Bola Onadele (Koko)

Koko is the MD/CEO of FMDQ OTC PLC and has over twenty years financial services experience with special foci on financial markets capacity building, architecture and advisory.

Banking career:  Nigeria International Bank (Citibank Nigeria), FCMB (Treasurer), Trust Bank of Africa – Merchant Bankers (Managing Director/Chief Executive) and Leadbank (Chief Operating Officer).

In 2000, Koko structured a landmark $285million cross currency interest rate swap for Econet Nigeria (now Airtel) for the payment of its 2G licence. Championed various financial markets infrastructure development in Nigeria: 2-WQ system, screen-based dealing, NIBOR, NIFEX and NITTY. His passion is in financial markets advocacy, reforms and development. He also championed, developed and launched a financial markets portal ( for the use of market risk managers and all financial markets’ stakeholders in 2008.

Developed financial market modules – Money Market, Treasury bills, FX, Bonds, Equity, Market Risk and Treasury Operations.

Koko was a consultant to the World Bank-IFC on the development of the Nigerian corporate bond market where he served as the Country Manager of the Efficient Securities Market Infrastructure Development (ESMID) program in 2009.

Member of the Board of Trustees of the Financial Markets Dealers Association (FMDA) in Nigeria, Board of Directors of three (3) Nigerian growth companies. Consultant to financial service regulators in Nigeria & Ghana and Founder, Bola Onadele & Co. Chartered Accountants.


  • Koko holds a Bachelor degree in Economics from the University of Ibadan and he is a Fellow of the Institute of Chartered Accountants of Nigeria. He was awarded the ICAN prize for the best overall performance in the November 1989 professional examinations
  • He is a member of the Institute of Directors of Nigeria