David Olaogun

Professional Project and Corporate & Structured Finance specialist with profound knowledge in Investment and Corporate Banking spanning 20+ years across corporate, credit structuring, investment and financial planning, and management of large ticket debt/equity investments. Over the years, directly involved in project and corporate financing and credit intermediation processes for diverse green & brown field infrastructure projects, portfolio investment consideration in traditional and alternative investment vehicles, merger & acquisition and Corporate Restructuring across Republic of Nigeria, Republic of Guinea Conakry, The Gambia Republic and Seria Leone.

Head, Corporate and Structured Finance at Investment One Financial Services Limited (2019-10 – Present)

Design the strategic pathway for the team towards achievement of corporate objectives of the group including budget, target setting for team members and strategy for achieving annual budget. Lead the business development initiative for structured finance and advisory team. Focus on infrastructure projects, business expansion and corporate finance transactions for the institution.

Present All

Investment proposals at the Management Investment Committee meeting. Prepare and seek approval for all approved investments at MIC from Technical Advisory Board committee.

Manage

Investment portfolio of debt and equity investments created under the Capital Management company of the institution. Such investment include Construction projects, Real Estate, Commodities and Investment in traditional asset such as Bond and Treasury bills. Lead credit creation and structuring processes for the team.

Including business case analysis, due diligence process and credit creation process in line with Credit Policy of the company. Coordinate development of Investment Memorandum, Capital/ funding structure for debit and equity capital market raise, manage transaction plan and financial close for identified investment programs. Provide support to both Directorate Head and other subsidiary companies in the group - Venture Capital and SMEs finance businesses.

Manage the key performance yardstick for the Capital Management company of the institution. Manage all investments (debt funding) to ensure repayment and generation of decent returns to the company.

• Member Asset and Liability Committee (ALCO)
• Lead Appraisal and Financial intermediation specialist for the N9 billion debt funding for revamping of the 30MW Gas Turbine Plant, the construction of an 18km double-circuit 33kV power evacuation line, and the construction of a 3.5km gas supply pipeline, for operational commissioning, power evacuation, and generation optimization at ASB Valiant Ondo State government IPP, Ore, Ondo State October 2025
• Lead Appraisal and Financial intermediation specialist for the US$6 million Counterpart funding for the acquisition of 250 numbers of SCANIA Buses for the operation of Lagos State Government Concession programme for the Mass Transit Bus Initiative August 2025
• Lead Appraisal and Financial intermediation specialist for a US$6.5 million acquisition of 86% controlling stake in Champion Breweries Plc by Evercorp Industries Limited and EnjoyCorp Ltd, Nigeria July 2025
• Lead Appraisal and Financial intermediation specialist for a US$2 million funding for the development of 6MMSCF/D Compressed Natural Gas Plant at Atakobo Southwest Nigeria January 2025
• Lead the credit review and processing for the acquisition of sea moving vessel for evacuation of crude oil from the delta February 2025
• Lead business case appraisal and structuring of a US$10m revolving credit for downstream oil & gas commodity trading in partnership with a JV company in Nigeria January 2023 – 2024
• Lead Appraisal and structuring of a US$45m debt funding and financial close for a 2km under-water gas pipeline infrastructure construction using HDD & Direct Tunneling method in the Niger-Delta Nigeria August 2020 – to date
• Lead a N2 billion debt capital funding for an expansion programme for a Steel galvanizing processing plant in Southwest Nigeria January 2024
• Lead US$10m debt and equity funding raise structure for OML 34 HDD pipeline infrastructure construction in Delta State, Nigeria November 2023
• Lead equity divestment programme, preparation of Investment document, Valuation and identification of investors for a large-scale food processing plant in Southwest Nigeria, August 2023
• Lead appraisal and investment of N1 billion in a FMCG company to produce fruit drink March 2025
• Lead the appraisal and processing of $5m Debt Funding for HDD pipeline infrastructure at the Delta for Crude Evacuation July 2022
• Lead appraisal and structuring US$27m debt funding and close for a 12km oil pipeline asset replacement along major OML 34 using HDD method in the Delta region of Nigeria 2021 to date
• Structuring and management of debt and equity funding of US$10m & US$100m (offshore) completion of greenfield project for a 300 million liters capacity downstream oil & gas asset and retail outlets operation in Southwest Nigeria January 2020
• Lead a N500million debt structure team for a Real Estate JV development project in Lekki, Lagos amongst others

Team Lead Power & Oil Service Business at Wema Bank Plc (2017-04 – 2019-09)

Lead business development initiatives for power and oil service business. Lead debt facility creation and appraisal processes for debt investments. Including business case analysis, review of financial statements and cashflow modeling review.

Manage relationship in the upstream and midstream Oil & Gas sector. Presentation of Investment proposal at the Management Credit Committee meeting. Lead transaction inspection and monitoring team. Coordinate performance yardstick and strategic objective delivery for the team.

Defend performance at the Management Monthly Performance Review meeting.

Team Lead, Project & Structured Finance at Wema Bank Plc (2016-08 – 2017-03)

Lead business development initiatives for project financing transactions. Lead credit creation and appraisal processing for debt investments. including financial analysis, audited account review and cashflow modeling. Management of large size business relationship in the Investment Bank Division.

Lead project monitoring and inspection team. Presentation of Investment proposal at the Management Credit Committee meeting. Coordinate performance yardstick and strategic objective delivery for the team.

• Structuring and financing of N6b debt - equity for LCNG / Captive Power project in Port Harcourt, Nigeria 2017 -2018. This include business case review, industry analysis, cashflow modeling and viability appraisal
• Structuring and financing of 6MW Captive Power Generation and Distribution solution for 12,000 retail Market in Abia, Nigeria 2018 including feasibility and viability appraisal, cashflow modeling and financial statement review
• Acting as the Facility Agent for a US$40m / N6b club Project Finance lending with Africa Development Bank (AfDB) for a leading Private University in Nigeria October 2016 - 2018 including completion of a Teaching Hospital infrastructure
• Structuring N2b acquisition funding for a Vegetable Oil processing plant in Rivers, Nigeria 2017 including business case and industry analysis, projected cashflow review and presentation of business case at Investment Management Committee meeting
• Structuring a US$3m funding for Oil Services company in the Southwest, Nigeria 2019

Project Finance and Senior Investment Analyst at Skye Bank Plc (now Polaris Bank Limited) (2008-06 – 2016-07)

MBA in Master of Business Administration – University of Manchester, Alliance Manchester Business School (2021-01 – 2022-12)

BSc in Estate Management – Obafemi Awolowo University Ile-Ife (1998-09 – 2004-08)