Ade Bajomo
Adeolu Bajomo | |
|---|---|
| Born | Nigeria |
| Alma mater | Obafemi Awolowo University; London South Bank University; Bayes Business School |
| Occupation(s) | Fintech executive, banking executive |
| Years active | 1994–present |
| Known for | President of the FinTech Association of Nigeria; Executive Director for IT and Operations at Access Bank Plc; Executive Director at Nigerian Exchange Group |
Adeolu Bajomo, commonly referred to as Ade Bajomo, is a prominent figure in Nigeria's fintech and banking sectors, currently holding the position of President at the FinTech Association of Nigeria since 2020. His previous roles include serving as Executive Director for IT and Operations at Access Bank Plc and as an executive director on the board of the Nigerian Exchange Group, where he was responsible for Market Operations and Technology.
Education
Bajomo earned a bachelor's degree in Civil Engineering from Obafemi Awolowo University, followed by a master's degree in Information Systems Engineering from London South Bank University. Additionally, he completed an MBA at Bayes Business School. He is a chartered member of the British Computer Society and holds membership in the Institute of Directors.
Career
Beginning his professional journey in 1994, Bajomo worked at Deutsche Bank as Computing Manager before transitioning to Fortis Bank UK in 1997, where he served as IT Director. After a short period with Pearl Insurance Group, he joined Barclays UK between 2007 and 2011 as Regional Head of Transformation Programme. Returning to Nigeria, he spent five years at the Nigeria Stock Exchange (NSE) as Executive Director overseeing Market Operations and Technology.
During his tenure at NSE, Bajomo spearheaded several digital transformation projects, including the rollout of trading platforms such as XGEN, XNET, and the Trade Smart application. Under his guidance, NSE grew to become Africa's second-largest stock exchange by market capitalization, boasting over seven million investors. He also chaired the Market-Wide Infrastructure and Technology sub-committee within the Nigeria Capital Market Committee and was a board member of NASD Plc. After being reappointed in 2016, he stepped down in 2017.
In January 2018, Bajomo joined Access Bank Plc’s board as Executive Director responsible for IT and Operations. He led significant digital transformation efforts and core banking system enhancements that increased the bank’s customer base from seven million to fifty million, establishing Access Bank as Africa's largest retail bank by clientele. He resigned from this role in 2022.
Presently, Bajomo heads the FinTech Association of Nigeria with a mission to accelerate fintech development across the country. Prior to becoming President in 2020, he served as Vice President of the association starting in 2019.