Sonnie Ayere

Sonnie Ayere
Born
Sonnie Babatunde Ayere

Education
OccupationInvestment banker
Known forPresident of Association of Issuing Houses of Nigeria (AIHN), chief executive officer of Dunn Loren Merrifield Group and Redeveloping Nigeria's Bond Market

Sonnie Ayere is a Nigerian investment banker and the chief executive officer of DLM Capital Group[1] (formerly Dunn Loren Merrifield). He has served as [resident of the Association of Issuing Houses of Nigeria (AIHN)[2][3] and as president of the Finance Houses Association of Nigeria (FHAN). In 2020, he was given the Investment Banking CEO of the Decade by the Banks and other Financial Institutions (BAFI) Awards[4][5] and the ECOWAS Icon of Societal Development by the West Africa Youth Council for his humanitarian work.[6][7][8]

Early life

Born in 1966 at St Mary’s Hospital Paddington, London, he attended St Catherine Model School and Government College, Lagos. He proceeded to attend the University of Dundee, Scotland where he studied financial economics. He studied corporate finance at the London Business School. He also received an MBA from Bayes Business School, City, University of London.[9][10]

Career

Ayere began his career at HSBC in 1992 before joining NatWest Bank in 1993. He later worked at Sumitomo Mitsui Bank London and BMO Nesbitt Burns in London in structured finance roles.

In 2001, he joined the International Finance Corporation, a member of the World Bank Group, focusing on structured finance for Africa.[11]

Ayere joined United Bank for Africa led by Tony Elumelu in 2005 as Managing Director of UBA Global Markets (later renamed United Capital Plc). In 2009, he founded Dunn Loren Merrifield, now known as DLM Capital,[12][13][14] which has expanded to include seven subsidiaries regulated by Nigerian financial authorities such as the Securities and Exchange Commission and the Central Bank of Nigeria. DLM Capital has won several awards under his leadership.[15][16]

He was inducted into the Chartered Institute of Public Resources Management and Politics (CIPRMP) 2020 Fellowship Hall of Fame.[17]

Advisory roles

Ayere has served as an adviser to various Nigerian government initiatives, including the development of the Nigerian Domestic Bond Market[18] and the establishment of the Nigeria Mortgage Refinance Company (NMRC).[19][20][21] He also was credited for redeveloping the domestic bond market in Nigeria[22]

Recognition

In 2020, Business Day's Banks and other Financial Institutions (BAFI) Awards named Ayere the Investment Banking CEO of the Decade.[23][24] That same year, The West Africa Youth Council recognized him as the ECOWAS Icon of Societal Development.[25][26]

Personal life

Ayere has three children, Sani-Michael, Sasha-Iman Joyeola and Oluwasunmitomo.

He is a member of Lagos Polo Club, Lagos Motorboat Club, Lagos Jetski Club and Ikoyi Club.

References

  1. ↑ "Investment in mortgage'll help reduce housing deficit – Ayere". The Punch. 2018-01-21. Retrieved 2021-07-12.
  2. ↑ "DLM's Sonnie Ayere takes over as AIHN President". Vanguard. Lagos, Nigeria. 2016-09-05. Retrieved 2021-07-12.
  3. ↑ "Capital market operators seek single license from CBN, SEC | Premium Times Nigeria". 2017-12-10. Retrieved 2021-07-12.
  4. ↑ "BAFI Awards: DLM Capital Group emerges winner of most Innovative Investment Bank of the Year 2020 award". Vanguard. Lagos, Nigeria. 2020-12-09. Retrieved 2021-07-12.
  5. ↑ "DLM Capital Group bags BAFI 2020 awards". The Punch. 2020-11-29. Retrieved 2021-07-12.
  6. ↑ "Sonnie Ayere recognised as ECOWAS icon of Societal Development". The Nation. Lagos, Nigeria. 2021-01-22. Retrieved 2021-07-12.
  7. ↑ "Sonnie Ayere recognized as ECOWAS Icon societal development". Vanguard. Lagos, Nigeria. 2021-01-23. Retrieved 2021-07-12.
  8. ↑ "Ayere recognised as ECOWAS icon of development". The Sun. Lagos, Nigeria. 2021-01-25. Retrieved 2021-07-12.
  9. ↑ "CFI.co Meets the CEO of Dunn Loren Merrifield: Sonnie Ayere". CFI.co. 2014-10-27. Retrieved 2021-07-12.
  10. ↑ "Sonnie Ayere, Founder, Dunn Loren Merrifield | Energy Council". Retrieved 2021-07-12.
  11. ↑ Akinyemi, Oluwakemi (2014-02-14). "theelites : RUTH OSIME FINDS LOVE, SETS TO MARRY SONNIE AYERE". theelites. Retrieved 2021-07-12.
  12. ↑ "CFI.co Meets the CEO of Dunn Loren Merrifield: Sonnie Ayere". CFI.co. 2014-10-27. Retrieved 2021-07-12.
  13. ↑ "DLM Advisory Partners named Best Deal Advisor of the Year". The Nation. Lagos, Nigeria. 2019-10-30. Retrieved 2021-07-12.
  14. ↑ "Sonnie Ayere Bio". Wiki Mzansi. 2018-09-13. Retrieved 2021-07-12.
  15. ↑ "Sonnie Ayere wins "Investment CEO of the Decade Award", DLM Capital wins "Innovative Investment Bank of the Year&#". Nairametrics. 2020-12-05. Retrieved 2021-07-12.
  16. ↑ "DLM Capital Group wins big at BAFI 2020 Awards". The Guardian. Lagos, Nigeria. 2020-12-09. Retrieved 2021-07-12.
  17. ↑ Daily Post Staff (2020-07-15). "DLM CEO, Sonnie Ayere awarded fellowship by Ghananian institute, CIPRMP". Daily Post. Lagos, Nigeria. Retrieved 2021-07-12.
  18. ↑ Ishau, Lukman (2023-07-27). "Sonnie Ayere Bags Lifetime Achievement Award". Marketing Space l Brands and Marketing in Nigeria. Retrieved 2025-03-09.
  19. ↑ Impact, Brand (2023-11-15). "Dr Sonnie Ayere emerges president of Finance Houses Association of Nigeria - Brand Impact Nigeria". Retrieved 2025-03-09.
  20. ↑ BusinessDay (2017-04-01). "True story of Ikoyi property case involving Sonnie Ayere revealed". BusinessDay. Lagos, Nigeria. Retrieved 2025-03-09. {{cite news}}: |last= has generic name (help)
  21. ↑ BellaNaija.com (2014-10-21). "Real Estate Unite 2014 Awards Babatunde Fashola, Julius Berger, Stanbic IBTC & More at Annual Awards in Lagos". BellaNaija. Retrieved 2025-03-09.
  22. ↑ Partners, N. M. (2021-08-30). "DLM Group to become a Pan-African institution soon – CEO, Sonnie Ayere". Nairametrics. Retrieved 2025-03-10.
  23. ↑ Partners, N. M. (2020-12-05). "Sonnie Ayere wins "Investment Banking CEO of the Decade Award", DLM Capital wins "Innovative Investment Bank of th". Nairametrics. Retrieved 2025-03-09.
  24. ↑ Nigeria, Guardian (2020-12-09). "DLM Capital Group wins big at BAFI 2020 Awards". The Guardian. Lagos, Nigeria. Retrieved 2025-03-09.
  25. ↑ Nwafor (2021-01-23). "Sonnie Ayere recognized as ECOWAS Icon societal development". Vanguard. Lagos, Nigeria. Retrieved 2025-03-09.
  26. ↑ Okon, Desmond (2021-02-02). "Ayere recognised as ECOWAS icon of societal development". BusinessDay. Lagos, Nigeria. Retrieved 2025-03-09.