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OAL appoints Bisi Akodu as Managing Partner, admits 3 substantive partners

Mrs. Bisi Akodu,  Managing Partner, Olisa Agbakoba Legal

Olisa Agbakoba Legal(OAL) has announced the appointment of Mrs. Bisi Akodu as its new managing partner.

Mrs. Akodu succeeds
Priscilla Ogwemoh, who stepped down as Managing Partner after 20 years
of serving with distinction in that capacity.

(L-R) Adebola Sobowale, Partner, Debt Recovery and Insolvency; Babatunde Ogungbamila, Partner, Dispute Resolution; Victor Akazue, Partner, Corporate Commercial 

The Firm also elevated Associate Partners; Babatunde
Ogungbamila, Victor Akazue Nwakasi and Adebola Sobowale as Substantive Partners
with effect from February 1, 2019. 

They joined the firm in 2013, 2005 and 2008
respectively, and have been instrumental to OAL’s success over the years.
With over 40 years’
experience in
Corporate Commercial practice, Bisi is
experienced in mergers and acquisitions, share and
asset sales, leveraged buyouts, joint ventures and private equity transactions.
She serves as a
Member of Financial System Strategy Vision 20-20, a Central Bank of Nigeria
initiative to establish an International Financial Centre in Nigeria, a Fellow
and Council member of the Business Recovery and Insolvency Practitioners
Association of Nigeria (BRIPAN).
Bisi has acted as legal counsel for numerous companies
and corporations,
including Westinghouse Corp., Philip Morris Nigeria Limited, Cadbury Nigeria
Limited, Dornier GmbH, Thomas Wyatt Limited.  
She did extensive transactional work for various banks
during the Nigerian Banking consolidations of 2005 and has worked on collateral
risk assessment audits for Nigerian banks.
As an advocate of change, she has written on new
financing models and is currently engaging the Securities and Exchange
Commission (SEC) on establishing a crowd funding framework in Nigeria.
She provides commercial and solution-oriented advice to
a wide range of banking clients on innovative solutions to their insolvency and
bankruptcy concerns.
Babatunde has over 18 years post call experience in dispute
resolution. His passion for legal practice is evident in his meticulous
handling of cases and complex legal issues and he often enjoins others to
imbibe a methodical approach towards proffering solutions for complex issues.
Babatunde’s ultimate drive is the enrichment of his
knowledge, and he has published several papers in international journals
including the Oil, Gas and Energy Law Journal (OGEL) that published his
master’s thesis, which focused on options in increasing the bankability of
project financing transit pipelines in the face of the risk of obsolescing
Babatunde is registered with the Securities and Exchange Commission as a
capital market consultant. He is a member of the Nigerian Bar Association, NBA
Section on Business Law, Business Recovery and Insolvency Practitioners
Association of Nigeria and Insolvency International.
Victor is very competent in Corporate and Commercial
law advisory, Administrative law, Alternative Dispute Resolution (ADR), and
Regulatory Reforms. An extensively trained Arbitrator, Victor has contributed
to the development of ADR and its practice in Nigeria and Africa.
Victor combines unique skills from his experience as a
Commercial litigator, Trainer, Mediator and Negotiator in handling complex
legal issues and is a Euromoney trained
professional on the subject of Troubled Assets Resolution and Recovery handling
Receiverships on diverse Assets for financial services sector clients. An avid
scholar and law reformist, Victor advises private and public sector clients
both locally and internationally in relation to regulatory and compliance
issues on Nigerian Business environment and has worked on complex assignments
and training for multinationals and the Nigerian Federal Judiciary.
He has special interest in Law and Development,
Regulatory Impact Advisory and has published several articles and books on the
subject. He has initiated, led and coordinated development law assignments for
diverse clients and target groups. He is the author of Administrative Legislation:
Rule-Making in a Developing Economy
, Troubled Assets Resolution.
Adebola is diligent, a team player and is noted for
prompt delivery and solutions to knotty legal issues. He has displayed
exceptional leadership skills, founded on his integrity, impeccable
communication and negotiation skills.
Adebola has a strong analytical mind and has brought his
experience to bear in the Firm’s litigation, debt recovery and insolvency
He is an experienced and astute litigator and has
appeared in all superior courts of record in Nigeria. He has successfully acted
as Counsel to the firm’s Clients in several major Commercial Litigation
disputes. He also renders advisory services to financial institutions and
Government Agencies in resolving Non-Performing Loans (NPLs).

Adebola is also a member of the firm’s Alternative
Dispute Resolution Group and has acted as Counsel to both local and
transnational parties in Arbitral disputes. 
He is a member of the Nigerian Bar Association, NBA
Section on Business Law, Business Recovery and Insolvency Practitioners
Association of Nigeria and Insolvency International.

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