Mr. Abiola Morakinyo is a Chartered Accountant, Chartered Banker and Certified Fraud Examiner with over eighteen years hands on experience in Internal Control & Audit, Information Systems Control, Compliance, Risk Management, Fraud & Policy infractions investigation, Pension Management and Banking Operations with proven success in monitoring controls, preventing losses, ensuring adherence to standards, frameworks, regulations, guidelines, laws and best practices. He has worked with Skye Bank Plc (now Polaris Bank Ltd), BankPHB Plc (now Keystone Bank Ltd), First Bank of Nigeria Ltd, Union Bank of Nigeria Plc, Radix Pension Managers Ltd and Guaranty Trust Bank (SL) Ltd in various capacities.
Abiola holds a Bachelor’s degree in Economics and MBA (General Management) from the Nigeria’s premier University of Ibadan, Ibadan and the prestigious Obafemi Awolowo University, Ile-Ife respectively. Also, he possesses Higher National Diploma (HND) in Accountancy from The Polytechnic, Ibadan and M.Sc (Banking & Finance) from Benson Idahosa University, Benin city. He is an Associate member of the Institute of Chartered Accountants of Nigeria (ACA) and Fellow, Chartered Institute of Bankers of Nigeria (FCIB). He is also a Certified Information Systems Auditor (CISA), USA and a Certified Fraud Examiner (CFE), USA.
Prior to joining Midwestern Oil and Gas Ltd as Head, Internal Audit, he was at Guaranty Trust Bank (GTBank), Sierra Leone as Head, Internal Audit (also known as Systems and Control Group-SYSCON); where he contributed to the significant improvements in the governance, risk management, and control processes of the Bank. Previously, he was Head, Internal Audit & Control at Radix Pension Managers Ltd; a National Pension Commission (PENCOM) approved Pension Fund Administrator (PFA) in Nigeria; with the responsibility of managing the company’s Internal Audit and Risk Management functions.
In these roles, Abiola ensured timely execution of audit assessments and engagements which identified unmitigated risks, significant control lapses and fraud, and for which improvements were agreed and tracked to resolution. He has undergone various trainings locally and internationally and he is an Internal Audit and Control professional with outstanding business acumen for value addition.