Ayodeji Owadara

I am a holder of a Master Degree in Global Corporate Compliance with over 10 years of experience in Ethics and Compliance. My unique experience in the field of ethics and compliance both as a practitioner and a consultant has exposed me to global best practices in the field. As an Ethics and Compliance Officer, West Africa for GlaxoSmithKline, I was able to work on a number of Global Compliance and Ethics initiatives with a wide range of stakeholders across the Company’s network of countries.

Following my transition to a compliance consultant, I have been able to leverage this experience to serve my clients with a focus on using behavioural science to change behaviour. This is due to the fact that a successful compliance and ethics program is only achievable through people behaving according to laws, policies, and procedures.

Professional Experience

Behavioural insights.Lagos, Nigeria 

Principal Consultant, Ethics and Compliance Services Jan 2020- till date

• Enhanced the Ethics and Compliance practices of a pharmaceutical company by conducting a diagnostic review of the Ethics and Compliance Framework
• Improved regulatory compliance performance of a mortgage bank by developing Compliance Risk Management Plans (CRMP) and a monitoring program for a leading commercial Bank 
• Improved the speak-up culture of a haulage company by conducting a Behavioural Risk Assessment 
• Improved operational efficiency of business processes of a pharmaceutical company by simplifying compliance processes
• Facilitated a countrywide compliance training for a mortgage bank for over 1000 staff 

KPMG Professional Services(KPMG) Lagos, Nigeria

Senior Manager, Risk and Quality Management Dec 2017- Dec 2019

• Coordinated the achievement of a Green (Excellent) compliance rating in the KPMG Global Compliance Review
• Simplified five (5) existing compliance processes to improve operational efficiency e.g. Automation and integration of gift register with expense system
• Trained 175 third parties at the firm’s inaugural vendors forum on KPMG’s Anti-Bribery and Corruption (ABAC) Policy
• Developed a regulatory compliance rulebook comprising all applicable laws to minimize regulatory compliance infractions 

GlaxoSmithKline Consumer Nigeria Plc (GSK), Nigeria Lagos, Nigeria

Ethics and Compliance Manager, West Africa (Nigeria, Ghana, Gambia, and Sierra Leone) Sept 2013- Oct 2017

• Improved the utilization of the speak-up channels by 50% through the relaunch of the speak up programme
• Launched the Third-Party Oversight (TPO) framework across West Africa to improve third party oversight
• Improved the compliance culture through a West-Africa wide roll-out of the Living Our Values Everyday (LOVE) campaign
• Facilitated roll-out of West- Africa wide compliance champion campaign to improve compliance ownership and awareness
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KPMG Professional Services (KPMG), Nigeria Lagos, Nigeria

Manager, Financial Risk Management Oct 2011- Sept 2013

• Set up the compliance risk management functions for two (2) Commercial Bank by developing compliance “rule book”, monitoring plans, and procedural manuals
• Prevented fraud of NGN 150M for a foremost commercial bank client via control environment review
• Reduced procurement cost by 13% by revamping the procurement-to-pay process (P2P) in line with the “3- bids and 1- buy” principle for a Nigeria bank

Stanbic IBTC Bank Plc (Member of the Standard Bank Group) Lagos, Nigeria

Manager, Financial Risk Management Oct 2010- Sept 2011

• Coordinated activities for managing operational risk for units within the Corporate and Investment Banking division i.e., Global markets, transactional products & services, investment banking, global market operations, private equity, private client services, corporate banking, and investor services

Pwc Lagos, Nigeria

Manager, Compliance Sept 2010- Oct 2010

• Monitored compliance with applicable external laws and regulations as well as internal policies and procedures to help manage PwC's regulatory, litigation, and reputational risk

KPMG Professional Services(KPMG) Lagos, Nigeria

Senior Consultant, Risk Advisory and Audit & Assurance Oct 2005- Sept 2010

• Performed quality review of Internal audit functions for Three (3) companies
• Developed compliance rule book for four (4) commercial banks to reduce regulatory compliance infractions
• Developed a Risk Control Self-Assessment (RCSA) toolkit to aid risk identification and assessment 
• Design of credit and operational risk management frameworks for two(2) commercial banks

Education

IE Law School Madrid, Spain

Masters in Global Corporate Compliance (Masters in Law) Mar. 2021 - Jul. 2022

• Recipient of IE Middle East & Africa Scholarship 

Association of Certified Fraud Examiners(ACFE)

Certified Fraud Examiner (CFE) June 2022

New York, University School of Law New York, USA 

US Corporate Law and Governance Certificate May 2021

Ethics and Compliance Initiative (ECI)

Leadership Professional in Ethics and Compliance certification (LPEC) June 2015

Institute of Chartered Accountants of Nigeria (ICAN)

Associate Chartered Accountant (ACA) May 2013

Obafemi Awolowo University (OAU) Ile-Ife, Nigeria

B.Sc. Civil Engineering (Second Class Upper Division) August 2004

• Best graduating student in Department