About

The making of a multi-industry leader

Pharmacist. Marketer. Banker. Fintech chief executive. Academic. One thread runs through every chapter: business as a force for the common good.

Portrait of Olu Akanmu in dark traditional attire
Biography

Quiet confidence, built on substance

Olu Akanmu is a distinguished figure in the Nigerian and broader African business landscape, recognised for a rare breadth of C-level leadership across healthcare, FMCG, non-profit, telecommunications, banking and fintech — and for his profound impact on financial inclusion.

He holds a Bachelor of Pharmacy from the University of Ife (now Obafemi Awolowo University) and an MBA from Lagos State University. He earned a Distinction in the Management Advancement Programme of the University of the Witwatersrand Business School, South Africa, and a Postgraduate Certificate in Business Research Methods from Heriot-Watt University’s Edinburgh Business School. He is a Fellow of the National Institute of Marketing of Nigeria, the Pharmaceutical Society of Nigeria and the Nigeria Academy of Pharmacy.

At university, he was a campus journalist and student activist — editor of a campus magazine, secretary of the Association of Campus Journalists and of Youth Solidarity for South Africa — experiences that instilled a lifelong belief in a society that is “inclusively prosperous, just and fair to all.”

“One very important thing they did not teach us in business school: business choices will test your values.” — Olu Akanmu
Leadership Philosophy

Profits with purpose

Values-driven leadership

Ethics are paramount. His values — inherited from his parents and sharpened through his career. Driven by strong ethics, good values, and social purpose, and the willingness to stand up for those values.

Integrative problem-solving

Define problems correctly, break them into components, and solve holistically — understanding how marketing, finance and people issues intertwine across an organisation.

Mastery of the “why”

True mastery is knowing the why behind the how. It is what allows knowledge to travel — across industries, contexts and generations.

Career Journey

Six industries, one arc

Early Career

Medical Representative to Marketing Manager

Glaxo Nigeria

Selling prescription medicines to doctors and surgeons, based 300km from head office at age 22 — a crucible of independence, accountability and preparation. Rose to Marketing Manager and Regional Manager for Eastern and Northern Nigeria.

Non-Profit

Chief Operating Officer (Nigeria)

Population Services International / Society for Family Health

Operational leadership in global reproductive-health organisations — the foundations of a career-long commitment to large-scale social impact.

Advertising

Client Service Director

Insight Communications

Client service leadership at Nigeria’s premier advertising agency.

Telecommunications

General Manager, Consumer Marketing

MTN Nigeria

Described as the chief architect of MTN’s brand and consumer marketing strategy during the telco boom, playing a critical role in the growth of the business in Nigeria.

Telecommunications

Chief Marketing Officer

Airtel Nigeria

Led commercial strategy with yearly revenue targets of more than USD 1.5 billion.

Banking

Managing Executive, Retail Banking

Bank PHB

Five years of leadership in retail banking operations.

Banking

Executive Director, Retail Banking

First City Monument Bank (FCMB)

More than eight years of sustained leadership in one of the most customer-intensive segments of Nigerian banking.

Fintech · 2021–2023

President & Co-CEO

OPay Nigeria

Led one of Nigeria’s largest fintech platforms to unicorn valuation and 30 million registered users, deepening financial inclusion for millions of underserved Nigerians — and departed with his values intact when visions diverged.

Academia · 2024–Present

Academic Director, Tech-Leap Initiative

Lagos Business School

Leading strategic direction, fostering cutting-edge research and industry collaboration — shaping the mindset of the next generation of African business leaders.

Thrive book cover
Publication

Thrive: Mastering E-commerce the African Way

Co-edited with Prof. Uchenna Uzo and Elo Umeh (Pan-Atlantic University Press, 394 pages), Thrive democratises the knowledge essential for e-commerce success in Africa — for business owners, entrepreneurs, industry leaders, policymakers and researchers.

View the Book

Scaling Smart: AI, Retail and Imminent Disruption — book cover
Publication

Scaling Smart: AI, Retail and the Imminent Disruption

Co-edited with Uchenna Uzo and Elo Umeh, Scaling Smart explores artificial intelligence, the future of retail, and the disruption ahead — continuing the work of equipping African business leaders for the technology-driven decade to come.

Enquire About the Book