Ownership

Ilutitun-Osoro Microfinance Bank Limited is a member of FORTHRIGHT GROUP, comprising forthright securities & investment limited, Forthright properties limited, Forthright manufacturing, Forthright Agro- Allied Co-limited and community members. The promoters are well known for the entrepreneurial skills in their chosen profession, honesty, integrity and commitment to excellence.

SAVING

CURRENT

LOAN

CHAIRMAN OF THE BOARD

Mr Faromoju Johnson Teniola is an investor with over 22 years cumulative experience/expertise in Company’s financial engineering and investment advisory. A graduate of City Banking College London and an associate of the chartered Institute of Bankers London and Nigeria. A member of the Institute of credit management and an Authorized dealing clerk of the Nigerian Stock exchange. Mr Faromoju was a General Manager with Centre-Point Merchant Bank and Head of Centre-Point Securirties Limited up till December, 1995. While with Centre Point, he was involved in packaging of various Companies floatation and his experience in the Banking Industry Spans over 30 years. He is a fellow of the Chartered Institute of stockbrokers. He was a former member of the governing Council of the Nigerian Stock Exchange. A Pioneer Managing Director/ Chief Executive Officer of Forthright Securities and Investments Limited and also the chairman of the Board of Directors of Ilutitun-Osoro Microfinance Bank in Ondo State and Forthright Properties Limited.

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