United Capital CFO Andrew Onakpoma Acquires 230,000 Shares Worth ₦1.23M


The management of United Capital Plc, a leading African financial and investment banking Group, has disclosed that Shedrack Andrew Onakpoma, Member of Staff, purchased ordinary shares of 230,000 at N5.35 per share on January 19, 2021.

In a statement signed by Leo Okafor, Company Secretary and released through the Nigerian Stock Exchange (NSE), United Capital said the transaction took place on January 19, 2020, at the Nigerian Stock Exchange in Lagos, Nigeria.

Shedrack Onakpoma was appointed Group Chief Finance Officer, in 2019 and oversees the Finance, Treasury and audit departments of United Capital Plc. He is an Economist and Professional Accountant with over 23 years working experience in Financial Management, Business Planning, Capital raising projects, M&A, Business Combination and Restructuring within Africa.

Prior to joining United Capital, he has held varying finance roles within and outside Nigeria in different industries ranging from Manufacturing to Financial Services.

He was the Group Enterprise Manager at Heirs Holdings and the CFO at Tenoil Energy, CFO at Heirs Insurance Limited, CFO and Head of Strategic Management Office (SMO), at Union Assurance (Now Allianz Nigeria) and CFO at IGI Ghana Limited.

He obtained his BSc in Economics from Olabisi Onabanjo University in 2009. He qualified as a Chartered Accountant in 2002 and became a Fellow of the Institute of Chartered Accountants (ICAN) in 2013. He obtained his Balanced Scorecard Professional Certificate from the balanced Scorecard Institute, the USA in 2010.
He is also a Licenced International Financial Analyst.

He is currently an executive student of the prestigious Lagos Business School (LBS) where he is running an Executive MBA program.
Shedrack is happily married with 4 beautiful children.

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