Olusegun Babalola Ogbonnewo
Olusegun Babalola Ogbonnewo
Mr. Olusegun Babalola Ogbonnewo has over 30 years’ experience spanning across banking, human capital development, operations and technology, payment systems and fintech. He is currently the Operating Director, Tengen Family Office. Prior to this, he occupied several roles in Access Bank Plc between 2006 and 2017 including Group Head, Channels Services; Head, Transaction Services Division; Group Head, Domestic Payments; Group Head, Central Processing Centre Group; and Group Head, Settlements and Payments. He also served in various capacities in Guaranty Trust Bank between 1993 and 2006 including Head, International Settlements, and Divisional Head, Banking Operations and Information Technology. He was HR Officer, Branch Manager and Programme Officer in Peoples Bank Nigeria Limited between 1990 and 1992.
He has attended several renowned leadership and professional development programs including the High-Performance Leadership Program organised by Institute of Management and Development (‘IMD’); Corporate Restructuring Program organised by Harvard Business School; Achieving Outstanding Performance by INSEAD and several global payments and systems processing courses organized by VISA, MasterCard, Verve and Entrust amongst others.
He holds a Bachelor of Arts in Education and a Master’s in Public Administration from University of Ilorin. He also holds a Master’s in Business Administration from IESE, University of Navarra Barcelona Spain/Lagos Business School. He is an Honorary Senior Member of the Chartered Institute of Bankers.
He is an Honorary Member of the Chartered Institute of Bankers of Nigeria.
Professional Experience | Academic and Professional Qualifications | Appointment Date | Board Committee Membership |
2017-Date Operating Director Non-Executive Director, WAPIC Insurance Plc Non-Executive Director, United Securities Ltd -2018 | MBA, IESE, University of Navara Barcelona, Spain/Lagos Business School. 2000 | February 22, 2022 | Chairman – Board Finance and Investment Committee |
2006-2017 Access Bank Plc | MPA, University of llorin, Nigeria. 1989 | Vice Chairman – Board Risk Management Committee | |
1993-2006 Guaranty Trust Bank | Bachelor of Arts, University of Ilorin, Nigeria. 1985 | Vice Chairman – Board Digital and Information Technology Committee | |
1990-1992 Peoples Bank Nigeria Limited | Member – Board Human Resources and Sustainability Committee |




