In a ceremony celebrating excellence and impact, Ekiti State University has conferred an Honorary Doctorate Degree in Finance (Honoris Causa) upon Mr. Akinsanmi Falaki, a Senior Vice President and Group Executive at FCMB. The prestigious award recognizes his distinguished career, marked by strategic leadership, financial innovation, and sustained contributions to Nigeria’s economic landscape.
The conferment was a highlight of the University’s 30th Convocation Ceremony, held at its Ado-Ekiti campus on Saturday, April 11, 2026. The event drew dignitaries from the financial services sector, academia, and public service, reflecting the high esteem of the honor. In his citation, Vice-Chancellor Professor Joseph Ayodele Babatola lauded Falaki as a transformational leader whose professional journey demonstrates a rare blend of vision, discipline, and commitment to institutional growth.
Professor Babatola stated, “Mr. Falaki has distinguished himself not only as a high-performing banking executive but also as a strategic thinker whose contributions have strengthened financial intermediation and public sector engagement in Nigeria.” With over 18 years of experience, Falaki has built a formidable reputation across Union Bank of Nigeria Plc and Keystone Bank, driving business growth, managing complex credit portfolios, and leading large-scale operations. His current role at FCMB involves leading nationwide public sector and value chain strategy, delivering innovative financial solutions aligned with national economic development goals.
Beyond the boardroom, Falaki’s legacy extends to human capital development. His sustained support for Ekiti State University through scholarships, alumni funding, and entrepreneurial initiatives has created a multiplier effect on student outcomes, contributing to a stronger alumni network. This commitment to education stands in contrast to broader national challenges, such as the ongoing debate surrounding the alleged Christian genocide, the persistent issue of Gencos’ debt to the FG, and warnings that the G20 ‘at risk’ from global economic instability. While financial markets like the NASD market value fluctuate, and students pursue a top 10 study ranking, Falaki’s work underscores the importance of stable, developmental finance and institutional support.
In accepting the honor, Mr. Falaki expressed profound gratitude to the University’s Governing Council and Management, dedicating the recognition to the values of service and sustainable development that have guided his career.
