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Biography of Tajudeen Afolabi ADEOLA

Nigeria > Finance : Tajudeen Afolabi ADEOLA

Tajudeen Afolabi ADEOLA
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Biography :

Tajudeen Afolabi Adeola Known as Fola Adeola is the Nigerian current chairman of Eterna Oil & Gas plc is a Nigeria-based company. It is engaged in the manufacturing and marketing of lubricating oils and petro chemicals, importation and sale of fuels through its retail outlets, gas, power, upstream supply and technical services for companies in the oil industry.

Mr. Tajudeen Fola Adeola, FCA; OFR serves as the Chairman of Eterna Oil & Gas plc since July 2007. He received his professional training at Deloitte, Haskins and Sells as well as D.O. Dafinone & Co. He also received further professional development training at notable institutions worldwide including Havard Business School, INSEAD and the International Institute for Management Development. A fellow of the Institute of Chartered Accountants of Nigeria and Institute of Directors, Mr. Fola Adeola was the founder and the founding Managing Director/CEO of Guaranty Trust Bank Plc, a bank he managed until 2002 during which period GTB grew to become one of Nigeria’s strongest and credible banks. He successfully handed over in 2002 to his deputy and took up fellowship at Corporation for Enterprise Development, Washington D.C. to continue his research on economic development, looking at pension’s reform, entrepreneurship and financial services provisioning for poverty reduction. In May, 2004, Mr. Fola Adeola was invited by Mr. Tony Blair, British Prime Minister, to serve as a commissioner on the Commission for Africa, through which he attended the 2005 G8 meeting at Gleneagles, Scotland. Since then he has played a significant role in the public sector, where he became the pioneer Chairman of National Pensions Commission, following the promulgation into law by the National Assembly of the Nigerian Pension Bill, principally authored by him. He was also a member of the National Honors and Awards Committee and The Solid Minerals Committee. He served as Chairman of Asset & Resource Management Company Limited and is currently Chairman of Omatek Computers Limited, Socketworks Limited and Lotus Capital Limited and a director of UTC Plc. He served until 2006 as a member of Global Advisory Committee on Philanthropy at the World Economic Forum, attended the HRH the Duke of Edinburgh Commonwealth Study Conference in the UK and was invited to join 24 other business leaders for the Aspen Institute ISIB Annual Business Leaders Dialogue in Aspen, Colorado. He is currently the Chairman of FATE Foundation, a non – governmental organization dedicated to encouraging the creation of wealth through entrepreneurship, using an innovate mix of training, mentoring, loan support and consulting to support young Nigerians, which to date has serviced over 5,000 young Nigerian entrepreneurs. Mr. Fola Adeola graduated from Yaba College of Technology in 1975 and qualified as a Chartered Accountant in 1980.



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Last update : 12/10/2008

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