Babajide Bola, Cfa Email & Phone Number

Nigeria

Lagos State, Nigeria

As a strategic financial leader, I spearhead a high-performing unit overseeing investment management and balance sheet risk mitigation initiatives. Our responsibilities encompass originating and managing counterparty relationships spanning Africa, Asia, Europe, and the Middle East. We adeptly identify and execute optimal proprietary investment opportunities across the money and fixed-income markets to achieve annual revenue targets. Additionally, we conduct robust credit analyses of financial institutions and sovereigns to assess their creditworthiness before investing.My team's expertise extends to managing a diverse repurchase agreement (repo) portfolio, monitoring balance sheet liquidity, maturity profiles, and interest rate risk to determine liquidity needs and hedging strategies. I present comprehensive financial market analyses and their potential impact, to Executive Management during Assets and Liabilities Committee (ALCO) sessions. We deftly hedge currency risks through derivative structures like FX forwards, swaps, and options. We successfully extended c.US$1 billion in swap financing to central banks while carefully managing the risks inherent in the portfolio. This strategic funding initiative supported their policy objectives, particularly stimulating and stabilizing local foreign exchange markets.I collaborate cross-functionally to meet client needs and maximize our share of their wallet through product cross-selling.I also lead the synergy with other teams during external credit rating reviews, the implementation of Treasury software platforms, and enterprise-wide initiatives such as LIBOR transition.

Lagos State, Nigeria

I actively managed various money market investments to achieve our revenue targets and liquidity risk management goals. We developed a portfolio of fixed-income securities (Eurobonds and credit-linked notes) issued by financial institutions and sovereigns. This portfolio diversified the Corporation's overall asset portfolio and added a new revenue stream. We grew this portfolio over time to become a key component of our balance sheet. We innovatively utilised our bond portfolio and leveraged our global market relationships to generate liquidity via repurchase agreements (repos). This unlocked another source of balance-sheet financing for the institution.Utilised FX forwards and swaps to hedge currency risks. We secured the Corporation's maiden international credit rating; A3 assigned by Moody's. Since then, we have successfully maintained this investment-grade credit rating for the organisation.We issued our debut Eurobond of US$500 million with a 5-year maturity. This diversified our funding sources into the international capital markets and provided access to a broader investor base.I negotiated the documentation for and executed several repo and borrowing transactions, totalling over US$200 million. These key facilities enabled us to diversify our financing sources and lender base across different geographies while funding our transactions on the continent.

Lagos State, Nigeria

I managed the money market portfolio using a combination of strategies to optimise revenue opportunities. I also implemented prudent liquidity management techniques, which ensured the Corporation always met its obligations.I was part of the deal team that secured a 12-year, US$200 million Line of Credit for the Corporation in its premiere facility from a development finance institution. I supported the review of the loan documentation and ensured we met all the drawdown conditions timely.I was a member of the team that raised US$250 million for the Corporation for 2 years via its maiden commercial syndicated loan. I prepared the deal's information memorandum and developed the investor presentation.I managed the reporting of borrowing covenants to lenders.

Lagos State, Nigeria

Successfully managed the transaction life cycle (documentation review, verifications, accounting, confirmations and settlement) of the following financial instruments and products: Money Market placements and deposits, Treasury Bills, Commercial Papers, Fixed Income, FX spot, forward, and options, Loans and Borrowings.Supervised the timely and accurate capture of the Corporation’s transactions, revenues and expenses on the financial ledger. Monitored the timely receipt of revenues across products. Implemented various process improvement and control initiatives surrounding payments to theCorporation’s vendors. I also implemented FX revaluation processes.I fostered beneficial relationships with counterparties and co-lenders on Treasury and Loantransactions respectively.

Lagos State, Nigeria

Marketed the bank’s products and services to corporate and individual prospects.Spearheaded the direction of the discountable instruments unit created to drive the Treasury Salesfunction of the bank.Successfully managed the Treasury team’s Commercial Papers portfolio, which involved purchases and sales to corporate, institutional (local and foreign), and individual investors.Developed investment relationships with foreign institutional investors who had an appetite forcommercial paper, government bonds, and treasury bills. Worked closely with the Credit Risk Management department in drafting/reviewing documentationfor commercial paper credit facilities.Implemented and successfully managed a Certificate of Deposit investment portfolio.

Lagos State, Nigeria

My broad responsibilities involved operations and settlement modalities of the following diverse Treasury products:Spot, forward, and swap FX trades with corporates and bank counterparties in USD, GBP, EUR, CHF, JPY, and NGN currencies. These trades were handled manually on systems or via Straight Through Processing (STP) platforms. Money market trades (including placements, deposits, bankers' acceptances, commercial papers, and treasury bills) with corporates and bank counterparties. Fixed-income securities trades that were allocated to the trading, available for sale, and held to maturity portfolios. I tracked the receipt of coupons due on bond investments and collaborated closely with the Financial Control team to implement revaluation methodologies for FX and fixed-income transactions.I also handled the discounting of post-dated local currency cheques for bridge financing purposes. In syndicated and term loans, I monitored loan repayments based on pre-agreed schedules and implemented periodic interest rate fixings per loan agreements. Our strong control environment was demonstrated by frequent reconciliation of Nostro accounts, MIS data trend analysis, and quarterly Risk and Control Self-Assessment (RCSA) exercises. I was promoted several times in this role due to my proven track record. I assumed supervisory responsibilities at the Executive Officer and Assistant Manager levels.

Lagos State, Nigeria

Operations responsibilities for:FX spot and forward transactions with a diverse group of clients for cross-border trade and invisible transaction purposes.Bankers Acceptances credit facilities for international trade deals.Form M and Form A documentation approvals and commissions.Issuances of bonds and guarantees and collection of commissions. Amortisation of commitment fees and facility fees for foreign currency credit facilities.Periodic reconciliation of accounts. Risk and Control Self-Assessment (RCSA) exercises.

Executive Mba, Business Administration

Executive Education, High-Potential Leaders: Accelerating Your Impact

Bachelor'S Degree, Mechanical Engineering, Second-Class Upper