Aigboje Aig-Imoukhuede
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Aigboje Aig-Imoukhuede FCIB, CON (born 24 September 1966) is a Nigerian banker, investor and philanthropist. He was the former group managing director (GMD) and chief executive officer (CEO) of
Access Bank Plc Access Bank plc, commonly known as Access Bank, is a Nigerian Multinational corporation, multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator. Originally a cor ...
. He is the founder and chairman of Coronation Capital Limited and its affiliates, Coronation Asset Management Ltd and Trium Ltd. He founded Africa Initiative for Governance (AIG) in 2014. 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). Aigboje is also a past President of The
Nigerian Stock Exchange The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the ...
(now
Nigerian Exchange Group The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the ...
) where he took over from
Aliko Dangote ''For people with the given name, see Aliko (given name).'' Aliko ( sq-definite, Alikoi; ) is a village and a former commune in Vlorë County, southern Albania. At the 2015 local government reform it became a subdivision of the municipality Finiq ...
, the founding Chairman of th
FMDQ OTC Exchange
Chairman of EnterpriseNGR and co-founder of Tengen Family Office


Early life

Aig-Imoukhuede was born on 24 September 1966 in
Ibadan Ibadan (, ; ) is the capital and most populous city of Oyo State, in Nigeria. It is the third-largest city by population in Nigeria after Lagos and Kano, with a total population of 3,649,000 as of 2021, and over 6 million people within its me ...
,
Oyo State Oyo State is an inland state in southwestern Nigeria. Its capital is Ibadan, the third most populous city in the country and formerly the second most populous city in Africa. Oyo State is bordered to the north by Kwara State, to the east by Osun ...
in Western Nigeria to parents who were in the civil service. His father, Frank Aig-Imoukhuede and mother, Historian Emily Aig-Imoukhuede(née Ihonde) had 3 other children, Erekpitan, Oluwakemi and Aigbovbioise. He hails from Sabongida-Ora,
Edo State Edo, commonly known as Edo State, is a state located in the South-South geopolitical zone of Nigeria. As of 2006 National population census, the state was ranked as the 24th populated state (3,233,366) in Nigeria, However there was controversy ...
in Southern Nigeria. He lived with his family in
Lagos Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national ca ...
but went to Federal Government College
Kaduna Kaduna is the capital city of Kaduna State, and the former political capital of Northern Region, Nigeria, Northern Nigeria. It is located in north-western Nigeria, on the Kaduna River. It is a trade Centre and a major transportation hub as the ...
, 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 Bachelor of Laws ( la, Legum Baccalaureus; LL.B.) is an undergraduate law degree in the United Kingdom and most common law jurisdictions. Bachelor of Laws is also the name of the law degree awarded by universities in the China, People's Republic ...
degree in 1986 at age 19 and was called to the Nigerian Bar in 1987. He holds a Trium
MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
, awarded jointly by the
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...
,
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...
, and
HEC Paris HEC Paris (french: École des hautes études commerciales de Paris) is a business school, and one of the most prestigious and selective grandes écoles, located in Jouy-en-Josas, France. HEC offers Master in Management, MSc International Fi ...
. In 2000 he attended a three-month Executive Management Programme course at
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
.


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. 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 The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the ...
in 2017, but he remains on the National Council as an ex-officio. 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 and retired as the chairman of Wapic Insurance Plc where he has been its director since November 2011. Aig-Imoukhuede also served as board chairman and director of FMDQ OTC PLC until August 1, 2014. He founded Coronation Merchant Bank in 2015 and has led the growth and expansion of the Coronation Ecosystem. In October 2021, Aigboje collaborated with the office of the Head of
Nigerian Civil Service The Nigerian Civil Service consists of employees in Nigerian government agencies other than the military and police. Most employees are career civil servants in the Nigerian ministries, progressing based on qualifications and seniority. Recently t ...
(OHCSF), led by
Folashade Yemi-Esan Folashade Mejabi Yemi-Esan (née Mejabi; born 13 August 1964), is a Nigerian civil servant and the current head of the civil service of the federation, since 28 February 2020. She was sworn in by the president of Nigeria, Muhammadu Buhari on 4 ...
to digitalize work processes and public service delivery.


Achievements and awards

He was conferred with
Commander of the Order of the Niger Nigeria became an independent country on 1 October 1960 and in 1963 became the Federal Republic of Nigeria. The republic instituted two orders of merit: the Order of the Niger and the Order of the Federal Republic. Award The two highest honour ...
(CON) in 2011 by then President
Goodluck Jonathan Goodluck Ebele Azikiwe Jonathan (born 20 November 1957)Lawson Heyford, ''The Source'' (Lagos), 11 December 2006. is a Nigerian politician who served as the President of Nigeria from 2010 to 2015. He lost the 2015 presidential election to fo ...
of the
Federal Republic of Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of G ...
, for his contributions to the development of banking and finance. He was also awarded the National Productivity Order of Merit Award in 2009. In 2011 he was inaugurated into the
Ernst and Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewaterh ...
World Entrepreneurs Hall of Fame as the Ernst & Young West Africa Entrepreneur of the Year, as well as the African Banker Magazine's “African Banker of the Year” in 2013. He is a member of the
American Academy of Arts and Sciences The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and ...
and was appointed a member of the international advisory board of
Oxford University Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...
's
Blavatnik School of Government The Blavatnik School of Government is a school of public policy founded in 2010 at the University of Oxford in England. The School was founded following a £75 million donation from a business magnate Leonard Blavatnik, supported by £26 million ...
. He is a fellow of the African Leadership Institute affiliated with the
Aspen Institute The Aspen Institute is an international nonprofit organization founded in 1949 as the Aspen Institute for Humanistic Studies. The institute's stated aim is the realization of "a free, just, and equitable society" through seminars, policy programs ...
in Colorado, USA. He is also honorary fellow of the
Chartered Institute of Bankers of Nigeria The Chartered Institute of Bankers of Nigeria (CIBN) is the umbrella professional body for bankers in Nigeria. The CIBN was incorporated in 1976 as the Nigerian Institute of Bankers. It was chartered in 1990, and is now covered by the CIBN Act 5 ...
. In 2018, he was awarded the honorary
Doctor of Science Doctor of Science ( la, links=no, Scientiae Doctor), usually abbreviated Sc.D., D.Sc., S.D., or D.S., is an academic research degree awarded in a number of countries throughout the world. In some countries, "Doctor of Science" is the degree used f ...
(D.Sc.) by the
Olabisi Onabanjo University Olabisi Onabanjo University, Ago-Iwoye is a state owned and operated university located in Ago-Iwoye, Ogun State, Nigeria. The university was founded on 7 July 1982 as Ogun State University (OSU) and was renamed Olabisi Onabanjo University on 2 ...
, Ago-Iwoye,
Ogun State Ogun State is a state in southwestern Nigeria. Created on 3 February 1976 from the former Western State. Ogun State borders Lagos State to the south, Oyo State and Osun State to the north, Ondo State to the east, and the Republic of Benin to the ...
, Nigeria.


Philanthropy

He is the founder and chairman of the ''Africa Initiative for Governance'', an independent non-profit that promotes good governance in Africa. AIG partners with
Oxford University Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...
's
Blavatnik School of Government The Blavatnik School of Government is a school of public policy founded in 2010 at the University of Oxford in England. The School was founded following a £75 million donation from a business magnate Leonard Blavatnik, supported by £26 million ...
, for scholarships that send qualified Africans to the
Oxford Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...
for a
Master of Public Policy The Master of Public Policy (MPP), is one of several public policy degrees. An MPP is a master's-level professional degree that provides training in policy analysis and program evaluation at public policy schools. The MPP program places a focus o ...
degree and Fellowships for senior Public Servants. The Africa Initiative for Governance (AIG) partnership will run for five years, from 2017/18 until 2021/22. 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). 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).


Authorship

Aigboje is the author of Leaving the Tarmac: Buying a Bank in Africa (Red Door, 2020), a memoir that recounts how he and Herbert Wigwe bought Access Bank in 2002, one of the smallest and most crisis- prone banks in Nigeria built it into one of the biggest and strongest banks in the country.


Personal life

Aigboje Aig-Imoukhuede is married to Ofovwe Aig-Imoukhuede with 4 children


References

{{DEFAULTSORT:Aig-Imoukhuede, Aigboje Living people 1966 births Alumni of the London School of Economics New York University alumni University of Benin (Nigeria) alumni People from Edo State Nigerian bankers Nigerian chairpersons of corporations