Board of Directors

Chairman, Board of Directors

Engr. Adetunji Stephen Olabode

Adetunji Stephen Oluwadare Olabode is a seasoned engineer.

He has over two (2) decades of leading a team of professionals to develop corporate goals. He was at a time with Utility Borings Limited, Nigeria Bottling Company Plc, N-Core Engineering Limited, all in Lagos State. He later moved to the United State of America where he worked with the Polytan Associates PC East Orange NJ, USA; Parson Brinckeroff Inc Newark NJ, USA and Arbington Associates, PC Hamilton NJ, USA before he finally came back to Nigeria in 2004 to establish Drill Point Limited, Lagos where he is presently the MD/CEO.

He was appointed as the Ekiti State Water Corporation as the Executive Chairman overseen the Board and workers of about 600 at various locations in Ekiti State, Nigeria in 2011.

He is a Certified Team Leader in Bridge Inspection and Structural Integrity Evaluation; Certified CAD Operator (Microstation SE); Corporate Member of the Nigerian Society of Engineers (MNSE); registered Engineer with the Council for the Regulation of Engineering in Nigeria (COREN). He has equally attended training on Effective Management of Microfinance Banks.

He is currently the Chairman of the Board of Directors; he had served as a member at different capacities such as Governance and Nomination Committee, member of Board Establishment Committee, Board Risk Management Committee and Marketing Committee. He is equally the current Chairman of Efon Local Government, Ekiti State.

Managing Director

Pastor Oluwaranti J.S.T

Oluwaranti Joshua Sunday ‘Tunde is a seasoned Banker of over twenty-two years

He started his Banking career as an Assistant Marketing Officer with Efon Alaaye Community Bank Limited in 1994 and has since rose through the rank to the post of General Manager before the bank metamorphosed to Sunbeam Microfinance Bank in the year 2008. He has attended different seminars organized by the Central Bank of Nigeria (CBN), Nigerian Deposit Insurance Corporation (NDIC) and other bodies.

He is a qualified Microfinance Certified Banker, an alumnus of the Federal Polytechnic, Ado Ekiti, Nigeria. He equally holds a Master of Business Administration (MBA) in Management and Finance from the Federal University of Technology, Akure.

He has served at different capacities of the Board Committees ranging from the Board Finance and General Purpose Committee, member of Management Committee, Risk Management & Compliance Committee; a member of the Board Establishment Committee, Board Credit Committee, and Board ICT Steering Committee. He became the Managing Director of the Bank in the year 2018.


Mr. Afolabi Dele

Oladele Afolabi is a seasoned Banker with over fifteen years experience in Banking.

He started his career with the Canadian Imperial Bank of Commerce as a Personal Banker and Financial Analyst. Prior his joining Sunbeam Microfinance Bank, he had worked with Abundance Grace Investments as a Manager and Tax Consultants where he contributed immensely towards policy formulation of the company as well as providing advice on Investment and Tax preparation for Business and Individuals. He came back to Nigeria in 2012 to establish Aphed International Ltd where he is the MD/CEO.

He is an alumnus of Ondo State University (now Ekiti State University), he holds M. Sc in Monetary Economics from the University of Lagos, Nigeria, Diploma in Finance and Office Management, Canada, Investment Funds in Canada Certificate (IFIC) and Canadian Securities Course.

He is a currently the Chairman of Board Risk Management & Compliance Committee and a member of Board Credit Committee.


Chief Babatunde J. Kolawole (FCA)

Kolawole Joel Babatunde is a seasoned professional and accountant of over two (2) decades. He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), Associate member of the Chartered Institute of Taxation of Nigeria and a Certified of Risk Institute, Atlanta Georgia.

He started his carrier as Senior trainee with Olaniyi Titiloye & Co. in 1992, he later joined Kehinde Oshagbemi & Co. in 1995 after which he moved to join Clear View Optics Ltd as the Accountant of the company all in Lagos in the year 1997. Progressively, he moved to Minna to join Olawale Shorunke & Co. as a Manager in the year 1999 before he eventually joined the team of HLB Z. O. Ososanya & Co. in Abuja in the year 2001 as a Supervisor. He has since, rose through the ranks to become a Partner and a senior one till date. 

Babatunde J Kolawole FCA

His core competencies span through audit, assurance and review of financial statements, taxation, management consulting, training and mentoring. He holds M.Sc in Contemporary Accounting from the Leeds Metropolitan University, United Kingdom. He is also an alumnus of Efon High School, Efon – Alaaye, Ekiti State.

Team Members

Management Staff