Meet Olawale Akinbola; a distinguished Fintech expert and finance professional with an extensive academic and professional background. He is currently pursuing an MBA with a concentration in Finance at Imperial Business College London. He previously earned a Bachelor of Science in Finance with First Class honors from the University of Lagos, where his thesis focused on the impact of capital markets on economic growth in Nigeria.
In his current role as a Finance Manager at Baker Hughes, Olawale has a proven track record of delivering high-quality business insights to drive profitable growth, enhance productivity, and gain market share. He excels in developing and optimizing financial models, conducting cost analysis, ensuring regulatory compliance, and integrating data encryption for security. His efforts have significantly improved decision-making processes and resource allocation within the organization.
Olawale’s career spans over nine years, including key positions at KPMG as an Audit Analyst and General Electric as a controller & Senior Analyst. In these roles, he has successfully applied both technical and non-technical skills to implement and integrate solutions across various enterprises. His proficiency includes Hyperion Financial Management, SmartView, Essbase, Tableau, Spotfire, Oracle Pascal & Oscar, SAP & BI, and other advanced financial tools. Additionally, he is skilled in data visualization (PowerBI, Tableau) and machine learning techniques.
Olawale’s professional certifications include membership in the CFA Institute’s Investment Foundations program and the Chartered Institute of Loan & Risk Management Nigeria. He has been recognized with numerous awards, such as the CFO Award and Best Mentor at Baker Hughes, and has published several research works in reputable journals.
Throughout his career, Olawale has demonstrated remarkable achievements in Fintech. At Baker Hughes, he spearheaded the development of a predictive analytics platform that leverages machine learning algorithms to forecast market trends and asset performance, significantly improving the company’s strategic planning and investment decisions. He also led the implementation of blockchain-based financial transaction systems, which enhanced transparency and security in financial operations. His innovative work in financial technology earned him the prestigious Technology Award, recognizing his contributions to advancing Fintech solutions within the organization and a place in the BAT Most Influential People in Nigeria 2024 – Awards.
Beyond his professional achievements, Olawale actively engages in leadership and volunteer roles, including serving as Committee Chairman for the Under Bridge Enroute School Foundation for Less Privileged Orphans and as a board member of the Finance Students’ Association at the University of Lagos. His passion for learning, innovation, and community involvement underscores his significant contributions to the finance and fintech fields, making him a valuable asset to any organization.
Olawale is proficient in several financial technology frameworks and tools such as Angular, Financial Model Optimization, and Financial Technology. His data visualization skills include PowerBI and Tableau, and he is well-versed in statistical analysis and machine learning techniques. An active member of CFA America and the Chartered Institute of Loan & Risk Management Nigeria, Olawale has received multiple awards and scholarships, further demonstrating his expertise in applying different technological models to real-world problems. His technical skills and experience make him a valuable asset in the Financial Technology ecosystem.
Thus, in this interview with Bridge Africa Technologies a platform known to celebrate the achievements and impact of Nigerian professionals on a global scale. Here, we explored Olawale’s contribution to the world of Financial Technology and how his journey from Nigeria to the United States has impacted him.
Q1. Can you tell us about your educational background and how it has shaped your career in finance and Fintech?
Olawale Akinbola: Thank you for the question; I earned my Bachelor of Science in Finance with First Class honors from the University of Lagos. My thesis focused on the impact of capital markets on economic growth in Nigeria. This academic foundation provided me with a deep understanding of financial principles and economic theories, which I have applied throughout my career. Currently, I am pursuing an MBA with a concentration in Finance at Imperial Business College London, further honing my skills and knowledge in this field.
Q2. What inspired you to pursue a career in finance and Fintech?
Olawale Akinbola: My interest in finance was sparked by my desire to understand how financial markets operate and their impact on the broader economy. As I delved deeper, I realized the potential of Fintech to revolutionize traditional financial systems and improve efficiency, transparency, and security. This realization motivated me to specialize in Fintech, where I could leverage technology to drive innovation in the financial sector.
Q3. Can you share some highlights of your career journey so far?
Olawale Akinbola: My career began at KPMG as an Audit Analyst, where I gained valuable insights into auditing and compliance. I then moved to General Electric as a Controllership & Senior Analyst, coordinating team operations and implementing financial solutions. Currently, at Baker Hughes, I work as a Finance Manager, where I have led the development of predictive analytics platforms and blockchain-based financial systems, earning the Technology Award for my contributions to Fintech.
Q4. How has your role at Baker Hughes contributed to your professional growth?
Olawale Akinbola: At Baker Hughes, I have had the opportunity to work on cutting-edge projects that integrate technology with finance. Developing predictive analytics platforms and implementing blockchain systems have significantly enhanced my understanding of how technology can optimize financial operations. These experiences have been instrumental in shaping my approach to problem-solving and innovation in the financial sector.
Q5. What are some of the key challenges you have faced in your career, and how did you overcome them?
Olawale Akinbola: One of the key challenges has been staying ahead of the rapidly evolving Fintech landscape. To overcome this, I have committed to continuous learning and professional development. This includes pursuing my MBA, obtaining certifications like the CFA Institute’s Investment Foundations program, and actively participating in industry forums and conferences. These efforts ensure I stay updated with the latest trends and technologies in Fintech.
Q6. Can you elaborate on your achievements in Fintech at Baker Hughes?
Olawale Akinbola: At Baker Hughes, I led the development of a predictive analytics platform using machine learning algorithms to forecast market trends and asset performance. This innovation significantly improved our strategic planning and investment decisions. Additionally, I spearheaded the implementation of blockchain-based financial transaction systems, enhancing transparency and security in our financial operations. These projects have demonstrated the transformative potential of Fintech in optimizing business processes.
Q7. What technical skills do you consider essential for a career in Fintech?
Olawale Akinbola: Essential technical skills for a career in Fintech include proficiency in financial management tools such as Hyperion, SmartView, and Essbase; data visualization tools like PowerBI and Tableau; and familiarity with machine learning and statistical analysis techniques. Additionally, understanding blockchain technology, data encryption, and cybersecurity measures are crucial for ensuring secure and efficient financial operations.
Q8. How do you stay updated with the latest developments in Fintech?
Olawale Akinbola: Staying updated with the latest developments in Fintech requires a proactive approach. I regularly read industry publications, attend conferences and webinars, and participate in professional networks like CFA America and the Chartered Institute of Loan & Risk Management Nigeria. Continuous learning through courses and certifications also plays a significant role in keeping my knowledge current.
Q9. Can you discuss your involvement in leadership and volunteer roles?
Olawale Akinbola: I am actively involved in leadership and volunteer roles, including serving as Committee Chairman for the Under Bridge Enroute School Foundation for Less Privileged Orphans and as a board member of the Finance Students’ Association at the University of Lagos. These roles allow me to give back to the community, mentor young professionals, and promote financial literacy and education.
Q10. What advice would you give to young Nigerians aspiring to pursue a career in finance and Fintech?
Olawale Akinbola: My advice to young Nigerians aspiring to pursue a career in finance and Fintech is to focus on building a strong educational foundation and continuously seek opportunities for learning and growth. Stay curious, embrace new technologies, and be proactive in gaining practical experience through internships and professional projects. Networking and mentorship are also crucial for career development.
Q11. How do you balance your professional responsibilities with your ongoing education and personal life?
Olawale Akinbola: Balancing professional responsibilities with ongoing education and personal life requires effective time management and prioritization. I set clear goals and allocate time for work, study, and personal activities. Maintaining a healthy work-life balance is essential for long-term success and well-being, so I ensure I take breaks and engage in activities that help me relax and recharge.
Q12. What do you consider your most significant professional achievement so far?
Olawale Akinbola: My most significant professional achievement so far has been leading the development and implementation of innovative Fintech solutions at Baker Hughes, such as the predictive analytics platform and blockchain-based financial systems. These projects have not only optimized our financial operations but also demonstrated the potential of technology to transform the finance industry.
Q13. What are your future career aspirations in the field of finance and Fintech?
Olawale Akinbola: My future career aspirations include continuing to drive innovation in Fintech by developing cutting-edge solutions that address the evolving needs of the finance industry. I aim to take on more strategic leadership roles where I can influence the direction of financial technology development and mentor the next generation of Fintech professionals. Ultimately, I aspire to contribute to the growth and advancement of the Fintech ecosystem on a global scale.
In conclusion; Olawale Akinbola earned his place among the BAT Most Influential People in Nigeria 2024 due to his remarkable contributions to the finance and Fintech sectors, and his influential role in driving innovation and excellence. His exceptional professional achievements include leading the development of cutting-edge Fintech solutions at Baker Hughes, which have significantly enhanced the company’s strategic planning and financial operations. Throughout his career, he has delivered high-quality business insights that have driven profitable growth, improved productivity, and expanded market share.
Olawale’s leadership extends beyond his professional responsibilities, actively mentoring young professionals and students, and serving in community roles such as Committee Chairman for the Under Bridge Enroute School Foundation for Less Privileged Orphans. His numerous accolades, including the CFO Award and Best Mentor at Baker Hughes, reflect his exceptional leadership and positive impact.
His strong educational background, including a First Class honors degree in Finance from the University of Lagos and an ongoing MBA at Imperial Business College London, underscores his dedication to continuous learning. His published research and thought leadership in Fintech establish him as an influential figure shaping the future of finance.
Olawale’s proficiency in financial management tools and technologies, and his innovative approach to integrating technology with finance, have positioned him as a leading expert in Fintech. His journey serves as an inspiration to many, highlighting the impact of dedication, innovation, and a passion for excellence on one’s career and the broader community.
Major Takeaways from Olawale Akinbola’s Journey
- Embrace Continuous Learning: Olawale’s commitment to education and professional development has been a key factor in his success.
- Leverage Technology for Innovation: His ability to integrate technology with finance has driven significant improvements in financial operations and strategic planning.
- Mentorship and Community Engagement: Giving back to the community and mentoring the next generation are crucial elements of a fulfilling career.
- Strive for Excellence: Dedication, passion, and a proactive approach to learning and growth can lead to remarkable achievements and recognition in one’s field.
- Stay Ahead of Industry Trends: Keeping updated with the latest developments in Fintech has allowed Olawale to remain at the forefront of the industry.
Olawale Akinbola’s journey from earning a First Class honors degree at the University of Lagos to becoming a recognized Fintech expert and Finance Manager at Baker Hughes is a testament to his dedication and passion for finance and technology. His commitment to continuous learning and professional development, along with his involvement in leadership and volunteer roles, inspires young Nigerians aspiring to follow in his footsteps. His story underscores the importance of building a strong educational foundation, embracing new technologies, and staying proactive in personal and professional growth.
