About Us / Executive Staff

Executive Staff

Dr. Lucy Surhyel Newman, CPT

Managing Director/CEO

Dr. Newman presents a hybrid of development finance, private sector banking, and consulting background, within an academic orientation leveraged on a results-focused paradigm, which has shown her successes in aligning strategy, structure, people, policies and systems to optimize individual, organizational and systemic performance. She is a creative person and a dynamic leader with comprehensive experience demonstrating a broad-based public and private sector background in areas including Strategic Planning, Implementation and Monitoring, Program and Project Leadership, Research, Organizational Leadership Development, Business Development, Negotiations & Alliance Structuring, Start-ups, Corporate Turnaround and Governance.

She has over thirty (30) years of public and private sector industry practice and consulting experience from a state development finance institution and four commercial banks in Nigeria, in areas including business development, investment portfolio management, human resources management, product development, strategy and post-merger integration. Her work from August 2006 - April 2009, was in business advisory and Performance Improvement Practice of the firm PricewaterhouseCoopers (PwC) Nigeria. She left PwC Nigeria to join FITC as the Managing Director/CEO in May, 2009.

Dr Newman’s academic qualifications include a doctorate degree in Business Administration with specialization in Leadership and Performance, from the University of Phoenix, Arizona USA; Business Administration at both Undergraduate and Post Graduate levels, at the Ahmadu Bellow University, with a focus on Financial Management at the Undergraduate level and International Business, at the Post Graduate Level. Her professional qualifications and certifications include Certified Performance Technologist of the International Society for Performance Improvement, USA; Certified Training Professional (CTP) from the Finance Accreditation Agency (FAA); Professional Membership of the Development Executive Group of Washington DC; Graduate of both the Leadership Development Program for HR Practitioners [LDHRP] & The Leadership At the Peak [LAP] Programs of the Center for Creative Leadership [CCL] Colorado Springs, USA; Full Member of the Chartered Institute of Personnel Management (CIPM), as well as fellowship of the Nigerian Institute of Management (NIM) and the Chartered Institute of Credit Administration and a

Dr. Newman is an IFC/FITC Authorized Corporate Governance and Board Leadership Trainer, the 2012/2014 elected non-executive International Director on the global board of the International Society for Performance Improvement, (ISPI), an Elected Governing Council member of the Institute of Directors, Nigeria; a non-executive member of the Governing Councils of both the West African Bankers Association [WABA] and the Bank Director’s Association of Nigeria [BDAN]. During her tenor as the elected 2012/2014 International Director on the global board of the International Society for Performance Improvement (ISPI), she served as the board liaison of 3 Committees of the ISPI, namely; the Emerging Professionals, the Honorary Life, the Awards of Excellence and the T. F. Gilbert Distinguished Professional Achievement Committees of the ISPI.

She is a member of the Institute of Directors [IOD] Nigeria, and the 1st Vice Chairman of the IOD’s Women Directors’ Development Committee [WDDC], as well as the Chairman of the WDDC Sub Committee on Publicity & Participation, 2015/2017. She plays various intellectual and financial contributory roles to many religious charities and secular community development initiatives in Nigeria and across West Africa, having to her credit, many publications and facilitation at several premium conference in Nigeria and internationally. 

Dr. Tunji Ajiboye, FCIB, FCTP

Executive Director, Client Services Directorate

Tunji is an Executive Director with FITC. As Executive Director, Client Services Directorate, Tunji oversees the execution of the strategies of the three client services departments in FITC (FITC Training, FITC Consulting and FITC Research). He supports the MD/CEO in promoting the growth of FITC's external services in Nigeria, West Africa and sub-Saharan Africa especially where FITC's member institutions have presence. Tunji coordinates the business activities of the firm with other functional heads by actively seeking new opportunities that drive the firm's growth and development in terms of service quality across the firm's value chain. Prior to being ED, Client Services Directorate, Tunji had managed each of the FITC's business departments at one time or the other.

Tunji has over twenty-eight (28) years cognate working experience, spanning downstream sector of the Nigerian oil industry, banking, manufacturing, and the consulting services industry. Tunji is versed in training needs identification, development and customisation of training curriculum, project planning and implementation, and had been involved in numerous consulting assignments. He is adept at coaching and mentoring direct reports, and takes personal responsibilities in developing others leaders. In the last five years, Tunji had been able to develop and coach two department staff who were on probation to become high-performers, and subsequently winning departmental prices. The staff he developed have also been sought after by other departmental Heads. His interest in developing competencies of his staff recently led one of his direct reports acquiring doctoral degree from Walden University.

Tunji also serves as a resource person on many of FITC’s consulting projects and of recent, has been coordinating FITC’s emerging third party collaborations with international brands including International Financial Corporation (IFC), New York Institute of Finance, and the Association of Certified Chartered Accountant (ACA).

Tunji is a Fellow of the Chartered Institute of Bankers of Nigeria and recently obtained doctoral of Business Administration (leadership) at the prestigious Walden University, Minnesota, USA.  He is a graduate of the Leadership Development Program, Center for Creative Leadership, Brussels, Belgium and an Authorized Trainer on the International Finance Institution (IFC) /FITC Collaboration on Board Leadership Training in Sub Saharan Africa. He recently got authorized as a trainer in Managing Conflict and Difficult Conversations in the Boardroom by the Centre for Effective Dispute Resolution (CEDR) and IFC, in London. Tunji is a FAA Certified Training Professional (CTP). CTP provides a holistic view of the training profession through the process of design, development and delivery. It is outcome-based and is designed to develop dynamic and effective facilitation. FAA is an international accreditation agency, based in Kuala Lumpur, Malaysia, and funded by Bank Negara.

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