Dr. Kolapo Omidire holds a Doctorate degree in Law (LLD) from the North-West University, South Africa. He was called to the Nigerian Bar in August 1985 and obtained an MBA from the Ogun State University, Nigeria. He is also a Chartered member of the Chartered Insurance Institute of England.
Kolapo lectured at both the University of Ife and the University of Lagos, prior to a career in industry. He was at different times General Counsel to three publicly quoted companies. At Guaranty Trust Bank plc (GTBank) as General Counsel, he was responsible for the documentation of transactions with multilateral institutions like the International Finance Corporation, African Export Import Bank, and FMO- the Dutch Development Bank, as well as the listing of the Bank’s shares on the London Stock Exchange.
As General Manager & Group Head, General Internal Services & External Affairs, Kolapo was responsible for the strategic management of the Bank’s legal & corporate secretariat, general & branches administration, safety & security, corporate affairs, and special projects. He laid the foundation for the best-in-class cost to income ratio for GTBank over a 10-year period. He developed and managed the expenses budget of the Bank, succeeding in holding costs within budget for most of the period.
As the Head of GTBank’s Retail Banking Division, he implemented the Bank’s retail strategy in 2006. He also led the turn-around of an insurance subsidiary acquisition of GTBank (now AXA Mansard Assurance plc) succeeding in recapitalising the company and coordinated the go-to-market strategy before handing over to a substantive CEO. In furtherance of GTBank’s business expansion drive, Kolapo was again requested to establish a mortgage bank subsidiary. He established GTHomes Limited (now Imperial Homes Limited), which commenced business in January 2008 as a primary mortgage institution and ran the company as Managing Director/CEO. By the time he finally retired from the Bank’s services in April 2009, GTHomes has become a major player in the mortgage-banking sector.
Kolapo is an accomplished trainer and writer, with publication in books, as well as local and international academic journals. He is an Adjunct Associate Professor of Law at Lead City University, Nigeria, and he facilitates on some seminars and degree courses at the Lagos Business School/Pan Atlantic University.