Mega Capital

Board of Directors

Our Team


Mr. Sonny Allison

Chairman, Mega Capital Financial Services Ltd

Sonny founded Red Star Express Ltd. in 1992. It became a FedEx Licensee in 1994 and got quoted on the Nigerian Stock Exchange in 2007. With a turnover of over N7billion Red Star Plc is the No2 in the Nigerian market today. Prior to this he was at DHL International Limited from 1987, in increasing roles up to Country Commercial Manager of Anglophone West Africa. Mr. Allison’s professional career started in 1977 at the British-American Tobacco Company Limited. He also the founder / Executive Chairman of GMC Logistics Ltd

Sam O. Onukwue

Chairman, Mega Capital Asset Management and Trust Limited

Sam is an astute banker with extensive banking and capital market experience gained over 28 years in the industry. He served in the Banking Supervision department of the Central Bank of Nigeria followed by various stints in Merchant and Commercial Banks as well as other Multinational Financial Institutions. He was a Director at Citizens Bank prior to the merger which led to the creation of Spring Bank. He played an active role on the team that led the exercise resulting in his appointment to the inaugural board of the newly formed entity as an Executive Director (Operations). He has also advised on several Corporate Finance transactions including the divestment of various bank subsidiaries following the CBN directive which expired in 2012. In addition, he has led advisory teams in various business combination transactions in the past five years. Sam serves on the Board of many companies spanning a number of sectors. He is a sitting Council Member of the Institute of Chartered Accountants of Nigeria and serves as the Treasurer of the Association of Stockbroking Houses of Nigeria. He is also a member of the Board of the Investment Protection Fund at the Nigerian Stock Exchange and a member of the Institute of Directors. Sam is the founder and pioneer CEO of Mega Equities Ltd (Members of the Nigerian Stock Exchange) which he has successfully piloted since its inception in 2002 and Mega Capital Financial Services Limited.

Emmanuel Egbumokei
(B. Eng, PG. IT, MBA)

Managing Director (MD)

Emmanuel has over 17 years banking experience mainly in Investment Banking. He started an Executive Assistant at Continental Trust Bank in 2001. His experience spans various Investment Banking firms from Intercontinental Capital Markets Limited, Oceanic Bank International Plc, Oceanic Capital, Ecobank Nigeria and Ecobank Capital. Emmanuel’s career in Investment Banking has resulted in raising over $1 billion in the Debt and Equity markets for several companies in Nigeria and some other African countries. Emmanuel holds a Bachelor of Engineering degree in Agricultural Engineering from the University of Nigeria, Nsukka, and MBA from the Lagos State University with specialization in Marketing. He is a Securities and Exchange Commission registered sponsored individual in the Financial Advisory\Issuing House function. He has attended various local and international courses including Euromoney Training, Philips Consulting, CIBN management/leadership programs.

Taiwo Oguntimehin (HND, MBA, ANIM, ICEN, CETP)

Executive Director

Taiwo is a brilliant Trust manager and professional with broad base competence across the financial industry including Treasury Management, Portfolio Management, Business development/marketing, Product development and strategy for breaking into new market with focus on professional service delivery and customer retention management.

He started his working career with Union Trustees Limited in 1998 until 2012 when he moved to Radix Trustees Limited as Managing Director/Chief Executive. In 2014, he moved to UTL Trust Management Services Limited as Regional Head, Business Development in 2014 and later Head Business Development in 2019. He took up responsibility as Managing Director at Mega Capital Assets & Trust in 2020.

He has over 10 years working experience in the financial sector with goal getter attitude. Registered with the Securities and Exchange Commission (SEC) as a Sponsored Individual, a member of SEC Capital market Committee and a member of the Society for Trust and Estate Practitioners (STEP).

Mr. Shuaibu Idris

Non-Executive Director

Shuaibu Idris is a graduate of Accounting (Second Class Upper) from Bayero University Kano, Nigeria. He also holds an M.A. degree in Banking and Finance from University of Wales, Bangor, U.K. He is a member of many professional institutions such as Fellow, Institute of Credit Administrators (FICA), Member, Institute of Directors, Nigeria (M.IoD), Associate Member, Chartered Institute of Management (U.K), Associate Member, Association of National Accountants of Nigeria (ANAN), Associate Member Chartered Institute of Personnel Management of Nigeria (ACIPM), Associate Member, Cost Management Institute (Nigeria) (ACMI), to mention but a few. He was appointed to the position of Deputy Managing Director of Dangote Flour Mills Plc in Nov. 2009. Prior to his appointment as Deputy Managing Director of DFM Plc, Shuaibu Idris has held the positions of Executive Director in charge of Sales and Marketing (flour) and Ag. Managing Director/CEO, DFM Plc. He was at one time Group General Manager (Admin/HR, Corporate Affairs, Properties & Environment), Group Treasurer and Special Assistant to the Group Vice President. Before joining the Dangote Group, he was the Group Head (Public Sector) of Liberty Bank Plc, Managing Consultant/CEO Time-Line Consult Limited, Deputy General Manager Lakeside Investments Limited and Head Capital Markets and Advisory Division of Continental Merchant Bank Nigeria Plc. Shuaibu Idris has attended numerous courses both within and outside Nigeria including Lagos Business School (AMP), Harvard Business School (AMP), Galilee College, Israel (SME), Loughbourough University (Islamic Banking Programme), U.K., DC Gardener, U.K, Manchester Business School (Senior Bankers Course), U.K. and Amembal and Isom, U.K. (Leasing Course), to mention but a few. He serves on the Board of a number of companies such as Capital Trust and Investments Limited, Temple and Aegeandas Limited and ValueFrontiera Limited. He also serves on the Board of Trustees of some NGO such as C.O.PE – a Breast Cancer NGO, Gabasawa Women and Children Foundation and TESI – a Youth Development Foundation.

Mr. J. I. Onwughara

Non-Executive Director

He is a Fellow of the Chartered Institute of Bankers and holds a Masters Degree in Banking & Finance from the University of Ibadan. He retired as Deputy General Manager with Savannah Bank Plc., and presently engaged in Financial Consultancy services.