Welcome to Network Capital Limited (Member of The Nigerian Stock Exchange)
Network Capital Limited, formerly known as Crescent Capital Limited is a limited liability company,
incorporated to carry out the business of stockbroking, portfolio management and other allied businesses.
Network Capital Limited is licensed and registered by The Nigerian Stock Exchange and Securities and
Exchange Commission to function as Broker/Dealer and is currently trading on the floor of
The Nigerian Stock Exchange.
The Company’s Head Office is located at No 13 Maitama Sule Street, South west, Ikoyi, Lagos.
Ownership and Capital Base
Directors and Top Management Staff
Mr. Akinretoye was an astute career banker and highly experienced Money Market dealer.
With 34 years cumulative banking experience, most of which was at top management level,
he retired as the Managing Director/ Chief executive of Consolidated Discounts Limited.
An active and well exposed player in the money and capital markets, he was a 2-term president
of the Money Market Association of Nigeria (MMAN), now Financial Market Dealers Association of Nigeria (FMDA).
He is an honorary senior member of the Chartered Institute of Bankers; fellow of Certified Pension Institute of Nigeria;
fellow of the Chartered Institute of Credit Administrators and fellow of the Institute of Cost Management of Nigeria.
Mr. Akinretoye’s work experience covered all aspects and levels of Commercial Banking with vast exposure in Corporate Banking, Advances and Credit, money and capital market operation and management.
As an investment executive at Union Trustees Limited, he was a pioneer in the set-up of the Association of Pension Fund and Investment Managers of Nigeria (APFIM). He was Assistant Chief Accountant and later Treasurer of Union Bank of Nigeria, before joining the service of Consolidated Discounts Limited as the pioneer Chief dealer. He rose through the General Management ranks to become the Managing Director/CEO until his retirement.
A product of the renowned “The Catholic University of America”, Washington D.C., with a Bachelors and Masters degree in Accounting, he also holds an MBA finance degree from the South Eastern University, Washington D.C. USA.
Throughout his career, Mr. Akinretoye benefited from vast exposures to top level management courses in leading global institutions including Harvard University, University of Columbia NY, Euromoney, Witts Business school of the University of Johannesburg, Lagos Business school of Pan African University etc. etc.
Mr. Dada is an accomplished stockbroker and banker. He is an authorised Dealing
Clerk of The Nigerian Stock Exchange, as well as Fellow Member of the Chartered
Institute of Stockbrokers and Chartered Institute of Bankers of Nigeria.
He graduated from Leeds Business School of Leeds, Metropolitan University, United Kingdom
where he obtained a Masters Degree in Corporate Governance. Prior to this, he was at the
University of Lagos between 1985 and 1988 where he obtained a Bachelor of Science Degree
in Business Administration. He later had a Masters Degree in Business Administration.
His work’s experience covers Stock broking, Issuing House Activities, Credit Appraisal, Accounting,
Investment Advisory services, and General Administration. He is an alumnus of three top-rated business
schools: Gordon Institute of Business Science, University of Pretoria, South Africa, New York Institute
of Finance, New York, United States of America and Leeds Business School, United Kingdom.
Prior to this time, Mr. Dada was a member of Senior Management staff of Marina International Bank Limited, that later merged with Access Bank Plc, where he was seconded to Marina Securities Limited to function as General Manager and Chief Operating Officer. He was also the Chief Executive Officer of Pyramid Securities Limited for Six years.
Dr. (Mrs.) Ayodeji is a medical practitioner. She started her working career as a banker before veering into the Medical sciences. She is a product of Howard University, Washington D.C. where she graduated with a BSc. degree in Biology (minor in Chemistry). She also attended Johns Hopkins University, Baltimore, Maryland where she earned her Masters degree in Biotechnology with a concentration in Bioinformatics. She attended Avalon University College of Medicine, for her medical degree and currently attending Walden University, in pursuit of a Masters degree in Healthcare Administration.
Mrs. Ayodeji’s vast exposure cuts across banking to the sciences. She had an early career in banking with Citizen’s Bank, Washington D.C. and later Crestar Bank, Maryland, USA. Since her change of career focus, she has served as Project Officer/Project Manager (Lieutenant) in the United States Public Health Services (USPHS) in various capacities at the Department of Health and Human Services (DHHS), office of Biomedical Advanced Research and Development Authority (BARDA) in Washington D.C, for acquisition of medical countermeasures. Prior to that, she was a Regulatory Research Officer at the United States Food and Drug Administration (FDA), Laurel, Maryland, as well as a Research Associate at The Institute for Genomic Research (TIGR), Rockville Maryland, USA. Mrs. Ayodeji has sundry Abstracts, Publications and presentations to her credit.
Mr Mafikuyomi the Managing Director/Chief Executive Officer of Woodbrass Petroleum Limited.
Prior to now, he was an Executive Director/Chief Operating Officer of Acorn Energy Limited.
He joined Acorn as the Financial Controller in August 2007. During which time he supervised the
company’s capital raising exercise through private placement, which was oversubscribed.
Due to his desire for the growth of the company, he was moved to set up the company’s Supply and
Trading Division as pioneer General Manager in July 2008. The Supply and Trading Division metamorphosed
into Acorn Energy Limited in July 2009 with offices in Geneva and Lagos. He also worked in
LAGBUS Asset Management Limited as Financial Controller. LAGBUS is an initiative of African Export-Import Bank
(AFREXIM) and the Lagos State government where he managed the evolution of change in Lagos intra-city transportation
system. He was also responsible for corporate finance, treasury management and financial reporting.
At various times, he also worked in Standard Chartered Bank as Project Manager, United Bank for Africa Plc,
Metropolitan Bank Limited, Skye Bank Plc, and Access Bank Plc
Mr Mafikuyomi holds a Bachelor of Arts Degree (Hons.) in Business and Management from Leeds Metropolitan University, England and he is also an Associate Member of the Institute of Chartered Accountants of Nigeria
Mrs. Akinretoye had a distinguished career at the Federal Civil service until her retirement as a
Chief Systems/Programs Analyst at the National Bureau of Statistics, Abuja, Nigeria.
She is a product of the University of the District of Colombia, Washington D.C. where she earned her
Bachelors degree in Computer Science.
Through her exposure and participation at senior levels in the execution of sundry key projects by the National Bureau of Statistics in cooperation with the European Union (EU) and the World Bank, she benefitted immensely from exposure to diverse courses required by the dynamic industry.
Since her voluntary retirement, Mrs. Akinretoye has focused her business pursuits on IT, Textiles, Cosmetics, and Biofuels.
Mr. Otun is the Compliance Manager of the company. He is a qualified member of the Association of Certified Chartered Accountant (ACCA) and holds a Master of Business Administration Degree specialising in Finance from the Lagos State University. He also holds a Bachelor of Science Degree in Applied Accounting from Oxford Brookes University, United Kingdom. He was, at various times, in GTBank Plc and Guaranty Trust Assurance Plc, now Mansard Insurance Plc. He left Guaranty Trust Assurance Plc in 2008 to further his studies in the United Kingdom. While in the United Kingdom, he worked for Dayfos Limited from 2009 until February 2011 as Management Accountant. His work‘s experience covers Transaction Services, Administration, Accounting and Capital Market.
Mr. Adeonipekun holds a Bachelor of Science Degree in Accounting with Second Class Upper Division from OlabisiOnabanjo University, Ago-Iwoye, Nigeria and a Higher National Diploma in Accountancy from Yaba College of Technology, Nigeria. He is an Alumnus of the prestigious Lagos Business School (Advanced Management Program). He qualified as a chartered Accountant (ICAN) in 1997 and was admitted as a Fellow of the Institute of Chartered Accountants of Nigeria in 2013. He is an Associate member of the Chartered Institute of Stockbrokers and an Authorized Dealing Clerk of the Nigerian Stock Exchange.He is also an Associate member of the Chartered Institute of Taxation of Nigeria and a Certified Microfinance Banker (CIBN). He has over 18 years post qualification working experience including 14 years in banking industry, which spanned through Marina International Bank Ltd (now Access Bank Plc), Sterling Bank Plc and First City Monument Bank Plc as Head of Financial Reporting with specialization in financial modeling, reporting and control. Ayo’s expertise and exposure are widely acknowledged in the financial control sector of the banking industry. He also has a brief stint with stock broking as Head of financial control department at Cross world Securities Ltd (a member of The Nigerian Stock Exchange) in 2006 during which he qualified as a Stockbroker. He works as Chief Dealer in Network Capital Limited.
Mr. Olympio holds a Higher National Diploma in Computer Science from Federal Polytechnic Offa. Prior to joining Network Capital Limited as Head of Information Technology, he functioned as the System Data Administrator at Nigerian Telecommunications Limited and Head of IT supports at Globalseam Technology Limited.