Third Chapel Limited

Third Chapel Limited was incorporated in 2015. We provide Finance Solutions to the Finance Industry. We work with Finance Sector players to optimise their investments and provide financial alternatives, bridges and anchoring. We work with several International and Local Private Investors, Institutional Investors and Corporate Lenders to accumulate assets which provide superior returns which may not have been achievable through direct lending or Investments.

We utilize tested financial structures, adapted with non-linear expectations, to ensure we accommodate tailored outcomes. We put a lot of priority on value creation, either for the immediate transaction or for the secondary. Our strength is our network, expertise and our core values of innovation and integrity.

Our Services

We offer Factoring, Forfaiting, Invoice Discounting, Debt Consolidation and Securitisation to our clients. We utilise conventional methods and approaches which are tailored to each transaction on a case by base basis.

Factoring

We offer factoring services on both Local and Foreign Currency Denominated Assets.  The factoring can be with or without recourse to the asset owner, depending on the peculiarity of the asset.

Forfaiting

Our forfaiting services are tailored to ensure optimum value and liquidity is available to all stakeholders as at when due.

Invoice Discounting

We offer tailored Invoice Discounting services to our clients. We occasionally exceed the traditional matching conventions to ensure that our clients get far better value than expected.

Debt Consolidation

We consolidate our clients debts when required in order to create incremental value and unlock potentials which are only achievable by centralizing the debts.

Securitization

We offer securitization structures in order to open up our clients assets to a wider audience and ensure that both our client and our firm can obtain greater value during the term of the transaction.

Debt Restructuring

We offer debt restructuring funding to our clients to ensure that the clients have additional liquidity which will ensure that funding from existing assets are tailored to original loan, especially in cases where a genuine landscape shift makes the initial structure impractical.

Leadership

Mr. Temitope Runsewe- Managing Director/ Chief Investment Officer

Mr Runsewe has over a decade experience in the Financial Services sector. Prior to Third Chapel, he worked as a Managing Director of First Asset Limited. First Asset Limited is a Finance, Advisory and Research Company registered in Sierra Leone. First Asset Limted also offers Finance products such as Project Finance and Asset Finance. Under his leadership, the company offered Advisory services to Commercial Banks, Mining Companies and to Foreign Investors operating or proposing to operate in West Africa. First Asset Limited has worked with several investors and has successfully raised over $300 Million for several clients in West Africa mostly in Sierra Leone, Nigeria and Liberia. While at Guaranty Trust Bank, Mr. Runsewe headed several groups and teams in the bank’s subsidiary including Corporate Banking, Commercial Banking and Mining. He has extensive skills in marketing, budgeting, negotiations, team management and portfolio management. He also worked at Vigzit Benet Leasing Nigeria where he left as the Head of Product development. He has a B.Sc. Surveying and Geoinformatics Engineering (University of Lagos), MBA. (University of Wales, UK) and M.A Development Management (University of Sierra Leone). Amongst other boards in which he sits, Mr. Runsewe is also on the board of Directors of First Asset Limited, Aristotle Services Limited and Balaah Hope Initiative (a Non-Governmental Organization focused on Social Issues of the girl child).

Humphrey Uzoh - Investment Director

He has over 13 years active experience in the financial services industry in Nigeria having worked with Diamond Bank Plc and Bank PHB for that period.

He has vast experience in money and capital market. He successfully implemented flex-cube securities module for Diamond Bank and has managed a portfolio of about 450 Billion naira in government securities profitably. Also, he is still fondly known at Diamond Bank Plc as the person that re-priced the bank’s  N300Billion Treasury Bills portfolio during a major market turn in 2012.

He left Diamond Bank Plc as the Head, Foreign Currency Dealing with the Treasury and Financial Institution division of the bank.  Prior to that role, he headed the Money Market and Liquidity Management  Unit for about 3 years with the same bank. He had also headed several units such as Fixed Income Desk , Local Currency Trading and Foreign currency Transfers. He has an extensive and pragmatic experience in International trade finance  He also worked with Bank PHB as a relationship manager.

He has a Msc. Finance and Management (Cranfield School of Management, England), MBA(Lagos state University-Lagos Nigeria),Bsc. Business Administration (2.1)(University of Ilorin, Nigeria) and a Diploma in computing (Distinction) (University of Lagos, Nigeria).

Omotayo Banjo - Risk and Structuring Director

He was previously the Managing Director of AFCOM (SL) Limited – the biggest ISP and IT integrated solutions company in Sierra Leone.
Tayo garnered 14 years of experience working with Unipetrol Nigeria Limited (a downstream oil company that later became OandO), Intercontinental Bank Plc , Bank PHB Plc and Bank PHB Gambia, he has gathered exposure and experience in project analysis and structuring, project management, investment analysis, management structuring, financial analysis, cash flow management and projection. His major strength lies in risk management, as he has headed the risk management department for several banks in several capacities.
He has a BA in Economics from the prestigious University of Ibadan and several certificates in relevant fields and competencies.

Adebola Adeyemi PHD - Senior Legal Counsel

Adebola’s vast international experience especially in the United Kingdom ensures that he provides invaluable legal advisory services especially for our international clients. Adebola is registered with the Chartered Institute for Securities and Investment UK, having completed his CISI Diploma in Investment Compliance. Adebola is a dual qualified legal practitioner. He is qualified to practice as a Solicitor of the Senior Courts of England & Wales and a Barrister and Advocate of the Supreme Court of Nigeria. Adebola’s qualifications include, LL.B (LASU), BL (Nigeria) LL.M Corporate Governance (Manchester) and PhD Law – Sustainable Project Finance (Swansea).

Damilola Adebiyi - Finance Analyst

Damilola provides Project and Finance analysis services to assist the team. Her economics and investment analysis background gives her a unique perspective in financial analysis. She has an MA Economics from University of Glasgow and MSc Investment Analysis from Aston University.

Motunrayo Fadeyi- Research Analyst

Motunrayo provides Research analysis services to assist the team. Her attention to detail gives her a unique perspective which aid data gathering and information development. She has a Bsc Industrial Chemistry from Bell University and a Msc in Industrial Chemistry from University of Lagos.

Careers

As a growing Company who understands that our human resources are our core strength, we are always recruiting the brightest. In addition to academic, professional and working experience, we also look out for factors such as personal development, versatile knowledge and uncompromisable integrity. We also strongly believe in the job-fit concept.

Kindly upload you CV to the online portal below and we will revert if there is a position available and if there is a likely fit.

Contact Us

Email: info@thirdchapel.com

Address: Plot 215A, House B, Etim Inyang Crescent, Victoria Island, Lagos, Nigeria.

Contact Number: +234-1-4604911