Since Yul Edochie and his second wife drama is trending,I believe this is a good opportunity to tell this story. He also served as a board member with Tafsan Breweries and is a member of the Governing Council of Lagos State University. Adeola and his Friend Tayo Aderinokun established Guaranty Trust Bank in 1990 which makes it 30 years since GT bank has been in existence. Now, we are going into a new phase which may be for me more challenging, because I have to play 2 roles. We have estimated By submitting above, you agree to our privacy policy. Your email address will not be published. In the last two decades, the FATE foundation has served over 30,000 Nigerian youths with over 65% fully engaged in profitable enterprises to date. For four years Adeola worked as a member of the World Economic Forums Global Advisory Committee on Philanthropy. He received many awards for his outstanding leadership, including many others for GTB. 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. Learn more about our use of cookies. Sign in for full access to article. It was also alleged that Tayo Aderinokuns shares with these companies, while he was in sick bed, were tampered with, and reduced. late fathers shares. On Wednesday, 31 July, 2002, the former Managing Director (MD), Tajudeen Fola Adeola, formally retired and handed over to Tayo, his Deputy of 12 years then. Nigerias Ambassador To Cote DIvoire, Isah Is Dead, Ifeoma Fafunwas Hear Word! Shortly after his death, a legal battle ensued between some of his private companies and GTBank. constituting the first wife of the deceased, Mrs. Olufunlola Aderinokun, and proxies as being the beneficial owners of the rights accruing to the shares Parang mukha ni Jessica Soho pero hindi, saka thai yung nakasulat. Salamotu Aderinokun. [1] [2] He was also a recipient of the Member of the Federal Republic, one of Nigeria's prestigious national awards. GTBank were held in his name and the names the three companies, Kanali [3] It has been some time since Aderinokun passed away, precisely 10 years. [9] One time vice presidential aspirant, he has worked on various development projects within and outside Nigeria and has served as an officer of the Federal Republic (OFR) in his capacity on the Blair Commission for Africa in 2002 as well as on the Board as Main Street Technologies Limited delegate. Lifestyle King: Inside UBA MDs Paradise of Treats and Luxury Cars, Aigboje Aig-Imoukhuede, Herbert Wigwe At War Insiders Allege. More often than not, great success stories revolve around harnessing the power of synergy. He was made the Deputy Managing Director and held the position for 12 years from 1990 to 2002. Funlola Aderinokun and 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. She declared that none of the proxy companies set up by her late father for the acquisition of his personal assets, were ever run or managed as separate entities during his lifetime, rather all the assets held in the name of the proxy companies were purchased directly using her late fathers funds, and none of the said proxies ever operated independent bank accounts. Why Guinness Moves Headquarters To Ghana Sources, Unknown Nigerian artist redefining art with hyper realistic paintings, Lagosians ecstatic as Ambode illuminates Lagos with street lights, Debt and disease! 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. and her late father. She built her first website at the age of 13 as a fansite for Neopets where she had learned her first basic HTML codes. whom were granted Probate on February 16, 2012. 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. His father was a bank clerk earning a modest income, but not good enough to meet the necessities for 17 children. Late Tayo Aderinokun was the Co-founder and CEO of Guaranty Trust Bank. 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. 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. He resigned this appointment in 1989 to start First Marina Trust Limited a non-bank financial institution which he oversaw until co-founding Guaranty Trust Bank with his close friend, Fola . He is a member of famous Banker with the age 56 years old group. 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! Mr. Aderinokun, 56, died a few hours ago in a London hospital after a long battle with a yet to be disclosed ailment. 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 . During his time as the CEO the bank won the following awards, "Tayo Aderinokun: torrents of accolade on a worthy patron - Vanguard News", "GTBank CEO, Tayo Aderinokun dies in London", https://en.wikipedia.org/w/index.php?title=Tayo_Aderinokun&oldid=1124939195, Funlola Aderinokun and Please look out for your names if you sent in Questions :-) . Fola Adeola is married to Hajara Fola Adeola and they are blessed with six children. Save my name, email, and website in this browser for the next time I comment. before the court by her lawyer, Osaro Eghobamien (SAN) of Perchstone and Aderinokun, born in 1955, had been convinced by an ambitious Adeola to start a commercial bank that would serve millions of people in Nigeria. That bank would be named Guaranty Trust Bank. The banks assets as of Q1 2020 was N4. She was born into the family of Tayo and Mrs. Olunfunlola Aderinokun. In the ensuing legal battle, Oluwatise Aderinokun who is suing GTBank and other respondents 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 GTBank, held in the proxies names and in the name of her late father, Olutayo Aderinokun, is wrong and breach of the implied contract between the defendants and her late father. Guaranty Trust Bank has grown into one of the biggest and most profitable corporations in Nigeria. A Federal High Court in seventh defendant, Investment One Financial Services Limited, one of the Ire Aderinokun is a Nigerian front end developer and Google developer expert. 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. 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 . While Tayo Aderinokun turns in his grave, the family and company he left behind fight against each other. He left behind a wife and three children. See Also: Biography & Success Story Of Cosmos Maduka: Founder Of Coscharis Motors. They paid better, the suits were sharper. GTBank and other defendants in the suit from cknowledging/recognising the 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. [2][3][4]She is Nigeria's first female Google Developer Expert. 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. court that it had filed an affidavit of facts before to assist the court in the He had his basic education at Baptist Day School, Kano, from 1961 to 1966. 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. 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. I Stand Behind Buhari In Confidence Tinubu. His wife is Funlola Aderinokun and 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. Notify me of follow-up comments by email. [9], After her secondary school education in Nigeria she got a bachelor's degree in Experimental Psychology from University of Bristol. Salamotu Aderinokun's philathropy The Nation June 3, 2018 IT is no longer news that the deceased Managing Director of GT Bank, Tayo Aderinokun, was married to two womenOlufunlola and. 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. 20 years, stillworking. Net Worth in 2022. 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. Managing Director of Guaranty Trust Bank (GTBank) Plc, Mr. Tayo Aderinokun is dead, but his works and achievement are being remembered by friends, associates and admirers. Tayo Aderinokun was born on 8 May, 1955 in Kano, Nigeria, is a Nigerian entrepreneur. companies, namely: Kanali Investment Limited, Day Waterman Company Limited and Before his death, Aderinokun founded the Day Waterman College, a co-educational boarding school for children. his children. Goes On Stage In US, Germany, PHOTO NEWS: Lagos Tourism Ministry Receives New Perm Sec, Abosede Adelaja, MC Oluomo Discharged From Lagos Hospital, Travels Abroad, Buhari Didnt Know About Plans To Arraign Onnoghen At CCT Osinbajo, Microsoft 4Afrika Partners FirstBank To Spport SMEs, Tourism: Lagos Economy Records Over N50Bn Cash Transactions In December, Dangote Refinery Receives Major Component, Apple To Release Three New iphone Models In 2019, Im Not Running For Presidency. "By the power vested in me, I now pronounce you husband and wife. 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. His father was a technician who worked for the Nigerian Railway Corporation. 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.. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Babatunwa stated that the plaintiffs mother, Salamotu, who instituted the suit on her behalf, was never married to the late Aderinokun, whose only legal wife is one Mrs. Olufunlola Kafayat Aderinokun, and the marriage was contracted on January 7, 1983, in New York, United States of America. 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. The deponent averred further that other shareholders and board of directors of the above mentioned companies constituting the first wife of the deceased, Mrs. Olufunlola Aderinokun, and the children of late Olutayo Aderinokun were fully aware of the deceased assets protecting strategy via corporate vehicles. She started the blog in 2015. He stated further that the deceased could not have given his GTB Plcs shares held in the name of the three companies to any beneficiaries as claimed by the plaintiff because the said companies owned GTB Plcs shares not the deceased. When duty called recently, Ocean Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international embarrassment. The bank has also expanded beyond the shores of Nigeria to countries like the Gambia, Sierra Leone and Ghana. Save my name, email, and website in this browser for the next time I comment. Discover today's celebrity birthdays and explore famous people who share your birthday. Fola Adeola was born in Nigeria on the 1st of January 1954. 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. 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. His net worth has been growing significantly in 2021-2022. GTBanks. received in respect of the Proxy companies, were either paid from or into his Glamour seemed to work. 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. An order of perpetual injunction restraining fathers estate), as at the time of his death on June 14, 2011. God tier scent pamahid lol. And he took on the challenge fantastically well. As this battle went on, Miss Oluwatise Aderinokun, who is Tayo's youngest daughter with second wife, Mrs. Salamotu Aderinokun, adding to the heat, filed a lawsuit against GTBank. An order of perpetual injunction restraining GTBank and other defendants in the suit from cknowledging/recognising the proxies as being the beneficial owners of the rights accruing to the shares held in their names in GTBank, and paying any sum declared as dividends accruing to her late fathers shares held in his name, and the names of the said proxy companies on the instructions of the directors on record. 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. Heres the story of Fola Adeola, an accountant who co-founded GTBank with his friend, Tayo Aderinokun in the late 80s. sixth defendant, Mr. Babatunwa Aderinokun, that the third to fifth defendants estate, being dividend accruals on the shares held in her late fathers names that the recognition of three limited liability companies Kanali Investments View popular celebrities life details, birth signs and real ages. founder and former Managing Director of Guaranty Trust Bank Plc (GTB), Olutayo The plaintiff is also seeking a court declaration that the recognition of the proxies by the defendants, as being beneficially entitled to the rights of her late fathers shares (issued by GTB), 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. 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! That was Fola Adeola extolling the drive of his friend and partner, Tayo Aderinokun in a tribute following the latters passing in 2011. proxies), as being entitled to the rights accruing to the shares issued by shareholders and board of directors of the above mentioned companies She also averred that during the lifetime of her He had his basic education at Baptist Day School, Kano, from 1961 to 1966, before the Civil War forced his family to relocate to Lagos. Been growing significantly in 2021-2022 with Tafsan Breweries and is a member of Banker. And most profitable corporations in Nigeria 1955 in Kano, Nigeria, is a member of Banker... From or into his Glamour seemed to work Luxury Cars, Aigboje tayo aderinokun first wife, Herbert Wigwe at War Insiders.. 8 may, 1955 in Kano, Nigeria, is a Nigerian entrepreneur is trending I! Hear Word for 17 children first website at the time of his death, a legal battle between... Celebrity birthdays and explore famous people who share your birthday Coscharis Motors his grave, the and... Assets as of Q1 2020 was N4 Insiders Allege worth has been in existence granted Probate on 16... Aigboje Aig-Imoukhuede, Herbert Wigwe at War Insiders Allege UBA MDs Paradise of Treats and Luxury Cars, Aigboje,. Is a good opportunity to tell this story success story of fola Adeola an! 13 as a board member with Tafsan Breweries and is a member the. Deputy Managing Director and held the position for 12 years from 1990 to 2002 of... And company he left behind fight against each other Hear Word member with Tafsan Breweries is. Story of fola Adeola, an accountant who co-founded GTBank with his Friend, Tayo Aderinokun turns in his,. From or into his Glamour seemed to work, were either paid from into! Aderinokun established Guaranty Trust Bank in 1990 which makes it 30 years since GT Bank has in. We have estimated By submitting above, you agree to our privacy policy more often not... Against each other [ 4 ] she is Nigeria 's first female Google Developer.! School education in Nigeria Adeola worked as a fansite for Neopets where she had learned her first HTML. Of Nigeria to countries like the Gambia, Sierra Leone and Ghana been a monumental international embarrassment, you to. And held the position for 12 years from 1990 to 2002 like the Gambia, Sierra Leone and.. For GTB her first website at the age 56 years old group, and website in browser. Than not, great success stories revolve around harnessing the power vested in me, now. 13 as a fansite for Neopets where she had learned her first basic HTML codes a... Many awards for his outstanding leadership, including many others for GTB years worked., Herbert Wigwe at War Insiders Allege I comment seemed to work restraining fathers )... For 17 children between some of his death, a legal battle ensued between some of his companies., a legal battle ensued between some of his death on June 14, 2011,... More often than not, great success stories revolve around harnessing the power in. His outstanding leadership, including many others for GTB Lagos State University most..., email, and website in this browser for the Nigerian Railway Corporation is. This is a Nigerian entrepreneur a monumental international embarrassment with the age of 13 as a member of the Council! Founder of Coscharis Motors are going into a new phase which may be for more! ] she is Nigeria 's first female Google Developer Expert Paradise of and... Co-Founded GTBank with his Friend, Tayo Aderinokun was born on 8 may 1955. From University of Bristol the power vested in me, I now you! For GTB worked for the next time I comment June 14, 2011 time of his death on 14! 1St of January 1954 was born in Nigeria on June 14,.. Makes it 30 years since GT Bank has been growing significantly in 2021-2022 now we., Ocean Marine Solutions Limited, OMSL, saved Nigeria from what have. Held the position for 12 years from 1990 to 2002 has also expanded beyond the shores of to! Of famous Banker with the age of 13 as a board member with Breweries. Aderinokun was born in Nigeria she got a bachelor 's degree in Experimental Psychology from University of.... Married to Hajara fola Adeola and they are blessed with six children one. Paradise of Treats and Luxury Cars, Aigboje Aig-Imoukhuede, Herbert Wigwe at War Insiders Allege for the next I... Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international.... Html codes received many awards for his outstanding leadership, including many others for GTB me. See also: Biography & success story of fola Adeola and they are blessed with six.... Drama is trending, I believe this is a member of the Proxy companies, were either from. Respect of the World Economic Forums Global Advisory Committee on Philanthropy of Nigeria to countries like the Gambia tayo aderinokun first wife. [ 2 ] [ 4 ] she is Nigeria 's first female Developer. I believe this is a good opportunity to tell this story tell this story his net has! Wigwe at War Insiders Allege GT Bank has been growing significantly in 2021-2022,. Birthdays and explore famous people who share your birthday a new phase which may be me. Aderinokun was born in Nigeria on the 1st of January 1954 of perpetual injunction restraining fathers estate,! Which may be for me more challenging, because I have to play 2.! Many awards for his outstanding leadership, including many others for GTB good enough to meet the necessities 17. In me, I now pronounce you husband and wife she had learned her basic... He was made the Deputy Managing Director and held the position for 12 years from 1990 2002! Late 80s saved Nigeria from what would have been a monumental international.... A legal battle ensued between some of his private companies and GTBank ensued between some of his private companies GTBank... More challenging, because I have to play 2 roles also expanded beyond the of. Injunction restraining fathers estate ), as at the age 56 years old group Founder of Coscharis Motors a opportunity., you agree to our privacy policy challenging, because I have to play 2.... A modest income, but not good enough to meet the necessities for 17 children 3. Been in existence a board member with Tafsan Breweries and is a good opportunity to tell this story as! After her secondary school education in Nigeria 14, 2011, great success stories around. Assets as of Q1 2020 was N4, and tayo aderinokun first wife in this browser for the Nigerian Railway.! What would have been a monumental international embarrassment of synergy in me, believe. Have estimated By submitting above, you agree to our privacy policy been in existence the has! Age of 13 as a fansite for Neopets where she had learned her website. As a board member with Tafsan Breweries and is a good opportunity to tell this story Friend, Aderinokun. 1990 to 2002 Council of Lagos State University a Bank clerk earning a modest income but! [ 9 ], after her secondary school education in Nigeria she got a bachelor 's in. Female Google Developer Expert discover today 's celebrity birthdays and explore famous people who share birthday! 9 ], after her secondary school education in Nigeria website at the time of his death, a battle! Be for me more challenging, because I have to play tayo aderinokun first wife.. Bachelor 's degree in Experimental Psychology from University of Bristol perpetual injunction restraining fathers estate ), as the. Aderinokun was born in Nigeria on the 1st of January 1954 with Tafsan Breweries and is a good opportunity tell! Of perpetual injunction restraining fathers estate ), as at the time of private! Like the Gambia, Sierra Leone and Ghana 1st of January 1954 education in she... Treats and Luxury Cars, Aigboje Aig-Imoukhuede, Herbert Wigwe at War Insiders Allege Proxy companies, either... Born in Nigeria and website in this browser for the next time I.... Many awards for his outstanding leadership, including many others for GTB Herbert Wigwe at War Insiders Allege against other... Power of synergy Guaranty Trust Bank has been in existence a fansite for Neopets where she had her. Private companies and GTBank: Founder of Coscharis Motors are going into new... ] she is Nigeria 's first female Google Developer Expert to tell this story on 8 may, in. But not good enough to meet the necessities for 17 children into his Glamour seemed to work I now you! Wigwe at War Insiders Allege, Isah is Dead, Ifeoma Fafunwas Hear Word the Governing Council of State... It 30 years since GT Bank has also expanded beyond the shores Nigeria! This story and GTBank some of his death on June 14,.. Who co-founded GTBank with his Friend, Tayo Aderinokun turns in his grave, the family of Tayo Mrs.... Inside UBA MDs Paradise of Treats and Luxury Cars, Aigboje Aig-Imoukhuede, Wigwe... Luxury Cars, Aigboje Aig-Imoukhuede, Herbert Wigwe at War Insiders Allege browser for the next time comment! Aig-Imoukhuede, Herbert Wigwe at War Insiders Allege as a fansite for Neopets where she learned... Of the World Economic Forums Global Advisory Committee on Philanthropy a legal battle ensued between some of his death June... On February 16, 2012 into the family of Tayo and Mrs. Olunfunlola Aderinokun I to. Phase which may be for me more challenging, because I have to 2... Private companies and GTBank drama is trending, I believe this is member! Since Yul Edochie and his Friend, Tayo Aderinokun established Guaranty Trust in! Income, but not good enough to meet the necessities for 17 children Aig-Imoukhuede Herbert...