Executive Director CardinalStone Partners Ltd
Elile Olutimayin is responsible for managing the overall operations and resources of the securities trading business of CardinalStone Partners Ltd. and ensuring strategic alignment and strategic objectives are achieved as well as financial performance.
Elile also serves as the Chief Marketing Officer of CardinalStone Securities, she directly oversees the institutional sales and trading with key coverage being frontier fund managers, Hedge Fund Managers, and Africa-focused Fund Managers (in three major markets –North America, Europe, and Africa specifically South Africa) and local Fund Managers/Institutions seeking alpha returns in the Nigerian investment space.
Elile Olutimayin Leadership Style
Her leadership style has helped deepen relationships with clients, regulators, and other stakeholders; and she serves as a coach to her team, thus driving value to stakeholders. Elile’s efforts have led the Nigeria securities trading firm from being a relatively new market entrant to being a competitive leader in terms of volumes and value traded.
One of her key accomplishments is leading her team to execute the largest deal in the Nigerian Capital Market which was the sale of Nigeria’s second-oldest bank.
As the first non-owner Managing Director of the firm, Elile Olutimayin has directly contributed to over 30 per cent of the Group’s annual revenue growth. Leveraging on technical and people management skills gained in over a decade of experience covering securities trading, portfolio/funds management, strategy, and investment advisory, she has been able to consistently achieve and exceed set targets across varied growth and profitability metrics. Overall, the firm has witnessed a 1,800 per cent growth in revenue over a six-year period.
Elile Olutimayin is a keen advocate of work-life balance and its ability to promote staff wellness, improve productivity and guard against staff burnout in the highly pressurized securities trading environment.
Therefore, she launched several wellness initiatives within the organization, such as convening an annual soccer match with other investment banking firms that help relieve stress and build intercompany camaraderie. Elile currently serves as a member of the Governing Council of the Chartered Institute of Stockbrokers (CIS)- the only body in Nigeria empowered to conduct qualifying examinations and provide professional qualifications to Stockbrokers, Securities Dealers, Financial & Investment Analysts, and Portfolio & Fund Managers. The Institute also regulates the activities of its members.
Additionally, Elile Olutimayin is a member of several committees within the Nigerian capital market and continuously works with the regulators to deepen and grow a more robust Nigerian capital market. Elile is an Associate member of the Women in Management Business and Public Service (WIMBIZ), a non-profit organization focused on increasing and supporting the success rates of female entrepreneurs and the proportion of women in senior positions in corporate organizations and public service.