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Our Management
Profile
FUSL is managed by a team of skilled
and experienced professionals led by
Mr. Frank Onwu, a seasoned
investment banker of more than 24
years standing.
Mr. Frank Onwu
Holds a Bsc. Economics, University
of Nigeria, Nsukka and a Masters in
Business Administration (MBA) from
Michigan State University, USA. Mr.
Onwu started his banking career with
ICON Limited (Merchant Bankers) in
1981 where he rose to the position
of Assistant General Manager in
charge of Investment and Capital
issues.
He has over 25 years experience in
banking and finance with bras for
investment banking. He was the
Managing Director of First Ideas
Limited between 1997 and 1998. Prior
to joining Fidelity in 1999, Mr.
Onwu worked as an Investment Officer
with the International Finance
Corporation (IFC), the World Bank
private sector arm. He was the
pioneer Chairman of the Association
of Issuing Houses of Nigeria
(1993-1996) and served as a pioneer
member of the Capital Market
Committee of the Securities and
Exchange Commission. He is also an
Associate of the Chartered Institute
of Stock brokers (ACS).
Mr. Godwin Umeh
Chief Operating Officer,
An authorized dealing clerk of the
Nigerian Stock Exchange,is an
Associate of both the Institute of
Chartered Accountants of Nigeria (ACA)
and the Chartered Institute of Stock
brokers (ACS). He also holds a
Master of Business Administration
(MBA) degree. Prior to joining
Fidelity in 1996, he worked with
Capital Bancorp Limited, a leading
investment firm and Commercial Trust
Bank Limited. Godwin has over 15
years corporate finance and
financial advisory experience.
Mr. Chris Okenwa
Started his banking career with
Continental Merchant Bank PIc and
moved from there to Capital Bancorp
Limited, a foremost investment
banking firm. While in Capital
Bancorp he was involved in the
privatization of African Petroleum
PIc. Prior to his joining Fidelity
Union Securities Limited, Chris
worked at Magnum Trust Bank PIc,
where he was the Head of the Bank's
Investment Banking Department. Mr.
Okenwa is a dealing clerk of the
Nigerian Stock Exchange and an
Associate member of the Chartered
Institute of Bankers of Nigeria. He
holds Masters in Business
Administration (MBA) from Edo State
University, Ekpoma. He has over 15
years experience in investment
bankipg.
Mr. lreoba Nelson
Group Head Research/Asset
Management.
He obtained his First Degree and
Masters Degree from the University
of Lagos. Mr Ireoba is a Chartered
Stockbroker and an articled clerk of
the Nigerian Stock Exchange. He
started his career with Rowet
Capital Management Ltd where he rose
to become the Head, Asset Management
& Research. He later left for
Investment Centre Ltd (a Subsidiary
of Broad Bank) and was part of the
team that conceptualized the firm's
business model. He also played a
pivotal role in obtaining a stock
broking license for the firm.
Additionally, he was ICL's pioneer
stockbroker who headed the Capital
Market Group which includes Research
& Advisory, Corporate finance, and
Asset management. In order to
broaden the horizon of his
experience and exposure, he later
joined Greenwich Trust Ltd where he
was greatly involved in the
packaging of large ticket offers for
banks and insurance companies;
during banking and insurance
consolidation exercise. Still on
Greenwich, he handled a major public
sector Advisory/brokerage deal
involving asset sharing between
Ekiti and Ondo state governments.
Prior to joining Fidelity Bank PIc,
he worked briefly with Diamond Bank
Pension Custodians, where he was
responsible for the Corporate
Actions Desk. He is an associate
member of Chartered Institute of
Stockbrokers, as well as an
associate of The Certified Pension
Institute of Nigeria (CPIN).
lkechukwu Duru
Joined Fidelity Union Securities
Limited in 2006 as Stockbroker
responsible for execution of
clients' mandates and investment
management. Formerly with ICMG
Securities Limited as the Head of
Investment Advisory services
responsible for Project Finance and
Capital Market Related Issues.
Before joining ICMG Securities
Limited, he was the Executive
Consultant in Credit Alliance Fin.
Ser. Limited in charge of Public
Sector Consulting and Public Policy
Analysis. In tbis capacity he worked
in the team that provided policy
analyses for various arms of
government and international
agencies. He had his professional
training in Accounting, Auditing,
Taxation and Finance in D. O.
Dafinone and Company (Chartered
Accountants) where he rose to become
an Audit Senior. Ikechukwu Durn
holds a Masters in Business
Administration specializing in
Finance, he also holds a Higher
National Diploma (HND) in
Accountancy from Institute of
Management and Technology (IMT),
Enugu. He was admitted as an
Associate Member of the Institute of
Chartered Accountants of Nigeria (ICAN)
in 1991, an Associate Member of the
Chartered Institute of Taxation of
Nigeria (CITN) in 2001. In 2003 he
was admitted as an Associate Member
of the Chartered Institute of
Stockbrokers and in 2004, he was
admitted as an Authorised Dealing
Clerk on the floor of the Nigerian
Stock Exchange (NSE). He has over
15(fifteen) years experience in
Auditing, Accountancy, Financial
Consulting, Strategy, Investments,
Portfolio and Asset Management,
Stockbroking and Public Sector
Consulting.
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