ADEBOLA EMMANUEL SOFELA
B.Sc (Hons), MBA, FCTI, FCS, FCIB, FCA
Local Government: Obafemi Owode
Ward: Ofada Ward 2
QUALIFICATIONS, EDUCATION AND TRAINING
Final professional examination of the chartered institute of stock brokers of Nigeria (2011)
Masters Degree in Business Administration University of Lagos (MBA). 1996
Final Examination for Membership of the Institute of Chartered Accountants of Nigeria (1989).
Final Examination for Membership of the Chartered Institute of Bankers, London (ACIB LONDON). 1988
B.Sc. Accounting, University of Ilorin. 1986/87
OND Business Administration, Ogun State Polytechnic. 1982
International School University of Ibadan- WAEC 1980
Membership of Professional Bodies
Associate Member of the Chartered Institute of Bankers of London (ACIB) London -1988
Fellow of the Institute of Chartered Accountants of Nigeria (FCA) – 2002
Fellow of the Chartered Institute of Bankers of Nigeria (FCIB) – 2003
Fellow chartered institute of taxation of Nigeria (FCTI -2019)
Fellow Chartered Institute of Stock Brokers of Nigeria (FCS) – 2021
Continuing Professional Education: Courses Attended
Harvard Business School – Driving Corporate performance – from score keeping to strategy
Wharton Business School: Executive Leadership Master Class
SUMMARY OF CAREER PROFILE
Adebola Sofela is a seasoned professional with a wealth of experience in financial services. He graduated with a B.Sc. (Hons) in Accounting in 1986/87 from the University of Ilorin and got an MBA in Finance from the University of Lagos in 1996. He qualified as a Chartered Banker in 1988, a Chartered Accountant in 1989, and a Chartered Stock Broker in 2011. Adebola has completed curses at the prestigious Harvard Business School, Wharton Business School and INSEAD. He is a fellow of the reputable Institute of Chartered Accountants of Nigeria, the Chartered Institute of Bankers of Nigeria, The Chartered Institute of Taxation of Nigeria and the Chartered of Stock Brokers. In the past, he also served on some of the Committees of Council.
Adebola’s career is filled with 32 years of post-graduate experience that spans banking, financial services, and telecommunications. In addition, he has varied experience in the following areas: domestic and treasury operations, financial planning and control, internal audit, treasury services, corporate and project finance, investment banking, risk management, regulatory compliance and tax planning, and regional banking business and relationship management. His regional banking experience includes the retail, commercial, corporate and public sector.
Over the course of his extensive banking career, he became adept with government accounts and accounting. He developed strategic relationships with state and local governments, providing finance for development projects and offering revenue collection services. He is also well versed with the transition from IPSAS (International Public Sector Accounting Standards) cash-based accounting to IPSAS accrual-based accounting, the deployment of IPPIS (Integrated Payroll and Personnel Information System), and other governmental initiatives to improve efficiency and reduce the cost of governance.
He worked in the banking industry up until August 2011, rising up the ranks to Divisional Director and General Manager at Equatorial Trust Bank Limited (Now Sterling Bank PLC). Afterwards, he transitioned to the telecommunications industry as the Group Treasurer and Director of the Executive Office at Globacom Limited. He held his position at Globacom Limited until February 2018.
Adebola also served as the Managing Director/CEO of Bridge Capital and Investments Limited. He was able to hone his entrepreneurial drive in financial advisory services, stock broking, investment management, tax advisory services and financial consulting. He committed his time to regularly working with SMEs and as a result, became very acquainted with the problems they encounter with Development Financial Institutions. He provided tailored and customized solutions to these companies and assisted them with overcoming the challenges of accessing financial assistance.
After an extensive career in the private sector, Adebola is now utilizing his skills and making an impact in the public sector. He is currently the Managing Director and Chief Executive Officer of the Lagos State Number Plate Production Authority, the flagship state corporation that produces vehicle number plates and aluminium based signage. He has held this position since August 2019.
SENATORIAL AMBITION/VISION
Having served in the corporate world in various capacities, coupled with my most recent exposure in the public service, it is my desire and aspiration to serve my people by participating in politics and governance.
After due consultations with strategic and all stakeholders in our senatorial district, I have decided to seek for elective position and to contest as SENATOR representing Ogun central in the senate (upper chambers of the National Assembly)
It is my desire to offer fresh perspectives and pragmatic representation that would bring unprecedented socio- economic development to our senatorial district and our dear state as a whole.
I therefore, humbly seek for your prayers and support in the pursuit of my aspiration and our collective good.
God bless Ogun central senatorial district
God bless Ogun state
God bless Nigeria
Yours very sincerely,
Adebola Emmanuel Sofala
Senatorial Aspirant Ogun Central
O ti se se (It is possible)