Aigboje Aig-Imoukhuede

Aigboje Aig-Imoukhuede FCIB, CON (born 24 September 1966) is a Nigerian banker, investor and philanthropist.

Aigboje Aig-Imoukhuede
Aigboje Aig-Imoukhuede sitting in front of JSE Building
Born (1966-09-24) 24 September 1966
NationalityNigerian
Alma materUniversity of Benin
OccupationBanker, Lawyer, Philanthropist
OrganizationAfrica Initiative for Governance
Known forFounder, Africa Initiative for Governance (AIG); Founder, Coronation Capital & Affiliates
Spouse(s)Ofovwe Aig-Imoukhuede
Children4

He was the former Group Managing Director of Access Bank Plc. He is the founder and Chairman of Coronation Capital Limited[1] and its affiliates, Coronation Asset Management Ltd and Trium Ltd. He founded Africa Initiative for Governance (AIG) in 2014.[2] He is the Co-Chairman of the United Kingdom-Nigeria Capital Market Task Force and a board member of TCX Investment Management Company Netherlands. He is also Chairman, Board of Trustees of the Financial Market Dealers Association, and immediate past Chairman of Coronation Insurance Plc (formerly Wapic).[3][4]

Early life

Aig-Imoukhuede was born on 24 September 1966 in Ibadan, Oyo State in Western Nigeria to parents who were in the civil service.[5] His father, Frank Aig-Imoukhuede and mother, Historian Emily Aig-Imoukhuede(née Ihonde)[6] had 3 other children, Erekpitan, Oluwakemi and Aigbovbioise. He hails from Sabongida-Ora, Edo State in Southern Nigeria. He lived with his family in Lagos but went to Federal Government College Kaduna, in Northern Nigeria. He earlier attended St. Saviours School (primary) in Lagos and at aged 16, he enrolled to study law at University of Benin, Edo State, Nigeria. He graduated with a LLB degree in 1986 at age 19 and was called to the Nigerian Bar in 1987. He holds a Trium MBA, awarded jointly by the London School of Economics, New York University, and HEC Paris.[7] In 2000 he attended a three-month Executive Management Programme course at Harvard Business School.[8][5][9]

Career

He began working as a lawyer with Continental Merchant Bank during his NYSC year in 1988. Aigboje joined Guaranty Trust Bank Plc in December 1991 where he resigned as Executive Director in March 2002.[3] Aigboje Aig-Imoukhuede was the leader of the 2002 acquisition of Access Bank, then a fringe regional player. He was the Group Managing Director and Chief Executive Officer of the Bank till December 2013. He retired as President of the Nigerian Stock Exchange in 2017, but he remains on the National Council as an Ex-Officio.[4] He was a Non Executive Director of Africa Finance Corporation since 2008 until June 2, 2017. He has been the Chairman of Associated Discount House Limited since December 1, 2011. He serves as a Director of Petralon Energy[10] and retired as the Chairman of Wapic Insurance Plc where he has been its Director since November 2011.[11] Aig-Imoukhuede also served as Board Chairman and Director of FMDQ OTC PLC until August 1, 2014.[12] He founded Coronation Merchant Bank in 2015 and has led the growth and expansion of the Coronation Ecosystem.

Achievements and awards

He was conferred with Commander of the Order of the Niger (CON) in 2011 by then President Goodluck Jonathan of the Federal Republic of Nigeria, for his contributions to the development of banking and finance. He was also awarded the National Productivity Order of Merit Award in 2009.[13] In 2011 he was inaugurated into the Ernst and Young World Entrepreneurs Hall of Fame as the Ernst & Young West Africa Entrepreneur of the Year,[14] as well as the African Banker Magazine's “African Banker of the Year” in 2013.[15][16] He is a member of the American Academy of Arts and Sciences[17] and was appointed a member of the International Advisory Board of Oxford University's Blavatnik School of Government.[18][19] He is a fellow of the African Leadership Institute affiliated with the Aspen Institute in Colorado, USA. He is also honorary fellow of the Chartered Institute of Bankers of Nigeria. In 2018, he was awarded the Honorary Doctor of Science (D.Sc) by the Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria.[20]

Philanthropy

He is the Founder and Chairman of the Africa Initiative for Governance, an independent non-profit that promotes good governancein Africa. AIG partners with Oxford University's Blavatnik School of Government, for scholarships that send qualified Africans to the Oxford for a Master of Public Policy degree and Fellowships for senior Public Servants.[21] The Africa Initiative for Governance (AIG) partnership will run for five years, from 2017/18 until 2021/22.[22]

Aig-Imoukhuede is the first African Co-Chairman of the Global Business Coalition on Health (GBC Health) and the Chairman of Friends of the Global Fund – Africa (Friends Africa).[23] In 2010, he made a $1 million contribution to the Global Fund, and he has since made donations to the Global Fund through the 'Gift from Africa' campaign.

He is currently the Chairman of ABCHealth, a regional non-profit established by the Aliko Dangote Foundation and GBCHealth. He is also a director of the Private Sector Health Alliance of Nigeria (PSHAN). In 2019, Aigboje initiated the Adopt-A-Healthcare-Facility Programme (ADHFP).

He is also the Vice Chairman of Global Citizen Nigeria and through a partnership with the Nigeria Sovereign Investment Fund (NSIA), has created the Nigerian Solidarity Support Fund (NSSF).

Personal life

Aigboje is married to Ofovwe Aig-Imoukhuede and they have four children together; Zoje, Aima, Renuan (and Morenike.

References
  1. Oyeyemi, Gbenga-Mustapha (9 February 2018). "Dangote, Aig-Imoukhuede seek African Union-Private sector collaboration on health". The Nation Online. Retrieved 24 December 2018.
  2. Editor (18 July 2018). "Africa Initiative for Governance picks four Nigerians, Ghanaian for scholarship". Guardian Nigeria. Retrieved 24 December 2018.CS1 maint: extra text: authors list (link)
  3. Samade, Alex (2 January 2013). "Aig-Imoukhuede: Why the subsidy cabal is fighting back". Vanguard Nigeria. Retrieved 24 December 2018.
  4. "Aigboje Aig-Imoukhuede". www.nse.com.ng. Retrieved 29 January 2019.
  5. Hyde, Peace (1 November 2016). "When We Started, All Hell Broke Loose". forbesafrica.com. Retrieved 29 January 2019.
  6. https://www.thenewsnigeria.com.ng/2015/01/13/welcome-to-octogenerian-club/. Missing or empty |title= (help)
  7. "Aigboje Aig-Imoukhuede". www.nse.com.ng. Retrieved 21 February 2019.
  8. https://www.bloomberg.com/research/stocks/private/person.asp?personId=30716517&privcapId=305358086. Missing or empty |title= (help)
  9. "NSE Appoints Mr. Aigboje Aig-Imoukhuede & Mr. Abimbola as first & second Vice-Presidents". NSE Appoints Mr. Aigboje Aig-Imoukhuede & Mr. Abimbola as first & second Vice-Presidents. Retrieved 29 January 2019.
  10. Ajanaku, Lucas (29 June 2015). "Sunmonu is Petralon Energy chair, Aig-Imoukhuede Director". The Nation. Retrieved 24 December 2018.
  11. Lambiase, Silvia (16 September 2017). "Aigboje Aig-Imoukhuede wins Entrepreneur of the Year award". Daily Times. Retrieved 24 December 2018.
  12. Adefaye (1 August 2013). "FMDQ OTC dealers platform set to commence operations". Vanguard Nigeria. Retrieved 24 December 2018.
  13. Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} People - Reuters.com". U.S. Retrieved 29 January 2019.
  14. Eno, John (8 November 2011). "Aig-Imoukhuede, Okoloko win awards". Vanguard Nigeria. Retrieved 24 December 2018.
  15. Udo, Bassey (30 May 2013). "Nigeria shines as GTBank, First Bank, Sanusi win at African Bankers Awards". Premium Times. Retrieved 24 December 2018.
  16. Reporter (5 June 2013). "PRESS RELEASE : AFRICAN BANKER OF THE YEAR AWARD". The New Times Rwanda. Retrieved 24 December 2018.
  17. Augoye, Jayne (13 April 2017). "Chimamanda, Jega, Aig-Imoukhuede, Mabogunje elected into American Academy of Arts and Sciences". Premium Times. Retrieved 24 December 2018.
  18. Adekunle (18 September 2017). "Aig-Imoukhuede joins University of Oxford advisory board". Vanguard Nigeria. Retrieved 24 December 2018.
  19. Onyenucheya, Adaku (18 September 2018). "Aig-Imoukhuede joins Oxford varsity advisory board". Guardian Nigeria. Retrieved 24 December 2018.
  20. Anonymous (5 February 2018). "Coronation Capital chairman, Aig-Imoukhuede, gets honorary doctorate from OOU". Business AM Live. Retrieved 24 December 2018.
  21. Adekunle (13 November 2018). "Aig-Imoukhuede and the Initiative for Public Governance". Vanguard. Retrieved 24 December 2018.
  22. "Africa Initiative for Governance Partnership". www.bsg.ox.ac.uk. Retrieved 29 January 2019.
  23. Opara, Stanley (4 February 2018). "Dangote, Aig-Imoukhuede drive AU private sector revolution". Punch. Retrieved 24 December 2018.
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