DLM CEO, Sonnie Ayere awarded fellowship by Ghananian institute, CIPRMP

The Chartered Institute of Public Resources Management and Politics (CIPRMP), a Ghanaian based institute, has inducted the Group CEO of DLM Capital, Sonnie Ayere, into its 2020 Fellowship Hall of Fame.

 

This was in recognition of his outstanding role towards the socio-economic development of Nigeria and his prudent management of national resources.

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CIPRMP is a pan-African institute passionate about positive change and progress. It has fellows across 14 African countries including Ghana and Senegal.

One of the Executive Directors, Richards Kpoku-Aquarte, along with members of the Advisory Board and Governing Council, formally inducted the DLM CEO and also presented him with an award of special recognition in the field of capital management and financial services.

L-R: Richards Kpoku-Aquarte, Executive Director, CIPRMP, Sonnie Ayere, CEO DLM Capital Group, and Uche Ajene Ayere, MD, Stephanie John and Associates.

He said one of the criteria for being inducted into the CIPRMP fellowship is the integrity of the individual, noting Ayere has never been linked with any financial impropriety which makes him a reference point and authority in his field.

“Your incorruptible track records of accomplishments are monumental in Nigeria’s corporate history. All these indices attest to reasons why you have been specially recognised by the institute”, Kpoku-Aquarte explained.

Thanking the members of the institute, Ayere said, “DLM is known for doing structured finance products, securitization and other financial services that are not common in this country which has distinguished us among our peers,”

He pointed out that in the last one-year, DLM Capital has shifted its focus to transactions that would have an impact on the society. This decision has led to an evolution of the company’s logo and brand mission.

Ayere called on actors in the Nigerian capital to make the most out of the opportunity offered by the African Continental Free Trade Area (AfCFTA) agreement to make the continent’s financial market their focus.

The expert added that while the opportunities in AfCFTA were huge, Nigeria could be limited by its manufacturing capability.

“For the financial world, the future is definitely African. The commercial banks have shown us the way with UBA and the likes as pan African institutions. The next level should be the capital market institutions also expanding into other parts of Africa. We look forward to that.

“It will be great if I can take my firm to Ghana, South Africa and Mozambique. The opportunity is huge but depends on what a country will choose to make out of it. So, it can be great for a country and it can be bad for a country”, he said.

Ayere expressed appreciation for being singled out to be honoured by the CIPRMP.

“Ghana was one of my countries when I covered financial market for the International Finance Corporation (IFC). But I have not done any transaction in Ghana since DLM was started 11 years ago. That is why I said that it is an honour to have this,” the CEO noted.

Managing Director of Stephanie John and Associates, Mrs. Uche Ayere, said the fact that the recognition came from Ghana confirms, “Africa is becoming borderless and more united. It also means that the values we uphold in Nigeria are also upheld in Ghana.”

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