Our Subsidiary Management
Olumayowa Ogunwemimo
DEPUTY GROUP MANAGING DIRECTOR ANDÂ MANAGING DIRECTOR FRIST ALLY ASSET MANAGEMENT LIMITED
Mrs Olumayowa Ogunwemimo serves as Deputy Group Managing Director of First Ally Capital and Managing Director of First Ally Asset Management Limited (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.

Olumayowa Ogunwemimo
DEPUTY GROUP MANAGING DIRECTOR AND MANAGING DIRECTOR FRIST ALLY ASSET MANAGEMENT LIMITED
Mrs Olumayowa Ogunwemimo serves as Deputy Group Managing Director of First Ally Capital and Managing Director of First Ally Asset Management Limited (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 (FCA), Mrs Ogunwemimo 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
MD, First Ally Trustees Limited
Adetola Adeleye is the Managing Director of First Ally Trustees Limited, 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 Limited, 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.
Prior to her current role, Adetola served 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.
Adetola 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.
Ayobami Alabi
MD, First Ally Trust Microfinance Bank
Ayobami Alabi is the Managing Director and CEO of First Ally Trust Microfinance Bank, bringing over 22 years of experience in financial services. His expertise spans financial inclusion, risk management, and strategic planning, with a focus on driving growth and enhancing customer satisfaction.

Ayobami Alabi
MD, First Ally Trust Microfinance Bank
Mr Ayobami Alabi is the Managing Director and CEO of First Ally Trust Microfinance Bank, bringing over 22 years of experience in financial services. His expertise spans financial inclusion, risk management, and strategic planning, with a focus on driving growth and enhancing customer satisfaction.
Before joining First Ally, Mr Alabi held key leadership roles, including Managing Director at Empire Trust Microfinance Bank from 2018 to 2024. His career also includes managerial positions at Citygate Group, First Bank, SEAP, and UBA, where he demonstrated exceptional skills in operational efficiency and customer engagement.
A graduate of the University of Agriculture, Abeokuta, with an MSc in Agricultural Economics from the University of Ibadan, Mr Alabi also holds an MBA in Financial Management. He has attended several leadership and microfinance training programmes, underscoring his commitment to professional development.