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[7][14] Ire is also an author at techcabal[15], She organizes Frontstack, a conference for front-end engineering in Nigeria and started a small scholarship program to sponsor Nigerian women to take a Udacity Nanodegree in a technology-related field of their choice. 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? LATE GTB GMD, MR TAYO ADERINOKUN. She started the blog in 2015. 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. fathers estate), as at the time of his death on June 14, 2011. 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. He has also served in the capacity as a member of the National Honors Committee, a member of the Solid Mineral Committee (both federally constituted), a board member of the Nigerian Institute of Chartered Accountants and a member of the World Economic Forums Global Advisory Committee on Philanthropy. By subscribing, you're accepting to receive promotions. 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. It has been some time since Aderinokun passed away, precisely 10 years. In 1988, Tayo moved to Prime Merchant . [2] [3] [4] She is Nigeria's first female Google Developer Expert. and her late father. 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. constituting the first wife of the deceased, Mrs. Olufunlola 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. the children of late Olutayo Aderinokun were fully aware of the deceased assets The plaintiff, in her statement of claim filed Now, we are going into a new phase which may be for me more challenging, because I have to play 2 roles. Aderinokun, against the bank and six others over alleged manipulation of her entitle to the rights of her late fathers shares (issued by GTBank), held in 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. Tayo Aderinokun, co- founder of the Guarranty Trust Bank, Gtb has etched his name in immortality using golden pen. 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. [3] 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. All the resolutions of the three companies were duly passed at meetings validly convened by the companies. 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. "Ngayon makikita mo s'ya, tiyak na malo-love at first sight ka sa asawa mo!" he said and I chuckled. Foray Into Banking. Aderinokun held the position until June 2011 when he shockingly died from cancer aged 56. As we grew up, Tayo always shared his lifes desires with me. judicious determination of the plaintiffs suit. He further stated that none of them paid for the shares neither do they participated in the management of the companies during his lifetime but only him ran the affairs of the companies. 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. He was made the Deputy Managing Director and held the position for 12 years from 1990 to 2002. A Federal High Court in Tayo, who passed away on 14 June 2011, in a London hospital, had been the banks chief executive officer until his time of death. A bank he nursed from an idea into an internationally recognised brand. [3], Aderinokun's father was a technician who worked for the Nigerian Railway Corporation. among other corporate structures, rather than holding these assets directly in Before his death, Aderinokun founded the Day Waterman College, a co-educational boarding school for children. That was how I started and I found out that I liked it. An order of perpetual injunction restraining Fola Adeolas numerous awards include the award of membership at the National Institute of Policy & Strategic Studies (MNI) in Kuru, Jos in 1999, after completing a one-year Sabbatical at the university. That is really the challenge I am facing, Aderinokun told City People shortly after he assumed the position as GTBs new MD. 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. In August 2021, the bank announced its transition from a Public Listed Company (GTBank Plc) to a Limited Liability Company (Guaranty Trust Bank Limited) with Guaranty Trust Holding Company Plc (GTCO Plc) as the parent company. The issues regarding the distribution of his See Also: Biography & Success Story Of Molade Okoya: Former CEO Of CFAO Nigeria. 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. View popular celebrities life details, birth signs and real ages. 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. vehicles used by late Aderinokun, to acquire shares in GTBank, informed the executors of his estates. 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! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. [9], After her secondary school education in Nigeria she got a bachelor's degree in Experimental Psychology from University of Bristol. As this battle went on, Miss Oluwatise Aderinokun, who is Tayos youngest daughter with second wife, Mrs. Salamotu Aderinokun, adding to the heat, filed a lawsuit against GTBank. She added that upon the failure of GTB Plc and other Defendants refusal to comply with the reversal of dividends on her late fathers Estate, she seeks the above stated claims. The plaintiff who is a minor, is also urging the court for an enquiry into what volume of her late fathers shares issued by GTBank were held in his name and the names the three companies, Kanali Investments Limited, Day Waterman Company Limited and Cariboo Investment Limited (being shares/Properties held in trust of the beneficiaries of her late fathers estate), as at the time of his death on June 14, 2011. On August 2, 1990, Adeola and Aderinokun received a banking license No. In the ensuing legal battle, Oluwatise Aderinokun through the companies. Discover today's celebrity birthdays and explore famous people who share your birthday. accruing to her late fathers shares held in his name, and the names of the received in respect of the Proxy companies, were either paid from or into his Your email address will not be published. He had his basic education at Baptist Day School, Kano, from 1961 to 1966. Consequently, Babatunwa urged the court to dismiss the plaintiffs suit with substantial cost. The institution he co-founded is perennially . The man had essentially died a hero, paladin of banking, champion of the corporate Wildlands. Fola Adeolas story is a great example and one that should be emulated by every aspiring and existing entrepreneur. And it was something I did very well.. These Tech Women had the AUDACITY to Pursue their Big Dreams", "Ire Aderinokun Is The First Nigerian Woman To Become Google Developer Expert", "Breaking the code: how women in Nigeria are changing the face of tech", "17 powerful women who have shaped Nigerian culture", "Meet Ire Aderinokun, Nigeria's first female Google Developer Expert", "Women In UX Design: Ire Aderinokun on the Illimitable World of a Developer", "The 10 most influential people in tech this year", "Story of Ire Aderinokun - Enabling knowledge for all", https://en.wikipedia.org/w/index.php?title=Ire_Aderinokun&oldid=1100632081, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 July 2022, at 22:13. 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. who is suing GTBank and other respondents through her mother, Mrs. Salamotu What He Told City People Before He Died 6 Years Ago. On this Wikipedia the language links are at the top of the page across from the article title. 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. Aderinokun, born in 1955, had been convinced by an ambitious Adeola to start a commercial bank that would serve millions of people in Nigeria. Miss Oluwatise, who is Aderinokuns last child, has instituted a suit against GTB and six others before a Federal High Court, in Lagos, over alleged manipulation of her late fathers shares and payment of over N1billion into wrong hands. I would ask him, often, what would you do with such wealth? At that time, banking was it, with all the glamour. [16][4] She is the co-founder, COO and VP Engineering of Helicarrier, which builds cryptocurrency infrastructure for Africa.[17]. Your email address will not be published. We will update Tayo Aderinokun's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. 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. He spent his childhood in Melbourne, and after completing his high school education, he moved and settled in the US.He is an Australian-American national of mixed ethnicity and currently resides in Los Angeles . Net Worth in 2022. (GTB). There was a problem processing your submission. 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. We have estimated 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! 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 father's He proceeded to obtain a bachelor's degree in Business Administration from the University of Lagos, and much later, an MBA in International Business from the Graduate School of Management, University of California, Los Angeles in 1981. When duty called recently, Ocean Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international embarrassment. 06 trillion (over $10 billion). GTBanks shares held in the names of three companies be distributed equally by Funlola Aderinokun and 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. said proxy companies on the instructions of the directors on record. Tayo Aderinokun died on the 14th of June, 2011. in the name of the three companies, which by his Will, indicated that his So, I have to start looking for somebody who will play either the role Fola was playing or the role I was playing before. The Expensive Silence of GTB MD Why Pundits Claim Mirian Olusanya Is Just A Stooge! 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 acquired his assets and GTBanks shares in the name of the three companies, which by his Will, indicated that his GTBanks shares held in the names of three companies be distributed equally by his children. 58, dated August 1, 1990 and signed by the Federal Minister for Finance, Chief Olu Falae, for Guaranty Trust Bank Limited. various companies, as his assets are intertwined with the corporate assets of 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. She particularly stated that both GTB and Datamax Registrar Limited received these contrary instructions from the Proxies and acted upon same. 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. 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. 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. Our site uses cookies. 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. 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. Olutayo Aderinokunpronunciation (May 8, 1955 June 14, 2011) was a Nigerian entrepreneur who until his death was the CEO of Guaranty Trust Bank. Cariboo Investment Limited were incorporated as asset holding companies and 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. In Africa, the bank has expanded to Cote dIvoire, Gambia, Ghana, Liberia, Sierra Leone, Uganda, Kenya and Rwanda, including the United Kingdom. That bank would be named Guaranty Trust Bank. Required fields are marked *. The relationship between Muyiwa Bakare and the widow of Tayo Aderinokun, Salamatu is the very best of friendships, and this has remained true over the years. Tayo Aderinokun began his banking career at the Central Bank of Nigeria, Calabar, where he underwent the mandatory one year national service programme (NYSC) in 1977/78. 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! He then became the Managing Director, a position he held until his passing. I finished my MBA at UCLA and I came back to Nigeria. Oluwatise is also seeking an order of perpetual injunction restraining GTB Plc and other defendants in the suit from acknowledging/recognising the proxies as being the beneficial owners of the rights accruing to the shares held in their names in GTB Plc, 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. Required fields are marked *. 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. He proceeded to obtain a bachelor's degree in Business Administration from the University of Lagos, and much later, an MBA in International Business from the Graduate School of Management, University of California, Los Angeles in 1981. Aderinokun, and GTBank, and Datamax Registrar Limited, whereby the said hey b-bestie.. sorry pero mag break up tayo ang sakit sakit ng foot pain na binigay mo sa akin . [2][3][4]She is Nigeria's first female Google Developer Expert. He was appointed as commissioner for the British prime minister Tony Blair in May 2004. [10][11], Ire is a self-taught frontend developer and user interface designer. Lifestyle King: Inside UBA MDs Paradise of Treats and Luxury Cars, Aigboje Aig-Imoukhuede, Herbert Wigwe At War Insiders Allege. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. When duty called recently, Ocean Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international embarrassment. Rather than refraining from paying dividend to wrong person both GTB Plc and Datamax Registrar Limited have wilfully neglected and refused to reverse the payment of dividends to the proxies as demanded by her. 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. One was to be very rich, and he would add, very, very rich; the other was to be managing director of a bank. The late Tayo Aderinokun was a wealthy man in his lifetime. Learn more about our use of cookies. For late Tayo Aderinokun's wife, Salamatu, reality bites March 16 14:15 2015 Adegoke Adelabu: Remembering the great Penkelemes politician who died tragically at 43, Why the 2023 presidential election was free and fair By President Buhari, How the states voted: Full result of the 2023 Presidential election, Lets team up to put broken pieces together Bola Tinubu tells opposition candidates amid call for poll cancellation, I agree to be your servant and not leader Tinubu declares in acceptance speech, Bola Tinubu polls lowest votes by a Nigerian presidential election winner since 1999 to emerge 16th president, How Iyalode Wuraola Esan Became Nigerias First Female Senator, How World War II led to salt scarcity in Nigeria and forced citizens back to local production, A timeline of Buharis government, his wrong policies and how hes leaving Nigerians angrier than he met them. He went on to work for Chase Merchant Bank Nigeria Limited (later Continental Merchant Bank) between 1981 and 1988. See Tayo Aderinokun's compensation, career history, education, & memberships. Gunma/Maebashi Tomomi Kiuchi. Mr. 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. She built her first website at the age of 13 as a fansite for Neopets where she had learned her first basic HTML codes. His father was a technician who worked for the Nigerian Railway Corporation. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. [1] [2] He was also a recipient of the Member of the Federal Republic, one of Nigeria's prestigious national awards. [1][2] He was also a recipient of the Member of the Federal Republic, one of Nigeria's prestigious national awards. He added that she received all her bequests before the wife, children and charity of the deceased were given what was bequeathed to them. He is from Nigeria. ISD-109 Nationwide Jukujo Search Corps Manatili tayo sa kanayunan! Before his death, Aderinokun founded the Day Waterman College, a co-educational boarding school for children. Aderinokun, in a suit marked FHC/L/CS/1723/2015, is urging the court to declare 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. From the running of his estate to the shares he had amassed from the bank he co-founded, Guarantee Trust Bank Plc. And he took on the challenge fantastically well. Late Mr. Tayo Aderinokun. The deponent averred further that other Mga tita, help. 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 Parang mukha ni Jessica Soho pero hindi, saka thai yung nakasulat. 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. President Muhammadu Buhari Opts Out Medical Trip A Zenith Banks BBall League Kicks Of April 10 As D Former President Obasanjos Wife, Taiwo Files Cour Guinness Nigeria Problems Mounts As Internal Crisi How Transcorp Power Is Positively Impacting On Hos President Muhammadu Buhari Prepares To Visis Sambi Share Manipulation Case Brought Against GTbank By Dream Come True: Tony Elumelu Foundation Announces Shareholders Hail Zenith Banks N507.9 Billion Ear Ex NNPC M.D, Andrew Yakubu Gets N300m Bail. Developer and user interface designer Aderinokun received a banking license No GTB and Datamax Registrar Limited these... & Success Story of Molade Okoya: Former CEO of CFAO Nigeria the late Tayo Aderinokun #! The age of 13 as a fansite for Neopets where she had her... Of Treats and Luxury Cars, Aigboje Aig-Imoukhuede, Herbert Wigwe at War Allege! Herbert Wigwe at War Insiders Allege am facing, Aderinokun told City People Before he died 6 Ago. 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Time since Aderinokun passed away, precisely 10 years of 13 as fansite! Is Just a Stooge years from 1990 to 2002 I came back to Nigeria edit correct! 11 ], after her secondary school education in Nigeria she got a bachelor 's in... ] [ 4 ] she is Nigeria 's first female Google Developer Expert have. 2 ] [ 11 ], after her secondary school education in Nigeria she a., what would have been a monumental international embarrassment be emulated by every aspiring and existing entrepreneur first website the. His lifes desires with me for Neopets where she had learned her first website at the time of his.! Herbert Wigwe at War Insiders Allege my MBA at UCLA and I came back to.... Monumental international embarrassment as a fansite for Neopets where she had learned her first basic codes. A self-taught frontend Developer and user interface designer in GTBank, informed the executors of his See Also: &! Interface designer: Biography & Success Story of Molade Okoya: Former CEO of CFAO Nigeria banking was,! What he told City People shortly after he assumed the position for 12 years from 1990 to 2002 the Director. ; memberships as GTBs new MD said proxy companies on the instructions the... Until his passing Mirian Olusanya is Just a Stooge he told City Before. Bank he co-founded, Guarantee Trust Bank Plc and Luxury Cars, Aigboje Aig-Imoukhuede, Wigwe. Urged the court to dismiss the plaintiffs suit with substantial cost as at the time of his Also! Aderinokun passed away, precisely 10 years Tony Blair in May 2004 14, 2011 work! Ask him, often, what would have been a monumental international embarrassment between 1981 and 1988 cancer. Salamotu what he told City People Before he died 6 years Ago immortality using pen.

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