About us

Who are we

Magnartis is a financial services firm which has steadily established a credible performance as a successful provider of financial and investment advisory services with an excellent understanding of the special services, skills and approaches required for meeting specified objectives in a dynamic financial environment.

Network of strategic partners

Magnartis has worked on Projects with Strategic Partners to professionally deliver on Projects viz:

CPCS Transcom, Canada: International Transport and Infrastructure Consultants with core skill in Ports, Inland Waterways and Railways.

RFC Corporate Finance Group, Australia: An Australian based international Merchant and Investment Bank providing financial and investment services and strategic advice to participants in natural resources and related industries.

The Services Group, USA: International Economic Consultants with focus on promotion of Foreign Direct Investment, Design and management of Free Trade Zones and Industrial Parks.

African Alliance, South Africa- firm that has expertise in Deal/Trade flow aggregation from International Fund Managers, Global Custodians, Family Offices, Sovereign Wealth Funds etc for execution on the Nigerian Stock Market.

Our Directors

Emmanuel Okoronkwo

Chairman

Engr. Emmanuel Okoronkwo is a Civil Engineer with over 40 years of experience in public and private Infrastructure development.

Bukola Oluwadiya

Mr. Oluwadiya is a Fellow of the Institute of Chartered Stock brokers. He has a well-rounded experience in Oil, Banking and Financial Services Industries. He started his career as an Accountant with Mobil Producing Nigeria Unlimited where he worked in various positions within the Finance Controller’s Department before joining Abacus Securities Limited as the pioneer General Manager.

Mr. Oluwadiya’s banking career started in Grindlays Merchant Bank of Nigeria Limited where he rose to the position of Assistant General Manager (Corporate Banking) before he was seconded to Sydney, Australia for two years to work for the Australia and New Zealand Banking Group (ANZ) – the parent company of Grindlays Bank Plc, London. During the secondment, Mr. Oluwadiya was well exposed to International Banking, Funds Management, Property Financing and Mortgage Securitization with the ANZ Group

Mr. Oluwadiya participated has participated in a number of high profile Public-Private Sector Participation Assignment including the Reform of the Nigerian Ports Authority, Privatisation of LPG Depots, Privatisation of Nigerian Mining Tiltles, Selection of Bidders for Coal & Bitumen Titles etc.

Oluwaseyi Abe

Managing Director

Oluwaseyi Abe joined Lead Group in January 1990. In August of the same year, he was seconded to Nigerian Stockbrokers Limited – a subsidiary of NAL Bank Plc for one year training in stockbroking and investment management. He returned to Leadbank in January 1992 after a successful training program and qualification as a professional Stockbroker. On his return to Lead group, he commenced trading on the floor of the Nigerian Stock Exchange for the bank and acted in many capacities as investment manager and advisor. He was involved in capital raising exercise for many companies. He participated in packaging several Initial Public Offers, (IPO), and Rights Offers etc. Seyi was also involved in both local and foreign treasury dealing activities. For several years, he played leading roles in the marketing of the bank’s treasury / capital market products. He at different times headed various functional units of the bank such as Investment Banking, Private Banking; Issuing House; Corporate Finance; Transaction Banking, Treasury Marketing and Product Development. He also had a stint in the commercial & consumer banking group.

Seyi Left Lead Capital in September 2006 for Magnartis Finance & investments Limited (Member of the Nigerian Stock Exchange). Seyi was seconded as the Chief Investment officer of Aiico Pension Managers Ltd. He was responsible for management of total asset (including legacy fund) in excess of N100 Billion.

Presently, Seyi is on the board of Chartered Institute of Stockbrokers; Kingspride Group, Insight Microfinance Bank Limited and several other companies. He is the Immediate past President of the Chartered Institute of Stockbrokers.

Alhaji Ismaila Shuaibu

Mallam Ismaila Shuaibu had a wide and chequered experience in Banking which had been his career for more than 30 years. He held various positions in Bank of the North up to Assistant General Manager and then Afribank Nigeria Plc where he became the first professional to be appointed from within as an Executive Director for six (6) years and retired.

He was at one time Chairman of West African Bankers Association, Nigeria. Mallam Ismaila Shuaibu is a fellow of the Chartered Institute of Bankers both in Britain and Nigeria as well as a graduate of Harvard Business School.

Presently, Seyi is on the board of Chartered Institute of Stockbrokers; Kingspride Group, Insight Microfinance Bank Limited and several other companies. He is the Immediate past President of the Chartered Institute of Stockbrokers.

Eguarekhide Longe

Eguarekhide Longe has over 20 years’ experience working in the Capital Market, spanning Stock broking, Asset Management and Investment Banking. He has hands-on and senior management experience in setting up processes, developing operations/systems, strategy and business and product development.

He was the Managing Director/CEO of AIICO Pension Managers Limited. Prior to his appointment as MD/CEO of AIICO Pension Managers Limited, Eguarekhide worked at Diamond Capital & Financial Markets Limited (subsidiary of Diamond Bank PLC) as the Head of the Asset Management division. He was also the MD/CEO of Kakawa Asset Management Limited from 2005-2008

Eguarekhide holds a B.Sc. in Political Science” University of Ibadan, Nigeria (1986) and an MBA” IESE Business School” University of Navarra, Barcelona, Spain (2002). He is a Fellow of the Chartered Institute of Stockbrokers of Nigeria.

Kayode Soyombo

Mr. Soyombo graduated from the University of Ife with a B.Sc in Biochemistry. He worked with Guinness Nigeria Plc and rose to the position of production manager.

Mr. Soyombo currently sits on the board of various companies including SNL Sales and Service Ltd, Kings Guards Nig. Ltd, Bluechip Communications Limited, D.F. Properties and Sambooka Fertilizers Ltd

Our Management Team

Oluwaseyi Abe

Managing Director

Oluwaseyi Abe joined Lead Group in January 1990. In August of the same year, he was seconded to Nigerian Stockbrokers Limited – a subsidiary of NAL Bank Plc for one year training in stockbroking and investment management. He returned to Leadbank in January 1992 after a successful training program and qualification as a professional Stockbroker. On his return to Lead group, he commenced trading on the floor of the Nigerian Stock Exchange for the bank and acted in many capacities as investment manager and advisor. He was involved in capital raising exercise for many companies. He participated in packaging several Initial Public Offers, (IPO), and Rights Offers etc. Seyi was also involved in both local and foreign treasury dealing activities. For several years, he played leading roles in the marketing of the bank’s treasury / capital market products. He at different times headed various functional units of the bank such as Investment Banking, Private Banking; Issuing House; Corporate Finance; Transaction Banking, Treasury Marketing and Product Development. He also had a stint in the commercial & consumer banking group.

Seyi Left Lead Capital in September 2006 for Magnartis Finance & investments Limited (Member of the Nigerian Stock Exchange). Seyi was seconded as the Chief Investment officer of Aiico Pension Managers Ltd. He was responsible for management of total asset (including legacy fund) in excess of N100 Billion.

Presently, Seyi is on the board of Chartered Institute of Stockbrokers; Kingspride Group, Insight Microfinance Bank Limited and several other companies. He is the Immediate past President of the Chartered Institute of Stockbrokers.

Ishola Sanni

Stock Broker

Mr. Sanni has over 10 years’ experience in the Capital Market. He holds B.Sc. in Computer Science with Economics from Obafemi Awolowo University, Ile – Ife and M.Sc in Computer Science from University of Lagos, Akoka. He is an Associate Member of Chartered Institute of Stockbrokers and an authorized dealer of the Nigerian Stock Exchange

Bamishe Ojo

Compliance Officer

Mr. Ojo has over 24 years experience in capital market activities after which he retired as An Assistant Director with the Securities and Exchange Commission, Abuja Nigeria.

He is a skillful trainer and an expert in corporate finance, investment and capital market activities and was the pioneer Head of Marketing and Consultancy in the Nigerian Capital Market Institute (NCMI) an affiliate training institution of the Securities and Exchange Commission.

He joined the employ of Magnartis Finance and Investment Ltd in 2008 and currently registered by the Securities and Exchange Commission as a market operator under the function of the Chief Compliance Officer