The City of Amarillo (COA) has named Omolola (“Lola”) Ogunremi as chief financial officer (CFO). Ogunremi was announced Tuesday as CFO during the regular meeting of city council. Her tentative start date is early April.
“Following a competitive and thorough search that included a wide array of exceptional candidates, we are pleased to announce Lola Ogunremi as chief financial officer for the City of Amarillo,” said COA City Manager Grayson Path. “This is a vitally important position for the city. Lola has a strong and extensive professional background that fulfills the requirements of having deep expertise in municipal finance, long‑range financial planning, debt management and the ability to communicate complex financial information clearly to elected officials, staff and the public. We are excited to welcome Lola Ogunremi to Amarillo.”
Ogunremi, Ph.D., comes to Amarillo from Bowie, Md., where she served as assistant finance director, overseeing the city’s annual operating and capital budget. She has more than 18 years of experience in financial management, business consulting, economic research and accounting. Ogunremi holds a Ph.D. in economics from Howard University, an MBA in computer information systems from Baruch College and a BS in accounting from Brooklyn College. She is also a licensed certified public accountant. As chief financial officer for COA, Ogunremi will oversee a city budget of approximately $557 million and a full-service organization of more than 2,500 employees. The CFO leads the Finance Department in promoting and maintaining excellence and efficiency in accounting, budgeting and reporting functions.
