Resort Savings and Loans Plc, with over 20 years of operational experience, has grown steadily in achievements, acceptability and reputation. With Customer Service as a major drive, combined with a passion to drive the mortgage sub-sector to greater heights, Resort has continued to deliver products that cater for customers' peculiar needs..

Resort Savings & Loans Plc

Resort Savings & Loans Plc is duly licensed to carry on mortgage banking business and has operated for over a decade, having commenced business on November 29, 1993, and grown steadily in achievements, acceptability and reputation.

Whilst these formative years have been used to lay a very solid foundation for business development with great emphasis on building public confidence and acceptability, the company thereby successfully pulled through the difficult years of mortgage banking and subsequently has been achieving modest income that continues to increase steadily.


Vision

A leading and reputable mortgage banking services provider.



Mission Statement

Rendering seamless mortgage banking services that ensure customer satisfaction and impressive return to stakeholders in a technology driven environment.



Core Values
P - Professionalism
R - Responsiveness
I - Integrity
T - Team Spirit
E - Excellence


Description of Business

Resort Savings & Loans is a Primary Mortgage Institution (PMI). In accordance with the revised Guidelines issued by the Central Bank of Nigeria, PMIs are authorized to receive Deposits and maintain accounts for their customers for the purpose of providing service, creating mortgage assets and other credit facilities. By this function Resort Savings & Loans is a financial intermediary that reviews the creditworthiness of a borrower, provides the funds for the loan and quickly sells mortgages into the secondary mortgage market.

To date, the company has done active business in the following areas:

Leasing and Credit Facilities

This has been extended to a lot of Small and Medium scale companies and high net worth individuals to grow their businesses.

Property Acquisition Management
Acting as intermediary, the company links sellers and buyers to consummate transactions, offers financial advisory and management services on property use and fund, all for fee income.

Mortgage Finance
This is provision of loan on short and medium term for property acquisition and development.

Fund Management

This is liability management, through the company’s products including Resort Insurance-Linked Mortgage Fund (RILMFUND), Savings and Tenor Deposits.


Products

Resort Savings and Loans provides full mortgage services, commercial and investment banking through her various products.

In line with rendering seamless mortgage services, our products are tailor-made for the different cadre of customers that we cater to. As such, we have products geared towards wealth acquisition from cradle (in form of RIMPLAN Endowment), for the low-income earner, and even for the huge investor. So no matter what category our customers fall into, there is always something for them.
And even better, is the introduction of our debit card which allows our customers to withdraw money from any of our ATM points or any ATM point of their choice or conduct transactions at different POS electronically.

Senator Sunday O. Fajinmi
chairman

A Distinguished Senator of the Federal Republic of Nigeria,1998. He holds HND in Marketing from Teesside University, Middlebrough, United Kingdom (1978). He also holds Diploma in Marketing (1979) and a member of Chartered Institute of Marketing, United Kingdom. His business and Industrial experience spans over 30 years. As an ICT Professional, he is a Fellow of the Nigeria Computer Society (NCS). He is also a Member of the British Institute of Marketing and Chartered Institute of Marketing, U.K .

Mr Olayemi Rabiu
Managing Director / CEO

He has over 20 years post qualification experience in professional Accounting practice, General commerce, Banking and Finance. He is a fellow of Institute of Chartered Accountant of Nigeria (ICAN), Associate of Chartered Institute of Taxation (ACIT) and a graduate of Banking and Finance from University of Lagos, Akoka, Yaba Lagos. He was Audit Manager (A.O. Popoola & Co. Chartered Accountants), Financial Controller of GF Investment Group, General Manager, Ruthstar Limited (Textile Manufacturing Company) and Head of Finance & Administration at Oasis Savings & Loans Limited (Mortgage Bankers). He has attended courses on strategies actualization, Asset and Liabilities Management, Managing small business to fruition and corporate governance organized by LBIC, FITC, Money Market Association of Nigeria etc. He brought these antecedents to strengthen the team of Resort Savings & Loans Plc as Divisional Head, Banking Operation/Chief Finance Officer.

Barr. Jideofor Chukwuocha
Director

He holds an LL.B (Hons) from the University of Nigeria Nsukka. He qualified as a Solicitor and Advocate of the Supreme Court of Nigeria after been called to the bar decades ago. He is the Principal Partner in J.O.J. Chukwuocha & Co. His experience in Legal practice and commerce span over 25 years and He is presently the External Solicitor to First Bank Plc, Director; Save Earth Project Magazine and also the coordinator, Youths For Change in Nigeria. Barrister Chukwuocha sits on the Board of many organizations which include International Humanitarian Initiatives (IHI) from 1999 to 2003 an organization involved in reaching to the unknown parts of the Earth alleviating poverty; Steven Properties Limited and Chairs the Board of Charystevens Ventures Ltd; an international Consultancy Company on Ventures and investments. He is a legal adviser and consultant to reputable organizations among which are; Et-Zale Security Company, Ready Technologies Limited and Queens Image Formations Consult.

Nosike Agokei
Director

He holds an LLB from the University of Lagos, Akoka (2002). He also holds M.Sc Economics from the University of Ibadan, Nigeria. A seasoned Economist with over 20 years experience. He is a member of the Institute of Chartered Accountants of Nigeria (ACA) 1996, Member of the Institute of Chartered Secretaries & Administrators of London, United Kingdom (ACIS) 1991, Member Chartered Institute of Taxation (ACTI) 2003 and member Chartered Institute of Arbitrators, UK (MCiarb) 2010. He has served on the Board of many companies including Lennards Nigeria Plc, Holt Engineering Limited (1994-2010).

Baido Danladi Tijo
Director

He is a graduate of Ambrose Ali University with Bachelor of Public Administration (2005). He also has Advanced Diploma (2001) and Diploma (1999) in Applied Psychology. This qualifications enable him understand the marketing behavior of people in the various marketing segment markets. He is an astitute business man with particular emphasis on properties development, syndication and Management where he has contributed to the estate development in many state in Nigeria. He is a politician with high integrity and his influence in political terrain spread all over the country. He is a fellow of Institute of Trustees and has many other leadership awards in education, religion and governmental institutions.

ARC Umar Usman Karaye
Director

Umar is an Architect of International repute, holding Masters of Science in Project Management from University of Reading, Reading UK(2008), Executive MBA from Lagos Business School (1998), Master of Science in Architecture from State Academy of Construction & Architecture, Odessa, USSR (1983) and Preliminary Chemical Engineering Diploma from University of Lagos(1977). Arc Umar is Fellow of Institute of Architect and has contributed to the design and implementation of housing and infrastructure in the country among which are National Assembly in Abuja etc. He has held many positions of honour in various sectors of the economy among which are Non-Executve Director (FINBANK) 2011, Board Chairman (FinHome Ltd) 2011.

 





Mr Olayemi Rabiu
Managing Director / CEO

He has over 20 years post qualification experience in professional Accounting practice, General commerce, Banking and Finance. He is a fellow of Institute of Chartered Accountant of Nigeria (ICAN), Associate of Chartered Institute of Taxation (ACIT) and a graduate of Banking and Finance from University of Lagos, Akoka, Yaba Lagos. He was Audit Manager (A.O. Popoola & Co. Chartered Accountants), Financial Controller of GF Investment Group, General Manager, Ruthstar Limited (Textile Manufacturing Company) and Head of Finance & Administration at Oasis Savings & Loans Limited (Mortgage Bankers). He has attended courses on strategies actualization, Asset and Liabilities Management, Managing small business to fruition and corporate governance organized by LBIC, FITC, Money Market Association of Nigeria etc. He brought these antecedents to strengthen the team of Resort Savings & Loans Plc as Divisional Head, Banking Operation/Chief Finance Officer.

Aliu Oshoke
Executive Director
(Business Development)

He holds PGD in Strategic Management (Stratford College), HND in Business Admin & Mgt from the Federal Polytechnic Oko, Anambra State and a Diploma in Data Processing from the University of Lagos, Akoka. He joined Resort Savings and Loans Ltd from All states Trust Bank Plc where he served in IT Department and Banking Operations for over 14 years. He has over 20 years experience in the Banking business and has attended several courses in IT, Operation, Business Development, Mortgage and asset management.

Kolawole Adesina
Executive Director
(Operation & Finance)

Kolawole Adesina was the Head, Internal Control and Audit. Mr Adesina joined the employees of Resort Savings and Loans in April,2010 as a Deputy Manager.Prior to that,he had held several positions in other organisations which include Internal Auditor(Livestock Feeds Plc),Head Internal Control & Audit and Acting Company Secretary(Omega Savings and Loans Ltd) Mr Adesina is an Associate Member of Institute of Chartered Accountants of Nigeria.He holds a Bachelor of Science degree in Accounting from the University of Lagos.

Chidiebere Ahaotu
Head, Legal and Human Resources

A graduate of Nigeria Premier Indigenous University, University of Nigeria, he was called to the Nigerian Bar in May 2002. An astute Solicitor, with diverse expertise in the area of Corporate, Investment, Property and General Law. Prior to joining Resort Savings and Loans PLC in May 2016, he was principal Counsel in the Law firm of Frank Umesie & Co., a Lagos Based Law Office. He served as Company Secretary of Rosaab International between 2005 to 2008. He was lead counsel to the Advisory Consortium led by BGL Securities that advised the Federal Government of Nigeria on the privatization of Nigerian Unity Line in 2006-7.He has also worked as Senior Counsel in the Law Firm of Johnson & Johnson (International Corporate and Restructuring Advisory Solicitors), Chinotech Limited (One of Nigeria’s foremost Indigenous Oil and Gas Servicing Companies) as Community Liaison Officer. He is a student member of the Chartered Institute of Secretaries and Administrators and also a Member of the NCMG (Negotiation, Conciliation and Mediation Group..

Martha Ochigbo-Ogbu
Ag. Head – Treasury & Investment

Oluyemi Popoola
Head, Risk Management & Recovery

A seasoned banker of eleven years holds a first Degree in Humanities and Masters in Business Administration. Prior to his joining Resort Savings & Loans Plc, he worked with Omega Bank Plc as a Branch Executive (Ibadan) and HT Savings and Loans Ltd as Head, Risk Management and Control. He brought his wealth of experience to Resort Savings and Loans Plc to strengthen the team of the Bank.

Rotimi Omowole
Head, Finance & Operations

Rotimi Omowole is the Head of Finance & Operations. He holds Higher National Diploma in Accountancy and Finance from Yaba College of Technology Lagos. He is also an Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN). Prior to his joining Resort, he has worked in Servicing, Consulting, Auditing and Manufacturing Company as Accountant/Admin Manager and Audit Supervisor. Amongst the companies worked are OruhTrade International (Producer of GO 90 Insecticide), Adesina Bamgbelu & Co.(Chartered Accountants), Continental Transfert Techniques Ltd(CERPAC PROJECT),Five Star Travel Limited and Babs Igbode & Co.(Chartered Accountants) He has over 17years experience that cut across Banking and other sectors. He has attended various trainings.

Theodore Dambo
Head, Information and Communication Technology

Senior IT Consultant with over 19 years project management, banking, investment banking and insurance experience. Extensive background in planning, developing and implementing strategic solutions to support business and corporate objectives. Areas of expertise include programming, networking, system analysis, information security, risk assessment, management, systems auditing, business continuity planning, disaster recovery planning, PKI Infrastructure, IT Operations, and Software Licensing Management and Compliancy .