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Folake Ani-Mumuney: First Class Strategist, Achiever Extra-ordinaire
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By Eric Elezuo
One of the basic achievements of the Beijing Women Conference of 1995 was creating untold courage among women who are determined and committed to making a paradigm shift towards affecting humanity for the positive reasons. One of such women is the strong woman at Nigeria’s foremost bank, First Bank, in the person of Mrs. Folake Ani-Mumuney, who is the General Manager as well as sits atop Marketing and Corporate Communication department of the bank.
Ani-Mumuney, simply known as Folake or FAM by friends and well-wishers, is a humble combination of beauty, brains and workaholism. She is a stress-free achiever, who also chairs the Board of Directors of the insurance arm of the group.
Born to the family of late erudite former Medical Director of the National Orthopedic Hospital, Dr. Francis Owosina, who served between 1977 and 1989, Folake could very well be said to be a chip off the old block, striding in the very transparent footsteps of her forebears. Her father is reputed to have developed the modernised general and specialised Orthopaedic and Emergency Services department of the hospital in addition to introducing hip replacement and spinal surgery when he held sway in the hospital. He was also the brain behind the recognition of the National Orthopaedic Hospital, Igbobi as a World Health Organisation collaborating centre in 1979 as well as establishing the Post Basic Nursing School and the Residency programme in Orthopaedics.
Versatile and very prolific, Folake holds a degree in Philosophy and Law and also a diploma in Business Computing System Analysis and Design in addition to several management certificates and affiliation to many professional bodies.
She began her prolific and illustrious career with the British Airways, where she was responsible for Brands Policies and Communications across Europe and African region comprising 59 countries. She was practically running 59 countries, more than the size of the African continent at a time. It could only be as a result of her doggedness and desire to be the best one can be. She equally managed portfolios as Business Analyst, Strategy & Business Planning Manager, New Business Development Manager and Head marketing & Communications Manager Africa. And she was quite young then – a typical example of not too young to run product.
Her dexterity attracted the presence of the richest man in Africa, Alhaji Aliko Dangote, who promptly co-opted her into the group. Bringing her experiences to bear, she initiated the speedy turnaround of Dangote Industries as its Chief Marketing and Communication Officer. Her days at Dangote are remembered with fondness for the giant strides she took.
It was from Dangote that Ani-Mumuney moved to First Bank where she presently serves as Head of Marketing & Corporate Communications and General Manager. She is known to be the brain behind the meteoritic rise in the fortunes of the bank as she continuously dishes out one form of market oriented policy after another.
It is not for granted therefore, that her prolific nature was rewarded in 2017 when she emerged as the 10th President of the Advertisers Association of Nigeria in a keenly contested election. She therefore made history as the first female president of the association. Folake is known for creating firsts.
Between September 2017 when she took over the mantle of leadership of the association and today, Folake has walked her talk, creating a level playing ground for stakeholders as well as room for profit maximization in members’ respective businesses. Her intelligence and willingness to positively affect lives have remained her propelling philosophy to greater heights.
In the testimonies of those who had been privileged to work with her or just come across her, Folake is a quintessential enigma, down to earth and full of respect – a virtue she confessed to receiving from her disciplinarian parents – her late father and her still bubbling over 80 years mother.
With the likes of Wasiu Abiola of Nigerian Breweries, Nkiru Olumide Ojo of Stanbic IBTC, Nnena Osi Anugwa and Onome Asgbara of Dufil Prima on the driving wheels with her, Ani-Mumuney has been able to steer the progress of ADVAN forward, initiating new vistas and building on the achievement of the past executives.
The communication and marketing expert, who has conquered the fields of aviation, manufacturing and banking, was recently appointed to chair the insurance brokers’ arm of the group, FBN Insurance Brokers, while maintaining her position. Her appointment was contained in a notification to the Nigeria Stock Exchange (NSE), shareholders and the general public. Her elevation is a function of ability and trust.
A philanthropist of immeasurable standard, Folake has engaged in veritable corporate social responsibility, including individual based assistance to persons and communities. She is known to have put smiles on the faces of everyone that has come across her in one way or another, and has a retinue of gratitude in the bargain.
Folake is happily married with lovely children who are gradually carving a niche for themselves in their various little ways.
Ma, for being who you are (intelligent, productive and humane) and striving to make life bearable for as many people, you are our Boss of the Week. Congratulations!
The Federal government has disclosed that necessary measures, including international collaboration, are being deployed to ensure the safe release of the 47 kidnapped teachers and students of both public and private schools in Yawota and Ahoro Esienle communities in Oriire local government areas of Oyo State.
Secretary to the Government of the Federation, Senator George Akume, disclosed this on Thursday during the unveiling of the remodeled 154-bed Premier Hotel in Ibadan.
He reassured residents of Oyo State and the South-West region that the government is intensifying efforts to tackle insecurity across the country, including the recent rise in banditry, kidnapping, and related crimes.
“I must at this point reassure the good people of Oyo State and indeed the South-West that the Federal government is seriously addressing the upswing in banditry, kidnapping and associated criminalities across the nation.“
“I wish to assure you that every realistic measure, including international collaboration, is being taken to ensure that the kidnapped victims in Oriire Local Government Area are safely brought home without harm or avoidable loss of life,” he said.
He called on citizens to remain vigilant and support security agencies through intelligence sharing and community collaboration.
“I urge all citizens to remain vigilant and to work collaboratively with security agencies. There is undoubtedly a huge role for traditional and faith-based institutions to play in this regard and I urge them to take the lead through the various channels provided by government,” he added.
“The economy can only thrive in an atmosphere of peace and security,” noting that the Tinubu administration has made substantial investments in strengthening the nation’s security architecture.
“Economic development can only flourish in an atmosphere of peace, stability and security. That is why our administration has continued to invest significantly in strengthening the nation’s security architecture,” he said.
He stated that over the past three years, the government had enhanced inter-agency coordination, improved intelligence gathering, expanded technological surveillance capabilities, strengthened community-based security initiatives, and increased support for the armed forces and security agencies.
“There is an ongoing process in the National Assembly targeted at enhancing policing at all levels. We hope to roll this out in no distant future,” he said.
He noted that his administration’s efforts are yielding measurable results across several parts of the country and would continue until every Nigerian could live and conduct business safely.
“These efforts are yielding measurable results across many parts of the country. We remain committed to ensuring that every Nigerian, every investor, and every visitor can live, work, travel and do business in safety and confidence,” he stated.
He said visitors and investors should be assured that Nigeria was becoming increasingly secure and attractive for investment.
The Senate has passed a bill to establish State Police in Nigeria.
The Senate plenary was presided over by Senate President Godswill Akpabio.
The Senate adopted manual voting for the consideration of the State Police Bill after the electronic voting device developed technical issues during plenary on Wednesday.
Under the manual voting arrangement, each senator had to stand up, announce his or her name, and openly state his or her position on the proposed bill for establishing State Police.
President Bola Tinubu had earlier transmitted a Constitution Amendment Bill seeking the establishment of State Police to the Senate as part of efforts to strengthen the country’s security architecture.
The legislation seeks to amend relevant provisions of the 1999 Constitution to create a legal framework for the establishment of state police across the federation.
The move follows repeated calls by the President for constitutional reforms that would enable states to play a more active role in securing their territories.
A fresh spotlight was cast on terrorism financing and security threats on Tuesday as the United States sanctioned a Lagos-based alleged ISIS (Islamic State of Iraq and Syria) financier.
This came as troops neutralised suspected ISWAP (Islamic State West Africa Province) operatives and the Federal Government deepened counterterrorism cooperation with international partners.
The United States imposed sanctions on Mukhtar Adamu Muhammad and three bureaux de change linked to him over accusations of facilitating funds for the terrorist group.
Muhammad, 35, also known as Adamu Mukhtar and Muhammad Mukhtar, was identified as a key facilitator for ISIS-West Africa. He was listed with an address in Agege, Lagos State.
According to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), Muhammad allegedly served as a conduit for ISIS financing through bureaux de change operating in Lagos and Kano states.
The three businesses sanctioned alongside him are Generation Currency Bureau De Change Limited and Nine to Nine Exchange Bureau De Change Limited, both based in Lagos State, as well as Manhattan Bureau De Change Limited in Kano State.
According to OFAC, the network includes a France-based facilitator accused of providing information on explosives to ISIS supporters and a Syria-based operator who allegedly used cryptocurrency to transfer funds to ISIS associates in several countries, including the United States.
Announcing the sanctions, U.S. State Department spokesperson Thomas “Tommy” Pigott said the measures were aimed at disrupting the terrorist group’s financial operations worldwide.
“Under the leadership of President Trump, the United States is dismantling ISIS’s ability to finance terrorism around the world.
“We are cutting off the financial lifelines that enable ISIS to fund attacks, support its regional affiliates, and threaten civilians, including religious minorities,” Pigott said.
He added that the actions reflected sustained U.S. efforts to weaken ISIS, which he said had increasingly decentralised its operations and relied on financial intermediaries to sustain its global network.
The U.S. government also reaffirmed its security partnership with Nigeria, citing Abuja’s role in the May 16, 2026, operation that resulted in the killing of Abu-Bilal al-Minuki, described as the second-highest-ranking ISIS official.
Washington pledged to continue deploying diplomatic and legal measures against ISIS and its supporters.
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