Governance Structure

AMCON’s leadership exemplifies the very best financial professionals of high repute, creating a unique blend of asset management talent and experience.

• 

  Mr Gbenga Alade
  Managing Director / CEO AMCON
  x

   

  

  Until his appointment on February 22, 2024, by the Commander-in-Chief of the armed forces of the Federal Republic of Nigeria, President Ahmed Bola Tinubu GCFR, as Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Gbenga Alade served as the Managing Director/Chief Executive Officer of Guaranty Trust Bank (UK) Limited – a position he held for the past six years prior to the announcement.

  Alade arrived AMCON as a thorough-bred banking professional with over three decades of experience and expertise in Corporate Banking, and Commercial Lending, Management and Business Re-structuring, Investment Banking, Turnaround Management, Product Development and Marketing, Portfolio Management, Enterprise Risk Management and Risk Modelling, Regulatory Compliance, Project/Programme Management, Process Re-engineering, Business Development and Competitive Strategy, amongst other competences.

  He also distinguished himself as an astute leader and manager of human and material resources when he also served as Managing Director/CEO of Guaranty Trust Bank, Sierra Leone Limited from January 2014 – December 2017, where he managed the Bank to become the number one bank in Sierra Leone in profitability and efficiency in service delivery for four years. In the process he won the Best Bank Award in Sierra Leone for 2014, 2015, 2016 and 2017. He was also voted the Banker’s CEO of the year award in 2014, 2015 and 2016.

  Alade holds a First Class Bachelor of Science in Finance from the University of Lagos (UNILAG), and Master’s of Science in Finance from the same institution. He is a Fellow/Honorary Senior member of the Chartered Institute of Bankers of Nigeria (CIBN). He also holds professional qualifications in Project Management (Prince2 & PMP), and a Certified Enterprise Risk Management Professional (CERMP) from Canada.

  With over 35 years of banking experience, he arrives AMCON as a strategic thinker with great leadership skills with a track record of business turnaround and management for stability and profitability. He has worked with various financial institutions in Nigeria and other countries including Assetmix Incorporated, Ontario, Canada; Intercontinental Bank Plc, Lagos; Bank of Montreal, Toronto, ON; Societe Generale Bank; Citizens International Bank Limited and the Citibank Group.

  He has over the years attended several trainings locally and internationally including Competitive Strategy programme of INSEAD Business School Singapore; Certification in Enterprise Risk Management, Canada; Prince2Project Management Practitioner of United Kingdom; Operational Risk Management & Audit-Euromoney Training, Winsdor, United Kingdom; Managing Successful Projects by AMP Group, Buckingham, United Kingdom; Executive Team Building by Symlog Consulting Group, San Diego, United States of America as well as International Corporate Finance, the New York Institute of Finance, USA amongst others.

  He is married with children.

• 

  Mr. Lucky Adaghe
  Executive Director, AMCON
  x

   

  

  Mr. Lucky Adaghe who recently was appointed to serve as Executive Director at Asset Management Corporation of Nigeria (AMCON) by the Commander-in-Chief of the armed forces of the Federal Republic of Nigeria, President Ahmed Bola Tinubu GCFR, is a first-class material from the University of Lagos (UNILAG), a visionary leader, and chartered accountant with over 30 years of experience in various areas of finance and accounting.

  Prior to his appointment, he has served in different management capacities in different financial institutions in Nigeria and outside of the country including holding the position of Finance Analyst with Maple Leaf Food Incorporated, Mississauga, Canada from 2015 till his appointment; Assistant General Manager, First Bank of Nigeria Plc; Principal Consultant, Lucky Adaghe & Associates Limited, and Senior Manager Enterprise Bank Limited just to mention a few.

  He is a Fellow Chartered Accountants (FCA) with the Institute of Chartered Accountants of Nigeria. Adaghe has a strong background in accountancy practice, bookkeeping, consulting, financial institutions management, global custody, banking & finance, customer service, key accounts & relationship management, amongst other competences. Having trained with a top accounting firm of Akintola Williams Deloitte & Touche, Adaghe acquired exceptional experience in anticipating, identifying, and resolving complex issues. He has also honed his skills in planning, organization, people management and meeting deadlines.

  Armed with M.Sc. Physics (with Distinction), and B.Sc. Physics (First Class) both from the prestigious University of Lagos (UNILAG), Adaghe brings to AMCON a unique perspective to financial analysis and forecasting. Throughout his career, Adaghe has demonstrated his talent for raising funds from foreign and local sources, as well as his strong relationship and investor relations management skills. He has a proven history of improving group profitability and productivity through coaching and inspiring colleagues and staff to exceed expectations.

  Adaghe is well-versed in financial control frameworks, forecasting, budgeting, and analysis tools such as SAP, Blackline, vlookup, and pivot tables. He is a member of so many professional bodies within and outside Nigeria including Vice Chairman and an Executive Committee member of the ICAN Canada District Society; Fellow Chartered Accountant (FCA), ICAN, amongst others.

  He is married with children.

   

• 

  Mr. Adeshola Lamidi
  Executive Director, AMCON
  x

   

  

  Prior to his appointment as Executive Director at Asset Management Corporation of Nigeria (AMCON) by the Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria President Bola Ahmed Tinubu, GCFR, Mr. Adeshola Lamidi was working as a highly experienced finance expert in Investment Banking and Risk Management spanning almost three decades.

  Adeshola Lamidi joined AMCON in 2012, he worked in several departments within the Corporation (Credit Administration, Enterprise Risk Management, Loan restructuring, Strategy department and Asset Management Partners). He was as an Assistant Vice President (AVP) at AMCON from 2016 until his recent appointment. Adeshola Lamidi a highly motivated and dedicated persona, was Head, Loan Recovery, Asset Management Partners (AMP), a debt recovery scheme initiated by him as technical Assistant to the then Executive Director (Credits). This demanding role enabled Adeshola Lamidi to assist Executive Management in evaluating exit strategies; monitor performance necessary to settle defined debt obligations while making substantial contributions to the Resolution/ Enforcement Directorates.

  As technical Assistant to the Executive Director (Credits) he provided intelligent support on technical issues to the Executive Director on matters sent to stakeholders for guidance and to be considered in Management Committees and Boards; prepare responses on the key issues raised by the Executive Director relating to the day-to-day matters of the Corporation especially those relating to the Credit Directorate at the time with over 8,000 EBAs and a portfolio size of about N1trillion under management, and contributed immensely to the various committees in the Corporation, amongst others. Before joining AMCON, he worked for global financial institutions, including JP Morgan Chase in New York, Prudential Securities New York, and KPMG LLP Washington, specializing in Asset-backed Structured Finance.

  Adeshola Lamidi’s academic foundation was laid at the esteemed Government College Ibadan, Oyo State from where he then advanced to the University of Westminster in the United Kingdom, where he graduated with a Bachelor’s Degree in Mathematical Science (2:1). His pursuit of knowledge led him to the prestigious Ivy League school at Columbia University in New York, where he obtained a Master’s Degree in Applied Statistics with a focus on Finance. Further academic accomplishments include a second Master's Degree in Financial Risk Management from the University of Reading in the United Kingdom.

  Adeshola Lamidi’s strength lies in restructuring/managing Non-Performing Loans (NPLs) and implementing effective risk mitigation strategies. His track record aligns perfectly with AMCON's mission to revive the financial system by resolving Non-Performing Loan assets. Adeshola's deep understanding loan resolution, financial risk management will enable him to effectively recover Non Performing Loans ensuring the efficient realization of loans acquired by AMCON.

  Adeshola Lamidi's strong academic background and extensive experience in Loan resolution and Risk management no doubt has well-equipped him to drive AMCON's objectives and contribute to the continued success of the organization in fulfilling its statutory mandate.

  He is married with children.

• 

  Dr. Aminu Mukhtar Dan’amu
  Executive Director, AMCON
  x

   

  

  Dr. Aminu Mukhtar Dan’amu who recently was appointed to serve as Executive Director at Asset Management Corporation of Nigeria (AMCON) by the Commander-in-Chief of the armed forces of the Federal Republic of Nigeria, President Ahmed Bola Tinubu GCFR, is a highly accomplished and respected professional with a wealth of experience in finance, economics, and public policy.

  Armed with a strong educational background that includes a Doctorate in Business Administration, Masters degrees from Harvard Kennedy School, and an MBA from Bayero University, Dr. Aminu brings to AMCON a distinctive blend of academic knowledge and practical expertise to his role as Executive Director of the AMCON, a debt recovery agency of the Federal Government.

  Throughout his career, Dr. Aminu has held key positions in both the public and private sectors, where he has successfully implemented policies and strategies to drive economic growth and development. His tenure as Honourable Commissioner of Finance and Economic Development for Kano State for over a decade, as well as his roles as Economic Adviser to two Executive Governors of Kano State, have equipped him with invaluable insights into governance, leadership, human capital, and strategic management.

  Having worked with the Bureau of Public Enterprises as a privatization expert, Dr. Aminu has also made significant contributions to the growth of the Nigerian economy, having successfully concluded major deals such as the privatization of Nigerdock Nigeria Plc., and the West African Refinery Company Limited amongst others thus demonstrating his avid ability to navigate complex transactions and deliver results in challenging environments.

  Currently serving as the CEO/Partner of Crimson Consulting Limited and President of RAHIN Group, before his appointment by President Tinubu, Dr. Aminu has continued to make positive impact in the business world through his expertise in policy formulation, leadership, and management. His dedication to public service and commitment to improving the lives of others are reflected in his numerous accolades and achievements, including his recent honorary Doctorate Degree from the London Graduate School – Commonwealth University.

  As an Executive Director of AMCON, Dr. Aminu Mukhtar Dan’amu is poised to leverage his vast experience and deep knowledge of finance and economics to drive AMCON, which was created to be a key stabilizing and re-vitalizing tool aimed at reviving the financial system by efficiently resolving the non-performing loan assets of the banks in the Nigerian economy. His proven track record of leadership, integrity, and innovation no doubt distinguished him as a valuable asset to the Executive Team, and a key contributor to the overall success of the Corporation.