Lanre Afolabi: Group Chief Operating Officer

He is presently the Group Chief Operating Officer (GCOO) of Femab Group of Companies. To this position, he brings over 20 years’ experience, including management-level experience, in the financial services sector; ranging from mortgage banking through real estate investment/commercial banking. Prior to joining Femab Group of Companies, he was the DGM, Business Development Group of Homebase Mortgage Bank Limited, where he was responsible for the overall budget performance of the bank. Lanre worked with New Prudential Mortgage Bank (Now, Prudential Mortgage Bank) for over 3 years, where he served as the Group Head, Products & Marketing and also as AG. MD/CEO for over one year. He also worked at FBN Mortgages (Now, First Trust Mortgage) for over a period of 6 years and was at various times, the Business Development Manager (BDM), for Lagos & Ibadan and Branch Manager (BM), Abuja. He left as Head, Real Estate Investments & Mortgages and also served as a Management staff. ‘Lanre possesses significant hands-on experience in mortgage origination and financing, products development, construction finance for developers of multi-family housing unit or commercial projects and management of various proprietary real estate developments in the course of establishing viable portfolios at FBN Mortgages (Now, First Trust Mortgage) & New Prudential Mortgage Bank (Now, Prudential Mortgage Bank). However, prior to his joining First Bank of Nigeria Group, ‘Lanre has gained significant and diverse finance based experience having worked as Head, Private Banking, Branch Manager, Head, Credit and Marketing as well as in the Consumer Banking group of different banks. He has attended several courses in various aspects of Banking, Mortgages and Real Estate investments and financing. He is married with children.