Blog: Aluko & Oyebode adds capital markets experience | ALB Article – ICLG.com

Aluko & Oyebode adds capital markets experience

Aluko & Oyebode adds capital markets experience
The Nigerian full-service law firm has re-hired a veteran financial markets lawyer who is familiar with t…

The Nigerian full-service law firm has re-hired a veteran financial markets lawyer who is familiar with the fintech sector, effective from 1 June.

Lagos-headquartered law firm Aluko & Oyebode has added veteran lawyer Ajibola Asolo to its capital markets practice, where he brings market experience, as well as structured and financial products, corporate governance and financial regulation advisory capabilities. Asolo has similarly worked on structuring transactions and investments, and regulatory and fintech compliance.

Asolo left the firm in 2014 after two years as an associate, joining financial markets platform FMDQ Group, where he stayed for six years and became head of legal and the company secretariat. In this position, Asolo was handled the group’s legal activities, advising on financial and capital markets issues and general corporate and commercial law.

Asolo’s return to Aluko & Oyebode “reinforces our commitment in bringing on board a younger leadership team in the firm” said the firm’s managing partner Reginald Udom in a statement.

Udom added that Asolo “comes with a lot of experience, industry knowledge, expertise, and familiarity with Aluko & Oyebode’s systems and culture”, citing his “understanding of business”.

Asolo has advised on the regulation, structuring and admission of financial and securities products, and, more broadly, acted on transactions relating to privatisations, real estate, energy project finance and mergers and acquisitions.

Aluko & Oyebode expanded its partnership with the promotion of a banking and finance lawyer to partner, in March last year. It worked alongside international firms on Africa Finance Corporation’s May Eurobond issuance.

In April, fellow Nigerian firm Templars hired Jude Odinkonigbo as counsel and one of the heads of the investigations, white-collar defence and compliance, dispute resolution and tax practice divisions, bringing two decades’ litigation and arbitration, compliance law and tax advisory experience.

In his early career, he was an associate at Olaniwun Ajayi before getting government experience in Canada as acting manager of law reform for Nova Scotia’s Department of Environment & Labor. He later returned to Nigeria with Obla & Co as a senior associate for a year, followed by three years in a similar position at Lagos firm Ikeyi & Arifayan. He was then a partner stint at Alliance Law Firm in 2019 for one year until joining Templars, while he has been a lecturer and tax consultant at the University of Nigeria, for a total of nine years.

A combination with Nigerian full-service firm Adepetun, Caxton-Martins, Agbor & Segun gave Dentons its long-anticipated entry into Africa’s largest economy, in April this year.

Templars recently advised Seplat Petroleum Development Company on the offering of a bond on the London Stock Exchange, and fintech bank Kuda on a round of fundraising.

In January, the firm advised YouTube on the establishment of its Black Voices Fund.

Aluko & Oyebode adds capital markets experience


Global Legal Group


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