Chief Financial Officer
Yetunde Demuren
Yetunde Demuren is a seasoned finance expert with nearly two decades of experience across consulting, investment, banking, corporate banking, strategic financial management, and business development. Her expertise spans both developed and emerging markets with a strong focus on transaction-oriented roles.
As the Chief Financial Officer at Axxela, she is responsible for leading the company’s financial strategy and capital management, while ensuring robust governance and the effective execution of Axxela’s long-term growth objectives.
Prior to her current role, Yetunde served as Head of Corporate Finance & Treasury Management, where she was responsible for capital structuring for projects, assessing project viability, cashflow planning, and implementing foreign exchange hedging strategies. She played a key role in the successful execution of Axxela’s oversubscribed N11.5 billion and N16.4 billion bond issuance programmes.
Before joining Axxela, she worked with PricewaterhouseCoopers in the West Africa Deals team with responsibility to deliver on equity and debt capital raise mandates, corporate restructuring, financial modelling, and valuation analysis for publicly traded and privately held companies. She also worked with Bank of Scotland, United Capital PLC, and FCMB Capital Markets where she provided strategic advisory on key projects including the acquisition finance capital raise for OML 42 by Neconde Energy Limited during the Shell divestment programme; the Implementation of the settlement agreement for the National Iron Ore Mining Company, Itakpe; the acquisition of Nokia Nigeria by Microsoft Mobile oy, an SPV created by Microsoft Corporation; acquisition of majority stake in Forte Oil by Prudent Energy; Lease, Redevelop, Operate and Transfer of two (2) hotels owned by the Odu’a Investment Company of Nigeria Limited; Corporate restructuring for Afprint Nigeria PLC among others.
Yetunde holds a B.Sc. in Banking & Finance from the University of Lagos and a Master’s degree in Management (Finance) from the University of Wales, Swansea. She is also an alumnus of Harvard Business School Online and has completed the fundamental level of the Association of Chartered Certified Accountants (ACCA), UK.