Toye Folarin

Toye Folarin has a diverse and extensive work experience spanning multiple industries and roles. Toye began their career as a Senior Auditor at Deloitte West Africa from 2002 to 2004. Folarin then worked at MTN Nigeria as an FP&A Manager from 2004 to 2008, where they were responsible for financial planning and analysis for a multi-billion dollar telecom company.

Toye then joined GE, holding several positions over the years. From 2008 to 2010, Folarin served as the Country Finance Director & CFO for GE Nigeria, overseeing financial reporting, accounting, treasury, and budgeting. Toye achieved savings in security costs and mitigated GE's tax exposure. From 2010 to 2011, they led the Source-to-Pay process and initiative in GE Canada, working with Corporate Sourcing to develop and implement sourcing strategies.

In their role as Senior Finance Manager - Supply Chain from 2011 to 2014, Folarin optimized performance and profitability through supply chain management, project execution, and supplier partnerships at GE. Toye also contributed to cost deflation and trade discount savings for GE Aviation. As Global FP&A Director from 2014 to 2017, Folarin focused on resource planning, restructuring, and productivity initiatives that resulted in significant savings and increased efficiency.

Folarin then moved to Anthem, Inc. as a Staff Vice President Finance from 2019 to 2021. In this role, they collaborated with senior executives, built financial processes, and scaled financial systems for a $10 billion division. Folarin played a crucial role in developing financial processes and systems to support the division's growth.

Currently, Folarin is the Chief Financial Officer at ACS Technologies, where they have already achieved remarkable results such as delivering the best EBITDA in the company's history and significantly improving cash generation from operating activities.

Overall, Toye Folarin has a strong track record of driving financial success, implementing process improvements, and achieving cost savings across various organizations.

Toye Folarin began their education at The Polytechnic Ibadan, where they earned a Higher National Diploma (HND) in Financial Accounting, Management Accounting, Taxation, and Auditing in an unspecified year. They then enrolled at The Institute of Chartered Accountants of Nigeria from 1996 to 2000, where they obtained a degree in Accountancy, Auditing, and Taxation. In 2001, Folarin attended the Association of Chartered Certified Accountants (ACCA) in the United Kingdom, although no duration of study is provided. They completed their education with a Master of Business Administration (MBA) degree in Business Administration and Management from Xavier University, studying from 2016 to 2017. In addition, Folarin obtained a certification from the Association of Chartered Certified Accountants (ACCA United Kingdom) in August 2008.