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Boss Of The Week

Fola Adeola: Celebrating a Banking Genius at 70

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By Eric Elezuo

In his congratulatory message on January 10, 2024, President Bola Tinubu described ebullient banker, Fola Adeola, as a great asset to Nigeria, and indeed the co-founder of one of Nigeria’s greatest banks, Guaranty Trust Bank (GTB), now Guaranty Trust Holding Company ( GTCO), is an asset of great importance.

In the words of the president as presented by presidential spokesperson, Ajuri Ngelale, Adeola is most reputed for promoting initiatives for the economic advancement of Nigeria.

Ngelale said, “President Tinubu felicitates Mr. Adeola for reaching the milestone age and for his numerous contributions to the Nigerian business ecosystem by creating jobs, opening up investment opportunities across sectors, as well as promoting initiatives for the economic advancement of Nigeria.

“The President extols the brilliance, integrity, courage, and patriotism of the founder of one of Nigeria’s leading banks, describing him as a great asset to the nation.”

Adeola, for the benefit of hindsight, is Tinubu’s long-time friend and foremost business leader. Both has had their time in political alliance, having weathered the storm together in the now defunct Action Congress of Nigeria (ACN) where he was the party’s presidential running mate in 2011.

Born Tajudeen Afolabi Adeola on January 10, 1954, the accomplished businessman and investor had fulfilled every career promise he made posterity, met every target presented before him and excelled in every known facet of endeavour. He is a member of the Commission for Africa, as well as founder and chairman of the FATE Foundation

Adeola attended Yaba College of Technology, where he obtained his HND in Accountancy. He also received degrees from the London School of Accountancy, the International Institute for Management Development, the Lagos Business School and the Harvard Business School.

He completed his secondary school education at Methodist Boys High School, Lagos before attending the Yaba College of Technology, where he obtained a Diploma in Accounting 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 1999, he completed a one-year sabbatical at the National Institute for Policy and Strategic Studies in Kuru, Jos, Nigeria, where he carried out research on economic development and job creation policies.

Before co-founding GTB Plc in 1990 with his long time friend, Tayo Aderinokun, Adeola was the Deputy General Manager and Divisional Head of the Financial Services Division of the Continental Merchant Bank Limited. He served in this capacity between 1986 and 1990.

At the establishment of GTB, he served as its Managing Director and Chief Executive Officer from 1990 to July 2002. His stewardship at the bank saw the bank expanding its tentacles beyond Nigeria to other neighbouring African countries  including The Gambia, Sierra Leone, Ghana and Liberia, and in the United Kingdom. Under his watch, the bank became listed on the Nigerian Stock Exchange in 1996, just six years after it was founded.

In 2002, when he voluntarily retired from GTB, after twelve meritorious years, he handed over to his deputy and co-founder, Tayo Aderinokun, and dabbled into more private and personal ventures.

Since then he has served as the chairman UTC, ARM, Lotus Capital, Eterna Oil, Cardinal Stone 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.

The financial expert also had stints with the public sector, serving as Chairman of the National Pension Commission as well as the Lagos State Disaster Relief Committee set up following the January 27, 2002, Lagos armoury explosion.

As earlier stated, he was the Vice-Presidential candidate of the Action Congress of Nigeria, serving as running mate to former chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu, in the 2011 presidential elections. Adeola is also the founder and chairman of the FATE Foundation and a member of the Commission for Africa.

While serving as Chairman of the National Pension Commission, he principally authored the promulgation into law of the Pension Bill, by the National Assembly of Nigeria.

Adeola was also a member of the National Honours and Awards Committee and was appointed a member of the Governing Council of Lagos State University in November 2004. He served as a member of the Solid Minerals Committee (constituted by the Federal Government) and was the Chairman of Ogun State Development Trust Fund Committee. He was a council member of Lagos State University and until January 17, 2011, served as a council member of the Olabisi Onabanjo University.

In his years of active public and private service, Adeola remained in the forefront of achievements, carting away one honour or award after another.

In December 2002, he was decorated with the national honour of Officer of the Order of the Federal Republic (OFR) by President Olusegun Obasanjo. He also boast of an honorary doctorate from the Nkumba University, Ntebbe, Uganda, and bagged the Banker of the Decade award in 2009 by the Vanguard Newspaper group.

The investor served as a member of the Global Advisory Committee on Philanthropy of the World Economic Forum for four years. In 2001, he was invited to join twenty-four other business leaders for the Aspen Institute ISIB Annual Business Leaders Dialogue in Aspen, Colorado, and in May 2004, he was appointed Commissioner on the Commission for Africa by the British Prime Minister Tony Blair.

He is a recipient of the Distinguished Famous Alumni award by Yaba Tech, the Zik Leadership in 2003. Adeola has also won the ThisDay Awards in 2011 for Change Makers in Social Entrepreneurship.

He was a Council member, and is Fellow of the Institute of Chartered Accountants of Nigeria, and also a Fellow of the Institute of Directors of Nigeria.

Adeola’s numerous achievements in the career front are replicated on the home front as he is hsppily married to Hajara, and they are blessed with six children.

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Boss Of The Week

Emeka Anyaoku: Revered Global Diplomat Revels at 92

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By Eric Elezuo

…from all we now know of Mr. Anyaoku, it is obvious that he was destined to be a diplomat, because he had all the makings – intelligence, friendliness, the ability to get things without offending anybody – S.I. Metu

Among the world’s very and highly respected diplomats is Nigeria’s diploma extraordinaire, Chief Emeka Anyaoku. His larger than life figure is further buttressed as he slides two more years into the nonagerian cadre. The world raises a toast to an accomplished and dedicated international figure as he celebrates 92 years of continuous impact in world politics and humanitarian endeavours.

Chief Anyaoku, before, during and after his glorious days with the Commonwealth of Nations as its Executive Secretary, has remained in the forefront of policy makers, image changers and global builders, and he is a few of these calibre of men, who do not have any kind of scandal trailing them. He qualifies as an enigma, and served as the third Commonwealth Secretary-General.

With his signature red cap, a white collar-like attire round his neck, supporting every apparel he wears, Anyaoku is very visible in every gathering and occasion.

A multiple award and honours winner, including the prestigious GCON, GCVO, CFR, CON, Anyaoku was born Eleazar Chukwuemeka Anyaoku, of Igbo parents and heritage, Emmanuel and Cecilia Anyaoku, on January 18, 1933, in Obosi, in the present day Anambra State. He was educated at Merchants of Light School, Oba, and attended the University College of Ibadan, then a college of the University of London, from where he obtained an honours degree in Classics as a College Scholar. Aside from his international career, Anyaoku finds ample time to fulfill the duties of his office as Ichie Adazie of Obosi, traditional Ndichie chieftainship. He is the first of his mother’s children, and had five other siblings.

At the age of seven, the young Emeka was sent to live with his father’s only brother, Egwuenu Anyaoku, at Umuahia to start schooling in a very rural school. At 10, in 1943, he was sent to stay with his father’s cousin, Nathaniel Enwezor who was Headmaster at CMS Central School at Agbor.At Merchants of Light School (MOLS), Oba, where he had his secondary education, he learnt the importance of hard work, good character and good inter-personal relations. Records have it that he was outstanding, smart and brilliant. He also showed particular signs of leadership qualities during his young age.

Wikipedia further captured his trajectory as follows:

After his secondary education, Anyaoku in 1952 proceeded to teach at Emmanuel College, Owerri in the then Eastern Region, he was there until mid-1954 lecturing in mathematics, Latin and English. He was reputedly an assiduous young teacher, meticulous in preparing his lesson notes. He gave back to his students the best of what he had learned at MOLS while injecting humor into his teachings.

One of his teachers at MOLS had kindled in him an interest in the Classics. His Latin teacher had inspired in him a love for the languages, laws and culture of the ancient Greeks and Romans, and the classical roots of the English language. Anyaoku then decided to go and study Classics at the new University College of Ibadan, the premier higher institution of its kind in the country, which had been instituted in 1948 as an overseas college of the University of London.

During the mid-1950s when Anyaoku was an undergraduate at the University College, Ibadan, the Nigerian nation was embroiled in debates, discussions and demonstrations on the political future of the country. There were controversies on when Nigeria should gain independence from Britain and with what political structure it should seek independence whether as a unitary or federal state. The city of Ibadan was one of the main epicenters of these debates. And the University College, which had brought together brilliant students, lecturers and politicians from diverse parts of the country, became a centre of what was then described as national radicalism.

Anyaoku was in the thick of this as a student union leader. He along with like-minds in the union leadership campaigned in favour of unitary state, against federalism. They sent petitions and delegations to the three foremost political leaders in the country then, Dr. Nnamdi Azikiwe in the Eastern region of the country, Chief Obafemi Awolowo in the Western, and Sardauna of Sokoto, Sir Ahmadu Bello in the Northern region.

Anyaoku in 1959 obtained a London University Honours Degree in classics as a college scholar and joined the Commonwealth Development Corporation (CDC) in Lagos. The corporation sent him as an Executive Trainee to the CDC headquarters in London from where he went on a course at the Royal Institute for Public Administration in London. On 1 October 1960, Nigeria was granted independence by Britain. And Anyaoku was posted back to the CDC West Africa regional office in Lagos at the end of December 1960.

In December 1961, Anyaoku then a CDC Executive Officer came in contact with a twenty year old Yoruba lady, Princess Ebunola Olubunmi Solanke, at a bachelor’s eve party which he and his flatmate hosted for a friend of theirs in Lagos. The princess, familiarly known by the diminutive “Bunmi”, was educated in England at a Christian girls boarding school, St. Mary’s School at Hastings. She thereafter attended Pitman College, London. Emeka and Bunmi were married at the Anglican Cathedral Church in Lagos on 10 November 1962.
In 1959, Emeka Anyaoku joined the Commonwealth Development Corporation. In early 1962, Anyaoku came in contact with the then Prime Minister of Nigeria, Sir Abubakar Tafawa Belewa. He had accompanied his visiting boss, Lord Howick, Chairman of the Commonwealth Development Corporation, to a meeting with the Prime Minister on the activities of the corporation in Nigeria and the West African region. The Prime Minister, impressed by Anyaoku’s answers to some of his questions on the projects supported by the CDC in West Africa, took an interest in Anyaoku’s future and persuaded him to consider joining the Nigerian Foreign Service. After a grueling interview by the Federal Civil Service Commission, he was offered an appointment in the Foreign Service in April 1962. Within a month of his entry, he was appointed Personal Assistant to the Permanent Secretary of the Ministry for External Affairs. There he was closely involved in the process that led to the establishment of the Organisation for African Unity (OAU) in May 1963. Following Nigeria’s independence, he joined Nigeria’s diplomatic service, and in 1963 was posted to its Permanent Mission to the United Nations in New York.In 1966, he joined the Commonwealth Secretariat as Assistant Director of International Affairs. In 1968-69 there was a campaign by the Nigerian military government for the recall of Anyaoku; which said he was not a suitable Nigerian nominee, and they were anxious about his loyalty “to the country of his birth”. But “Emeka had resigned from the Nigerian Foreign Service and Arnold had no difficulty in turning aside the demand”.

In 1977, the Commonwealth Heads of Government elected him as Deputy Secretary-General. In 1983, Nigeria’s civilian government appointed Anyaoku to become Nigeria’s Foreign Minister. After the overthrow of the government by the military later that year, he returned to his position as Deputy Secretary-General with the support of the new government in Nigeria and the endorsement of all Commonwealth governments.

At the Commonwealth Heads of Government Meeting at Kuala Lumpur on 24 October 1989, Anyaoku was elected the third Commonwealth Secretary-General. He was re-elected at the 1993 CHOGM in Limassol for a second five-year term, beginning on 1 April 1995.

Chief Emeka Anyaoku has lived up to expectations, and merit the positive tags that trail him the world over.

We wish the seasoned diplomat a glorious 92nd birthday, and many more years to follow, looking magnificently young in health and wealth.

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Boss Of The Week

A Close Up on Ghana’s New Vice President, Jane Opoku Agyemang

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By Eric Elezuo
The return of Dr. John Dramani Mahama as the President of Ghana on January 7, 2025 after a resounding victory at the polls on December 7, 2024, set the stage for the emergence the country’s first female Vice President and the West Africa Sub-region’s second, in the person of Mrs Naana Jane Opoku-Agyemang. Mrs. Jewel Howard-Taylor of Liberia, who left office recently, is West Africa’s first female Vice President. 
Before running the presidential race with Dr Mahama, Opoku-Agyemang has distinguished herself as a seasoned administrator, high profile academia, politician of repute and prolific manager of men and materials. Those had given her a bragging right, and placed her on top mention for Mahama’s choice of running mate, and presently, the vice president of one of West Africa’s most recognised country.
Undaunted, Opoku-Agyemang had overcome the disappointment of the December 2020 presidential race, which she ran with her principal, and lost, to try again in 2024, and won on the same NDC party ticket. She is a highly persistent woman, who is desirous of achieving the best for her country.She is deservedly celebrated for breaking barriers, and achieving historic milestones in Ghanaian academia and politics.

The Wikipedia captured her trajectory as follows:

An ethnic Fante, Opoku-Agyemang was born on 22 November 1951 in Cape Coast, Ghana as Jane Naana Sam. She attended Anglican Girls’ School at Koforidua and Aburi Presby Girls’ School. She then had her secondary education at the Wesley Girls High School in Cape Coast from 1964 to 1971. She completed B.Ed.(Hons) in English and French at the University of Cape Coast in 1977. She earned a Diploma in Advanced Studies in French from the University of Dakar and obtained her master’s degree and Doctorate degrees from YorkUniversity in Toronto, Ontario, Canada in 1980 and 1986 respectively.
Opoku-Agyemang taught and worked at the University of Cape Coast, starting in 1986. She has held various academic positions including: Head of the Department of English, Dean of the Faculty of Arts, Warden of Adehye Hall, Valco Trust Fund Post-Graduate Hostel, and the Founding Dean of School of Graduate Studies and Research. From 1997, she has held the position of Academic Director of the School for International Training in the History and Cultures of the African Diaspora. From 2008 to 2012 she was the university’s Vice Chancellor. She assumed duty on 1 October 2008, succeeding Emmanuel Addow-Obeng.In March 2007, she was one of five scholars selected to deliver presentations during the 200th Anniversary of the Abolition of Slavery at the United Nations Headquarters in New York City.

In October 2009, she was elected Ghana’s representative to the executive board of the United Nations Educational, Scientific and Cultural Organisation (UNESCO).

Ahead of the 2012 general elections, Jane Opoku Agyemang moderated the debate with Kojo Oppong Nkrumah.

On 26 October 2018, she became Chancellor of the Women’s University in Africa located in Zimbabwe.

She has served on many local and international boards and committees such as the Centre for Democratic Governance, (CDD-Ghana), the editorial board of the Harriet Tubman Series on the African Diaspora (Africa World Press Inc. USA), the Africa Initiative in Canada, and the College of Physicians and Surgeons as an Eminent Citizen.

Opoku-Agyemang is an author. Her focus areas includes Literature with a focus on Women from Ghana, Oral literature in Ghana and Africa, Communication Skills and Issues in the African Diaspora. As an academic she has written and published in scholarly journals and presented articles at various conferences including at the 200th Anniversary of the Abolition of Slavery at the United Nations Headquarters in New York City and at the Inaugural Lecture to the Ghana Academy of Arts and Sciences.

In 2015, as Education Minister, she published and launched a five volumes collection of published folktales titled ‘Who told the most incredible story?”’

Between February 2013 and January 2017 she served as the Minister of Education after she was appointed by President John Mahama to serve in that role after the National Democratic Congress had won the 2012 Ghanaian general election.During her tenure, she spearheaded several transformative reforms aimed at improving the quality, inclusivity, and accessibility of education across the country. One of her significant achievements was the introduction of the Inclusive Education Policy in 2015. This landmark policy aimed to ensure that children with special needs could access quality education alongside their peers, promoting equal opportunities and inclusivity in Ghana’s education system.

A key focus area during her tenure was empowering girls and advocating for gender equity in education. Her leadership drove the implementation of policies that tackled gender disparities, promoted higher female enrolment and retention rates, and empowered girls through education. Her initiatives played a pivotal role in creating more inclusive opportunities for young women across Ghana.

Additionally, she led the conversion of 10 polytechnics across the regions into technical universities, a bold initiative that elevated the status of these institutions, broadening their academic scope and enhancing vocational education. This reform was instrumental in aligning Ghana’s educational framework with global trends, equipping students with practical skills for a competitive job market.

During her tenure, Opoku-Agyemang initiated the construction of 124 Community Day Senior High Schools, known as “E-Blocks,” to improve access to secondary education in underserved areas. By the end of her term, 50 schools were completed and operational, providing modern facilities such as science laboratories, libraries, and ICT centres. This initiative significantly expanded educational opportunities, particularly in rural and peri-urban communities, and underscored her commitment to addressing disparities in access to quality education.

Opoku-Agyemang oversaw the completion of key infrastructure at the University of Health and Allied Sciences (UHAS) in Ho, including the School of Basic and Biomedical Sciences, a hostel block, and staff accommodation at its Sokode campus. The university was inaugurated by President John Dramani Mahama in November 2015, underscoring the government’s commitment to expanding access to quality higher education and supporting the training of health professionals to address national healthcare needs.

She also played a critical role in establishing the University of Environment and Sustainable Development (UESD) in the Eastern Region. She facilitated the passage of the enabling Bill in Parliament and secured funding for the university. In December 2016, President John Mahama officially cut the sod for the construction of the UESD’s Somanya campus.

Vice presidential campaign

Opoku-Agyemang was selected as the presidential running mate for the National Democratic Congress (NDC) on 6 July 2020 for Ghana’s December 2020 General elections. She became the first female running mate of the two major political parties in Ghana. Her selection by the flagbearer, John Dramani Mahama of the National Democratic Congress was applauded by women groups and women activists as a positive sign to the Ghanaian political scene to promote gender balance and equality.

She appealed to Ghanaians to vote for change and promised to use her office as vice president to influence sustainable development and practical youth-centred policies. Her campaign message was devoid of attacks on opponents. Her intensive campaign in the coastal communities and her home region, the Central Region yielded results as the NDC won most of the constituencies they had lost in 2016. The NDC also won 9 out of the 16 regions in Ghana including the major battleground, Greater Accra.

The NDC National Executive Committee, on 7 March 2024, officially endorsed Opoku-Agyemang again as the running mate for the party’s flagbearer, ahead of the 2024 general elections.

Opoku-Agyemang became the vice president–elect after Mahama won the 2024 presidential election.

On 7 January 2025, Opoku-Agyemang was sworn in as the Vice President of Ghana, becoming the first female to hold the office. The ceremony took place at Independence Square in Accra, where she took the Oath of Allegiance and the Vice President’s Oath before Chief Justice Gertrude Torkornoo. Her appointment marked a significant moment in Ghana’s political history, as she became the first woman to assume the role of Vice President in the country’s history.

Opoku-Agyemang is a Fellow of the Ghana Academy of Arts and Sciences, University Teachers Association of Ghana, English Studies Association, African Studies Association, United States, African Literature Association, United States and International Fulbright Scholars Association, Commonwealth of Learning amongst others.
Opoku Agyemang is a Christian who worships as a Methodist.She was married to fellow academic, Edmund Opoku-Agyemang and together they have three children, Kweku Opoku-Agyemang, Kwabena Opoku-Agyemang and Maame Adwoa Opoku-Agyemang. She also has two grandchildren.

Opoku-Agyemang has been honoured with honorary degrees from the University of the West Indies and Winston-Salem University. She has also received an award for Global leadership from the University of South Florida in Tampa. She received the Officer of the Order of the Volta award for Academic Distinction in 2011 by President John Atta Mills and Ghana Women of Excellence Award in the Education category due her contribution to the development and promotion of quality education in Ghana. She was acknowledged for Outstanding Performance in Advancing International Education, School for International Training, Vermont, USA on two occasions.

In 2020, she was named among the 40 Most Inspirational Female Leaders in Ghana for serving as a role model for women in Ghana and in Africa. In January 2023, she was listed among the 100 most reputable Africans.

It is believed that her antecedents and wholesale performances in all the offices she had previously held, will come to bear as she studiously assists Mahama to reignite the 24hour economy he is known for.

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Boss Of The Week

The Real Slay Queen: Meet UniAbuja’s New VC, Aisha Maikudi

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By Eric Elezuo

The academic environment, or to be more specific, the ivory tower, thrives on quality, capacity, intelligence and ability to think out of the box. It is further complicated when to become a vice Chancellor, one has to be above board, be the ultimate cetris paribus and have the never-say-never attitude to get things done.

These are the qualities, and more that propelled 41-year-old Professor of International Law, at the University of Abuja, Professor Aisha Sani Maikudi, to the height of administration head of the institution as the Vice Chancellor.

Just into her fourth decade as a human being, Aisha has come of age, smashing the proverbial glass ceiling, and hitting stardom where it was least expected. She is the real slay queen, endowed with beauty, brains and absolute intelligence.

A profile of her personality published on the university site, noted that for her to assume the incumbency of the University administration, Aisha has arrived, seen and conquered, creating room of encouragement, inspiration and desire among the young ones, especially the female folks, who look up to her. She is an enigma.

The profile reads as follows:

Professor Aisha Sani Maikudi, a distinguished scholar and professor of International Law at the University of Abuja is from Katsina State, Nigeria. She began her educational journey at Sacred Heart School, Kaduna, where she obtained her First School Leaving Certificate (FSLC) in 1993. She proceeded to Queens College, Yaba, Lagos, earning her West African Senior School Certificate Examination (WASSCE) in 1999, her LLB degree from the University of Reading, UK, the LLM from the London School of Economics, UK, BL from the Nigeria Law School, Abuja and Ph.D from the University of Abuja, Nigeria.

Maikudi’s academic excellence took her to the University of Reading, where she earned an LLB in 2004. She further specialised in Public International Law, obtaining an LLM from the London School of Economics and Political Science in 2005. After completing her legal education at the Nigerian Law School (2006–2007). In 2007, Professor Aisha Sani Maikudi did her National Youth Service Corps at the Corporate Secretariat and Legal Division of the Nigerian National Petroleum Corporation. She pursued and had a PhD in International Law from the University of Abuja in 2015.

She joined the University of Abuja as a Lecturer II on 4th September 2008, and rose through the ranks to become a professor in 2021.

 

Professor Aisha Sani Maikudi broke barriers as the first female and youngest Head of Department in 2013, the first female Deputy Dean of the Faculty of Law in 2018, and the pioneer Director of the University of Abuja International Centre in 2019. She also served as the Deputy Vice-Chancellor (Academic), where she was instrumental in enhancing academic standards and promoting a culture of excellence at the University.

To date, she is the youngest Professor of the University of Abuja and indeed Nigeria, as well as the first female Professor of Law in the North West and the University of Abuja. She specializes in United Nations Law, backed by extensive research and numerous publications in academic journals and book chapters. Professor Aisha Sani Maikudi floated a Postgraduate course on United Nations Law and has supervised numerous undergraduate and postgraduate theses and dissertations, contributing to the growth of legal scholarship. She has also taught Company Law for over 12 years and is well versed in its mechanics.

Professor Aisha Sani Maikudi has represented her university and country at numerous national and international conferences, workshops, and training sessions across the UK, US, South Africa, Germany, Italy, China, Ghana, and Egypt. She has presented papers at many of these events, further solidifying her global reputation as an academic leader.

She is an active member of several professional organisations, including the Nigerian Bar Association (NBA), Nigerian Law Teachers Association (NLTA), International Federation of Women Lawyers (FIDA), and Nigerian Society of International Law.

Aisha is married with children.

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