Oluwatobiloba Lawal is a highly dedicated, dynamic, visionary banking and financial expert with nearly three decades of experience in banking, financial management, project management, and funding for private and public sector organizations. He has handled numerous portfolios within and outside the Nigerian banking sector.
Tobiloba Lawal is not just a banking and financial expert, but also a dedicated advocate for societal development. His confidence and team player attitude have made him a sought-after mentor, guiding the upcoming generation. He has further enriched his knowledge through participation in several training programmes, including those at the prestigious Harvard Business School.
Tobiloba is a member and fellow of several professional bodies, among which are the Chartered Institute of Bankers of Nigeria (FCIB), the National Institute of Marketing of Nigeria (NIMN), The Business Process Management Institute (BPMI), etc.
He is the current Group Managing Director of IBILE Holdings Limited. The Investment Management Company of the Lagos State Government focused on investments in the Banking, Insurance, Real Estate Construction. Healthcare and Information and Communication Technology sectors.
Tobiloba made a profound impact as a change agent at Lagos Building Investment Company Plc (LBIC) as the Managing Director/Chief Executive Officer. His visionary leadership, strategic thinking, and dedication transformed the organization into a highly successful and profitable entity.
One of Tobiloba Lawal’s most significant achievements at LBIC was the company’s transformation from a loss-making organization to a profitable one. His strategic insight and exceptional leadership were instrumental in this turnaround, which was achieved through a combination of cost-saving measures, revenue enhancement strategies, and prudent financial management. This tangible result is a testament to his ability to deliver substantial and positive change.
In his effort to reduce the housing deficit in Lagos State, Tobiloba Lawal has been able to maximize the use of LASG assets under the purview of Lagos Building Investment Company Plc. through partnership with the private sector in providing both commercial and residential development projects. Notable projects include;
Obele Oniwala Project (Greater Lagos): a partnership arrangement with Megamound Investment Limited comprising 378 housing units.
Amuwo Odofin Project: a partnership arrangement with Winner Golden Ventures Limited comprising 144 housing units.
Ogba Ijaiye Project: a partnership arrangement with RPDC comprising 52 housing units.
Olaleye New Town Project: a partnership arrangement with Adept and Adroit Limited, comprising 64 housing units.
Development of Ikeja Town Square on Obafemi Awolowo way: The project is between the Lagos State Printing Press and Brick Homes Integrated Limited. It is a commercial plaza comprising shops and office space.
Development Project on Rev Ogunbiyi Street, off Oba Akinjobi Road, GRA, Ikeja, comprising 16 units of Luxury Apartments.
Alausa Height Project: The project is between the Lagos State Art and Culture and Brick Homes Integrated Limited, comprising 148 housing units.
He played a pivotal role in significantly increasing LBIC’s mortgage portfolio. Under his leadership, LBIC expanded its mortgage offerings, making homeownership more accessible to a broader segment of Lagosians. This initiative helped individuals realize their homeownership dreams and contributed to LBIC’s assets and profitability growth.
Tobiloba’s astute financial management and strategic vision led to a substantial increase in deposits at LBIC. He attracted a larger pool of depositors by implementing customer-centric services and innovative deposit products. This growth in deposits provided the company with more resources for lending and investments, further solidifying its financial stability.
Tobiloba’s role as a change agent at LBIC has been characterized by innovative thinking, a commitment to excellence, and a relentless pursuit of the company’s financial and operational goals. His ability to navigate the financial landscape, create growth opportunities, and steer the company towards profitability has left an indelible mark on LBIC’s history. Under his leadership, the organization has become a beacon of success in the mortgage sector, providing a model for transformation and growth in the industry.
He is a lover of Golf and Table Tennis and is also an active member of Ikoyi Club and Ikeja Golf Club.
Tobiloba is Happily Married and the union is blessed with Children.
