Zedcrest Group Positions for Strategic Expansion in Investment Banking Following Appointment of Ademola Akogun as New Managing Director

Ademola Akogun takes the helm at Zedcrest Group's new Investment Banking arm. Learn about his career path and the firm's new Issuing House license.

By: AXL Media

Published: Apr 4, 2026, 4:34 AM EDT

Source: The information in this article was sourced from Vanguard News

The Strategic Evolution of Zedcrest Group Operations

The appointment of Ademola Akogun as Managing Director of Investment Banking signals a fundamental expansion of Zedcrest Group’s operational footprint within the Nigerian financial sector. This leadership transition follows the firm’s successful acquisition of an Issuing House license, a regulatory milestone that enables the company to engage in sophisticated capital market activities. By establishing a dedicated investment banking arm, Zedcrest is positioning itself to compete in high-stakes deal-making, providing a more comprehensive suite of financial services to its corporate clientele. This move reflects a broader trend of Nigerian financial institutions diversifying their portfolios to capture emerging opportunities in the post-pandemic economy.

A Career Defined by Technical Expertise and Market Depth

Ademola Akogun brings over ten years of specialized experience to his new role, with a professional history that spans critical sectors including infrastructure funding and mergers and acquisitions. Prior to his current appointment, Akogun served as the Head of Financial Advisory and Debt Solutions at Quest Merchant Bank Limited, where he honed his skills in complex capital structuring. His career trajectory includes significant tenures at EverCorp Industries and Vetiva Capital Management, as well as foundational experience at PricewaterhouseCoopers (PwC Nigeria). This diverse background provides him with a unique perspective on the intersection of corporate advisory and long-term financial sustainability.

Regulatory Considerations and Institutional Confidence

The appointment was formally announced during a press conference in Lagos by Group Managing Director Adedayo Amzat. While the board has granted full internal approval, the transition remains subject to the final regulatory clearance of the Securities and Exchange Commission (SEC). Despite this pending formality, the early announcement serves as a strong indicator of the board’s confidence in Akogun’s ability to lead Zedcrest through this new phase of growth. The decision highlights the firm’s commitment to attracting top-tier talent to drive its expansion into technical areas such as debt issuance and equity capital markets.