An Alumnus of Lagos Business School-Pan Atlantic University (AMP), Associate Member of Chartered Insurance Institute of Nigeria, Nigeria Institute of Management and Certified Pension Institute of Nigeria, Certificate of Achievement with Harvard Business School Boston, University of Queensland Australia, and Massachusetts Institute of Technology USA in (Entrepreneurship in Emerging Economies, Becoming an effective leader). Leading Change in Times of Disruption and Mastering Competitive Strategy and Blue Ocean Strategy respectively-Pan African University
He holds a B.Sc. in Medical Microbiology from University of Port Harcourt with post qualification experience of well over twenty [20] years.
Mr. Umunnakwe started his career in the Insurance Sector working in different departments of over three [3] Insurance Companies that spanned over five years across Marine, Underwriting, General Business and Business Development.
He ventured in to banking that spanned for about Six years in Treasury Division of Broad Bank [Now Union Bank Plc] and Citizens Bank Group where he was exposed to Treasury Marketing and Management, Management for Non-Banking Financial Institutions, Credit Analysis, Financial Institutions and Management of stock brokers Accounts. He Left in 2008 from Greenwich Trust Limited an Investment Banking group to Manage an Asset Management Firm (Venerate Capital Limited) as Executive Director and on a leave of absence to re-join the Greenwich Trust Limited Team on a special Re-Engineering project of the Investment Banking Group as Project Director where he was Involved in the conversion of the Investment Banking Firm to getting a Banking License as a Merchant Bank.
In his Investment Banking life, he was involved in the Debt Reconstruction and restructuring of firms in excess of $5M over a 3-year period, Syndicate loan for Real Estate developers, Midwifing of over 10 start ups in the real sector with Venture Capital Funding especially in the health sector which includes Investment funding, process re-engineering of the existing firms under VC eye shot and instituting the winning DNA for a sustainable firm.
Project managed the acquisition, installations, testing and operation of an oxygen gas plant in Lagos. This also included the training and hiring of all the foreign experts from India to manage the plant and hand hold the Nigerian counterpart for an agreed period of 5years.
This project attracted the attention of Bank of Industry and other stake holders in the industry for scale and sustainability. Also, was involved in the project management of developing a cost efficient and community friendly water supply system for the production plants of NBC, NB PLC and 7UP PLC in Enugu State from Ajali river to their various production plant as a joint project over a 3-year period worth more than $4m.
This was done to enhance production capacity of the organizations and improve community relations in the state by the provision of good water supply to the host community. Had a stint in the project management of Luxury apartments in Lagos mainland of 52 units of studio and masonry apartments over a 4year period and they are all doing very well, and clients are happy with the developments. This project spanned through a process of Financial Advisory, Approval acquisition for various right of way, community engagements and negotiations, impact assessment analysis for the profile of the companies and capacity enhancement profiling of the projects.
He is an astute resource person with a strong passion for helping people become Financially Free via Financial Intelligence Network for Asset Acquisition a program that has acquired and developed over 100 apartments in Nigeria and South Africa using a Network of Financial Intelligence People,
He is an alumnus of Lagos Business School (LBS) and visiting Elective Course Lecturer at LBS (Pan Atlantic University) for Advance Management Programme, Owner Managers Programme and Senior Management Programme on Financial Management and Intelligence. Teaching corporate clients like MTN Trade Partners, Interswitch staff on a six-month financial re-engineering mentorship class, Oando Co-operatives, Dynamic Leaders Co-operatives to mention a few.
He has attended many corporate re-structuring/re-engineering courses both locally and internationally.
He is an author of Financial Intelligence book (Kicking the Rat Race.)