic, Ibadan where he got his HND in Accountancy in year 2000, He has over 4 years banking experience. He is a member of Institute of Chartered Accountants of Nigeria. He has attended several courses which includes accounting software training and internal audit courses.