From Ilorin to the Global Stage: How University of Ilorin is Nurturing Talent for International Finance
Deep within the North Central region of Nigeria lies Ilorin, a city perhaps better known for its historical significance than as a cradle for global finance professionals. Yet, the University of Ilorin (Unilorin), marking half a century of academic contribution, is quietly reshaping this narrative. Against the backdrop of an increasingly interconnected world and the rise of remote opportunities, Unilorin is emerging as an unexpected launchpad for Nigerian students aiming for careers in the world's most competitive financial centres.
The university cultivates an environment where high achievement is not just encouraged but systematically rewarded. Through a merit-based system that designates its top-performing students as "Scholars," Unilorin fosters an ecosystem where excellence is the standard. This culture provides fertile ground for initiatives like The Investment Society (TIS), a student-led organisation with chapters across various Nigerian universities. TIS plays a crucial role, actively grooming ambitious young Nigerians, equipping them with the skills and networks needed to compete for coveted positions in global finance.
The Trailblazer: Grace Abikoye's Journey
Grace Abikoye embodies this burgeoning trend. Today, she holds a full-time position at a leading global investment bank and is seconded to a significant global sustainability initiative based in the UK. Her success story, however, is less a tale of privilege and more one of determination and strategic risk-taking. It represents a bold departure from traditional career paths, venturing into a global arena often perceived as inaccessible for many Nigerian graduates.
"To put it in perspective," Abikoye explains, comparing her international role to domestic equivalents, "if I were comparing my job to one at a top Nigerian financial institution, I'd likely be in a strategy department. My role leans heavily towards strategy and project management." While an initial internship offered a glimpse into the fast-paced trading floor environment, her career trajectory has focused on business support functions. "I primarily work interfacing with regulations, developing strategy, and handling executive coverage," she adds. This involves managing key relationships, overseeing projects, and occasional, necessary travel.
Abikoye's path was far from linear. An Agricultural Economics undergraduate, her foray into finance began not in the lecture hall, but through proactive engagement outside it. She actively joined student societies like TIS and seized networking opportunities, laying the groundwork for her future ambitions.
The pivotal moment arrived with an internship application to a top-tier global investment bank. Resilience was key; she faced multiple rejections before finally securing a spot in early 2021. The demanding ten-week program immersed her in global markets, with rotations on the linear rates trading and FX sales desks. "I initially found some of the core financial concepts challenging," she candidly admits. "But I discovered a natural strength in relationship management and strategic thinking. I decided to lean into those abilities."
Her perseverance and aptitude made a lasting impression. Despite the steep learning curve, her managers recognised her potential, offering her a fully sponsored, full-time position while she was still completing her undergraduate degree at Unilorin – a remarkable achievement. Following her internship, she further honed her expertise by participating in prestigious programs like the BCG Aspire Programme and the CFA Research Challenge. These experiences deepened her understanding of finance and sustainability, areas that now define her specialized role.
Beyond the Desk: Exposure and Impact
Abikoye emphasizes the immense value derived from exposure to senior leadership and major industry dialogues. "I support executives with key stakeholder meetings," she shares. "This gives me invaluable insight into industry policies, innovation trends, and the strategic thinking processes of leaders."
Attending major global industry events has further broadened her horizons, particularly concerning finance, sustainability, and their implications for African development. "I recently attended the International Energy Week Conference," she recalls. "It was fascinating to hear diverse perspectives from leaders on energy transitions and challenges. I constantly find myself thinking about how these global insights can be adapted and implemented back in Africa. How can we foster economic growth on the continent?" This forward-thinking approach—continuously questioning, strategizing, and seeking to connect global knowledge with local impact—characterizes her professional ethos.
Her success resonates beyond personal achievement; it serves as a significant win for TIS, validates Unilorin's approach, and inspires countless other Nigerian students to pursue seemingly distant global opportunities.
The Price of Ambition: Resilience and Sacrifice
Abikoye is clear about the dedication required. "The biggest sacrifice has definitely been time," she reflects. "I've always been very intentional about my commitments, understanding that every moment invested in learning and growth would yield dividends."
Despite the demands, her passion for her work, particularly in the sustainability sphere, is palpable. "The job constantly challenges me to think critically and strategically. I have the privilege of interacting with C-suite executives, participating in high-level discussions, and witnessing firsthand how global strategies take shape," she says enthusiastically. Every conference attended and policy debated reinforces her conviction that meaningful change is achievable with the right strategies.
Perhaps her most defining characteristic is resilience, a trait she believes is essential for young professionals aiming for elite financial institutions. "I've encountered so many 'no's throughout my journey," she states. "But persistence is key. If you are truly passionate about something, you must keep pushing. Even when faced with failure, the crucial step is to understand what went wrong, adapt your approach, and continue moving forward."
Opening Doors: The Ripple Effect
Abikoye’s breakthrough didn't just benefit her; it created a pathway for others. Wisdom Odusanya, another Unilorin graduate, now works as an infrastructure finance analyst at a top UK investment bank – a highly sought-after position.
"In essence, for every transaction, our team acts as either advisors or lenders," Odusanya explains. "A typical deal team includes Managing Directors, Directors, VPs, Associates, and Analysts. My role as an analyst involves reviewing complex financial models, conducting thorough due diligence to assess cash flow sensitivities, and ultimately ensuring the bank is comfortable with the risks associated with any project we finance." He compares the analytical rigour to that of venture capital due diligence, but with a focus on large-scale infrastructure assets, often involving sovereign entities.
While Odusanya appeared destined for a finance career, he readily acknowledges Abikoye's influence. "Grace Abikoye demonstrated that it was achievable," he stresses. "Before her success, these global firms seemed like distant, almost mythical entities. She made the possibility tangible for us at Unilorin." He adds, "It wasn't until I arrived in the UK that I learned others had secured similar roles before Grace, but she was the most visible figurehead. She led TIS Unilorin during a critical period of its growth."
Like Abikoye, Odusanya was deeply involved in TIS, serving as Director of Research during her presidency and later succeeding her as President. Unlike Abikoye's Agric Economics background, Odusanya studied Accounting and graduated as a Unilorin Scholar. He too secured his position following a successful internship at a global UK bank.
The fact that others have followed her path comes as no surprise to Abikoye. She understood from the outset the potential impact of her journey. Visibility, she knew, was crucial – seeing someone with a shared background succeed could ignite the belief in others that they too could achieve similar heights.
"Nigerians possess the capability to compete effectively with graduates from globally recognised target schools," Abikoye asserts confidently. "The key lies in developing the necessary skills, positioning oneself strategically, and maintaining relentless determination."
Her story, and those of the students following her lead, underscore a powerful message: Talent nurtured effectively, even in unexpected corners of the world, can break through onto the global stage. The University of Ilorin, through its commitment to merit and the drive of its students, is proving just that.
Editor’s note: At the request of the individuals featured, the names of the global banks they work for have been omitted.