Mr. Obinna Onunkwo, Non – Executive Director, Law Union & Rocks

  • Mr. Obinna Onunkwo, is a Managing Partner in Purple Capital Partners Limited, a specialist investment firm with business areas in Principal Investment, Private Equity and Real Estate. He is also a Managing Director in PurpleMoney, a financial institution licensed by the CBN to provide Banking and other related financial services targeted at the micro-economy.

    Mr. Obinna Onunkwo, is a seasoned securities specialist with over a decade experience in investment management. He has a rich background in investment banking, asset management, equities research and trading, and has over the years played active roles as lead fund manager in corporate actions including mergers, acquisitions, private equity investments, equity raisings and valuations through the various capacities in which he has served.

    Mr. Obinna Onunkwo, began his career with Guardian Express Bank Plc. and was part of the pioneer team of Guardian Express Trust Limited. He thereafter proceeded to Spring Capital Markets Limited where he was the pioneer Head of the Asset Management Unit which oversaw the management of assets in excess of N18.5 billion.

    Mr. Obinna Onunkwo, also served as the Head of Asset Management Unit in Kedari Capital Limited in which capacity he also performed excellently. While in Spring Capital Markets Limited, he worked on a number of transactions part of which was the development and execution of the framework for the consummation of several Repo transactions with a cumulative value of over N16.5billion and the management of equity investments in excess of N17 billion on behalf of institutional clients.

    Mr. Obinna Onunkwo, also initiated and developed the initial framework for the execution of the reconstruction of 42.5bn units of Spring Bank Plc. shares which was at that time the first share.

    Mr. Obinna Onunkwo, was the pioneering Managing Director, Fund/Portfolio Management at Alternative Capital Partners Limited. As a pioneer director, he drove the operational success and positioning of the wealth management business, facilitating the first ever acquisition and merger of two mutual funds from a bank by a local fund manager as well as the achievement of a return in excess of 13%, which was above market rate for mutual funds.

    Mr. Obinna Onunkwo, sits on the Board of Law Union & Rock Insurance Plc. and serves on various committees, chairing the ERM Committee and the Technical Subcommittee of the Board. He holds an MBA from Lagos Business School and a bachelor degree in Economics from the University of Port Harcourt; where he also received several prizes as the Best Graduating Student of his set.

    Mr. Obinna Onunkwo, has attended various foreign and local courses in Investment Management. He is happily married with children.