Timothy Ononiwu

Chief Financial Officer
Axxela

Biography

Timothy Ononiwu is an accomplished finance executive with extensive experience spanning project financing, financial advisory, capital raising, business development and project management across the energy, environmental and infrastructure sectors. Prior to joining Axxela in 2018, he held senior management positions in various financial and non-financial institutions including Executive Director and Head of Thermal Power and Oil & Gas, Project Finance North America at BBVA Securities (NY), Co-Head of Energy & Industrials at Fitch Ratings (NY), Director and Head of Thermal/Oil & Gas at Dexia (NY) and Head of Business Development and Project Finance at a pioneer indigenous power development and distribution company in Nigeria. His transactions have won ‘Deal of the Year’ awards from Project Finance International and Euromoney publications. He led Axxela’s inaugural N11.5bn bond issuance in 2020 and its dual-listing on the Nigeria Exchange and FMDQ Exchange. He recently concluded another successful N15bn bond issuance.

Speaker at these events:

Bonds, Loans & ESG Capital Markets Africa 2024

• Keeping the lights on in Africa: What does a successful energy transition look like in Africa, given the need to balance energy sustainability, reliability and demand?

Bonds, Loans & Sukuk Africa 2022

• Building back better: How is Africa’s burgeoning infrastructure pipeline going to be funded?

Bonds, Loans & Sukuk 24 2020

• Weathering the storm: How are African corporates adapting their financing strategies and managing their balance sheets?

Bonds, Loans & Sukuk Nigeria 2019

• Spotlight on Nigeria’s energy and infrastructure sectors: Funding and risk management solutions for lenders, investors and developers

Bonds, Loans & Sukuk Africa 2020