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Mr. Olutola Mobolurin earned his undergraduate degree in Finance and Accounting from the State University of New York and an MBA from York University in Toronto, Canada.
He is a distinguished Fellow of the Chartered Institute of Stockbrokers and led the organization as its President from 2001 to 2003.
He had served on the Council of The Nigerian Stock Exchange and was the founding Chairman of NASD (Over the Counter Market) Plc until October 2023.
He continues to serve as the Chairman of the Board of Fellows of the Institute.
In his more than four decades of career in the financial services sector, Mr. Mobolurin gained expertise in securities analysis, trading, financial advisory, mergers and acquisitions, debt management, and more.
He began his professional career at Plateau Investments Company in 1977 before joining City Securities Limited the following year.
In 1979, he joined Chase / Continental Merchant Bank, eventually becoming a Deputy General Manager and Head of Corporate Finance.
He became the Managing Director at Capital Bancorp Limited, a position he held from 1988 to 2006.
In 2007, he became Vice Chairman and Group CEO of Crusader (Nigeria) Plc and was the founding Chairman of CrusaderSterling Pensions Limited.
He was Chairman of Purple Capital Group until January 2022.
He currently serves as Chairman of Capital Bancorp Plc and an Independent Non-Executive Director of TotalEnergies EP Nigeria CPFA Limited.
Mr. Mobolurin has made significant contributions to the public and private sectors.
In 2000/2001, he was Chairman of the Securities and Exchange Commission’s Committee on reactivation of the Nigerian Bond Market.
He led his Capital Bancorp Team in bringing the Federal Government back to the Bond Market in 2003 after a 17-year hiatus.
In 2004, he served as a Consultant to the Senate Committee on Pension Reform and chaired the Capital Market Master Plan Implementation Committee from 2015 to 2020.
His current market-related advocacy is centered on increasing domestic risk capital formation to enable rapid economic growth in Nigeria and enhance public access to financial services while promoting digital transformation in the Financial Services Industry.
He joined the Board of the Bank effective November 19, 2013, and was appointed the Chairman of the Board effective July 1, 2023.