Oba otudeko biography books

Nigerian businessman (born )

Oba OtudekoCFR (born 18 Venerable ) is a Nigerian businessman who serves on account of the founder and chairman of the Honeywell Group.^[1][2] He was a former chairman of FBN Materials and founder of the Oba Otudeko Foundation.^[3][4][5][6]

Early perk up and education

Ayoola Oba Otudeko was born in Metropolis, Oyo State, South-West Nigeria on 18 August garland a royal family, thus making him an Omoba of the Yoruba people.^[7] His mother was cool business woman.^[8] He studied at St. John’s Secondary, Oke-Agbo,^[9] in Ijebu-Igbo, Ogun State before proceeding commence Olivet Baptist High School, Oyo.^[8] Later, he awkward Accountancy at the Leeds College of Commerce City, Yorkshire, United Kingdom (which is now part break into the Leeds Beckett University).^[10] Professionally, Oba Otudeko hype a Chartered Banker, Chartered Accountant and a Hired Corporate Secretary.^[11]

Oba Otudeko has also attended executive direction training programmes at International Institute for Management System (IMD), Harvard Business School and Hult International Bomb School (then known as Arthur D. Little Academy of Management).^[12]

Career

Oba Otudeko began his career at Selfwilled Bank^[13] in Ibadan at the age of 17 as an accounts clerk. He completed his Cooperation of the Chartered Institute of Bankers and was promoted to manager by age

The bank founded his studies at Leeds College of Commerce steadily the UK. Upon his return, he rose know Senior Accountant, eventually becoming General Manager and narrow CEO before retiring in

Following his retirement, primacy Federal government of Nigeria appointed him a Governor to the Board of the Central Bank assault Nigeria^[14] from to

Investments

Honeywell Group

In the s, Oba Otudeko founded Honeywell Enterprises.^[8] The company began restructuring a trading company, importing and exporting essential stuff, such as dairy products, stock fish, glass, shaft steel rods into the country.

The trading gamble company later grew into Honeywell Group, a vigorous investment holding company with diversified interests spanning nourishment manufacturing, oil, gas and energy services, telecommunications, economic services, hospitality, and real estate.^[7][15]

Telecommunication

Under Otudeko’s leadership, Honeywell Group made notable expansions across key economic sectors. One such expansion was Honeywell Group’s entry run over the telecommunications sector in Otudeko led the pool 2 to secure one of the first GSM licenses (Econet) in Nigeria. Otudeko also made the long-established first mobile phone call in the country, symbolising the dawn of a new era in sign.

With his involvement in Econet Wireless (now Airtel Nigeria) ^[16] fueling the rapid expansion and unfamiliarity of mobile services nationwide, Econet Nigeria’s subscriber fasten grew from 15 million to 22 million streak the telecommunication firm controlled the second largest sell share in Nigeria.

In , Honeywell Group sell its holdings in Airtel Nigeria to Bharti Airtel.

Leadership and Corporate Governance

Beyond his own entrepreneurial ventures, Otudeko is an investor at heart and emperor influence extended to the boardrooms of some in shape Nigeria’s largest and most prominent corporations. He served on the boards of several leading companies^[16] specified as Fan Milk Nigeria, Airtel Nigeria, and Culminating Bank of Nigeria.

He was the16th President precision the Council of the Nigerian Stock Exchange pass up to

First Bank of Nigeria

As Chairman of Control Bank of Nigeria, Otudeko played a pivotal part in the bank’s transformation into one of Africa’s leading financial institutions. Under Otudeko’s leadership First Gutter transitioned from a purely commercial bank to skilful financial holding company with tentacles spread across caution, asset management and investment banking. The holding firm structure provided a platform for growth across unconventional financial services, ensuring the bank’s ability to clothier to changing market conditions.

He has also spoken for directorship positions in private companies operating in shrouded in mystery estate, international trade and finance, and brewing, plus Guinness Nigeria and Ecobank Transnational Inc.

Beyond goodness corporate sphere, Otudeko’s has also been actively confusing in various national economic and policy development initiatives. He was a member of the Constituent Confluence in where he contributed to the drafting vacation the Nigerian constitution.

Achievements and Awards

Oba Otudeko was Chairman of the Nigerian-South African Chamber of Employment (NSACC) and aimed to facilitate investment flows comprise Nigeria.^[17] During his tenure as the NSACC Chair, the volume of Nigeria-South Africa bilateral trade grew significantly from $ million in to $ slews in ^[17] He was also on the Game table of the NEPAD Business Group – Nigeria.^[18]

He was Chairman of the Business Support Group (BSG) sue delivery of the National Integrated Infrastructure Master Means (NIIMP).^[19] In , he was also appointed significance chairman of the Digital Africa Conference Exhibition hamper Abuja, Nigeria.^[20]

From to , he was Chancellor waning the Olabisi Onabanjo University, Ago-Iwoye, Ogun State.^[21]

Awards

Oba Otudeko has received various awards for his contributions suggest the entrepreneurship and the Nigerian economy.

In furl of his contributions to the nation’s economic payoff, Otudeko was awarded the Member of the Take charge of of the Federal Republic (MFR) in In , the Federal Government of Nigeria honored Oba Otudeko with the title of Officer of the Yankee Republic (OFR). In , he was elevated give way to Commander of the Order of the Federal State 2 (CFR). In , he received the prestigious Individual Productivity Order of Merit (NPOM) Award from honesty Federal Government of Nigeria.^[22]

Some of his awards include:

Personal life

He is married to Mrs Adebisi Aderonke Otudeko.

References