May 27, 2024

RENOWNED NIGERIAN BUSINESSMAN AND BANKING MOGUL

 

Tajudeen Afolabi Adeola is a Nigerian businessman and investor. He is the Founder of Guaranty Trust Bank (GTBank Plc.)., a member of the Commission for Africa, as well as founder and chairman of the FATE Foundation. Born on the 10th of January 1954. Adeola completed his secondary school education at Methodist Boys High School, Lagos. He obtained a Diploma in Accounting from Yaba College of Technology in 1975 and became a Chartered Accountant in 1980 following his training with Deloitte, Haskins and Sells and D.O. Dafinone & Company (both Chartered Accountants). Over the years he has received professional development training at notable institutions worldwide including Harvard Business School, INSEAD, and the International Institute for Management Development in Switzerland.

In 1990, he (together with Tayo Aderinokun) established Guaranty Trust Bank, which he served as Managing Director and Chief Executive Officer from 1990 to July 2002. In 2002, Adeola voluntarily retired from Guaranty Trust Bank, after twelve years, handing over to his deputy, Tayo Aderinokun. Since then he has served as the chairman UTC, ARM, Lotus Capital, Eterna Oil, CardinalStone Partners Limited, Tafsan Breweries (board member), and Credit Registry Services.

 

He is also the chairman of Main One Cable Company Limited which completed the construction of an open access submarine cable system that spanned 14,000 kilometres and provides international and internet connectivity to countries on the Atlantic Coast from Portugal to Lagos in 2010.

He was nationally decorated as Officer of the Order of the Federal Republic (OFR) in December 2002 by President Olusegun Obasanjo. He has an honorary doctorate from Nkumba University, Ntebbe, Uganda. Banker of the Decade in 2009 by the Vanguard Newspaper group. Distinguished Famous Alumni award by Yaba Tech. Zik Leadership in 2003. This Day Awards 2011 – Change Makers in Social Entrepreneurship.

Adeola is married to Hajara, and has six children.

Leave a Reply

Your email address will not be published. Required fields are marked *