Sally is a 1986 Law graduate from the University of Lagos with 26 years corporate professional experience in Banking, Manufacturing, and Oil & Gas sectors, with a stint in private and social entrepreneurial practice.
In 1987, She began her career as a pioneer staff in the Treasury department of Abacus Merchant Bank Limited (one of the first indigenous banks in Nigeria) and subsequently joined International Merchant Bank Limited in 1989 where she spent 15 years in Treasury, International Trade, Operations, Loan Recovery, Capital Markets, Shareholder/Investor Relations, Human Capital Management, General Administration and was Chief Foreign Exchange Dealer of the bank before her appointment as Company Secretary/Legal Adviser to the board, the youngest at the time for a publicly quoted company.
Sally managed two Public Offers for the bank that later became IMB Plc and today FCMB Plc.
She actively led 3 restructuring exercises for the bank and propelled its conversion from Merchant to Commercial banking whilst managing the CBN, NSE, SEC and other regulatory authorities.
Having built strong contacts in Government Agencies, Regulatory Authorities and the Public Sector, she rose through the ranks to become Director of Business Development in 2002 in IMB Plc and a non-Executive Director of IMB Morgan Plc (former IMB Securities) whilst still the Company Secretary. She was instrumental to resolving a major shareholder crisis in IMB in 2004 before leaving.
Sally was head-hunted by Lafarge Cement Wapco Nig Plc as Company Secretary & Head of Support Services, the Most Senior Female Executive in Africa at the time, she successfully led a change management exercise whilst also supervising the Communications, Government Affairs, Community Affairs, Legal, Board Secretariat and Administration Departments.
She managed Shareholder/Investor Relations, successfully resolved a shareholders’/management discontent and calmed community agitations for Lafarge whilst stabilizing the operations at the plants.
Sally subsequently managed a Public Offer for Lafarge Cement Wapco Nigeria Plc before her invitation to Coca-Cola Nigeria and Equatorial Africa Division as the Public Affairs and Communication Director for ten countries in Africa.
At Coca Cola, she led the team for the FIFA World Cup trophy tour to Nigeria and worked closely with the Government to secure top level approvals for the company’s growth and product launch initiatives. Sally was also a Director of the American Business Council, a private sector consortium of American-owned companies that proffered solutions to public sector challenges faced by private sector operators. She also managed NAFDAC, SON and the Presidency for Coca Cola.
Sally was then invited to Allied Energy Limited as Group Executive Director Finance and Administration, a company in a joint venture with Nigeria Agip Exploration and Oando. Her scope of work covered the restructuring of the group of companies, in which she streamlined operations, initiated business process re- engineering, and handled strategic planning for the group. She was a Director in Arc Oil & Gas Ltd, Alliance Oil Producing Ltd, and Oceanic Consultants Ltd.
Sally managed DPR, NNPC, PPMC, Oando and Petroleum Ministers of Oil Producing West African countries. She was also the Chairman of the Agip/NAOC/Allied Financial Committee (FINCOM).
Sally arranged an IPO (Initial Public Offering) for Allied Energy in 2008.
In 2009 Sally began to run her own group of companies: TSM Microfinance Bank Ltd, TSM Professional Services (a tax audit firm) whilst veering into Social Entrepreneurship through ‘‘The Sally Mbanefo’’ (TSM) foundation she set up in 2007 on HIV/AIDS, Youth Education and Empowerment.
In 2011, she was appointed for a national assignment as an Executive Director in Keystone Bank Limited to be part of a team to restructure the bank and bring it back to profitability.
On 6th May, 2013, she was appointed for another national assignment as an Director/ General /CEO of the Nations’ apex tourism regulatory agency, Nigerian Tourism Development Corporation.
Sally is a member of The Society for Corporate Governance, Nigeria, a member of The Institute of Directors (IOD), a member of The Chartered Institute of Bankers, and Past Director American Business Council.
She is passionate about charity and Corporate Social Responsibility, and is an avid artist and painter who loves to read, travel and ride horses.