Oluwatoyin Fakorede

Oluwatoyin Fakorede is a highly accomplished compliance, governance, risk, and information security professional with over 15 years of expertise spanning the financial services and technology sectors. Her distinguished career encompasses anti-money laundering (AML), counter-terrorist financing (CTF), fraud prevention, regulatory compliance, and governance, underpinned by a robust focus on risk management and information security.
As Head of Compliance and MLRO at Raenest Inc., Oluwatoyin spearheaded the development and implementation of compliance frameworks across multiple jurisdictions. She conducted comprehensive risk assessments, reinforced data protection measures, and optimized internal control systems to align with international standards. Her initiatives, including tailored compliance training programmes, significantly reduced regulatory violations while enhancing awareness across teams.
At Chipper Cash, she served as AML Manager, where she developed automated transaction monitoring and sanction screening systems, successfully mitigating financial crime risks and preventing losses. Her leadership extended to enhancing fraud detection processes, conducting compliance audits, and improving organizational adherence to both local and international regulations.
In her role as Compliance Manager at Transnet Financials Limited (Newedge Finance), Oluwatoyin played a pivotal role in launching innovative financial products like Palmcredit and Eazybuy, driving financial inclusion while ensuring full regulatory compliance. Her contributions included designing compliance frameworks, conducting internal audits, and implementing training programs to bolster operational efficiency.
Oluwatoyin’s career also includes key roles at Stanbic IBTC Bank and Diamond Bank Plc, where she excelled in relationship management and Internal control. Her efforts streamlined processes, improved compliance efficiencies, and strengthened organizational risk management.
Holding a Master of Business Administration (MBA) from the University of Bolton, UK, a Master of Science in Finance from the University of Lagos, Nigeria, and a Bachelor of Science in Economics from the University of Ibadan, Nigeria, Oluwatoyin complements her academic achievements with professional certifications, including Certified Fraud Examiner (CFE) and ISO 27001:2013 Lead Auditor.
Renowned for her analytical precision, attention to detail, and ability to communicate complex compliance matters, Oluwatoyin is passionate about integrating GRC and information security practices into business operations, fostering resilience, and driving regulatory excellence within organizations.
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