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Demola Aladekomo – Biography And Life Of Nigerian Technology Expert

Demola Aladekomo

Demola Aladekomo is a Nigerian entrepreneur, ICT expert, and philanthropist. He is one of the brains behind the success of the first e-payment platform in Nigeria.

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Demola Aladekomo Background

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

Demola Aladekomo  (Ademola Benjamin Aladekomo) was born on the 31st of December, 1957. He has a Bachelor’s degree in Computer Engineering from Obafemi Awolowo University and an MBA in Operations Research from the University of Lagos (UNILAG). Demola was part of the first Chief Executive Programme at the Lagos Business School (LBS). He is married to Titi Aladekomo and they are blessed with four children.

Early Career of Demola Aladekomo

Demola founded Chams Limited immediately he finished his MBA programme in 1985 which was the first  indigenous computer maintenance company in Nigeria.

Over the years, Ademola grew Chams to Nigeria’s leading provider of integrated identity management system and verification platform. In 2008, Chams  evolved from a privately owned company to a public liability company and was listed on Nigerian Stock Exchange with six subsidiaries.

Chams Plc has developed many new technologies for the government, financial institutions and corporate organisations. The company’s services cover biometric solution platforms, card payment systems, mobile payments, ATM sales and support, identity management and business processing services. The parent company, Chams Plc focuses on identity management while its subsidiaries are in charge of the technology and transaction segments.

Demola Aladekomo through Chams Plc led the implementation of the Bank Verification Number project  initiated by the Central Bank of Nigeria (CBN) and the Banker’s Committee in 2014. After 30 years of service, Demola retired as the Group Managing Director of Chams Plc handing over to Olufemi Williams.

Chams Plc Subsidiaries and their Services

  • ChamsAccess Limited: Provides technology solutions, servicing organisations nationally.
  • ChamsSwitch Limited: Provides electronic payment switch services for payment transaction.
  • ChamsCity: Responsible for business process outsourcing.
  • CardCentre Limited: Provides smart card solutions for various applications.
  • Paymaster Limited: Payment Terminal Service provider


In 1992, Demola Aladekomo founded Volunteer Corps, a non-government organisation that offers free intensive coaching classes and mentoring to public schools in Nigeria through volunteer tutors. His mission is to improve the standard of education in Nigerian public schools. He also founded DATA foundation which is committed to improving lives in Nigeria by awarding scholarships to students in public school.

Boards where Demola Aladekomo Serves

Demola served as the president of the Lagos Business School Alumni Association (LBSAA) in 2012 – 2014 and also president of the Nigerian Computer Society in 2012.  He is a Fellow of the Computer Professional Registration Council (FCPN), a Fellow of the Nigeria Computer Society (FNCS) and a member of the Nigerian Society of Engineers (NSE). Demola also served as the Vice Chairman of the Board of Trustees of SmartCard Society of Nigeria. He is the chairman, board of trustee for Volunteer Corps.

Demola is a Council Member, Osun State University and Board Member, Osun State University Advancement Board,  Board Member, Obafemi Awolowo University (OAUTECHEXCEL), the Foundation implementing knowledge park at the university.

Awards and Recognitions of Demola Aladekomo and His Company

  • ICT Company of the year by National ICT Merit Awards                                                                                2008
  • Total Solution Company of the year by National ICT Merit Awards                                                              2008
  • Datacard Presidential Awards, Canada                                                                                                        2008
  • ICT Brand of the Year by Financial Standard Newspaper                                                                               2008
  • TIGA organized by the Economic Commission for Africa                                                                              2008
  • ICT Company of the Year by Leadership Awards, Nigeria                                                          2008-2010, 2012
  • CICAN Crystal of Excellence Awards                                                                                                           2009                                 Recognition Award by LIFETIME Achievement                                                                                              2013
  • Great Ife Alumni Awards for Excellence in Entrepreneurship Category                                                      2014
  • Top 25 CEOs Awards                                                                                                                                 2015.
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