Demilade Jemilugba

Directed comprehensive fund operations, ensuring timely and accurate financial reporting to internal and external stakeholders, including investors and regulators.

Managed fund allocation and transaction execution, ensuring strict adherence to investment guidelines and policies.

Involved across the investment lifecycle from contributing to deal sourcing to leading screening, evaluation, and due diligence, culminating in 10 successful deals totaling $1.2M. Leading portfolio management, support, and monitoring post-investment.

Developed and maintained robust financial models, projections, and reports to inform strategic investment decisions and enhance portfolio management.

Provided fractional CFO leadership to two pre-seed portfolio companies (with annual revenues of $500K and $2M), establishing financial operations, preparing for fundraising, and building core teams.

Collaborated closely with portfolio companies, providing strategic oversight and reporting on financial and operational performance.

Cultivated strong investor relationships through consistent communication and transparent reporting, enhancing trust and engagement.

Partnered with the management team to develop and implement operational policies and procedures, significantly improving fund efficiency and effectiveness.

Secured a €300K grant from the German development agency (GIZ) SAIS, significantly contributing to fund resources.

Orchestrated the acquisition and maintenance of 4 money transmitter licenses across the US and Canada, co-developing the company's comprehensive compliance manual.

Contributed to successful fundraising efforts, securing over $600K in Pre-Seed funding.

Spearheaded B2B customer acquisition, growing the base from inception to over 50 clients.

Drove a significant increase in transaction volume, reaching an average of $1M monthly.

Collaborated cross-functionally with engineering and product teams to successfully launch a digital banking app and B2B cross-border payment platform.

Managed strategic partnerships, onboarding, and operations with 7 key partners, including banks and fintech companies, across the US, Nigeria, and South Africa.

Managed company treasury, ensuring 95% cash availability and effective mitigation of financial risks.

Conducted extensive screening and due diligence on over 100 Nigerian asset management firms, selecting four top-tier partners that met stringent investment criteria.

Mitigated a potential 75% loss on investment by identifying and avoiding a high-risk opportunity.

Conducted thorough review of partnership agreements, saving the firm an estimated 1% of $250K in annual revenue during the first year.

Oversaw timely preparation and filing of financial reports for internal and external stakeholders.

Coordinated compliance efforts to secure and maintain 4 money transmitter licenses in the US and Canada.

Provided key support in securing over $600K in Pre-Seed funding.

Contributed to the growth of the B2B customer base, increasing transaction volume to $1M monthly.

Collaborated with product and engineering teams to deliver the company’s digital banking app and B2B cross-border payment platform.

Managed engagement and operations with 7 strategic partners across US, Nigeria, and South Africa.

Ensured treasury management maintained 95% cash availability and mitigated financial risks.

Screened over 100 asset management firms in Nigeria, performing comprehensive due diligence to select four firms meeting strict investment criteria.

Prevented a potential 75% loss on investment by identifying and advising against a high-risk opportunity.

Evaluated a $500K equity investment opportunity in a Francophone West African educational institution, producing comprehensive Go/No-Go memos, financial models, and due diligence reports.

Designed and implemented a formal portfolio company monitoring and reporting framework, including a 100-day plan, to enhance oversight.

Led a 4-member sales and business development team, providing oversight and joint responsibility for a branch with over 50 staff.

Achieved 60% growth in customer deposits, increasing liabilities from $6.6M to $10.5M.

Achieved 87.5% of budgeted revenue, contributing $1.4M towards a $1.6M target.

Successfully resolved three delinquent high-value accounts, recovering approximately $12M in bad loans.

Spearheaded relationship management and business development, driving sales of banking services to new and existing clients with annual sales ranging from $1.5M to $30M, and significantly grew both Local Currency (LCY) and Foreign Currency (FCY) balance sheets and income statements.

Structured and managed diverse loan portfolios (Working Capital and CAPEX) for manufacturing, general commerce, trading, and educational institutions, totaling over $30M, and secured management approval; facilitated the restructuring and recovery of approximately $7M in delinquent risk assets.

Managed the processing of international trade transactions.

Presented and reviewed corporate reports with middle and executive management, providing insights for strategic decision-making.

Pioneered and chaired the IEEE FUTA student branch, a 40-member society advancing technology.

Served as a Member of the Student Representative Council.

Managed treasury and served as Sergeant at Arms for a 100-member communication and leadership club.

Led sponsorship and fundraising for an annual music festival involving 27+ volunteers across Lagos & Nigeria.