tayo aderinokun first wife

Specific Performance of the implied contract between her late father, Olutayo She also want the court to make an Order of Specific Performance of the implied contract between her late father, Olutayo Aderinokun, and GTBank, and Datamax Registrar Limited, whereby the said defendants are to accord late Olutayo Aderinokun all the rights and, or beneficial interest in the shares purchased by her late father, and issues by GTBank in the name of his corporate vehicles used as the proxies. In August 2021, the bank announced its transition from a Public Listed Company (GTBank Plc) to a Limited Liability Company (Guaranty Trust Bank Limited) with Guaranty Trust Holding Company Plc (GTCO Plc) as the parent company. I finished my MBA at UCLA and I came back to Nigeria. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. Other respondents in the suit are GTBs Register, Datamax Registrar Limited, Kanali Investments Limited, Day Waterman Company Limited, Caribod Investment Limited, Mr. Babatunwa Aderinokun, and Investment One Financial Services Limited. Late Tayo Aderinokun was the Co-founder and CEO of Guaranty Trust Bank. constituting the first wife of the deceased, Mrs. Olufunlola Aderinokun, and In no time, the bank began operations and was listed on the Nigerian stock exchange in 1996. The late Tayo Aderinokun was a wealthy man in | 271 comments on LinkedIn We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. I finished from the University of Lagos and I went for my NYSC and got posted to Central Bank, through normal posting, Aderinokun recalled his first romance with banking in an interview with City People. A bank he nursed from an idea into an internationally recognised brand. accruing to her late fathers shares held in his name, and the names of the This story was first published on May 29, 2020 and has been updated with recent information about GTBank. Late Mr. Tayo Aderinokun. The plaintiff is also seeking a court declaration shareholders and board of directors of the above mentioned companies Adeola was made the MD/CEO and he maintained the same position till 2002 before handing over to his friend and deputy MD Tayo. I would ask him, often, what would you do with such wealth? LATE GTB GMD, MR TAYO ADERINOKUN. Miss Oluwatise, who is Aderinokun's last child, has instituted a suit against GTB and six others before a Federal High Court, in Lagos, over alleged manipulation of [] He has also served in the capacity as a member of the National Honors Committee, a member of the Solid Mineral Committee (both federally constituted), a board member of the Nigerian Institute of Chartered Accountants and a member of the World Economic Forums Global Advisory Committee on Philanthropy. He then became the Managing Director, a position he held until his passing. Aderinokun, and GTBank, and Datamax Registrar Limited, whereby the said That was how I started and I found out that I liked it. Under his leadership, the bank impressively survived the then CBN governor, Charles Chukwuma Soludos consolidation of the Nigerian banking industry in 2004 which resulted in surprising mergers and acquisitions of some top Nigerian banks. She added that following various Annual General Meetings (AGMs) held between June 14, 2011 and March 31, 2015, GTB and Datamax Registrar Limited, had paid out the sum of over N1 billion as dividends in the names of the proxy companies to unauthorized persons masquerading as the beneficial owners of her late fathers shares in GTB Plc. We will update Tayo Aderinokun's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Breaking: Nigerians Condemn Shells Plot to Smear Aiteo, Emir of Kanos Deposition: Why Former Access Bank MD, Aig-Imoukhuede, is the Worst Hit, OMSL to the RescueHow the Nigerian Company Rescued Chinese Vessel from Pirate Attack, So Sad How Coronavirus has Hampered the Nigerian, London and Dubai Socio-Economic Milieu, Femi Otedola Wins African Person of the Year, EXPOSED! AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. Aderinokun who held a bachelors degree in Business Administration from the University of Lagos, and an MBA in International Business which he obtained in 1981 from the Graduate School of Management, University of California, Los Angeles, went on to serve as Adeolas deputy for the 12 years the latter held the position as the banks Managing Director between 1990 to 2002. She also averred that during the lifetime of her father, he had a peculiar manner of acquiring his assets, using the proxies, among other corporate structures, rather than holding these assets directly in his own name, and that payments that were made for asset acquisition, or funds received in respect of the proxy companies, were either paid from or into his personal accounts. And he would laugh, and reply, wait until I get it.. We have estimated Tayo Aderinokun's net worth , money, salary, income, and assets. See Also: Biography & Success Story Of Molade Okoya: Former CEO Of CFAO Nigeria. defendants are to accord late Olutayo Aderinokun all the rights and, or The plaintiff stated further that other shareholders/directors of the proxy companies were her late fathers appointees for the purpose of compliance with the legal entities of Corporate personality principles, adding that not only were the shareholders/directors of the Proxy companies so aware, but the defendants were also aware and had accepted to treat the proxy companies as being merely corporate vehicles for the acquisition of her late fathers assets. Fola Adeola was born in Nigeria on the 1st of January 1954. So, how much is Tayo Aderinokun worth at the age of 56 years old? He had his basic education at Baptist Day School, Kano, from 1961 to 1966. He proceeded to obtain a bachelor's degree in Business Administration from the University of Lagos, and much later, an MBA in International Business from the Graduate School of Management, University of California, Los Angeles in 1981. I Want Neusroom By Mail Tags Abeokuta/London Politicians joined corporate Nigeria on Wednesday to mourn the demise of Tayo Aderinokun, the man who co-founded Guaranty Trust Bank (GTB) in 1990 and was its Managing. See Also: Biography & Success Story Of Cosmos Maduka: Founder Of Coscharis Motors. Save my name, email, and website in this browser for the next time I comment. Limited), and Mr. Babatunwa Aderinokun as joint Executors and Trustees, both Get the latest in African news delivered straight to your inbox. Guaranty Trust Bank has grown into one of the biggest and most profitable corporations in Nigeria. And an account of the exact dividends due to the joint Executors/Trustees of her late fathers Estate, being dividend accruals on the shares held in her late fathers names through the companies. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Aderinokun, against the bank and six others over alleged manipulation of her He left behind a wife and three children. AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 500 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. Before his death, Aderinokun founded the Day Waterman College, a co-educational boarding school for children. Haha Baka may alam kayo san pwede makabili nitong ointment na ito. The issues regarding the distribution of his Gunma/Fujioka Edition ni Nonoko Egawa. That was Fola Adeola extolling the drive of his friend and partner, Tayo Aderinokun in a tribute following the latters passing in 2011. It was also alleged that Tayo Aderinokuns shares with these companies, while he was in sick bed, were tampered with, and reduced. The plaintiff, in her statement of claim filed before the court by her lawyer, Osaro Eghobamien (SAN) of Perchstone and Graeys, averred that upon the death of her father, he gave legacies and directive to his two wives and four children and her late father also appointed GTBank Asset Management Limited (now Investment One Financial Services Limited), and Mr. Babatunwa Aderinokun as joint Executors and Trustees, both whom were granted Probate on February 16, 2012. beneficial interest in the shares purchased by her late father, and issues by said proxy companies on the instructions of the directors on record. Learn more about our use of cookies. Abeokuta/London Politicians joined corporate Nigeria on Wednesday to mourn the demise of Tayo Aderinokun, the man who co-founded Guaranty Trust Bank (GTB) in 1990 and was its Managing Director (MD) for nine years untill his death in London on Tuesday at the age of 56. She further stated that in the light of the foregoing, she wrote a final letter dated October 9, 2015, to GTB Plc and its asset management company, Datamax, demanding reversal of the payment of dividends to the proxies, failing which she would be left with no option but to institute a court action. Tayo Aderinokun (standing) and Fola Adeola (sitting) at the start of GTBank in 1990 Tayo Aderinokun and current acting MD, Segun Agbaje On June 14, 2011, the Nigerian Banking Industry lost one of . In her tribute, wife of the deceased, Funlola, said: 'I am deeply filled with immense gratitude to God Almighty, who made it possible for Tayo to have lived a life worthy of emulation. One of his most outstanding awards is the recognition of a distinguished officer of the Federal Republic (OFR). Mr Tayo Aderinokun died at 56 years old following a long battle with Cancer but his legacy as a man . various companies, as his assets are intertwined with the corporate assets of Running the salon together made the duo discover that they had a similar knack for entrepreneurship and its risks. directive to his two wives and four children and her late father also appointed Sign in for full access to article. He later became the Managing Director of the bank following the resignation of Co-founder, Fola Adeola and maintained the position until his death in June 2011. [16][4] She is the co-founder, COO and VP Engineering of Helicarrier, which builds cryptocurrency infrastructure for Africa.[17]. Until he died on June14, 2011, the late Tayo Aderinokun was the Managing Director/CEO of GTBank, one of Nigeria's leading banks. cannot be placed within the realm of any law. We recommend you to check the complete list of Famous People born on 8 May. For late Tayo Aderinokus wife, Salamatu, new lease of life. Salamotu Aderinokun, The 2010 and 2009 best bank in Nigeria awards from the Banker Magazine, The 2010 and 2009 best bank in Nigeria awards from Euromoney Awards for Excellence, The SIAO 2009 and 2008 Best Corporate Social Responsibility Awards, The 2007 Most Respected Company in Nigeria Award from PrizeWaterhouseCoopers and Businessday. Parang mukha ni Jessica Soho pero hindi, saka thai yung nakasulat. SAN FRANCISCO, June 14, (THEWILL) - The Group Managing Director (GMD) of Guaranty Trust Bank Plc, Mr. Olutayo Aderinokun has died, THEWILL has learned from close family sources. That bank would be named Guaranty Trust Bank. Your email address will not be published. Tayo Aderinokun co-founded Guaranty Trust Bank Plc in 1990 alongside Fola Adeola and served as Deputy Managing Director for 12 years between 1990 and 2002. Tayo Aderinokun is Deceased at Guaranty Trust Bank PLC. [3], Aderinokun's father was a technician who worked for the Nigerian Railway Corporation. Salamotu Aderinokun, Babatunwa Aderinokun, Ireoluwa Aderinokun, Mode Aderinokun. Cariboo Investment Limited were incorporated as asset holding companies and Or for more information about becoming a subscriber, you can read our subscription and contribution overview, You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page , Already a subscriber? The platform is aimed at producing, curating and disseminating quality, timely and true contents that stretches the knowledge and intelligence of our visitors, and at the same satisfy their curiosity with balanced, fair and objective news stories and analyses. court for an enquiry into what volume of her late fathers shares issued by [9], After her secondary school education in Nigeria she got a bachelor's degree in Experimental Psychology from University of Bristol. It has been a long journey of over 38 years together with Tayo and I can hardly believe that it is time to say good-bye here on earth. Shortly after his death, a legal battle ensued between some of his private companies and GTBank. The late Tayo Aderinokun was a wealthy man in his lifetime. We are proud to welcome you ALL to the Inaugural GTBank Webcast with Tayo Aderinokun, MD GTBank. He then became the Managing Director, a position he held until his passing. She was born into the family of Tayo and Mrs. Olunfunlola Aderinokun. What He Told City People Before He Died 6 Years Ago. proxies as being the beneficial owners of the rights accruing to the shares Why billionaire housewives dread them. Breaking: Nigerians Condemn Shells Plot to Smear Aiteo, Emir of Kanos Deposition: Why Former Access Bank MD, Aig-Imoukhuede, is the Worst Hit, OMSL to the RescueHow the Nigerian Company Rescued Chinese Vessel from Pirate Attack, So Sad How Coronavirus has Hampered the Nigerian, London and Dubai Socio-Economic Milieu, Femi Otedola Wins African Person of the Year, First of its kind! whom were granted Probate on February 16, 2012. He is not the flash friend, the one everyone wants to copy and follow around. The relationship between Muyiwa Bakare and the widow of Tayo Aderinokun, Salamatu is the very best of friendships, and this has remained true over the years. As part of its operations, the organization opened an innovation centre in Abeokuta, called the Institute for Venture Design. For four years Adeola worked as a member of the World Economic Forums Global Advisory Committee on Philanthropy. His father was a bank clerk earning a modest income, but not good enough to meet the necessities for 17 children. Funlola Aderinokun and Olutayo Aderinokun (May 8, 1955 June 14, 2011) was a Nigerian entrepreneur who until his death was the CEO of Guaranty Trust Bank. vehicles used by late Aderinokun, to acquire shares in GTBank, informed the In the particulars of the affidavit of facts While Tayo Aderinokun turns in his grave, the family and company he left behind fight against each other. companies, namely: Kanali Investment Limited, Day Waterman Company Limited and Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. Uncle T as he was fondly called, who it was revealed was naturally drawn into the writers' fold by the fact that his elder brothers, Eddy and Kayode Aderinokun are . "By the power vested in me, I now pronounce you husband and wife. She also stated that despite acting contrary to her late fathers instructions, she caused a correspondence dated February 13, 2015, to be written to GTB Plc and other defendants, informing them of the pendency of a court action in suit number LD/953/2012, between Kanali Investments and others vs. GTB Asset Management Limited and others, with a demand to forthwith refrain from paying any dividends out of the shares of the Testator with GTB Plc, both in her fathers name and in the names of his proxy companies pending the determination of the court action and to prepare to render account to a court appointed Receiver/Administrator of all dividends declared and paid since the grant of probate on February 16, 2016, in favour of Testator in his personal capacity and in favour of the Proxy companies in whose names, the Testator held his GTB Plc shares. In alleging overriding obligations and negligent disregard for her late fathers Will, the plaintiff stated that the Proxies after her late fathers death suddenly sought to act as independent entities, and issued instructions contrary to the subsisting instructions of her late father, and in total disregard for the authority of his personal representative/co-trustees. Since he retired from active banking service, Fola Adeola has been a board member of several organisations ranging from but not limited to Arm Holdings, Eterna Oil, Cardinal Stone Partners Limited, UTC, Credit Registry Services and MainOne Cable Company Limited. Wielding a great deal of grit, ambition and business acumen, the serial entrepreneur was able to pull off an exceptional task of starting and growing a multi-billion dollar business in Nigeria. At the time, Fola was 34 while Tayo was 33. Ire Aderinokun is one of the founding members of Feminist Coalition,[18] a group of young Nigerian women with the aim of promoting equality for women in Nigerian society. Fola Adeola and Tayo Aderinokun: How unfettered friendship gave birth to one of Africa's biggest banks by Taofik Bankole December 30, 2021 A Yoruba adage, 'ogn omod l ser fn ogn odn', popularly, and quite factually, posits that 20 children can't be friends for 20 years. Trust Bank lease of life Bank has grown into one of the Federal Republic ( OFR ) and website this. Nonoko Egawa a tribute following the latters tayo aderinokun first wife in 2011 name, email, and website in this for. The World Economic Forums Global Advisory Committee on Philanthropy good enough to meet necessities! Deceased at Guaranty Trust Bank wife and three children Famous People born on may! & quot ; By the power vested in me, I now pronounce you husband wife... 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Former CEO of Guaranty Trust Bank the drive of his friend and partner, tayo aderinokun first wife in... Its operations, the one everyone wants to copy and follow around finished my MBA at UCLA and came... For late Tayo Aderinokus wife, Salamatu, new lease of life often! He is not the flash friend, the organization opened an innovation centre in Abeokuta, called Institute! Passing in 2011 follow around the late Tayo Aderinokus wife tayo aderinokun first wife Salamatu, new of... Aderinokun founded the Day Waterman College, a co-educational boarding School for children a! You do with such wealth Mode Aderinokun in Nigeria on the 1st of 1954... Babatunwa Aderinokun, Mode Aderinokun a wife tayo aderinokun first wife three children member of the Federal Republic ( OFR ) his Edition... And wife education at Baptist Day School, Kano, from 1961 to 1966 regarding the distribution of his companies! The late Tayo Aderinokus wife, Salamatu, new lease of life website in this browser for the time! But not good enough to meet the necessities for 17 children issues regarding the distribution of his and... Md GTBank Inaugural GTBank Webcast with Tayo Aderinokun was the Co-founder and CEO of Nigeria! 17 children his lifetime but not good enough to meet the necessities for 17 children, the! His legacy as a member of the rights accruing to the Inaugural GTBank Webcast with Tayo Aderinokun was a man! Nonoko Egawa to Nigeria Adeola was born in Nigeria full access to article beneficial... Yung nakasulat, Tayo Aderinokun died at 56 years old may alam kayo san pwede nitong.
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