Iyiola Alokolaro-Oyefeso

Name: Iyiola Oyefeso

Position: Group Head Legal Services

Company: AA&R Investment Group

Sector/Industry: ICT, Agribusiness, Logistics, Oil & Gas

Worked in current position for: About 4 years

Total years as an in-house lawyer:    11 years                     

A day in the life: I direct and oversee the legal affairs of AA&R Investment Group. This entails providing legal advisory, regulatory compliance, company secretarial and transactional support to AA&R and its operating companies.

I spend my time providing legal advice to the various business units and operating companies as it relates to their respective operations. This entails supervising the drafting and reviewing of various legal documents including agreements, legal opinions, resolutions, affidavits, power of attorneys, minutes, notices of meetings etc; attending and leading various meetings including negotiation meetings, settlement meetings and kick-off meetings; liaising with external counsel; conducting due diligence exercises on customers, partners, subcontractors and vendors; engaging regulatory bodies and conducting periodic checks on the various operating companies and business unit to ensure compliance with regulatory requirements.

The best thing about my current job is: The best thing about my current role is the valuable experience it provides, exposing me to complex multi-million dollar and international transactions. The chance to contribute to such complex dealings not only enhances my skills but also opens doors for professional advancement. I appreciate the growth opportunities that arise from actively advising on such transactions.

The most challenging thing about my current job is: In my current role, the most challenging aspect is providing legal support to diverse business units and operating companies within the group simultaneously. To navigate this challenge successfully, I have developed a strategy centred on efficient task delegation and prioritization. By focusing on tasks crucial for revenue generation and brand protection, I ensure that our legal efforts align with the overarching goals of the organization. This approach has proven instrumental in maintaining a balance and maximizing the impact of legal support across various entities within the group.

Most pivotal career decision: The most pivotal career decision I made was taking proactive ownership of my professional journey. Recognizing the importance of driving my own career growth, I decided to take charge of my personal development. This decision has allowed me to actively shape my professional path and has been instrumental in achieving both my short-term and long-term goals.

One of the biggest challenges I’ve had to face in your in-house career journey is: One of the biggest challenges I’ve encountered in my in-house career journey revolves around effectively managing relationships both upwards and downwards within the organizational hierarchy. Navigating these dynamics requires a delicate balance of leadership, communication, and adaptability. With my superiors, I’ve learned to understand their expectations and priorities while aligning my team’s goals with the broader organizational objectives. With my team members, I have created an inclusive and supportive team culture that encourages collaboration and fosters an environment where everyone feels heard and valued. Providing constructive feedback, recognizing achievements, showing empathy and addressing concerns promptly have been essential aspects of managing my team effectively.

What advice would I give my younger self?: On video

Key influencers that have shaped my journey:

Two remarkable individuals have significantly influenced and shaped my path. Dupe Olusola’s outstanding career achievements serve as a constant inspiration, igniting a fire within me to reach for my goals with unwavering determination. Additionally, witnessing Morenike Molehin’s journey in finding her voice within both the professional and social impact spheres has been truly empowering. The mere thought of the remarkable accomplishments of these two women fills me with the strength and motivation needed to forge ahead in pursuit of my aspirations.

One cool thing I’ve observed in the legal industry recently ?

One cool thing about the legal industry in recent times, is the adoption of newer technological advancements such as AI to enhance our operational efficiency.

 Favourite pro bono/ volunteer or charitable activity:

 One of my favourite charitable activity involves actively participating in fundraising initiatives to support the less privileged. Witnessing the profound impact on their lives and the sheer joy on their faces when their essential needs are met is a truly priceless experience.

If I were not practising law, I would probably be:   

If I were not practising law, my passion for creating positive societal change would likely lead me to the social impact space. I would either be working within an organization dedicated to addressing pressing societal and environmental challenges or even taking the initiative to establish such an organization.

What (singular) achievement are you most proud of?  

While I have numerous achievements that bring me pride, if I were to highlight one singular achievement, it would be the establishment of a fully operational Legal Services Unit within AA&R Investment Group. This has not only provided the Group with immediate access to legal and compliance support but has also involved the implementation of strategic initiatives that significantly enhanced legal operational efficiency and ensured the long-term sustainability of the unit.                        

Something you love doing that but you’re not that great at?  

I love dancing, even although I can’t claim to be a great dancer. I tell my friend how much of a show-off I would be if I were a great dancer.

Something you dislike doing that you’re pretty good at?  

One thing I find myself disliking despite being good at is organizing events or social gatherings. While I have the organizational skills and attention to detail needed to plan and execute successful events, the process often feels burdensome.

In 5 years-time I’d love to be:

In 5 years-time I’d love to be serving as a General Counsel/Legal Director within an organization that is not just a corporate entity but a responsible global citizen, contributing to the advancement of society through thoughtful and purpose-driven strategies and initiatives. I envision a role where my legal expertise not only safeguards the company’s interests but also becomes a catalyst for positive change in the communities we serve.

More Posts