tayo aderinokun first wife

Cariboo Investment Limited were incorporated as asset holding companies and GTBank were held in his name and the names the three companies, Kanali While his mother would send Fola and his siblings hawking to augment the family income. various companies, as his assets are intertwined with the corporate assets of "Ngayon makikita mo s'ya, tiyak na malo-love at first sight ka sa asawa mo!" he said and I chuckled. "By the power vested in me, I now pronounce you husband and wife. One of his most outstanding awards is the recognition of a distinguished officer of the Federal Republic (OFR). More often than not, great success stories revolve around harnessing the power of synergy. It has since expanded to include an entrepreneurship program focused on engineering, technology and innovation. [3] Early life and education [ edit] With their financial & accounting background, Fola Adeola and Tayo Aderinokun were qualified to run a bank individually because then the requirements to open and run one was extremely easy for anyone to do, but to go on the journey together meant they stood a greater chance of success. 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 . And he took on the challenge fantastically well. Today, GTB, which stands tall as Adeola and Aderinokun had envisioned, boasts of over 200 branches, 17 Cash Centres, 18 e-branches, 41 GTExpress locations and more than 1165 ATMs in Nigeria. She built her first website at the age of 13 as a fansite for Neopets where she had learned her first basic HTML codes. Miss Oluwatise, who, being underage, sued through her mother, was represented by Osaro Eghobamien (SAN). Limited), and Mr. Babatunwa Aderinokun as joint Executors and Trustees, both Here's how he did it: His death reverberated through the entire banking and finance industry. In the ensuing legal battle, Oluwatise Aderinokun We have estimated Tayo Aderinokun's net worth , money, salary, income, and assets. Canadian twin-menace, Jyoti and Kiran Matharoo, in police net for trying to blackmail Femi Otedola with their website, naijagistlive, Nigeria to Spend Abacha Loot on Second Niger Bridge, Lagos-Ibadan, Abuja-Kano Expressway Malami, Indian twin-menace: Nigerias most promiscuous sisters, Jyoti and Kiran Matharoo. What Guarantee Trust Bank (GTB) did to Tayo Aderinokun, one of Africa's greatest bankers, who died on 11 June 2011, shows a constant trend over the ages. judicious determination of the plaintiffs suit. As part of its operations, the organization opened an innovation centre in Abeokuta, called the Institute for Venture Design. Mr. Osaro, appearing before Justice Idris Muhammed, urged the court to declare illegal the recognition of Kanali Investments Limited, Day Waterman Company Limited, and Caribod Investments Limited as being entitled to the accruing dividends on Tayo Aderinokuns shares in GTBank, and also contested the payment of late Mr. Aderinokuns dividend of up to one billion naira to an account not authorized by Mr. Aderinokun or his representative. The bank has also expanded beyond the shores of Nigeria to countries like the Gambia, Sierra Leone and Ghana. 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In response to the suit, the sixth defendant, Babatunwa Aderinokun, while urging the court to dismiss the plaintiffs suit with substantial cost, denied the averment deposed to by the plaintiff. 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. Gunma/Maebashi Tomomi Kiuchi. Though, he may have breathed his last June 26, 2011, his spirit and essence have continued to permeate banking profession and national life on account of his sterling contribution. The deponent averred further that the incomes from the assets of the companies were enjoyed by late Aderinokun mixed with his personal incomes, as he used his personal incomes to purchase assets in the various companies, as his assets are intertwined with the corporate assets of the companies during his lifetime. He then became the Managing Director, a position he held until his passing. Since Yul Edochie and his second wife drama is trending,I believe this is a good opportunity to tell this story. 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. court that it had filed an affidavit of facts before to assist the court in the document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Specific Performance of the implied contract between her late father, Olutayo Tayo Aderinokuns income source is mostly from being a successful Banker. The family of late Olorogun Michael Christopher Ibru (aka the Fisherman) is a clear example. The GTBank journey began when Fola Adeola and his friend, Tayo Aderinokun, pooled some resources together and decided to establish a barbing salon in Lagos, Ikoyi, called Finishing Touches Barbing salon. Many years later, Fola Adeola would say, My joy is that in my lifetime, an organization that I birthed can stand alone without any input from me or my partner. So, I have to start looking for somebody who will play either the role Fola was playing or the role I was playing before. Oluwatise, through her lawyer, is also asking questions about her fathers investment in GTBank, Datamax Registrars, Kanali Investments Limited, Day Waterman Company Limited, Caribod Investments Limited , Investment One Financial Services and the involvement of her uncle Mr. Babatunde Aderinokun in the management of her fathers estate. proxies as being the beneficial owners of the rights accruing to the shares Tayo Aderinokun Read View history Olutayo Aderinokun pronunciation (May 8, 1955 - June 14, 2011) was a Nigerian entrepreneur who until his death was the CEO of Guaranty Trust Bank. Aderinokun had an interesting childhood. I would ask him, often, what would you do with such wealth? Investments Limited, Day Waterman Company Limited and Cariboo Investment The Nigerian Stock Exchange President's Merit Award in 2003, 2005, 2007 and 2008. Copyright 2023 - Startup Tips Daily Media. This page was last edited on 1 December 2022, at 09:37. Others respondents in the ensuing legal battle are GTBanks Registrar, Datamax Registrar Limited, Kanali Investments Limited, Day Waterman Company Limited, Caribod Investment Limited, Mr. Babatunwa Aderinokun, and Investment One Financial Services Limited. Guaranty Trust Bank has grown into one of the biggest and most profitable corporations in Nigeria. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. Discover Tayo Aderinokun's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. RDT-213 "Medyo kasi diyan.." Isang busty na misis na walang ingat na lumalabas na walang bra ang nang-aakit sa isang lalaki ng hindi niya . After his training at the ICAN Institute, he worked for some time in the public sector where he eventually rose to the position of the first Chairman of the National Pension Commission in Nigeria. Please try again later. By submitting above, you agree to our privacy policy. Sign in for full access to article. The Difference Between A Business Idea And A Business Opportunity, 63+ Lucrative Small-Scale Business Ideas You Can Start In Nigeria Or Africa, How To Start The Lucrative Export Of Lithium Ore From Nigeria To International Buyers: Lepidolite, Lepidolite, Amblygonite, & Spodumene, 20 Lucrative Medical Business Ideas For Healthcare Professionals, How To Start A Lucrative Cocoa Farming Business In Nigeria and Africa: The Complete Guide, How To Start A Lucrative Groundnut Farming Business In Nigeria and Africa: The Complete Guide, How To Start A Lucrative Barley Farming Business In Nigeria and Nigeria: The Complete Guide, How To Start A Lucrative Plastic Recycling Business In Nigeria and Africa: Comprehensive Guide + E-Book. The late Tayo Aderinokun was a wealthy man in | 271 comments on LinkedIn Fola Adeola is married to Hajara Fola Adeola and they are blessed with six children. 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. Learn how your comment data is processed. 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. 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? 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! Femi Fani-Kayode expends fortune on mother-in-laws cancer treatment, BREAKING: INEC Declares Tinubu Winner Of Presidential Election, Presidential Election Results: God Has Come To Wipe Away The Tears of Nigeria Bishop Oyedepo, And the Matharoos meet their waterloo! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. The Expensive Silence of GTB MD Why Pundits Claim Mirian Olusanya Is Just A Stooge! Tayo Ricci's biography. In their 30s, the teenage friends decided to collaborate to found one of Africas biggest banks in 1990, following the success of their barbing salon, Finishing Touches Barbing Salon, in the mid 80s. Salamotu Aderinokun, Babatunwa Aderinokun, Ireoluwa Aderinokun, Mode Aderinokun. She started the blog in 2015. He added that the Letter of Administration issued to the Executors of Aderinokuns Will is only in respect of Estates and shares personally owned by the deceased. These companies in battle with GTBank are: Kanali Investments Limited, Caribo Investment Limited, Brayswood Investment Limited, Lomalinda Investment Limited, Day Watermen Company Limited, Day Waterman College Limited, Barawil Company Limited, Exuma Ventures Limited, Hasseman Resources Limited and FMT-Parkview Estate Limited. I Want Neusroom By Mail Tags hey b-bestie.. sorry pero mag break up tayo ang sakit sakit ng foot pain na binigay mo sa akin . In Lagos, Aderinokun attended Surulere Baptist School from 1966 to 1967, St. Peters College, Abeokuta, from 1968 to 1972 and St. Gregorys Boys College, Lagos from 1973 to 1974. You may kiss the bride." It was the last line I heard before the corners of his lips rose, his eyes shifted from Father to mine, causing my head to turn to the small crowd to . He was also the Chairman of the Lagos State Disaster Relief Committee, a team formed as a result of the January 27, 2002, Lagos bomb blast, and he is also a member of the Solid Minerals Committee and the Chairman of the Ogun State Development Trust Fund Committee. . The plaintiff is also seeking a court declaration that the recognition of the proxies by the defendants, as being beneficially entitle to the rights of her late fathers shares (issued by GTBank), held in the names of the proxies, was done in dishonest assistance of the breach of trust of her late fathers Will by the said proxy companies. Before his death, Aderinokun founded the Day Waterman College, a co-educational boarding school for children. Since Yul Edochie and his second wife drama is trending,I believe this is a good opportunity to tell this story. They both later worked at the Continental Merchant Bank in the mid 80s before Aderinokun moved to Prime Merchant Bank where he occupied the position of an Assistant General Manager and Head, Financial Services. Your email address will not be published. He served and is still functioning at national and international levels, on various committees and corporate boards. (GTB). 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. held in their names in GTBank, and paying any sum declared as dividends Learn more about our use of cookies. Aderinokun who held a bachelor's 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 Adeola's deputy for the 12 years the latter held the position as the bank's Managing He is not the flash friend, the one everyone wants to copy and follow around. 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. vehicles through which late Aderinokun acquired invested and held his asset directive to his two wives and four children and her late father also appointed LATE GTB GMD, MR TAYO ADERINOKUN. Tayo Aderinokun was born on 8 May, 1955 in Kano, Nigeria, is a Nigerian entrepreneur. By subscribing, you're accepting to receive promotions. Save my name, email, and website in this browser for the next time I comment. According to a news report on the website of Fleetmon, Why Obasanjo, Others Cancelled Parties The list is swelling by the hour of the global companies which have been having grueling experience since the outbreak of the Coronavirus also Once again, Africas force of nature, billionaire Femi Otedola has been honoured for his philanthropic activities on the continent. among other corporate structures, rather than holding these assets directly in [5][6][7][8], Ire is from Ogun state, Nigeria. He was Nigerian Action Congress (ACN)s vice-presidential running mate in the 2011 presidential elections alongside with running mate, Mallam Nuhu Ribadu. His father was a technician who worked for the Nigerian Railway Corporation. At that time, banking was it, with all the glamour. The plaintiff, in her statement of claim filed before the court by her lawyer, Osaro Eghobamien, SAN of Perchstone and Graeys, stated that upon the death of her father, he gave legacies and bequests to his two wives and four children and her late father also appointed GTB Assets Management Limited (now Investment One Financial Services Limited) and Mr Babatunwa Aderinokun as joint Executors and Trustees, who were granted Probate on February 16, 2012. On August 2, 1990, Adeola and Aderinokun received a banking license No. During the beginning of the Nigerian Civil War, his family relocated to Lagos where he attended Surulere Baptist School from 1966 to 1967, St. Peter's College, Abeokuta, from 1968 to 1972 and St. Gregory's Boys College, Lagos from 1973 to 1974. Adeola was made the MD/CEO and he maintained the same position till 2002 before handing over to his friend and deputy MD Tayo. We will update Tayo Aderinokun's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. While pursuing her master's degree in law at University of Bristol, her interests for computer science made her take a design course at Codeacademy. shareholders and board of directors of the above mentioned companies court for an enquiry into what volume of her late fathers shares issued by Tayo Aderinokun's net worth He is from Nigeria. Limited, Day Waterman Company Limited and Cariboo Investment Limited (the Femi Otedola Wins African Person of the Year Once again, Africa's force of nature, billionaire Femi Otedola has been honoured for his philanthropic activities on the continent. Paubos na kasi. She also averred that during the lifetime of her while planning his Estates during his lifetime. constituting the first wife of the deceased, Mrs. Olufunlola Aderinokun, and 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! His wife is Funlola Aderinokun and His father was a bank clerk earning a modest income, but not good enough to meet the necessities for 17 children. Get the latest in African news delivered straight to your inbox. And a partnership, coupled with a dream and the zeal to bring it to reality, is a great way to shoot for the stars. The respondent alleged that the mother of the plaintiff Ms. Salamotu Ofure Ja Usman, who is representing her daughter in the suit, had been paid in full the legacy of $5million, bequeathed her in the Will, and that the Executors had also vested on her all shares owned by the deceased in an entity known as First Marina Trust Company Limited. In 1988, Tayo moved to Prime Merchant . GTBank and other defendants in the suit from cknowledging/recognising the his lifetime but only him ran the affairs of the companies. Olutayo Aderinokun was a Nigerian entrepreneur who until his death was the CEO of Guaranty Trust Bank. You can subscribe by visiting our subscription page. According to a news report on the website of Fleetmon, Why Obasanjo, Others Cancelled Parties The list is swelling by the hour of the global companies which have been having grueling experience since the outbreak of the Coronavirus also Once again, Africas force of nature, billionaire Femi Otedola has been honoured for his philanthropic activities on the continent. That bank would be named Guaranty Trust Bank. 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. He acquired his assets and GTBanks shares A couple of years later, Fola and Tayo decided to sell the barbing salon so that they could start and focus on building a bank, which they called the Guaranty Trust Bank. In his tribute to his departed friend and partner, Adeola commended Aderinokun for sustaining the vision, and taking the bank so much higher to a realm I know I could never have taken it to, adding that under Aderinokuns leadership, the bank simply grew in leaps and bounds.. Heres the story of Fola Adeola, an accountant who co-founded GTBank with his friend, Tayo Aderinokun in the late 80s. So, how much is Tayo Aderinokun worth at the age of 56 years old? Please look out for your names if you sent in Questions :-) . Nigerias Ambassador To Cote DIvoire, Isah Is Dead, Ifeoma Fafunwas Hear Word! Lifestyle King: Inside UBA MDs Paradise of Treats and Luxury Cars, Aigboje Aig-Imoukhuede, Herbert Wigwe At War Insiders Allege. Canadian twin-menace, Jyoti and Kiran Matharoo, in police net for trying to blackmail Femi Otedola with their website, naijagistlive, Nigeria to Spend Abacha Loot on Second Niger Bridge, Lagos-Ibadan, Abuja-Kano Expressway Malami, Indian twin-menace: Nigerias most promiscuous sisters, Jyoti and Kiran Matharoo. Funlola Aderinokun and On the 1st of July 2011, Tayo Aderinokun (8 May 1955 - 14 June 2011), Co-Founder and Managing Director of GTB bank was laid to rest following a series of events celebrating his beautiful life and contribution to the financial sector in Nigeria. trust of her late fathers Will by the said proxy companies. 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. Late Tayo Aderinokun was the Co-founder and CEO of Guaranty Trust Bank. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. . In Africa, the bank has expanded to Cote dIvoire, Gambia, Ghana, Liberia, Sierra Leone, Uganda, Kenya and Rwanda, including the United Kingdom. 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. We recommend you to check the complete list of Famous People born on 8 May. See Also: Biography & Success Story Of Sani Bello: Founder Of Amni International. MRS Oil Commissions Africas Largest JettyKachikwu, Fashola, Amaechi, Sarika, Enelamah, others, commend Dantata, hail facilitys computerisation scheme, Vanity fairBanking Czarinas, Bola Adesola and Sola David-Borha, shun peer vanities to outshine male rivals, Pomp and enchantment at Sir Molade Okoya-Thomas funeral, Debt and disease! 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. executors of his estates. He was presented with the African Person of the Year award. Tayo Aderinokun died on the 14th of June, 2011. and her late father. 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. A bank he nursed from an idea into an internationally recognised brand. Oluwatise, who is acting through her mother, Mrs. Salamotu Aderinokun, in a suit marked FHC/L/CS/1723/2015, is urging the court to declare that the recognition of three limited liability companies Kanali Investments Limited, Day Waterman Company Limited and Cariboo Investment Limited (the proxies), as being entitled to the rights accruing to the shares issued by GTB Plc, held in the proxies names and in the name of her late father, Olutayo Aderinokun, is wrongful and breach of the implied contract between the defendants and her late father. As a young banker,he . Paga acquires Ethiopian-based startup, Apposit, ZENITH BANK, OLUSOLA ADEJUGBE IN DIRTY LITIGATION DRAMA, Embattled First Bank Holdings MD, Nnamdi Okonkwo Goes Under Operates on Very Low-Key Lifestyle, Jim Ovia Stages Jaw-Dropping Wedding for DaughterSpends Billions on Destination Wedding. Save my name, email, and website in this browser for the next time I comment. In the particulars of the affidavit of facts deposed to by one Mike Okoh, he averred that contrary to the averment of the sixth defendant, Mr. Babatunwa Aderinokun, that the third to fifth defendants companies, namely: Kanali Investment Limited, Day Waterman Company Limited and Cariboo Investment Limited were incorporated as asset holding companies and vehicles through which late Aderinokun acquired invested and held his asset while planning his Estates during his lifetime. A Federal High Court in Lagos on Tuesday adjourned till March 24, 2017, hearing in the suit filed by Miss Oluwatise Aderinokun, the eight-year-old and last child of the late founder and former Managing Director of Guaranty Trust Bank Plc (GTB), Olutayo Aderinokun, against the bank and six others over alleged manipulation of her late fathers shares. Your names if you sent in Questions: - ) and career updates the Bank has grown one. Functioning at national and international levels, on various committees and corporate boards Fisherman ) a. Was the CEO of Guaranty Trust Bank underage, sued through her mother, was represented by Osaro Eghobamien SAN... Kano, Nigeria, is a Nigerian entrepreneur who until his passing Estates his... The next time I comment in the suit from cknowledging/recognising the his lifetime Abuja Johannesburg! Washington DC in the suit from cknowledging/recognising the his lifetime but only him ran the affairs the! 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Age, Height, Physical Stats, Dating/Affairs, family and career updates the 14th of,... Averred that during the lifetime of her late father Silence of GTB MD Why Pundits Mirian! Father, Olutayo Tayo Aderinokuns income source is mostly from being a successful Banker its operations, organization... 2002 before handing over to his friend and deputy MD Tayo often, what would you do such. Email, and website in this browser for the Nigerian Railway Corporation produced or commissioned by AllAfrica include an program. Also a recipient of the implied contract between her late father, Olutayo Tayo Aderinokuns source. Please look out for your names if you sent in Questions: - ) receive promotions a co-educational boarding for! Mode Aderinokun Managing Director, a position he held until his passing & ;. Operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC was a! 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