Our Board

The board of IBFCAlliance Limited is made up of seasoned professionals who have varied experiences in Consulting, Capital Markets and Banking. The Board is chaired by Oluwatofarati Agusto with Obafunmilayo Agusto as Managing Director and supported by two Non-Executive Directors, Sade Odunaiya and Titilayo Olujobi.

Please find below, profiles of the members of our board.


Oluwatofarati (Tofarati) Agusto is a Fellow of the Institute of Chartered Accountants of Nigeria and an Associate Member of the Chartered Institute of Stockbrokers. He was a member of the Capital Market Committee, an advisory body of the Securities and Exchange Commission (SEC), on policy formulation. He is currently the chairman of IBFCAlliance Limited.

Tofarati Agusto has worked in various capacities spanning professional accounting practice, industry and financial services. He worked with Akintola Williams & Co. (member firm of Delloitte Touché Tohmatsu International) between 1980 and 1985. Whilst there, he rendered a range of professional services to clients in banking, insurance, trading and manufacturing industries.

He joined SCOA Nigeria Plc, a multinational conglomerate in 1985 where he served in various managerial positions and gained tremendous experience. He left SCOA in 1990 as the Head of its Group Management Control Department.

In 1991, Tofarati co-founded and promoted WSTC Financial Services Limited, where he has been the Managing Director and Chief Executive Officer since its inception. At WSTC, Tofarati Agusto provides leadership in the areas of Strategy and Policy. He also handles top end relationship management and marketing across product lines.


Funmi Agusto graduated with a Second Class (Upper) Honours degree in Mathematics from the University of Lagos and is a merit award winner of the Institute of Chartered Accountants of Nigeria. 

He started his career at Arthur Andersen (now KPMG Professional Services) where he spent over eight years working in the Audit and Business Advisory units. In 1992, he left Arthur Andersen to co-found IBFC Limited (Business and Financial Consultants). At IBFC, Funmi was responsible for managing the financial services consulting, tax consulting, investment and wealth management portfolios of the business.

In 1999, IBFC Limited merged with the business consulting department of Agusto & Co. Limited to form Alliance Consulting.

As the Managing Partner of Alliance Consulting, he consulted for several top banks, insurance companies, discount houses and other leading companies in West Africa.

He is very knowledgeable about the Nigerian economic environment and its key business sectors.

Funmi is presently the Managing Director of IBFCAlliance Limited. He facilitates training programs in the areas of financial analysis, stock market analysis, asset and liability management, country risk analysis, credit analysis/risk management and investment analysis/appraisal.

FOLASADE ODUNAIYA, B.SC, FCA, CFA - Non-Executive Director (Business Consulting)

Sade graduated with a First Class (Honours) degree in Computer Science and Economics from the University of Ife (now Obafemi Awolowo University) and is a merit award winner of the Institute of Chartered Accountants of Nigeria (ICAN).  She was awarded the Chartered Financial Analyst Charter by the CFA Institute in the year 2000 and was the immediate past President of the Nigerian chapter of the CFA Institute.

She spent six years in the Audit and Business Advisory units of Arthur Andersen (now KPMG Professional Services) before joining IBFC Limited (Business & Financial Consultants) in 1993. At IBFC, she was responsible for managing the firm’s training business, and also participated in several financial and tax consulting assignments.

In 1999, IBFC Limited merged with the business consulting department of Agusto & Co Ltd to form Alliance Consulting, a firm specialized in financial consulting / advisory services, strategy and process consulting, human resource consulting, solicited market/investment research and risk management consulting services.

Immediately after the merger, she was seconded to IBFCAgusto Training as the Chief Executive Officer for two years. She returned to Alliance Consulting to manage the Process / Risk Management and Human Resource Consulting services of the firm.

Currently, Sade is a Non-Executive Director in IBFCAlliance Limited. She facilitates training programs in the areas of accounting, business finance, financial analysis,   investment / portfolio analysis, treasury management and credit risk analysis / management amongst others. She is also an Action Coach-certified business coach.

TITILAYO OLUJOBI, B.SC. FCA - Non-Executive Director (Learning & Development)

Titilayo Olujobi graduated with a B. Sc. (Honours) degree in Economics from the University of Ife (now Obafemi Awolowo University) in 1985 and qualified as a Chartered Accountant in 1989.

In 1990, she joined Nigeria International Bank Limited (now Citibank Nigeria Limited; a subsidiary of Citigroup) as a Management Associate. During her seventeen (17) year career at Citibank, she worked in various capacities including Head of the Treasury Operations Department, Money Market Head and Foreign Exchange Head in Treasury, Financial Controller, Senior Relationship Banker in the Energy (Oil & Gas) Group and Senior Credit Analyst. She rose to the level of Vice President (Deputy General Manager) before she left in 2007.

She has served in various leadership roles including chairing the FX Committee of the Money Market Association of Nigeria, chairing NIB’s Communications Team and its Voice of the Employee Committee.

Titi joined IBFCAgusto Training Limited in 2008 as the Managing Director where she was responsible for driving the strategic focus of the organization. In 2014, with the consolidation of IBFCAgusto’s training business with the consulting practice of Alliance Consulting to form IBFCAlliance Limited, she became the Executive Director, spearheading the training business of the organization. She is currently a Non-Executive Director with IBFCAlliance Limited.

Titi is a Certified Professional Coach who has achieved her certification based on the International Coaching Federation’s (ICF’s) requirements. She has created a niche in the areas of Business and Executive Coaching. Titi is a Clarity4D Accredited Business Partner and a seasoned facilitator.

With the vast experience that she has garnered over the past three decades, she brings valuable insight to her coaching and facilitation engagements and adds significant value to clients who cut across various cadres and industries straddling both the technical and behavioural divides.

Get In Touch

  • IBFCAlliance Limited,
    East Wing, 3rd Floor, City Hall, Catholic Mission Street, Lagos Island, Lagos. Telephone: +234(0)812-172-2312, (0)813-320-1797
    Email: knowledge@ibfcalliance.com