Profile

Mr. Jide Ogundare is the founder and managing director of MBO Capital Management Limited (MCM), a private equity firm that invests in small to medium-sized ​companies in Nigeria and the rest of Anglophone West Africa.​

In addition to leading the executive team at MCM, he serves as a director of AfyaCare Nigeria Ltd – a company that invests in healthcare assets, Retail Supermarkets Nigeria​ Limited (operator of Shoprite stores in Nigeria) and FCSL Asset Management Limited. All three companies are portfolio companies of MCM.​

Prior to founding MBO Capital in 2012, Jide was an Executive Director and Head, Retail Banking Division of Guaranty Trust Bank Plc (GTBank), a leading African Bank with​ Nigerian roots where he worked for 21 years.​

His areas of expertise include corporate governance, transaction structuring, policy & procedure development, client & investor relations, and performance improvement. ​

Jide also serves as chairman of the boards of Eko Development Company Ltd, The Payment Services Company Ltd, Primera Microfinance Bank Ltd, and Fountain Holdings ​Ltd, as well as a member of the board of Nosak Farm Produce Ltd. He previously served on the boards of GTBank Plc. and GTBank Sierra Leone Ltd.​

He holds an MBA from Cardiff Business School and a first degree in Law from the School of Oriental and African Studies (SOAS), University of London. Jide was called to the​Nigerian Bar in 1987.​

Jide Ogundare​, Director