With a cumulative net asset value of over N5.9 trillion, Nigeria’s asset management industry is a critical pillar of the country’s financial services ecosystem.
Asset management companies (AMCs) not only facilitate wealth creation for individuals, corporates, and institutions, but also serve as key channels for capital allocation across the economy fueling infrastructure, innovation, and industrial growth.
These firms typically structure their portfolios across money market funds, equity funds, fixed-income funds, and balanced/mixed funds, offering a diverse range of investment vehicles for varying investor needs and risk appetites.
Money market funds provide safety and liquidity; equity funds offer high-risk, high-reward growth; fixed-income funds deliver stability and predictable returns; and balanced funds combine both approaches.
In this feature, the Net Asset Value (NAV) of all collective investment schemes (CIS) as of 20th June 2025 has been used as a proxy to highlight the scale and performance of Nigeria’s leading asset managers and the strategic executives behind them.
- NAV: N76.3 billion
With over two decades of experience in Nigeria’s financial services industry, Oluwayemisi Ogunmola currently serves as the Managing Director of EDC Fund Management Limited, the asset management arm of Ecobank Group.
She has been at the helm since 2021, driving strategic leadership, fund growth, and portfolio diversification across the West African market.
Before her current role, Ogunmola was Head of Fund Distribution (West Africa) at Ecobank Development Corporation (EDC) from 2014 to 2023, where she played a key role in expanding the firm’s regional investment footprint.
Prior to that, she served as Head of Lagos Mainland Distribution & Channels Management at FBN Capital Limited from 2013 to 2014, where she contributed to strengthening retail investor engagement and fund accessibility.
Ogunmola holds a bachelor’s degree in computer science and an MBA in Marketing both from the University of Lagos. Her expertise spans investments, portfolio management, capital markets, and corporate finance, making her a seasoned executive with a deep understanding of client needs and market dynamics.
Under her leadership, EDC Fund Management continues to position itself as a leading pan-African investment manager, offering tailored solutions that drive inclusive wealth creation across the continent.
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