CardinalStone Real Assets Limited, a prominent asset management firm specializing in real estate and infrastructure development, has announced the appointment of Laolu Alabi as its new executive director. Laolu’s extensive experience in strategic fundraising and management across diverse global markets is expected to significantly bolster the firm’s operations. The leadership team at CardinalStone Real Assets expressed enthusiasm over this appointment, highlighting the valuable expertise Laolu brings to the table. As the firm continues its commitment to excellence in real estate, Laolu’s role is anticipated to play a crucial part in the company’s future endeavors.
Mohammed Garuba, the Chief Executive of CardinalStone Real Assets, publicly welcomed Laolu to the team, emphasizing the board’s excitement about his arrival. Garuba acknowledged Laolu’s exceptional skill set and extensive background, which aligns with the firm’s ambition to drive innovation and performance in the real estate sector. His insight into markets and funding strategies positions CardinalStone Real Assets favorably as it seeks to navigate the complexities of real estate investment and management amidst a dynamic financial landscape. The management’s confidence in Laolu’s capabilities suggests a proactive approach to enhancing the firm’s market presence.
In taking up his new role, Laolu Alabi expressed his appreciation for the opportunity and his eagerness to work alongside the talented team at CardinalStone. His statement reflects a strong commitment to not only uphold but also to advance the company’s strategic vision. This collaborative spirit is poised to facilitate potential breakthroughs in how the firm engages with its investment portfolio and clients. By leveraging his skills, Laolu aims to contribute meaningfully to the strategic direction of CardinalStone Real Assets, emphasizing growth and efficiency in operations.
Prior to this new venture, Laolu served as the head of the real estate division at African Capital Alliance. There, he was instrumental as the fund manager for the $165 million Capital Alliance Property Investment Company opportunistic fund. By spearheading the fund’s investment strategies and asset management, Laolu played a pivotal role in generating value and optimizing performance. His experience in managing substantial financial resources indicates robust capabilities in overseeing large-scale investments—an asset that is likely to influence CardinalStone’s fund management strategy positively.
Laolu’s professional journey has been marked by crucial contributions to various investment platforms. For instance, during his tenure at Silk Invest Limited as an associate investment director, he successfully raised funds for the Silk Invest Africa Food Private Equity Fund, where he focused on investments in critical food chain enterprises across developing markets, including Egypt, Ethiopia, and Nigeria. This experience underscores his global perspective on investment opportunities and risk management, providing him with a comprehensive understanding of market dynamics—an essential trait for the real estate investment landscape that CardinalStone navigates.
Beyond his hands-on management experience, Laolu also has a solid academic foundation that supports his professional endeavors. He holds a bachelor’s degree in Banking and Finance from the University of Lagos and a master’s degree from the Cranfield School of Management in the UK. Additionally, Laolu is a Fellow Chartered Certified Accountant, showcasing his dedication to continued professional development. This combination of practical experience and academic achievement positions him as a significant asset in driving CardinalStone Real Assets toward achieving its long-term goals in real estate investment and management. The firm is well-poised to redefine approaches in its market sector with Laolu on board.
