FSDH Culture

Our corporate values and beliefs are at the core of what we do and provide us with a framework of good conduct. The FSDH Culture incorporates the totality of our shared attitudes, values, practices, and goals, and is instrumental to our business’s success. Our Culture is built around these core values:
  • Innovation
  • Team Spirit
  • Respect
  • Integrity
  • Client Focus
  • Trust
INNOVATION: We are innovators in every aspect of our operations and are continually seeking smarter ways of doing business; for our customers and ourselves.
TEAM SPIRIT: We believe in the strength of working together as a united force and have the camaraderie to prove it. Our key to building a great organisation is developing great individuals.
RESPECT: We believe in the dignity of every human being and conduct ourselves accordingly. Our manner of speaking is courteous, our demeanour welcoming, and our approach uncontroversial.
INTEGRITY: Our word is our bond. We pride ourselves on saying what we mean and meaning what we say.
CLIENT FOCUS: We view our relationship with our clients as mutually beneficial. Your success is our success, so we strive to remain a reliable strategic partner to clients and stakeholders alike.
TRUST: The foundation of every great relationship is trust, and FSDH maintains a stellar relationship with all our clients.


FSDH Group

Consists of FSDH Holding Company Limited, a non-operating holding company focused on the provision of progressive financial services in Nigeria, and its subsidiaries; FSDH Capital, FSDH Merchant Bank, FSDH Asset Management and Pensions Alliance Limited (PAL).

FSDH Asset Management

Provides stellar investment solutions tailored to suit the financial position and goals of their clients, and an array of special purpose schemes ranging from Treasury Bills funds to Eurobonds.

FSDH Merchant Bank

Offers a broad range of financial services within Nigeria, in order to create long term sustainable wealth.

Pensions Alliance Limited

Is a licensed Pension Fund Administrator with over 14 years of professional experience in Pension Funds Administration. The company manages and administers retirement savings contributions of employees in Nigeria and has a client base of over 500,000.

Prof. Isabella Okagbue

Non Executive Director
FSDH Capital Limited


Professor Okagbue brings to the Board a wealth of experience from her distinguished career as an academic and lawyer. She is currently a director/partner at Metis Capital Partners Limited.

Afolabi Caxton Martins

Non Executive Director
FSDH Capital Limited


Mr. Caxton-Martins is the Managing Partner in the law firm of ACAS-Law (Adepetun, Caxton-Martins, Agbor & Segun), Corporate & Commercial Group. He brings to the board over thirty years career experience in corporate and commercial transactions particularly in relation to advising on foreign investment and joint ventures, private equity investments, international mergers and acquisitions, infrastructure projects particularly in the ports and telecoms sectors, anti-corruption and compliance due diligence and advisory, media, sports and entertainment law and arbitration. Afolabi is a fellow of the Chartered Institute of Arbitrators (UK) and routinely advises on structuring investments to benefit from bilateral investment treaty protection. He is a graduate of University of London, Nigerian Law School and also a member of the Nigerian Bar Association, The International Bar Association, The Chartered Institute of Arbitrators of Nigeria and the Chartered Institute of Arbitrators UK.


Bukola Smith

Non-Executive Director
FSDH Capital Limited

Bukola Smith holds an MBA from Alliance Manchester Business School, University of Manchester, U.K, and a B.Sc. Economics from the University of Lagos. She is a Fellow of the Institute of Chartered Accounts of Nigeria (ICAN), Honorary Member of the Chartered Institute of Bankers and an Associate Member, Certified Institute of Pensions (Nigeria). She became the Managing Director/Chief Executive Officer of FSDH Merchant Bank in April 2021. She brings 29 years of progressive experience in the banking industry with a track record of strategic execution and leadership. Before her appointment as Managing Director, she was the Executive Director, Business Development at First City Monument Bank and held several other leadership positions since joining in 2006. She was responsible for the banks over 200 branches across the country, Public Sector, Business Banking, Agriculture and Transaction Banking Divisions. Under her, the bank’s SME focused team in 3 years moved from 5th position in the industry to 1st position in 2019 (KPMG Customer Service Report 2020). In addition, she established the FCMB Women in Business Desk (branded SheVentures) which supports female entrepreneurs; and set up FCMB Trustees and FCMB Custody. She was at some point the Divisional Head Treasury, Divisional Head Internal Audit and has also had responsibility for the Investment Banking and Registrar Subsidiaries of the Bank. Bukola also sat on the board on Legacy (now FCMB) Pension Funds Ltd., CSL Stockbrokers Ltd and FCMB Trustees Ltd. Prior to joining FCMB in 2006, she worked with FSB International Bank from 1992 to 2000 and Fidelity Bank plc from 2000 to 2006 gaining experiences in several areas of banking including treasury operations, international trade services, foreign and local currency trading, bond trading, Correspondent Banking and relationship management of Non-Bank Financial Institutions and Private Banking Clients. Bukola currently sits on the boards of Women in Successful Careers (WISCAR), and the Toyin Oni Foundation (NGO for cancer awareness). She serves as a mentor to several young women within and outside these networks.

Toyin Owolabi

Non-Executive Director
FSDH Capital Limited


Mr. Owolabi has over 20 years of banking experience and is the Group Head of Financial Institutions, responsible for developing and managing the relationship with all non-bank financial institutions and other institutional clients. Before joining FSDH, he worked at FCMB and at different times oversaw Financial Institutions, Correspondent Banking and Structured Funding. He was also the Head of treasury at IMB international Bank. Mr. Owolabi’s educational background includes a bachelor’s degree in Agriculture from the University of Ilorin and an MBA from Business School Netherlands. He has attended numerous local and international courses and in addition to financial institutions, is responsible for wealth management and correspondent banking at FSDH Merchant Bank.

Tolu Osinibi

Managing Director
FSDH Capital Limited


Mr. Osinibi has over twenty-five (25) years investment banking, asset management and consulting experience in Nigeria and Europe. He has led numerous project teams advising the Nigerian Government, major multinational clients and large local corporate institutions on major financial transactions. He worked with FCMB Capital Markets Ltd. (MD), KPMG Nigeria (Director) and Shell Nig. Closed Pension Fund Administrator (Chief Investment Officer). He was formerly Vice President at JP Morgan, London and holds a B.Sc in Economics from the University of St. Andrews, Scotland.