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As
Chairman of First Bank of Nigeria, Otudeko played a pivotal role in the bank’s transformation into one of Africa’s leading financial institutions. Under Otudeko’s leadership First Bank transitioned from a purely commercial bank to a financial holding company with tentacles spread across insurance,
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In recognition of his contributions to the nation’s economic growth, Otudeko was awarded the Member of the Order of the
Federal Republic (MFR) in 2002. In 2002, the Federal Government of Nigeria honored Oba Otudeko with the title of Officer of the Federal Republic (OFR). In 2011, he was elevated to
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Under
Otudeko’s leadership, Honeywell Group made notable expansions across key economic sectors. One such expansion was Honeywell Group’s entry into the telecommunications sector in 2001. Otudeko led the consortium to secure one of the first GSM licenses (Econet) in Nigeria. Otudeko also made the
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Oba
Otudeko was Chairman of the Nigerian-South African Chamber of Commerce (NSACC) and aimed to facilitate investment flows into Nigeria. During his tenure as the NSACC Chairman, the volume of Nigeria-South Africa bilateral trade grew significantly from $ 16.5 million in 1999 to $ 2.9 billion in
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Beyond his own entrepreneurial ventures, Otudeko is an investor at heart and his influence extended to the boardrooms of some of
Nigeria’s largest and most prominent corporations. He served on the boards of several leading companies such as Fan Milk Nigeria, Airtel Nigeria, and
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Beyond the corporate sphere, Otudeko’s has also been actively involved in various national economic and policy development initiatives. He was a member of the
Constituent Assembly in 1988-1989 where he contributed to the drafting of the Nigerian constitution.
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Nigeria) fueling the rapid expansion and innovation of mobile services nationwide, Econet
Nigeria’s subscriber base grew from 15 million to 22 million and the telecommunication firm controlled the second largest market share in Nigeria.
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He was
Chairman of the Business Support Group (BSG) for delivery of the National Integrated Infrastructure Master Plan (NIIMP). In 2013, he was also appointed the chairman of the Digital Africa Conference Exhibition in Abuja, Nigeria.
422:. His mother was a business woman. He studied at St. John’s School, Oke-Agbo, in Ijebu-Igbo, Ogun State before proceeding to Olivet Baptist High School, Oyo. Later, he studied Accountancy at the Leeds College of Commerce Leeds,
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In the 1970s, Oba
Otudeko founded Honeywell Enterprises. The company began as a trading company, importing and exporting essential goods, such as dairy products, stock fish, glass, and steel rods into the country.
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Oba
Otudeko began his career at Cooperative Bank in Ibadan at the age of 17 as an accounts clerk. He completed his Fellowship of the Chartered Institute of Bankers and was promoted to manager by age 21.
497:, a dynamic investment holding company with diversified interests spanning food manufacturing, oil, gas and energy services, telecommunications, financial services, hospitality, and real estate.
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Commander of the Order of the Federal Republic (CFR). In 2019, he received the prestigious National Productivity Order of Merit (NPOM) Award from the Federal Government of Nigeria.
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company structure provided a platform for growth across different financial services, ensuring the bank’s ability to adapt to changing market conditions.
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He has also held directorship positions in private companies operating in real estate, international trade and finance, and brewing, including
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in the UK. Upon his return, he rose to Senior Accountant, eventually becoming General Manager and acting CEO before retiring in 1983.
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Silverbird Extraordinary Lifetime Achievement Award and recently, the 2016 Africa CEO Forum's Africa CEO of the Year Award.
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Oba Otudeko has received various awards for his contributions to the entrepreneurship and the Nigerian economy.
434:). Professionally, Oba Otudeko is a Chartered Banker, Chartered Accountant and a Chartered Corporate Secretary.
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Entrepreneur of the Year Award at the ThisDay Awards in 2009. Ernst & Young Lifetime Achievement Award;
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historic first mobile phone call in the country, symbolizing the dawn of a new era in communication.
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Honorary Doctor of Science in Banking and Finance from Crescent University, Abeokuta, Ogun State.
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From 2001 to 2010, he was Chancellor of the Olabisi Onabanjo University, Ago-Iwoye, Ogun State.
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702:"Otudeko, FBN Holdings Group Chairman leads Conversation at the Africa CEO Forum 2017"
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1025:"FOLUSO PHILLIPS BECOMES NEW CHAIRMAN OF NIGERIAN-SOUTH AFRICAN CHAMBER OF COMMERCE"
1183:"Gowon, Otudeko, Alaafin, 3 others bag Doctorate degrees at Ajayi Crowther varsity"
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847:"The business odyssey of Oba Otudeko: A journey of vision, valour and victory"
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951:"Biography of Oba Otudeko; Entrepreneur Chartered Accountant; Billionaire"
787:(First ed.). Johannesburg, South Africa: STE Publishers. p. 63.
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Oba Otudeko has also attended executive management training programmes at
1240:"Otudeko bags Leadership Newspapers Business Person of the Year award"
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2010. He was also on the Board of the NEPAD Business Group – Nigeria.
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1165:"CRESCENT UNIVERSITY GRADUATES 141, HONOURS OTUDEKO, LEMU, OTHERS"
1201:"ThisDay Awards 2009 – Festival of Ideas: Speakers & Winners"
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In 2013, Honeywell Group sold its holdings in Airtel Nigeria to
925:"Billionaire mogul, Oba Otudeko on why Honeywell is succeeding"
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from the article and its talk page, especially if potentially
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1120:"Oba Otudeko, CFR: A Business Magnate of Modern Yorubaland"
449:(then known as Arthur D. Little School of Management).
1215:"Ernst & Young Honours Honeywell Group's Chairman"
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Leadership Newspaper Business Person of the Year 2015;
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889:"Oba Otudeko Biography, Profile, CEO Honeywell Group"
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Following his retirement, the Federal government of
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Entrepreneurship, Corporate Governance, Philanthropy
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1101:"Otudeko is Africa's best chief executive for 2016"
821:"Oba Otudeko: A self-made billionaire entrepreneur"
439:International Institute for Management Development
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761:"Otudeko Bags Business Person Of The Year Award"
1308:Commanders of the Order of the Federal Republic
1258:"Dangote, Otudeko win big at Africa CEO awards"
1068:"Nigeria Integrated Infrastructure Master Plan"
636:He is married to Mrs Adebisi Aderonke Otudeko.
614:Honorary Doctor of Science Degree (D.Sc.) from
537:He was the16th President of the Council of the
493:The trading enterprise company later grew into
997:"Oba Otudeko becomes Chairman of Zain Nigeria"
394:who serves as the founder and chairman of the
550:asset management and investment banking. The
509:With his involvement in Econet Wireless (now
472:appointed him a Director to the Board of the
1050:"Nigeria, South African Trade Hits N43.5bn"
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53:Learn how and when to remove these messages
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163:about living persons that is unsourced or
1318:Hult International Business School alumni
784:Africa: Continent of Economic Opportunity
252:Learn how and when to remove this message
234:Learn how and when to remove this message
114:Learn how and when to remove this message
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739:"Oba Otudeko: Celebrating an Icon"
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969:"HONEYWELL GROUP, COMPANY, IKOYI"
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720:"Founder: Dr. Oba Otudeko"
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402:Early life and education
618:, Oyo Town, Oyo State;.
573:Achievements and Awards
539:Nigerian Stock Exchange
474:Central Bank of Nigeria
443:Harvard Business School
907:"Dr. Oba Otudeko, CFR"
741:. The Nation newspaper
155:Please help by adding
1303:Yoruba businesspeople
955:Nigerianbiography.com
563:Ecobank Transnational
545:First Bank of Nigeria
532:First Bank of Nigeria
96:neutral point of view
1246:. December 18, 2015.
1244:Leadership Newspaper
1189:. November 22, 2017.
1169:thenigerianvoice.com
1088:. February 14, 2013.
781:Fick, David (2006).
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161:Contentious material
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88:promotional content
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1293:1943 births
1187:Daily Trust
1105:guardian.ng
480:Investments
392:businessman
385:Oba Otudeko
326:Nationality
297:Oba Otudeko
273:Oba Otudeko
224:August 2024
104:August 2024
1282:Categories
1129:August 28,
1086:The Nation
875:Forbes.com
856:2024-08-20
831:2021-09-22
687:2018-01-15
640:References
303:1943-08-18
194:newspapers
84:improve it
39:improve it
1262:The Cable
893:Recordsng
424:Yorkshire
412:Oyo State
320:, Nigeria
318:Oyo State
146:citations
45:talk page
1001:Proshare
929:Encomium
745:28 March
329:Nigerian
172:libelous
1267:May 22,
1224:May 22,
1034:4 April
1006:May 22,
978:June 4,
935:May 19,
800:3 April
662:June 4,
552:holding
470:Nigeria
441:(IMD),
418:of the
208:scholar
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765:Uncova
682:Forbes
589:Awards
511:Airtel
453:Career
408:Ibadan
314:Ibadan
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565:Inc.
416:Omoba
269:Omoba
215:JSTOR
201:books
139:This
1269:2017
1226:2017
1131:2024
1036:2017
1008:2017
980:2017
937:2017
802:2017
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