Our Leadership
At Iroko Capital, our Board is composed of seasoned professionals with a wealth of experience across various asset classes. Our members bring a diverse and relevant skill set, ensuring a comprehensive understanding of multi-asset class portfolio management. We pride ourselves on our disciplined approach and balanced decision-making process, which allows us to navigate the complexities of the financial landscape effectively. With a commitment to excellence and strategic foresight, our Board is dedicated to driving sustainable growth and value for our stakeholders.
Ken Ofulue
Founder / Senior Partner
Ken Ofulue
Founder / Senior Partner
Founding partner at Iroko Capital, brings 25 years of experience in advisory, investment banking, and principal investing.
He has led high-impact projects, including the acquisition of Evans Medical Plc and infrastructure financings for Lagos Blue and Red Line Rails. Previously, he founded Rembrandt Advisory, overseeing major asset privatizations like Nitel and Mtel.
With expertise across $5bn+ in transactions, Ken’s background includes senior roles at Ernst & Young and a CPA designation.
He holds a B.Sc. in Actuarial Science & Insurance from the University of Lagos and an M.Sc. from the University of Houston.
He has led high-impact projects, including the acquisition of Evans Medical Plc and infrastructure financings for Lagos Blue and Red Line Rails. Previously, he founded Rembrandt Advisory, overseeing major asset privatizations like Nitel and Mtel.
With expertise across $5bn+ in transactions, Ken’s background includes senior roles at Ernst & Young and a CPA designation.
He holds a B.Sc. in Actuarial Science & Insurance from the University of Lagos and an M.Sc. from the University of Houston.

Tolu Osinibi
Managing Partner

Tolu Osinibi
Managing Partner
Tolu Osinibi is the Managing Partner at Iroko Capital, with over 30 years of experience in investment banking, corporate finance and financial advisory.
He has led transactions exceeding US$15 billion across infrastructure, energy and financial services, advising governments, financial institutions and corporates on capital raising, project finance and restructuring.
Tolu previously served as Group Executive Director at First Ally Capital, Chief Executive Officer of FCMB Capital Markets Limited and founding Managing Director/Chief Executive Officer of FSDH Capital Limited. His earlier career includes senior roles at KPMG Nigeria, Shell’s Nigeria Pension Fund and J.P. Morgan in the UK.
Tolu holds a B.Sc. in Economics from the University of St Andrews, Scotland, and professional qualifications from the Chartered Institute of Stockbrokers, Nigeria, and the Chartered Institute of Public Finance and Accountancy, England and Wales.
He has led transactions exceeding US$15 billion across infrastructure, energy and financial services, advising governments, financial institutions and corporates on capital raising, project finance and restructuring.
Tolu previously served as Group Executive Director at First Ally Capital, Chief Executive Officer of FCMB Capital Markets Limited and founding Managing Director/Chief Executive Officer of FSDH Capital Limited. His earlier career includes senior roles at KPMG Nigeria, Shell’s Nigeria Pension Fund and J.P. Morgan in the UK.
Tolu holds a B.Sc. in Economics from the University of St Andrews, Scotland, and professional qualifications from the Chartered Institute of Stockbrokers, Nigeria, and the Chartered Institute of Public Finance and Accountancy, England and Wales.
Demola Gbadegesin
Director
Demola Gbadegesin
Director
Seasoned professional, with over 25 years of experience in principal investing, entrepreneurship, fundraising, and portfolio management in Nigeria.
He structured the initial investment and follow-on acquisition for Promethean Resources, raising $20 million to develop a local supply chain for battery metals.
As co-founder of E-Motion Advertising Limited, he secured $12 million in funding before a successful exit in 2019. Previously, Demola led investments at Ocean & Oil Holdings/Avante Capital for Oando plc, including pioneering transactions in fiber optic networks and oilfield services.
He has advised Nigeria’s Ministers of Solid Minerals and Finance and held roles at Hewlett Packard, Sprint PCS, and Mellon Ventures.
Demola earned his MBA from Harvard Business School and holds M.Sc. and B.Sc. degrees in Electrical Engineering from Stanford University and Howard University, respectively.
He structured the initial investment and follow-on acquisition for Promethean Resources, raising $20 million to develop a local supply chain for battery metals.
As co-founder of E-Motion Advertising Limited, he secured $12 million in funding before a successful exit in 2019. Previously, Demola led investments at Ocean & Oil Holdings/Avante Capital for Oando plc, including pioneering transactions in fiber optic networks and oilfield services.
He has advised Nigeria’s Ministers of Solid Minerals and Finance and held roles at Hewlett Packard, Sprint PCS, and Mellon Ventures.
Demola earned his MBA from Harvard Business School and holds M.Sc. and B.Sc. degrees in Electrical Engineering from Stanford University and Howard University, respectively.
Mohammed Datti Yola
Independent Director
Mohammed Datti Yola
Independent Director
An accomplished professional with over 30 years of experience in the financial sector and extensive regulatory expertise.
He currently serves as an Independent Director and Non-Executive Director at Sun Trust Bank. Mohammed was the Pioneer Head of the Surveillance Department at the National Pension Commission (Pencom) and has held the position of Director at the Financial Reporting Council.
His career includes significant roles as a Senior Bank Examiner at the Central Bank of Nigeria (CBN) and Financial Controller at Habib Nigeria Bank Ltd.
A Chartered Accountant with ICAN, Mohammed holds an MBA from Ahmadu Bello University, further enhancing his proficiency in financial governance and compliance.
He currently serves as an Independent Director and Non-Executive Director at Sun Trust Bank. Mohammed was the Pioneer Head of the Surveillance Department at the National Pension Commission (Pencom) and has held the position of Director at the Financial Reporting Council.
His career includes significant roles as a Senior Bank Examiner at the Central Bank of Nigeria (CBN) and Financial Controller at Habib Nigeria Bank Ltd.
A Chartered Accountant with ICAN, Mohammed holds an MBA from Ahmadu Bello University, further enhancing his proficiency in financial governance and compliance.
Nana Afoah Appiah Korang
Independent Director
Nana Afoah Appiah Korang
Independent Director
Seasoned private equity executive with over 20 years of global experience, including 10+ years in Africa across origination, deal execution, portfolio management, and exits.
Former Director at Emerging Capital Partners, leading $500M+ transactions in sectors like agribusiness and financial services. Co-founder of Amayi Foods Limited and founder of SEK Capital, she also serves on the boards of the Ghana Infrastructure Investment Fund and Continental Reinsurance.
Holds an EMBA from Trium and a BA in Mathematics/Economics from Mount Holyoke College.
Former Director at Emerging Capital Partners, leading $500M+ transactions in sectors like agribusiness and financial services. Co-founder of Amayi Foods Limited and founder of SEK Capital, she also serves on the boards of the Ghana Infrastructure Investment Fund and Continental Reinsurance.
Holds an EMBA from Trium and a BA in Mathematics/Economics from Mount Holyoke College.

