Mr. WAHEED OLAGUNJU

Mr. WAHEED OLAGUNJU: Mr. Waheed Olagunju has been the Chief Executive Officer and Acting Managing Director of Bank of Industry Limited (BoI) and serves as its Executive Director. He joined the Bank of Industry’s precursor institution the Nigerian Industrial Development Bank (NIDB) in 1990 as a Senior Manager and rose to the position of Executive Director (Business Development) in 2012. He also acted as Managing Director/Chief Executive Officer of the Bank of Industry (BOI) between 11th April and 16th May, 2014 and was later reassigned the Executive Director (Small and Medium Enterprises). Due to his versatility, Mr. Olagunju consistently demonstrated extraordinary capacity and capability in successfully taking on higher responsibilities assigned to him in the course of his over twenty-five (25) years banking career by the bank’s successive Managements and Boards of Directors. Prior to Mr. Olagunju’s appointment as a member of the Bank of Industry’s Board of Directors in 2012, he served as the Company Secretary of BOI for 15 years (1997 – 2012) and concurrently as General Manager, Strategic Planning and Corporate Communications between 2007 and 2012. In those capacities he was one of the architects and strong drivers of BOI’s outstanding turnaround and transformation into one of Africa’s best Development Finance Institutions (DFI). Before embarking on his banking career, Mr. Olagunju had a distinguished nine-year broadcast career at the Nigerian Television Authority (NTA) between July 1981 and July 1990 – inclusive his NYSC. As a highly resourceful professional, Mr. Olagunju rose to the position of Controller of News and Head of the Economy Desk at NTA News before he joined the Nigerian Industrial Development Bank in August 1990. Mr. Olagunju who was actively involved with the reconstruction of NIDB into BOI (2000-2001) and the consolidation of the mandates of NIDB, the Nigerian Bank for Commerce and Industry (NBCI) and the National Economic Reconstruction Fund (NERFUND) into that of the Bank of Industry, worked very closely with then leadership of the Federal Ministry of Industry and Messrs. KPMG, the consultancy firm that was engaged to handle the exercise. In the early years of BOI, Mr. Olagunju also coordinated the diagnostic study of the bank that was undertaken between 2004 and 2005 by the Swedish Consultants (Messrs. Swedish Development Advisers) who were appointed by the African Development Bank. He similarly played a leading role in the implementation of their recommendations that formed a vital input into BOI’s paradigm shift that triggered the bank’s rapid transformation in 2006. He has all along been a strong member of BOI’s Senior Management team, and later it’s Board of Directors, that has been driving the bank’s highly impressive performance. Mr. Olagunju bagged his Bachelors and Masters degrees from the University of Lagos in 1981 and 1984 respectively as well a professional certificate in Investment Appraisal and Risk Analysis from the Queens University, Canada in 2013.