About Us >> Board of Directors

 Fola Adeola Chairman
Fola Adeola is the Founder and Chairman of FATE Foundation, a non¬governmental organization in Nigeria which is dedicated to encouraging the creation of wealth through entrepreneurship. Mr. Adeola is also the founder and first Managing Director/CEO of Guaranty Trust Bank, Plc. He ran the bank from inception until March 2003, during which period he firmly established the institution as a strong and credible bank. Guaranty Trust Bank has grown to become one of Nigeria's largest and most profitable companies

In 2004 he was appointed the pioneer Chairman of the National Pension Commission, following the promulgation into law the Pension Bill (principally), manufacturer of personal computers in Nigeria. He is a Director of UTC Plc. He was a Council member, and is Fellow of the Institute of Chartered Accountants of Nigeria; member of the Institute of Directors of Nigeria. Internationally, he serves as a member of the Global Advisory Committee on Philanthropy at the World Economic Forum. From 2004-2005 Mr Adeola was also a Commissioner on the Commission for Africa established by the British Prime Minister, Mr. Tony Blair.

Hajara Adeola Founder/CEO/Managing Director
Mrs. Adeola comes to Lotus Capital from UBS Warburg where she was a Director heading their London Islamic Finance Desk. Her responsibilities included structuring and trading Islamic Finance investment instruments for European private clients and multi currency money market instruments for institutional clients (UK private banks). She was also responsible for structuring innovative Islamic Finance instruments to meet evolving client requirements and liaising with the Shari'ah consultants for approval. Prior to joining UBS, she was a Convertible Bond Research Analyst at BNP Paribas, London where her primary responsibility was to analyse, write and publish daily and quarterly research on European convertible bonds. This research was published on Bloomberg and distributed to BNP Paribas' worldwide institutional convertible client base daily. In addition, Mrs Adeola structured and priced primary convertible bond issues for corporate clients and gained invaluable experience in the over the counter structured finance field. Mrs Adeola began her career as a consultant at Andersen Consulting (now Accenture). From there she joined ARM Investment Managers as a pioneer staff and rose to Vice-President and Head of the Research and Financial Advisory Units. Her responsibilities included equity research, trading and investment management of global equity portfolios and financial advisory assignments (feasibility reports, business plans, project management and fund raising). In all, Hajara Adeola has over 10 years of international experience in research and analysis, investment management and corporate finance.

Mrs. Adeola holds an MSc in Finance (1st Class honours) from Durham University where she specialized in Islamic Finance. She also holds an MBA in International Management from Exeter University and a BSc in Pharmacology from King’s College, London. She speaks English, French and Spanish.



Mrs Lateefah Okunnu Director
Mrs. Lateefah Okunnu is a retired Civil Servant with a wealth of administrative experience. After a fulfilling career in both the Lagos State and the Federal Civil Service, Mrs Okunnu reached the pinnacle of her career in 1986 when she was appointed a Permanent Secretary and later Director General in the Political Affairs Office of the Cabinet Office. In 1990, she was appointed Deputy Governor of Lagos State and later Chairman Caretaker Committee of the National Republic Convention (NCR) till 1993 when the Party's Executive Council took over. She retired from the Federal Civil Service in 1994.
Mrs Okunnu is a founding member and one time National Amirah of the Federation of Muslim Women's Associations in Nigeria (FOMWAN). She is presently the Assistant Secretary General for Africa of the newly established International Muslim Women's Union as well as the National Coordinator of Muslim League for Accountability (MULAC), a body established for championing transparency and accountability in the private and public lives of Muslims and in the Nigeria society at large. Mrs. Okunnu holds a Diploma in Education and a BA (Hons) Geography.

Mr Muhammad Nuruddeen Lemu Director

Mr Lemu is the Assistant Admin Secretary and Welfare Projects Inspector of Islamic Education Trust, Minna, Niger State. He is also Assistant Director and Research Supervisor, Dawah Institute of Nigeria. Mr Lemu is the Technical Adviser, Nigerian Environmental Society, Niger State branch and Adviser to the Voice of the Voiceless Network, Minna and Patron and Co-Patron of the Survival Club and Charity Club respectively, New Horizons College, Minna.
Mr. Lemu is a Director of several organizations. He has been engaged in inter-faith dialogue all over the world including Liberia, UK, Gambia, Australia, Philippines, New Zealand, Sri Lanka, Bahrain and Nigeria. He has been a frequent guest speaker on radio programs both domestically and abroad and moderated television programs.
Mr. Lemu is a prolific writer with numerous published works in the area of Religion and inter-faith understanding and dialogue. Mr. Lemu is proficient in English, Arabic, Hausa and Nupe. Mr Lemu holds an MSc. Resource Management from Edinburgh University, U.K. and a B.A Agriculture from Ahmadu Bello University Zaria, Nigeria.

Mrs Amina Oyagbola Director
Mrs Oyagbola is the Corporate Services Executive of MTN Nigeria Communications Limited where she has oversight responsibility for Government and Regulatory Affairs, Commercial/Legal, the Company Secretariat and Corporate Communications. She obtained an LL.B (Hons) from Ahmadu Bello University, Zaria, Nigeria, an LL.M from Cambridge University, UK, and also holds an MBA from Lancaster University Management School, UK. Her long and distinguished career spans legal practice with Chief FRA Williams Chambers, Banking with Crystal Bank and UBA where she was successively Legal Adviser, Head, Human Capital Division, before setting up and heading the Private Banking Division; and finally the Oil sector with Shell Petroleum Development Company as Head, HR Strategy, Standards and Business Planning prior to her current position with MTN. She is also Executive Director of the MTN Nigeria Foundation, which is a non-profit organization set up by MTNN to drive its aggressive Corporate Social Responsibility agenda.

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