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Top MD/CEOs of Asset Management Companies in Nigeria 

Deborah Dan-Awoh by Deborah Dan-Awoh
July 6, 2025
in Equities, Exclusives, Fixed Income, Funds Management, Metrics, Rankings
Top MD/CEOs of Asset Management Companies in Nigeria 
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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.

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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.


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1. Olubusola Jejelowo –CEO Stanbic IBTC Asset Mgt. Limited 

  • 10. Toyin Owolabi – MD FSDH Asset Management Ltd 
  • 9. Oluwayemisi Ogunmola – MD EDC Fund Management Limited 
  • 8. Kennedy Phillip Ichibor, CFA – MD Zenith Asset Management Ltd
  • 7. Deji Tunde-Anjous – MD AXA Mansard Investments Limited 
  • 6. Kelvin F. Barida – MD Guaranty Trust Fund Manager
  • 5. Bolaji Balogun; CEO, Chapel Hill Denham Mgt. Limited 
  • 4. Wale Odutola: Incoming CEO, ARM Investment Managers Limited 
  • 3. Dr. Odiri Oginni: CEO, United Capital Asset Mgt. Ltd 
  • 2. Ike Onyia: MD/CEO First Asset Management Limited
  • 1. Olubusola Jejelowo –CEO Stanbic IBTC Asset Mgt. Limited 

  • NAV: N2.6 trillion 

Olubusola Jejelowo is the Chief Executive of Stanbic IBTC Asset Management Limited, a leading investment firm managing over N2.6 trillion in assets under management. She brings nearly two decades of experience within the Stanbic IBTC Group, where she has led various functions across wealth and investment management, business strategy, and client engagement.

Appointed CEO in June 2023, Jejelowo is responsible for driving strategic growth, enhancing investor confidence, and leading innovation through accessible platforms like BluNest, which simplifies investing for everyday Nigerians. Before this, she served as Executive Director, Investment Management, and Head of Wealth and Investment, Stanbic IBTC.

Under her leadership, the company has deepened its commitment to financial inclusion, demystifying wealth-building for more Nigerians.

Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings PLC, was incorporated on November 20, 1992, and began operations in January 1996. It is a member of the Standard Bank Group, Africa’s largest banking group by assets.

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1. Olubusola Jejelowo –CEO Stanbic IBTC Asset Mgt. Limited 

  • 10. Toyin Owolabi – MD FSDH Asset Management Ltd 
  • 9. Oluwayemisi Ogunmola – MD EDC Fund Management Limited 
  • 8. Kennedy Phillip Ichibor, CFA – MD Zenith Asset Management Ltd
  • 7. Deji Tunde-Anjous – MD AXA Mansard Investments Limited 
  • 6. Kelvin F. Barida – MD Guaranty Trust Fund Manager
  • 5. Bolaji Balogun; CEO, Chapel Hill Denham Mgt. Limited 
  • 4. Wale Odutola: Incoming CEO, ARM Investment Managers Limited 
  • 3. Dr. Odiri Oginni: CEO, United Capital Asset Mgt. Ltd 
  • 2. Ike Onyia: MD/CEO First Asset Management Limited
  • 1. Olubusola Jejelowo –CEO Stanbic IBTC Asset Mgt. Limited 
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Tags: Asset management companies in NigeriaOlubusola JejelowoOluwayemisi OgunmolaToyin Owolabi
Deborah Dan-Awoh

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

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  1. Olawole says:
    July 6, 2025 at 12:57 pm

    What about Afrinvest Limited

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