Business a.m.

Kari Tukur, Mastercard executive, joins board of DLM Capital Group

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DLM CAPITAL GROUP, THE DEVELOP MENT IN VESTMENT INSTITUTIO­N, has appointed Kari Tukur, vice president of products at Mastercard sub-Saharan Africa, to its board of directors.

Kari has led the product and implementa­tion of Mastercard’s SSA core products, and the customer solutions centre for East and West Africa in the past three years.

Her experience, according to DLM Capital, brings to the board an extensive background of product developmen­t and management, multi-channel, and multimarke­t product distributi­on, as well as digital banking.

Prior to her role at Mastercard, Kari served as country head, consumer banking and privilege at Access Bank and operated as head of consumer banking.

She had previously spent five years at Standard Chartered as head, retail products and digital banking, and also worked at Stanbic IBTC, Santander and other notable institutio­ns.

Sonnie Ayere, DLM CapiHe tal Group’s chief executive officer and group managing director, noted that Kari’s appointmen­t brings a wealth of relevant experience to the board, adding that it will be a tremendous resource as the company continues to grow its customer base and expand its products and services into the digital banking space.

“I am excited to work with her as we continue our growth and fulfil our mission to provide readily accessible financial solutions to the needs of all Nigerians, irrespecti­ve of class, gender, religion or location,”Ayere added.

On her part, Kari said she is inspired by DLM Capital Group’s mission and very eager to work alongside Sonnie Ayere and the other directors to guide the company’s continued growth and success.

OLATUNDE AMOLEGBE, PRESIDENT OF THE CHARTERED INSTITUTE of Stockbroke­rs (CIS), has urged Nigerian parents to inculcate culture of savings and financial investment­s in their children in order to build a new generation of investors.

Amolegbe, a guest of honour at the 4th biennial interhouse athletics competitio­n of Sofunix Internatio­nal Schools, Ota, Ogun State, explained that as future leaders, children should be equipped with the knowledge of investment at a tender age .

The CIS president, while advocating financial literacy for children, also introduced an investment strategy, called “birthday shares”, that enables parents to buy financial assets for their children on an annual basis.

Speaking from the viewpoint of a chartered stockbroke­r, he stated that parents can introduce their children to financial investment­s by buying financial assets such as shares, fixed income securities and other asset classes as gifts during their children’s birthdays.

According to him, a child/ children offered such services will begin to develop interest in the securities market.

Speaking in the same vein, Sola Oni, the proprietor of Sofunix Schools, stated that the schools placed a premium on entreprene­urship of which investor education is an integral part.

Emphasisin­g the relevance of teaching and learning of entreprene­urship in schools, Oni explained that a child’s education is not all about academics, adding that children should acquire skills in other areas in order to become well-rounded.

further explained that an integral part of entreprene­urship is financial literacy and exposure to investment in the securities market.

On his part, Olusegun Feyijimi, a monarch in the community commended the schools’ management for leveraging the event to discover talents in sports.

He noted that sports activities go beyond exercising physical skills, noting that it is a business that both the schools and parents should encourage children to participat­e in.

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