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At Paroflex Multipurpose Cooperative Society Limited, we are more than just a cooperative—we are a transformative movement dedicated to empowering individuals and businesses through accessible savings...

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Contact Info
Phone 070200000020
Location B1, B2/B3 Innovation Plaza, Plot 770, Chioma Ejikeme Cresent, Wuye, Abuja
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Contact Info
Phone 070200000020
Location B1, B2/B3 Innovation Plaza, Plot 770, Chioma Ejikeme Cresent, Wuye, Abuja
Follow Us

Mr. Daniel Odoviano Oniko

Mr. Daniel Odoviano Oniko

Mr. Daniel Odoviano Oniko

President/CEO

Daniel Odoviano Oniko: Championing Financial Excellence & Empowering Africa's Next Generation of Leaders

A visionary economic advocate, and leadership mentor, Mr. Daniel Odoviano Oniko stands at the intersection of finance, entrepreneurship, and nation-building. With over two decades of expertise in consumer, retail, and investment banking, he has not only mastered the art of financial strategy but has also dedicated his career to transforming Nigeria's economic landscape.

A distinguished scholar, Mr. Oniko holds a B.Sc Combined Honors Degree in Mathematics and Economics from the prestigious University of Benin, laying a strong analytical foundation for his career. He further enhanced his expertise with a Master's in Financial Economics from the University of Abuja, complementing his later MBA in Chartered Banking from Bangor University Business School, Wales, UK.

His commitment to professional excellence is demonstrated through advanced certifications from world-class institutions, including:
- Senior Management Courses at Lagos Business School (Financial Management)
- Professional certifications from the Financial Training Institute
- Risk Management specialization from the Chartered Risk Management School
- Credit Administration credentials from the Chartered Institute of Credit Administration
- Economic policy training from the Chartered Institute of Economics of Nigeria

Mr. Oniko embodies the fusion of academic excellence and real-world impact. His membership in the Chartered Institute of Bankers of Nigeria (CIBN), and Chartered Banker Institute Scotland (MCBI), United Kingdom further solidifies his reputation as a leader committed to ethical and innovative banking practices.

But Mr. Oniko's true passion lies in empowering others. He is a tireless advocate for lifting Nigeria—and Africa—from poverty to prosperity, with a strong belief that small businesses and young entrepreneurs hold the key to sustainable economic growth.

"SMEs and startups are not just businesses—they are the lifeblood of our economy," he often says. "They create jobs, drive innovation, and build communities. When we invest in them, we invest in our future."

His mission goes beyond theory. Through mentorship, policy advocacy, and grassroots initiatives, he actively works to provide entrepreneurs with access to funding, skills, and opportunities—ensuring that the next generation of business leaders has the tools to succeed.

A man of diverse talents, Mr. Oniko's leadership extends to the world of sports, where he once served as Assistant Team Manager of All Stars International Football Club, Abuja. This role showcased his ability to inspire teams, foster discipline, and drive success—qualities he now applies to nurturing future business champions.

Today, Daniel Odoviano Oniko continues to inspire as a wealth creator, thought leader, and change-maker, proving that true success lies in lifting others as you climb. His story is a testament to the power of vision, perseverance, and service—a blueprint for building a thriving Africa, one entrepreneur at a time.

His Legacy? A stronger economy, empowered youth, and a bold belief that Nigeria's greatest wealth lies in the potential of its people.

Experience & Qualifications

International Education and Professional Advancement.

Earned an MBA from Bangor University Business School, Wales, United Kingdom (2022), enhancing his global banking and financial strategy competencies.

Holds professional affiliations with top-tier institutes including:
- Chartered Institute of Bankers of Nigeria (CIBN)
- Chartered Banker Institute, Scotland.
- Institute of Chartered Economists of Nigeria (ICEN)
- British Project Professional Society (Global Member Bronze Status)

Strategic Involvement in National Economic Programmes
Participated actively in the Bankers’ Committee in implementing the Youth Innovative Entrepreneurship Development Programme (YIEDP) in collaboration with the Central Bank of Nigeria.

Served as Coordinator for North Central in administering YIEDP loans, facilitating youth access to credit for entrepreneurial ventures.

Business Development and Financial Growth

As Heritage Bank Cluster Head, grew the cluster’s balance sheet from ₦21 billion to ₦48 billion through targeted strategies in Retail, SME, and Commercial Business.

As Experience Centre Manager, grew the branch balance sheet from zero to over ₦17 billion in six months (excluding public sector funds).

Major Credit & Project Financing Milestones
Facilitated the revitalization of Golden Guinea Breweries with over $15 million offshore and ₦5 billion onshore funding using NEXIM and BOI intervention facilities.

Handled credit structuring and financing of large-scale projects worth over ₦13.67 billion, engaging major clients such as CGC, Salini Nig Ltd, and Merit Export.

Turnaround and Profitability
At Polaris Bank, grew deposit liabilities from ₦7.2 billion to ₦24.6 billion and increased branch profitability by over 3900%, transforming a loss-making unit.

Leadership in Recovery and Risk Management
Spearheaded loan recovery and workout arrangements in multiple leadership roles to reduce non-performing loan ratios.
Led initiatives to manage and restructure dormant and classified non-performing accounts across Northern Nigeria.

Recognition and Awards
- Banker of the Year 2022 – Excellent Achievement Award.
- Multiple Awards of Excellence from academic institutions and organizations, including:
- Award of Excellence Recognition – 2022
- Award of Excellence by the Airforce Institute of Technology as Patron of the Department of Economics – 2019
- Special Recognition Certificate by All Stars International Football Club – 2019
- Award of Excellence by the National Association of Postgraduate Students (University of Benin) – 2017
- Award of Excellence by the Faculty of Management Sciences, University of Benin – 2016 Outstanding Manager Award – 2015

Sectoral Specialization and Diversification
Sectoral Specialization and Diversification
Specialized expertise in the Oil & Gas and Energy Sector, successfully assessing and financing large-scale projects with sustainable value.

Involved in non-oil export funding via the NEXIM/ESF N500Bn Steering Committee.