Here is detailed Femi Akingbe biography.
Femi T. Akingbe is a distinguished Nigerian Chartered Accountant and seasoned financial expert renowned for his significant contributions to the financial sector. He has held pivotal roles in various esteemed organizations, showcasing his expertise in financial consultancy, investment management, and corporate governance.
Femi Akingbe Biography Details
| Full Name | Femi T. Akingbe |
|---|---|
| Nickname | None known |
| Date of Birth | Not publicly disclosed |
| Nationality | Nigerian |
| Profession | Chartered Accountant, Financial Consultant, Corporate Executive |
| Current Positions | Chairman of Agusto & Co., Chairman of VT Leasing Ltd., Vice Chairman of Global Haulage Resources Ltd., Director at Academy Press Plc, Director at Emerald Energy Resources Ltd., Director at HTN Towers Plc, Director at Multi-links Telecommunications Ltd., Director at Academy Press Business Forms Ltd. |
| Education | Undergraduate degree from Yaba College of Technology, 1978; 12-month Credit Development Program at Chase Manhattan Bank, N.A., New York, 1983 |
| Professional Memberships | Member of The Institute of Chartered Accountants of Nigeria |
| Net Worth | Not publicly disclosed |
Femi Akingbe Early Life
Femi Akingbe embarked on his professional journey in 1976, commencing his career with audit firms, including Price Waterhouse & Co. between 1978 and 1980.
In 1980, he joined Chase Merchant Bank Nigeria Limited as a Credit Analyst. His dedication and expertise led him to ascend to the position of Lagos Branch Manager by 1984. He departed from the bank in January 1988 as an Assistant General Manager, overseeing the Credit Policy Department. Notably, in September 1983, Mr. Akingbe completed the 12-month Credit Development Program at Chase Manhattan Bank, N.A., New York, where he was graded “Outstanding.”
Femi Akingbe Career
In 1987, Mr. Akingbe became the Chief Executive Officer of Ventures & Trusts Ltd., a company specializing in financial solutions and investment management services, including financial advisory, project finance, financial intermediation, and private equity.
His leadership and strategic vision have been instrumental in steering the company toward growth and success.
Beyond his role at Ventures & Trusts Ltd., Mr. Akingbe has been actively involved in various organizations.
He serves as the Chairman of Agusto & Co., a leading pan-African credit rating agency. Additionally, he holds the position of Chairman at VT Leasing Ltd., Vice Chairman at Global Haulage Resources Ltd., and serves as a Director at Academy Press Plc, Emerald Energy Resources Ltd., HTN Towers Plc, and Multi-links Telecommunications Ltd.
His extensive experience and leadership have significantly influenced the financial and corporate sectors in Nigeria. Mr. Akingbe’s commitment to excellence and corporate governance continues to set a benchmark for aspiring professionals in the industry.
Femi Akingbe Net Worth
As of now, Femi Akingbe’s net worth is not publicly disclosed. Given his extensive career and leadership roles in various organizations, it is evident that he has achieved significant financial success.
Femi Akingbe Recent Developments
In May 2024, directors of Fenchurch Group, chaired by Mr. Akingbe, faced perjury charges.
The Inspector General of Police filed a two-count charge of conspiracy and perjury against Fenchurch Energy Nigeria Limited and its directors, Babafunsho Adeyemi and Olufemi Bakare. The charges allege that the defendants made false statements in an affidavit to mislead the court regarding shareholding registrations.
The arraignment was adjourned due to the absence of the presiding judge.
Frequently Asked Questions (FAQs)
What is Femi Akingbe’s educational background?
Femi Akingbe obtained his undergraduate degree from Yaba College of Technology in 1978. He furthered his education by completing a 12-month Credit Development Program at Chase Manhattan Bank, N.A., New York, in 1983, where he was graded “Outstanding.”
What are some of the organizations Femi Akingbe is associated with?
Mr. Akingbe holds several prominent positions, including:
- Chairman of Agusto & Co.
- Chairman of VT Leasing Ltd.
- Vice Chairman of Global Haulage Resources Ltd.
- Director at Academy Press Plc
- Director at Emerald Energy Resources Ltd.
- Director at HTN Towers Plc
- Director at Multi-links Telecommunications Ltd.
What is the significance of Femi Akingbe’s role at Ventures & Trusts Ltd.?
As the Chief Executive Officer of Ventures & Trusts Ltd., Mr. Akingbe has been instrumental in providing financial solutions and investment management services, including financial advisory, project finance, financial intermediation, and private equity.
His leadership has been pivotal in steering the company toward growth and success.
Has Femi Akingbe been involved in any legal matters recently?
Yes, in May 2024, directors of Fenchurch Group, chaired by Mr. Akingbe, faced perjury charges. The Inspector General of Police filed a two-count charge of conspiracy and perjury against Fenchurch Energy Nigeria Limited and its directors, Babafunsho Adeyemi and Olufemi Bakare.
The charges allege that the defendants made false statements in an affidavit to mislead the court regarding shareholding registrations. The arraignment was adjourned due to the absence of the presiding judge.
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