About Us / Management Team

Management Team

Dr. Lucy Surhyel Newman

Managing Director/CEO

Dr. Newman presents a hybrid of development finance, private sector banking, and consulting background, within an academic orientation leveraged on a results-focused paradigm, which has shown her successes in aligning strategy, structure, people, policies and systems to optimize individual, organizational and systemic performance. She is a creative person and a dynamic leader with comprehensive experience demonstrating a broad-based public and private sector background in areas including Strategic Planning, Implementation and Monitoring, Program and Project Leadership, Research, Organizational Leadership Development, Business Development, Negotiations & Alliance Structuring, Start-ups, Corporate Turnaround and Governance.

She has over twenty-nine (29) years of public and private sector industry practice and consulting experience from a state development finance institution and four commercial banks in Nigeria, in areas including business development, investment portfolio management, human resources management, product development, strategy and post-merger integration. Her work from August 2006 - April 2009, was in business advisory and Performance Improvement Practice of the firm PricewaterhouseCoopers (PwC) Nigeria. She left PwC Nigeria to join FITC as the Managing Director/CEO in May, 2009.

Dr Newman’s academic qualifications include a doctorate degree in Business Administration with specialization in Leadership and Performance, from the University of Phoenix, Arizona USA; Business Administration at both Undergraduate and Post Graduate levels, at the Ahmadu Bellow University, with a focus on Financial Management at the Undergraduate level and International Business, at the Post Graduate Level. Her professional qualifications and certifications, include Certified Performance Technologist of the International Society for Performance Improvement, USA; Professional Membership of the Development Executive Group of Washington DC; Graduate of both the Leadership Development Program for HR Practitioners [LDHRP] & The Leadership At the Peak [LAP] Programs of the Center for Creative Leadership [CCL] Colorado Springs, USA; as well as fellowship of the Nigerian Institute of Management (NIM) and the Chartered Institute of Credit Administration.

Dr. Newman is an IFC/FITC Authorized Corporate Governance and Board Leadership Trainer, the 2012/2014 elected non-executive International Director on the global board of the International Society for Performance Improvement, (ISPI), a non-executive member of the Governing Councils of both the West African Bankers; Association [WABA] and the Bank Director’s Association of Nigeria [BDAN]. During her tenor as the elected 2012/2014 International Director on the global board of the International Society for Performance Improvement (ISPI), she served as the board liaison of 3 Committees of the ISPI, namely; the Emerging Professionals, the Honorary Life, the Awards of Excellence and the T. F. Gilbert Distinguished Professional Achievement Committees of the ISPI.

She is a member of the Institute of Directors [IOD] Nigeria, and the 1st Vice Chairman of the IOD’s Women Directors’ Development Committee [WDDC], as well as the Chairman of the WDDC Sub Committee on Publicity & Participation. She  plays various intellectual and financial contributory roles to many religious charities and secular community development initiatives in Nigeria and across West Africa, having to her credit, many publications and facilitation at several premium conference in Nigeria and internationally. 

Dr. Tunji Ajiboye

Head, FITC Training

Tunji is an Associate Director with FITC. As Head, FITC Training, Tunji had overseen the training of over 3,000 directors on FITC’s corporate governance board leadership programmes since 2007, as well as over 18,000 staff of banks and other financial institutions. Due to his versatility Tunji had at various times being called upon to manage the two other FITC Business units, FITC Consulting and FITC Research at critical times.

Tunji has over twenty-eight(28) years cognate working experience, spanning downstream sector of the Nigerian oil industry, banking, manufacturing, and the consulting services industry. Tunji is versed in training needs identification, development and customisation of training curriculum, project planning and implementation, and had been involved in numerous consulting assignments. He is adept at coaching and mentoring direct reports, and takes personal responsibilities in developing others leaders. In the last five years, Tunji had been able to develop and coach two department staff who were on probation to become high-performers, and subsequently winning departmental prices. The staff he developed have also been sought after by other departmental Heads. His interest in developing competencies of his staff recently led one of his direct reports acquiring doctoral degree from Walden University.

Tunji also serves as a resource person on many of FITC’s consulting projects and of recent, has been coordinating FITC’s emerging third party collaborations with international brands including International Financial Corporation (IFC), New York Institute of Finance, and the Association of Certified Chartered Accountant (ACA).

Tunji is a Fellow of the Chartered Institute of Bankers of Nigeria and recently obtained doctoral of Business Administration (leadership) at the prestigious Walden University, Minnesota, USA.  He is a graduate of the Leadership Development Program, Center for Creative Leadership, Brussels, Belgium and an Authorized Trainer on the International Finance Institution (IFC) /FITC Collaboration on Board Leadership Training in Sub Saharan Africa. He recently got authorized as a trainer in Managing Conflict and Difficult Conversations in the Boardroom by the Centre for Effective Dispute Resolution (CEDR) and IFC, in London. To maximise his impact as a training professional, Tunji recently attended the Certified Training Professional (CTP) Masterclass organised by Financial Accreditation Agency, Kuala Lumpur, Malaysia and would soon be recognised as a FAA Certified Training Professional.

Mrs. Seyi Onasanya

Head, FITC Consulting

Seyi is a strategic HR Professional with extensive experience in Organizational Transformation and Development, Talent Management, Analytics, Change Management, Project Management, Business Development and Client Relationship Management. She started her career in banking and has over 15 years cross-industry experience, including 13 years in consulting. She has proven track record of positioning people, structure, systems, culture, processes to operate more strategically in alignment with corporate goals and objectives. She joined FITC from PricewaterhouseCoopers (PwC) in October, 2017 as Associate Director and Head, FITC Consulting.

As a Senior Manager, People and Organisation in PwC, Seyi was responsible for leading consulting engagements in: organisation design, business transformation, strategy development, staff competence assessment, HR audit and due diligence, talent acquisition/retention, HR Analytics, culture assessment & design, performance management, compensation and reward restructuring,  competency modelling, change management, assessment centre design, business process re-engineering, corporate governance and risk management. She has delivered and facilitated several training sessions and corporate retreats.

Her multi-industry experience spans financial services, oil and gas, power, maritime, aviation, real estate and manufacturing and public sector. She has managed projects for companies in West Africa and Asia engaging diverse work teams at board, executive and management levels.

Seyi has a First Class in Psychology, Masters in Managerial Psychology with training in Psychometrics, acquired from the University of Cambridge, UK.  As a competence Assessor, she has gained practical experience using reputable psychometric tools globally. She is also a Senior Professional of Human Resources (SPHR) SHRM, USA; Full Member of CIPM; Principal Practitioner of Association of Business Psychology (ABP) UK; and a Certified Trainer.  

Mr. Joshua Olusegun Makinde

Head, Central Services

Segun is an Assistant General Manager in FITC and Head, Finance & Accounts Department. He is an anchor for a number of financial management related consulting engagements of FITC. Segun joined the finance department of FITC in 1997. He has over twenty-three (23) years experience in Basic Accounting, Budgeting & Budgetary Control, Time Management and Financial Management. He also holds a Bachelor of Science Degree in Accounting from the University of Lagos and is an Associate member of the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation. He is also a graduate of the Leadership Development Program, Center for Creative Leadership, Brussels, Belgium. Segun is one of FITC’s internal facilitators on courses relating to finance and accounts. He also participated in many of FITC’s nationwide consulting assignments and served on interview panels for the assessment of finance and accounts experts. His role entails development of the finance team in line with international standards for reporting, as well as collaboration with FITC’s respective service units and the internal audit function, to ensure cost effective service delivery. He anchors numerous project proposals and is a frontline facilitator in the leadership development programmes of FITC-IFC Global Forum. Segun is an Authorized Trainer on the IFC-Global Corporate Governance Forum/FITC Collaboration on Board Leadership Training in Sub Saharan Africa.

Mr. Alaba Ekundayo

Company Secretary

Alaba is Company Secretary of FITC, responsible for the firm’s secretariat administration, board coordination, education and development, compliance with corporate governance, legal and statutory regulations, stakeholders relations, coordinating board and annual general meetings and legal advisory services.

Alaba is currently a Senior Manager at FITC with over twenty-two (22) years’ experience in Audit and Consultancy, Credit and Marketing, Investment Analysis, Turnaround Strategy Formulation and Implementation, Enterprise Management, SME Administration, Economic Research and Macro-economics and Project Management. Alaba has consistently been an asset to FITC and developed competencies in the services of the firm.

He has a B.Sc. degree in Economics and a Master’s Degree in Business Administration (MBA) from the University of Ibadan and University of Lagos respectively. He is an Associate member of the Nigerian Institute of Public Relations (NIPR) and also an Associate Member of the Institute of Cost Management of Nigeria (ICMN) and Project Management Institute (PMI), USA

He is one of FITC’s internal facilitators on courses and has also participated in many of FITC’s nationwide consulting assignments whilst serving on examination and interview panels for a lot of recruitment and promotion exam projects executed by FITC.

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