VFD Group gets new ED, Finance

The Board of Directors of VFD Group Plc. has appointed Mobolaji Adewumi as Executive Director, Finance.

The appointment is subject to the approval of shareholders at the next Annual General Meeting (AGM).

Adewumi holds a B.Sc. in Management and Accounting from the Obafemi Awolowo University, Ile Ife and an MBA specialising in Finance from the Judge Business School, University of Cambridge.

He is a member of the Association of Chartered Certified Accountants (ACCA) with over 10 years post-qualification experience.

Prior to joining VFD Group Plc., he worked with the Managing Director of First Bank of Nigeria Limited. He was also Special Adviser to the Managing Director of ASO Savings and Loans Plc. while doubling as Head of Strategy.  He worked with regional and global leaders in the financial services sector, such as the United Bank for Africa and KPMG Nigeria.

As Executive Director of VFD Group, Adewumi will be leading Strategic initiatives which includes the organisation’s regional banking project, the proposed listing of VFD Group on the Nigerian Stock Exchange, the floating of the proposed VFD Group Bond, etc. and generally strengthening its board for enhanced governance.

This appointment further underlines the ambition of VFD Group Plc. to become the foremost financial solutions brand in Africa.