BOARD OF DIRECTORS

Dr Adeyemo Mathew Taiwo,

Executive Chairman

Adeyemo,is a founding shareholder of penuel and has been involved with the company from the early beginning in different areas from which he has gained an extensive knowledge of the global trading Market. He is currently the Executive Chairman of Penuel Management consultant Ltd (A subsidiary of Tiddo securities Ltd) whilst at the same time he oversees all Marketing and promotional activities of the company. He is also one of the founders of Iron Trust Ltd. Prior to co-establishing penuel, Adeyemo  was responsible for the Russian equity sales desk of Severis and Athienitis Financial Services Ltd, a large investment house in Cyprus, and introducing Russian and CIS clients to the Cyprus Stock Exchange.

Adeyemo holds a Phd Degree in Finance and Economics from the Moscow Institute of Entrepreneurship and Law, and a masters in Business Administration from CTL College in Cyprus.

Chief Dr Olumide Fatai

Executive Director Operation

Olumide holds a Doctorate degree in Business and Management from the University of London and is a qualified Chartered Financial Analyst where he served as a member of the Cyprus CFA society board of directors.

In 1990 he joined Mega Equity Securities and Financial Services, one of the largest retail brokers in Europe, where he was initially head of research, dealing predominantly with the Greek and Cyprus banking sector. He then moved on to set up the portfolio management department of the company and was responsible for the management of Institutional investors and high net worth individuals.He is one of the founding fathers of Penuel Management consultant Ltd in Nigeria

in 1994 under the authorisation of Tiddo securities Ltd.

Mrs Caroline Olayinka,

Executive Director Administration

Caroline is one of the foundation members Penuel Management consultant Ltd (A subsidiary of Tiddo securities Ltd)

Caroline was, up until mid-2008, the Group CEO of Old Mutual plc, the FTSE-100 international life insurance and asset management company with 55,000 employees and over £1bn of operating profit. Prior to Old Mutual, Caroline was the Deputy Chairman of Liberty International plc and prior to that was at Prudential plc, holding a number of senior positions including that of the Chief Executive of Prudential UK. Caroline is currently an Executive Director of CVC Capital Partners, Lonmin plc and Sun Life of Canada.

In addition,Caroline is a Director of the Financial Reporting Council and Chairman of the Actuarial Standards Board. She has a masters degree from the University of Cape Town and is a Fellow of the Institute of Actuaries.

Professor Babatunde Adedeji.A.

Executive Director human resources

He joined penuel as an Executive Director. Over the last 35 years Babatunde, has held senior positions at a number of blue-chip private organisations and public bodies worldwide.

In 1972 he joined the research department of the Central Bank of Cyprus, working in the area of policy analysis, before moving to the Bank of Cyprus (1974) where he was responsible for setting up the bank’s capacity for evaluating the economic and financial viability of its large lending operations. Following his time with the Bank of Cyprus, Babatunde worked at the World Bank (1975 – 2004), rising to the position of Director before retiring from the post. Recent engagements also include serving a term as the Cypriot Minister of Finance (2005 – 2008).

Babatunde received his degree (Hons) in Economics from the London School of Economics, specialising in monetary theory and policy, and continued his studies in the United States at Wayne State University where he obtained a Doctorate in Economics.

Panagiotis Xyda  

Executive Director Marketing Operation,

Panagiotis has an MBA in international management from Golden Gate University, San Francisco California and an associate diploma in Mergers and Acquisitions and a BA in restaurant management from the same university. Panagiotis’ entrepreneurial spirit saw him starting up in 1995 a large retail mobile telecommunications company in Cyprus which he later sold to the largest distribution network. He went on to setup in 1998 a reception and transmission brokerage firm transmitting order to the Cyprus stock exchange. In 2000, following a successful merger of the company with SAFS, a large investment house in Cyprus he setup Iron Trust which quickly became the leader in South East Europe for physical and digital records storage.

Trevor Ash

Executive Director foreign operation

Trevor joined penuel at the beginning of September 1999 and brings with him over 30 years of investment experience.

He was formerly a Managing Director of Rothschild Asset Management (CI) Limited and Non-Executive Director of Rothschild Asset Management Limited, London then retired in 1999 after 27 years with the Rothschild Group.

Trevor is a Fellow of the Securities Institute in England & Wales and is a Director of a number of venture capital, hedge funds, fund of hedge funds, derivative and various other offshore funds including numerous that are listed on the London, Irish or Channel Islands Stock Exchange. Trevor is recently retired as a Director of NM Rothschild & Sons (CI) Limited (the banking arm of the Rothschild Group in the Channel Islands).

Among numerous other distinctive directorship roles, Trevor was a founding Director of Valletta, the first Fund Management Company, to be established in Malta following the introduction of Financial Services Regulations in 1995. Valletta Fund Management Limited was a joint venture between Bank of Valletta and the Rothschild Group which now has over $1 billion under management.