We are Innovative

We are Proactive

We are Client-Centered

We are First Ally Asset Management Limited

About Us

About Us

First Ally Asset Management

First Ally Asset Management Limited (“FAAM”) is the Asset Management subsidiary of First Ally Capital Limited. FAAM is an innovative, proactive and client-centred asset management firm

The firm is duly registered with the Securities & Exchange Commission (SEC) and rated A-(IM) by Agusto & Co. FAAM prides itself in providing customized financial solutions using various asset classes to deliver solutions that most closely correlate to our clients needs.

In line with global best practice, all our clients’ assets and funds are held by a third-party Custodian, First Bank operating as First Nominees Nigeria Limited. This guarantees the safety of any financial assets/funds you might entrust with FAAM.


Our Vision

  • “To become a partner of choice, providing innovative financing solutions and enabling growth”

Our Mission

  • “Creating opportunities that foster growth”

Our Core Values

  • Trust – We ensure that all stakeholders can fully depend on the integrity, ability, and character of our people.
  • Integrity – Our people demonstrate the highest standards of ethical principles and soundness of moral character.
  • Client Focus – We always put the interests of our clients above all other considerations.
  • Teamwork – We work as one cohesive group in delivering value to all our stakeholders.
  • Innovation – Our people are forward thinking and dynamic, using modern systems and technology to deliver cutting edge services.
  • Professionalism – Our people are known for excellence and competence in their dealings with stakeholders.

Our Investment Approach

  • It is our opinion that market s are inefficient. As such, the intrinsic value of assets is not always reflected in the market price. To determine these mispricings, we analyse all information on the macro, sector and individual assets level along with economic and business cycles.
  • Whilst looking to invest in assets with strong fundamentals, we also aim to capitalise on the prevalent mispricings in the capital market to maximise return at the minimal risk possible.
  • We seek to create value for our clients, in real terms.
  • With our set of highly skilled and experienced investment professionals, our clients are rest assured of top-of-t he-class services and professional advice that would bear positively on their investments with us.
  • We believe that our primary objectives are to preserve our clients’ capital and generate positive real returns consistently, by actively managing risk.

Our Service Approach

  • Client-Focused : We understand that relationships are built on the highest standards of service and integrity.
  • Independence: We give our clients objective advice and only invest after we have done our own research.
  • Innovative: We provide creative solutions to our clients’ most complex challenges.
  • Asset  Security: All our clients’ assets are held by SEC registered third-party custodians.

Board of Directors

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Abiodun Arokodare
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Olumayowa Ogunwemimo
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Ebenezer Olufowose
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Segun Omidele
Amina Ibrahim
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Edwina Ugwu
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Janet Agun
Temitope Jolaoso