Mr Mobolaji Balogun
Bolaji will serve as the Fund’s Chief Investment Officer. Bolaji is the Chief Executive Officer of Chapel Hill Denham and is one of the leading deal makers by volume and value of successfully completed transactions in Nigeria, over the last decade. He has over twenty-seven years’ experience in financial services experience and mobile telecommunications.
After spending eleven years in investment banking and securities trading within FCMB Group from 1990 to 2001, Bolaji co-founded Econet Wireless Nigeria now Airtel Nigeria, in January 2001, which was the first major private infrastructure project in Nigeria. Bolaji led the capital raising and license auction process for Econet Wireless Nigeria’s USD285million GSM license. He was also responsible for the USD740 million multi-currency financing for the mobile network rollout. Through this infrastructure financing, MIGA, a member of the World Bank Group was re-opened to Nigeria. Additionally, the European Investment Bank (EIB) under the same financing made its first commitment to Nigeria. The US$1.67 billion sale of Econet Wireless to Celtel in 2005 remains Nigeria’s single largest successfully exited infrastructure investment.
Bolaji returned to Investment Banking when he founded Chapel Hill in 2005. Over the past decade, he has worked with clients on the financing of several infrastructure projects including a 90MW captive power plant, Lekki-Ikoyi link bridge, Lagos-Badagry dual carriage way, upgrade of Ozumba –Mbadiwe road, Lagos rail mass transit project (Blue Rail) and the acquisition of the assets and liabilities of the Lekki Concession Company by the Lagos State Government. He also advised on several Real Estate projects including Eko Atlantic, Persianas Limited’s development of the Palms Shopping Mall, Lagos and the Polo Park Mall in Enugu, amongst several others.
Bolaji is Chairman of Lafarge Africa Plc and a Director of Trustfund Pensions Plc, one of Nigeria’s largest Pension Fund Managers. He was formerly Chairman of Nahco FTZ Limited, a former Director of Nahco Aviance Plc and NASD Plc. He was appointed to the Johannesburg Stock Exchange, Africa Advisory Board in September 2009 and was Chairman of the investment banking trade group, the Association of Issuing Houses of Nigeria from September 2010 to July 2014.
Bolaji, through Chapel Hill Denham is a co-sponsor in a greenfield 746MW combined cycle power plant, which has secured land, right of way approvals and approval from the Transmission Company of Nigeria to turn in and out of the 330KV double circuit Omotosho- Epe-Ajah transmission lines. He is an Economics (Honours) graduate of the London School of Economics.