VFD Group has announced changes on its board of directors with the appointment of Olatunde Busari SAN as the new Chairman of the Group. The trio of Dr. Samuel Maduka Onyishi, Mr. Azubike Emordi and Ms. Jewel Okwechime have also joined the board. This is sequel to the stepping down of Mr. Kayode Fadahunsi as the Chairman and Ms. Mariam Ibrahim, a non Executive Director .
At a sent-forth dinner held in honour of the outgoing Chairman, Mr. Kayode Fadahunsi fondly called “K-Fada”, and Former Director, Mariam Ibrahim, Group Managing Director of VFD Group, Mr. Nonso Okpala describe the outgoing directors as exemplary leaders who got people working even when it was difficult. He also appreciated the outgoing directors for nurturing and supporting the company through hard times.
Nonso noted that the group is moving to the next phase of building a stronger institutional relationships in its bid to access more institutional investors and funds to its portfolio.
Also speaking at the event, Outgoing Chairman, Mr. Kayode Fadahunsi described the VFD team as an excellent team. While describing his 8 years journey as a great accomplishment he recalled that the VFD group started with a N2 million balance sheet but now boost of fat balance sheet running into billions of Naira within a short time.
Profile of the new Chairman
Olatunde Busari holds a B.Sc degree in Political Science from the University of Ife. He also obtained the Bachelors Degree (LL.B) in Law from the University of Ibadan, Nigeria, and Masters Degree (LL.M) in Law from the University of Lagos, Nigeria. Mr. Busari was called to the Nigeria Bar in 1989.
He worked with the law firm of Babalakin & Co, where he garnered experience in Dispute Resolution, Commercial law Practise, Maritime, Admiralty, Oil and Gas etc. He left the law firm of Babalakin & Co in the year 1993 to establish the law firm of Akinwumi & Busari as a founding partner.
Babatunde is a member of diverse professional associations, amongst which are International Bar Association (IBA), Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN), Lagos Chamber of Commerce and Industry, Nigerian Branch of the Chartered Institute of Arbitrators (UK) etc.
He is a Senior Advocate of Nigeria, a highly resourceful legal specialist with versed experience in company management. He is presently the Managing Partner of Akinwunmi & Busari LP.
VFD Group is a financial services focused proprietary investment company that creates value by working within Nigeria’s informal financial sector to create innovative products and solutions that are accessible to the everyday Nigerian citizen and entrepreneur