Mr. Segun Akerele is the current Chairman, Board of Directors of Enhancing Financial Innovation and Access (EFInA). EFInA is a financial sector development organization that promotes financial inclusion in Nigeria, it was established in 2007 and is funded by the UK’s Department for International Development (DFID) and the Bill & Melinda Gates Foundation.
The company’s mission is to make the Nigerian financial system work better, especially for the poor through the following pillars:
Innovation: EFInA has catalyzed and supported the development of innovative inclusive financial services for the unbanked and under-banked population by giving financial service providers nonrefundable grants in excess of $10million to increase financial inclusion in Nigeria.
Advocacy: EFInA works closely with regulators and policymakers to advocate for the development and implementation of policies that support the development of innovative inclusive financial services for the unbanked and under-banked. Capacity Building: Through workshops, study tours and fora, EFInA triggers debate and stimulates discussions on pertinent issues in the financial sector and imparts knowledge from local and international organizations that have had success in developing innovations and business models that drive financial inclusion.
Research: EFInA provides credible information through its biennial Access to Finance in Nigeria Survey studying the demand and supply for financial services in Nigeria. This year’s survey result is expected to be disseminated in December 2018.
Segun is also the founder and managing partner of Segun Akerele Legal Practitioners, a full-service law firm. He was admitted to the Nigerian Bar in 1995 after studying law at the University of Hull, where he obtained a LLB Hons degree. His early practice years were spent at the law firm of Chief Rotimi Williams’ Chambers where he practised for over 10 years. Segun retains an interest in public service with specific objects of bringing about positive financial change in the lives of ordinary Nigerians.