Our Subsidiary Management
Olumayowa Ogunwemimo
DEPUTY GROUP MANAGING DIRECTOR ANDÂ MANAGING DIRECTOR FRIST ALLY ASSET MANAGEMENT LIMITED
Olumayowa Ogunwemimo serves as Deputy Group Managing Director of First Ally Capital and Managing Director of First Ally Asset Management (FAAM). She joined FAAM in 2020, bringing over two decades of expertise in asset management, financial planning, and investment advisory. Her visionary leadership has driven significant growth, positioning FAAM as a leading player in Nigeria’s asset management space.Â

Olumayowa Ogunwemimo
DEPUTY GROUP MANAGING DIRECTOR AND MANAGING DIRECTOR FRIST ALLY ASSET MANAGEMENT LIMITED
Olumayowa Ogunwemimo serves as Deputy Group Managing Director of First Ally Capital and Managing Director of First Ally Asset Management (FAAM). She joined FAAM in 2020, bringing over two decades of expertise in asset management, financial planning, and investment advisory. Her visionary leadership has driven significant growth, positioning FAAM as a leading player in Nigeria’s asset management space.
Her career began at First Securities Discount House (now FSDH Merchant Bank), where she excelled in risk management and investments before serving as Managing Director of FSDH Asset Management for nine years. Her ability to develop innovative investment strategies and foster strong client relationships has been a hallmark of her career.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), she holds a degree in Accounting from Obafemi Awolowo University and is an alumna of Lagos Business School’s Senior Management Programme. She has attended numerous leadership and investment management courses, underscoring her dedication to professional excellence.
Adetola Adeleye
MANAGING DIRECTOR, First Ally Trustees Limited
Adetola Adeleye is the Managing Director of First Ally Trustees, where she oversees the company’s strategy, growth, and market positioning. With over 12 years of expertise in corporate law, regulatory compliance, and corporate governance, she has been instrumental in delivering bespoke trust solutions to a diverse client base.

Adetola Adeleye
MD, First Ally Trustees Limited
Adetola Adeleye is the Managing Director of First Ally Trustees, where she oversees the company’s strategy, growth, and market positioning. With over 12 years of expertise in corporate law, regulatory compliance, and corporate governance, she has been instrumental in delivering bespoke trust solutions to a diverse client base.Â
She also serves as Head of Legal and Company Secretary at First Ally, ensuring smooth business operations and mitigating legal risks across the group. Her contributions include implementing governance frameworks and leading strategic transactions that have strengthened the company’s operations.Â
She holds an LLB from Obafemi Awolowo University and an LLM from the University of Pennsylvania Law School. A recipient of the ESQ Legal Nigerian Rising Star Award, she exemplifies excellence and leadership in the legal profession.Â
Nnenna Iwuagwu
MANAGING DIRECTOR, First Ally PROPERTIES LIMITED
Nnenna Iwuagwu is the Managing Director of First Ally Properties Limited, bringing over 13 years of experience across real estate, project management, and business operations. She has been instrumental in streamlining operations, expanding property portfolios, and delivering value-driven development projects.Â

Nnenna Iwuagwu
Managing Director, First Ally properties limited
Nnenna Iwuagwu is the Managing Director of First Ally Properties Limited, bringing over 13 years of experience across real estate, project management, and business operations. She has been instrumental in streamlining operations, expanding property portfolios, and delivering value-driven development projects.Â
Her career spans leadership roles in sales, operations, and real estate development, where she has consistently delivered record-breaking revenue growth, built high-performing teams, and led multimillion-naira projects from concept to completion. She is known for her ability to align business strategy with execution, driving operational excellence in dynamic environments.Â
She holds a BSc in Finance and Banking from Bells University of Technology and an MBA with dual specialisations in International Business and Sustainability from Nexford University. She is currently pursuing a PhD in Executive Leadership and holds several professional certifications in project management, business leadership, and digital strategy.Â