Our principal consultant,
Omoruyi C. Iyamu, a banker of 20 years, was the General Manager and
Head of Diamond Bank’s Investment Banking Division. As head of
Investment Banking for 5½ years at Diamond Bank, he was involved
in a broad range of corporate finance, project finance and SME transactions
across a variety of industries. Some of these transactions include:
• Establishing a USD30 million medium-term
loan Fund for local oil services contractors, in conjunction with Shell
and IFC.
• Arranging a USD10 million 7-year
term loan through US EXIM Bank for the acquisition of marine vessels
by an oil services contractor.
• Leading the project team for
a consortium of 3 banks in the acquisition, restructuring and capital
raising for a major regional bank in Nigeria.
• Leading a consortium of advisors
in the privatization of a major hotel for the Bureau for Public Enterprises
(BPE), and the privatisation of a major cement company.
• The restructuring and capital
raising for an SME paints and resins manufacturer.
While at Diamond Bank, Mr. Iyamu drove the
establishment of the SME Advisory and Investments Unit in the Bank and
supervised its operations. N295million was successfully invested in
17 SMEs by the Unit between November 2001 and May 2004. Mr. Iyamu was
also a member of the Advisory Committee for a US$35million private equity
Fund and a member of the Advisory Committee for a sizable SME investment
vehicle in which 11 banks are limited partners.
Before Diamond Bank, Mr. Iyamu had worked
for 3 years as the Head of Investments and Pension Administration at
UBA Capital and Trust, where he managed a N4 billion portfolio of pension
and other funds. He also worked for over 10 years at International Merchant
Bank in various functions, including: Credit and Marketing, Funds Management
and International Treasury. Mr. Iyamu has actively worked as a facilitator/trainer
for one of the major bank training companies.
Mr. Iyamu has a B.Sc. in Finance (1979) and
an MBA in Finance and Management (1981) from the University of Tennessee,
Knoxville, USA |