Our Board

modupe Ms. Modupe Ladipo

Ms. Modupe Ladipo is the Chairman of EFInA’s Board. Ms. Ladipo served as the first Executive Director/Chief Executive Officer for EFInA for eight years until January 2016; and was responsible for setting up the organisation.

Ms. Ladipo is one of the pioneers of financial inclusion in Nigeria.  She has invaluable experience in financial inclusion, digital financial services, agent banking, and non-interest (Islamic) finance. Data from the EFInA Access to Financial Services in Nigeria surveys was a key source of information in the development of the Central Bank of Nigeria’s National Financial Inclusion Strategy; and is also widely used by a diverse range of stakeholders, including regulators, as a benchmark for financial inclusion in Nigeria. Furthermore, financial services providers use EFInA’s research to develop a range of relevant financial products for the low income population, through gaining insights and understanding of their needs.

Ms. Ladipo has over 25 years of diverse financial services experience, predominantly in investment banking in the UK, covering corporate strategy & development, product development & implementation, mergers & acquisitions, retail and institutional brokerage. She has worked for Tata Consultancy Services, Merrill Lynch, ABN AMRO, the London Stock Exchange and Credit Suisse Financial Products.

Ms. Ladipo holds a Master’s in Business Administration from Manchester Business School and B.Eng. in Chemical Engineering from University College, London.

Will picture 1 Dr. William Derban

Dr. William Derban has 15 years’ experience in providing sustainable, market-based financial services to the unbanked and under-banked in Africa, Europe and the Middle East. He has expertise in financial inclusion, microfinance, digital financial services, sustainability and corporate responsibility.  

He is currently the Director for Inclusive Banking and CSR at Fidelity Bank Ghana Ltd, where he set up the first agency banking programme in the country. Prior to working at Fidelity Bank, Dr. Derban was the Head of Community Relations with Barclays Africa and Emerging Markets where he managed the community investment strategy across 14 countries in Africa, Middle East and Asia. He has also held various senior positions in the Global Community Investment and Financial Inclusion departments in Barclays London. 

In addition to financial inclusion, he has established successful projects on youth entrepreneurship, preventive health, clean energy solutions, women's empowerment and integrated rural development programmes. Dr. Derban has received many awards in recognition of his work, including awards from the Kalahari Mobile Awards, Ghana Banking Awards, Clinton Global Initiative and Coffey International.

Dr. Derban earned his doctorate in Microfinance and Development Finance from the Nottingham Business School, UK. He has an MBA from University of Central England in Birmingham, UK and a first class degree in Economics from the University of Cape Coast, Ghana.

keith pic 1 Dr. Keith Jefferis

Dr. Keith Jefferis is a development macroeconomist and financial sector specialist, focusing on a range of macroeconomic, financial and development policy issues in Botswana and sub-Saharan Africa. He is a former Deputy Governor of the Bank of Botswana.

Dr. Jefferis has a PhD in Economics from the Open University, UK, a Master’s degree in Economics from University of London, and a BSc in Economics with Statistics from Bristol University, UK. He is originally from the UK and is now a naturalised citizen of Botswana.

His recent experience includes assessing the macroeconomic impact of pension reforms in Namibia; preparing financial sector development/financial inclusion strategies for Rwanda, Lesotho, Botswana, Liberia and Laos; developing strategic plans for the Central Bank of Rwanda and the Committee of SADC Stock Exchanges; and analysing the impact of global regulatory changes on banking supervision in several African countries. Furthermore, he has worked with institutions such as the World Bank, the African Development Bank, USAID and other development organisations.

Dr. Jefferis is currently the Managing Director of Econsult Botswana (Pty) Ltd.

Segun Akerele Mr. Segun Akerele

Mr Akerele is the Managing Partner of Segun Akerele Legal Practitioners, a full service law firm based in Lagos, which he set up in 2008. He was admitted to the Nigerian Bar in 1995 after studying law at the University of Hull, where he obtained a LLB Hons degree. His early practice years were spent at the law firm of Chief Rotimi Williams’ Chambers where he practiced for over 10 years. 

As Managing Partner, Mr Akerele is also the Chairman of the firm’s Management Team and coordinates the various practice areas of the firm. In addition to his managerial role, he heads the firm's litigation practice.

Mr Akerele has extensive legal experience across the core areas of commercial activity including Commercial Law, Banking and Finance, Taxation, Intellectual Property, Labour, Employment and Pensions. He has also handled important and complex litigation cases in all the courts and in every region of Nigeria. Mr Akerele’s legal practice extends into criminal law where he specializes in white collar fraud.

Mr Akerele retains an interest in public service and as a consequence he is a Trustee of the Eko Charitable Foundation for Poverty Alleviation, a Trust set up with the specific objects of bringing about positive financial change in the lives of ordinary Nigerians.

Our donors, DFID and The Bill & Melinda Gates Foundation are observers on the Board.