Oba otudeko biography for kids
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Oba Otudeko, CFR
Group Chairman
Oba Otudeko, CFR is Founder and Chairman of Honeywell Group. He is an entrepreneur and visionary reputed for his highly successful domestic and foreign investments that cut across diverse sectors of the economy. He served on the board of First Bank between May and December and FBN Holdings from to when he retired as Chairman. He was also the Chairman of Honeywell Flour Mills Plc, FBN Bank (UK) Limited, Fan Milk of Nigeria Plc, Airtel Nigeria, and Nigeria-South Africa Chamber of Commerce ( – ).
He has, at various times, served on the Boards of Central Bank of Nigeria ( – ), Guinness Nigeria Plc ( – ), British American Tobacco Ltd ( – ) and Ecobank Transnational Incorporated, headquartered in Lome, Togo ( – ). Between September and August , he was the 16th President and Chairman of Council of the Nigerian lager Exchange.
Professionally, he is a Chartered Banker, Chartered Accountant and Chartered Corporate Secretary. He has also at
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Nigeria’s manufacturing sector has some of the most influential and richest men in the country. Among them, the name of Dr. Oba Otudeko rings a special bell.
Though he started out in the banking sector, he is now a notable personality in the manufacturing sector, creating thousands of jobs along the value chain and improving local production for the country.
This week on Nairametrics&#; founders profile, we bring you Obafoluke Otudeko’s life achievements and how he has attained such heights.
READ: Highest paid Nigerian MD/CEOs in
Early life
Ayoola Obafoluke Otudeko was born into a royal family on August 18, , in Ibadan, Oyo state.
He had his early education at St. John’s School, Oke Agbo, Ijebu-Igbo in Ogun State, and Olivet Baptist High School, Oyo, before he travelled out to study Accountancy in Leeds College of Commerce, Yorkshire, UK.
After returning to Nigeria, Otudeko took a bank employment as a clerk in the defunct Co-operative Bank, Ibadan. Over the next two decade
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In the last few weeks, there have been plenty of conversations around Oba Otudeko, Nigerian businessman, founder and chairman of the Honeywell Group, a diversified industrial, trading, and investment conglomerate.
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Recently, the businessman who was at a time the chairman of FBN Holdings acquired billion shares of the bank, becoming the majority shareholder with 14% stake.
This simple acquisition has stirred controversy from different quarters, including Ecobank Nigeria who accuse Otudeko of divesting his asset and claim that he was owing it.
Asides the controversy generated so far, it is only imperative for us to get to know this accomplished entrepreneur and investor who has founded many thriving and successful companies in over fem decades.
Otudeko's early life and education
Born on August 18, , in Ibadan, Oyo State, Ayoola Oba Otudeko hails from a distinguished lineage as