LAOLU ALABI JOINS CARDINALSTONE REAL ASSETS AS EXECUTIVE DIRECTOR: A BOOST FOR STRATEGIC GROWTH

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Olori Uwem

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Mar 18, 2024
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LAOLU ALABI JOINS CARDINALSTONE REAL ASSETS AS EXECUTIVE DIRECTOR: A BOOST FOR STRATEGIC GROWTH

Key Details:
1. Appointment of Laolu Alabi: Laolu Alabi has been appointed as Executive Director of CardinalStone Real Assets Limited, bringing significant experience in global markets and strategic fundraising.

2. Background and Experience: Prior to joining CardinalStone, Alabi served as head of the real estate division at African Capital Alliance. He was fund manager for the $165 million Capital Alliance Property Investment Company (CAPIC), focusing on investment strategy, asset management, and value creation.

Alabi also worked at Silk Invest Limited, a UK-based firm, where he played a key role in fundraising for a private equity fund that focused on food chain companies across Africa, particularly in Egypt, Ethiopia, and Nigeria.

3. Education and Early Career: Alabi holds a bachelor’s degree in Banking and Finance from the University of Lagos and a Master’s degree from Cranfield School of Management, Cranfield University.

He began his career as a research analyst at Stanbic IBTC, focusing on the breweries sector.

4. Leadership Vision: Mohammed Garuba, CEO of CardinalStone Real Assets, expressed excitement about Alabi's appointment, stating that his experience will be pivotal in driving excellence in the company’s real estate ventures.

Alabi himself highlighted his eagerness to work with the team to achieve CardinalStone's strategic goals.

Conclusion: Laolu Alabi's appointment as Executive Director at CardinalStone Real Assets marks a new phase in the company’s growth. With his extensive background in real estate, investment management, and fundraising, Alabi is well-positioned to contribute to the firm’s ongoing success in the real estate sector.