Our Directors
Biodun Arokodare
Chairman
Biodun Arokodare

Biodun Arokodare is a Director at First Ally Capital with a distinguished career spanning banking, accounting, and financial management. A graduate of the University of Nigeria, Nsukka, he holds an MBA in Management and Finance from the University of Lagos and a PhD in Strategic Management from Babcock University.
His career highlights include serving as Group Executive Director at the Nigerian National Petroleum Corporation (NNPC), where he coordinated finance, treasury, and accounting functions. His expertise has been critical in developing strategies that drive organisational growth and financial sustainability.
He has attended many management development courses in INSEAD, Singapore, The Wharton Business School, University of Pennsylvania, where he is an Aresty Scholar, and Harvard Business School, Boston, USA.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Association of Chartered Certified Accountants (FCCA), Dr Arokodare is renowned for his ability to navigate complex financial landscapes and deliver impactful results.
Olumayowa Ogunwemimo
MANAGING DIRECTOR
Olumayowa Ogunwemimo

Her career began at First Securities Discount House (now FSDH Merchant Bank), where she excelled in risk management and investments before serving as Managing Director of FSDH Asset Management for nine years. Her ability to develop innovative investment strategies and foster strong client relationships has been a hallmark of her career.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), she holds a degree in Accounting from Obafemi Awolowo University and is an alumna of Lagos Business School’s Senior Management Programme. She has attended numerous leadership and investment management courses, underscoring her dedication to professional excellence.
Ebenezer Olufowose
Non-Executive Director
Ebenezer Olufowose

Edwina Ugwu
Executive Director, Client Coverage & Sales
Edwina Ugwu

Edwina Ugwu is the Executive Director, Client Coverage and Sales at First Ally Asset Management (FAAM), where she oversees client engagement and wealth management strategies. With over 15 years of experience, she has a proven track record of delivering innovative financial solutions and fostering strong client relationships.
Prior to her current role, she served as Senior Vice President, managing FAAM’s Abuja office and providing strategic leadership for wealth advisory services. Her career also includes significant contributions at Xcellon Capital Advisors and Marina Securities, where she specialised in stockbroking, investment management, and client services.
She holds an Executive MBA from Lancaster University and a law degree from Enugu State University. She is an alumnus of the Institute of Management Development (IMD), Switzerland. She is a Fellow of the Association of Corporate Governance Professionals of Nigeria and a passionate advocate for data-driven decision-making and governance excellence.
Segun Omidele
Non-Executive Director
Segun Omidele

Amina Ibrahim
Independent Non-Executive Director
Amina Ibrahim

Amina Ibrahim is a Director at First Ally Asset Management, First Ally Trust Microfinance Bank and a Partner at Udo Udoma & Belo-Osagie, where she leads the Abuja office and oversees the firm’s practice in Northern Nigeria. With over fifteen years of experience in practice, she specialises in corporate advisory, regulatory compliance, and government relations, providing strategic counsel to a diverse portfolio of multinationals, public institutions, and government agencies. Known for her expertise in navigating complex regulatory landscapes, she has earned a reputation as a trusted advisor in high-stakes negotiations and intricate compliance investigations.
Her leadership has provided valuable insights that have shaped policies across key sectors reinforcing her role as an industry leader and she is committed to driving sustainable change within the industries she serves. Her approach combines legal acumen with strategic insight, ensuring clients receive impactful solutions in compliance investigations and dispute resolution. Her legal expertise is complemented by a forward-thinking approach, combining strategic insight with practical solutions to achieve her client’s objective. A passionate advocate for diversity and inclusion, she is committed to empowering the next generation of legal professionals, particularly women, by mentoring young lawyers and actively promoting equal opportunities within the legal profession.
A graduate of Ahmadu Bello University with an LL. B, she is a member of the Nigerian Bar Association. With an unwavering commitment to excellence, she continuously contributes to the broader discourse on regulatory compliance and government policy development in Nigeria. She relentless pursuit of excellence and strategic insights strengthens First Ally’s governance and operational standards.
Nelson Alino
Independent Non-Executive Director
Nelson Alino

Nelson Alino is a Director at First Ally Asset Management with over three decades of experience across banking, public accounting, academia, corporate governance, and financial management. A highly regarded finance and strategy professional, he brings deep expertise in internal controls, regulatory compliance, and risk management.
He has held distinguished roles including Pro-Chancellor and Chairman of Council at the University of Agriculture and Environmental Sciences, Founding Deputy Vice-Chancellor at Wigwe University, and Interim Associate Dean at Quinnipiac University, USA. Earlier in his career, he served at United Bank for Africa (UBA) as Internal Control Coordinator and at African Continental Bank as Manager, Final Accounts and Fixed Assets.
Professor Alino holds a PhD in Accounting from the University of South Carolina, MBA and BSc degrees in Accounting from the University of Nigeria, and has completed executive education at Harvard University, MIT Sloan, and other global institutions. He brings extensive expertise in corporate governance, risk management, regulatory compliance, and financial oversight to the Board.
