Richard (“Dick”) Kramer


Dick is also a founder and the Chairman of ACA. Dick has a strong background in business strategy and helped many foreign companies enter Nigeria successfully during his tenure as Managing Partner of Arthur Andersen & Co. Nigeria, which he started in 1978.

Previously, he served as Managing Partner of Arthur Andersen in Benelux, Argentina, and Uruguay. Dick was formerly the Vice Chairman of the Nigerian Economic Summit Group, served on the Lagos Business School Advisory Board and previously headed the technical team for Nigeria's Vision 2010 Committee.

Dick holds an MBA from the Harvard Business School and an accounting degree from Kansas University. In addition, he is a U.S.-Certified Public Accountant and a Nigerian Chartered Accountant.

Cyril Odu


Cyril joined ACA in March 2012, after 39 years of a meritorious career in the oil and gas industry. At Mobil, Cyril was the Vice Chairman of the Board of Mobil Producing Nigeria where he had responsibility for Business Services, and he also the Chief Financial Officer of the Upstream Affiliates of ExxonMobil in Nigeria.

In addition to responsibility for Financial Controllers, Treasury and Tax functions, he also had In-Country administrative oversight over Procurement, Information Technology, Real Estate and Facilities Management.

Cyril attended the University of Ibadan and graduated with a degree in Geology and an MBA from the Texas Southern University. He joined Mobil as a geologist in 1972 and served in several Technical and Management positions in Exploration, Production, Joint Interest & Regulatory Affairs, Planning and New Business Development and Human Resources.

He was also actively involved in developing and implementing Exxon Mobil business strategies in Nigeria over the years in addition to implementing several innovative funding and financing solutions for ExxonMobil in Nigeria

Sam Oniovosa

Alternate Director

Prior to joining ACA in 2003, Sam garnered over 25 years of experience in financial services. He began his career at Arthur Andersen, where he spent four years working on various financial consulting and audit engagements. After leaving Andersen, he held increasingly senior positions in accounting, treasury, corporate finance, commercial banking and financial management at Guinness Nigeria PLC, First City Merchant Bank, Credite Bank and United Bank for Africa.

At United Bank for Africa, Sam was a Group Head of Corporate Banking and later became Group Head for the Lagos area Commercial Banking business. He rose to become Deputy General Manager and Senior Credit Officer with responsibility for risk management.

Sam received a First Class degree in Economics from the University of Ife (now Obafemi Awolowo University) and his MBA from the University of Lagos. He is a Fellow of the Institute of Chartered Accountants of Nigeria and won the second best overall prize in the final qualifying examinations.

Eno Atoyebi

Executive Director & Chief Investment Officer

Eno has over 19 years experience in investment management. Before she joined ValuAlliance in 2010, she worked for Afrinvest (West Africa) Limited (formerly SecTrust), where she was co-head of the Asset Management division. Prior to that, she worked for Mobil Producing Nigeria Unlimited.

Her experience includes investment advisory/strategy, and managing investment portfolios of: Institutional Investors such as pension funds and life insurance companies; Collective Investment Schemes such as the Nigerian International Debt Fund (“NIDF”), a USD denominated closed end fixed income fund; and high net worth individuals.

Eno is a Chartered Financial Analyst® and a fellow of the Institute of Chartered Accountants of Nigeria. She has an MBA (finance) from Hult International Business School, MA, USA and is an alumna of the Lagos Business School Senior Management Programme. She served on the board of the Fund Managers Association of Nigeria as a non-executive member and remains an active member of the Association.