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Parallex Bank M.D Olufemi Bakre Bags New Traditional title

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Olufemi Nojeemdeen Bakre is no greenhorn when it comes to the issues of finance, accounting and corporate governance. He has dedicated all his life to the banking profession sitting atop several managerial positions in the banking industry with record-breaking achievements to his credit. If you wake the Oluomo of Ago-iwoye from his sleep and ask him any question about Risk Management, Customer Service, Banking, Credit Analysis, and Financial Analysis, you would be marveled at his spontaneous answer. He is vast when it comes to the issues of finance which gave birth to his astronomic rise in the profession ever since his foray into the banking profession since his one-year mandatory NYSC service in 1987, serving at the defunct Continental Merchant Bank.

His resume is quite an intimidating one; after his long working spell at the First City Monument Bank FCMB, where he left as the executive director of institutional banking after a decade of meritorious service before joining Parallex Bank as the Managing Director and Chief Executive Officer last year. Apart from his popularity in the banking business, he was thrown into limelight when his son, Tobi Bakre headlined a popular reality tv show.

On the 14th of July, the smooth-talking high cerebral banker added another feather to his cap as he and his wife Yeye Olufunke Bakre were bestowed with a traditional title as the Otunba Bobaselu and Yeye Bobaselu of Awa kingdom, Ijebu Ogun State by the Limeri of Awa-Ijebu, Oba Abib Awobajo. At his installation ceremony, he gathered those who matter most in all sectors to celebrate with him on the new title as he spared no cost to make sure all invited guests are feted to the very best of mouth-watery menu and drinks. Fuji Musician Adewale Ayuba was on the bandstand to serenade guests with his musical rendition.

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