MR. MICHAEL SHOWUNMI

Non-Executive Director

Michael Showunmi is a professional in Asset Management with a touch of class in Investment Banking with over 14 years’ experience covering Portfolio Management, Relationship Management, Business Intelligence and Business Development.

Prior to his current role in Cedrus Group, he was the Northern region Deputy Regional Director for United Capital Asset Management Ltd where he coordinated the business activities for the whole Northern Region in Asset Management and Securities businesses, creating cross-selling investment banking products in Debt Capital Market. He was promoted to this role after climbing through the ranks of United Capital due to his vision and hard work.

During his time at United Capital, he developed a strategy of investment clinics in clusters for the retail advisory team which grew the retail clients base from 350 to 800 in three months with a tangible investible Fund, and under his leadership, the retail team grew funds under management from N18 Billion to N25 Billion.

Michael holds a first degree in Political Science from Olabisi Onabanjo University, an MBA from Obafemi Awolowo University (OAU), and he is an alumnus of Lagos Business School (SMP).