Bola Kuforiji Olubi
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Chief Bola Kuforiji-Olubi (September 28, 1936 – December 3, 2016) was a
Nigerian Nigerians or the Nigerian people are citizens of Nigeria or people with ancestry from Nigeria. The name Nigeria was taken from the Niger River running through the country. This name was allegedly coined in the late 19th century by British jour ...
traditional aristocrat,
banker A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
and federal minister of commerce. In addition to a variety of other chieftaincy titles, she held that of the Otunba Ayora of
Ijebu-Ode Ijebu-Ode is a town in Ogun State, Nigeria, South Western geopolitical zone in Nigeria, close to the A121 highway (Nigeria), A121 highway. The city is located 110 km by road north-east of Lagos; it is within of the Atlantic Ocean in the e ...
.


Life


Education and memberships

Kuforiji-Olubi Bola was born on 28 September 1936. Bola Kuforiji-Olubi graduated from the
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degree ...
in 1963 with B. Sc. honours in Economics. She started her profession as a Grade two(II) Teacher at Zawan Girls Catholic Primary School, Jos, Plateau State and she became 1955 headmistress in at age 19. During her subsequent career, she became a fellow of the Institute of Charted Accountants, England and Wales in 1977, ICAN
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 o ...
in 1976, and the British chartered institute of company secretaries (ACIS) in 1964. She was also a member of both the
Nigerian Institute of Management The Nigerian Institute of Management (NIM) is a non-profit institution that defines the required skills and standards for professional managers, and offers courses leading to diplomas in Management. History The Nigerian Management Group was formed ...
(FMIN) and the British Institute of Directors. she died on Saturday barely over two months after she clocked 80 years.


Honours

Kuforiji-Olubi was a recipient of the following honours and awards: * Doctor of Business administration from Enugu State University of Science and Technology, 1997 *
Doctor of Laws A Doctor of Law is a degree in law. The application of the term varies from country to country and includes degrees such as the Doctor of Juridical Science (J.S.D. or S.J.D), Juris Doctor (J.D.), Doctor of Philosophy (Ph.D.), and Legum Doctor (LL. ...
, LLD
honoris causa An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin phrases ''honoris causa'' ("for the sake of the honour") or ''ad hono ...
(
Latin Latin (, or , ) is a classical language belonging to the Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but through the power of the ...
: "for the sake of the honor").
Bayero University The Bayero University Kano (BUK) is a university situated in Kano, Kano State, Nigeria. It was founded in 1975, when it was renamed from Bayero University College and upgraded from University College to University. It is the first university in ...
, Kano, 2004 * Doctor of letters (
Honoris Causa An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin phrases ''honoris causa'' ("for the sake of the honour") or ''ad hono ...
),
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, 2006. * The
National award The National Film Awards is the most prominent film award ceremony in India. Established in 1954, it has been administered, along with the International Film Festival of India and the Indian Panorama, by the Indian government's Directorate ...
of member of the
Order of the Niger Nigeria became an independent country on 1 October 1960 and in 1963 became the Federal Republic of Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Repu ...
in 1979 for her contributions to management education and socio- economic advancement 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 o ...
* The certificate of merit by the
United Nations Decade for Women The United Nations Decade for Women was a period from 1975 to 1985 focused on the policies and issues that impact women, such as pay equity, gendered violence, land holding, and other human rights. It was adopted December 15, 1975, by the United ...
in 1980 * The award for excellence from the University of Benn's Skonit Club in 1988 * The position of Honorary Grammarian of the CMS by the CMS grammar school in 1988 * The award of excellence by the Brigade of Nigeria in 1992 * The international award of excellence for outstanding entrepreneurial achievements,
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
,
Cambridge, Massachusetts Cambridge ( ) is a city in Middlesex County, Massachusetts, United States. As part of the Boston metropolitan area, the cities population of the 2020 U.S. census was 118,403, making it the fourth most populous city in the state, behind Boston, ...
, United States. * A recipient of the 2002 conferment award for a woman of achievement under the auspices of the Woman Development Centre, Abuja, 2005.


Positions held

Kuforiji-Olubi served in various capacities both locally and internationally. She was the 25th president of the Institute of Chartered Accountants of Nigeria; the first female to become president of the Institute, while she was in office she launched an Accounting Technicians Course. She was the first Nigerian woman to become the CEO of a multinational company (VYB Industries Limited, with British affiliates (
Inchcape plc Inchcape plc is a British multinational automotive distribution, retail and services company headquartered in London. An outgrowth of Calcutta-based Mackinnon Mackenzie Company, Inchcape has operations in 32 countries across Asia, Australia, ...
) and the first female Chairperson of a public listed company (Bewac Plc). Kufuriji-Olubi either chaired or otherwise served on the boards of many other companies. She was the first Chairperson of the Osun River basin development (from 1976 to 1980) and a member of the governing council of the
Nigerian Institute of Social and Economic research Nigerians or the Nigerian people are citizens of Nigeria or people with ancestry from Nigeria. The name Nigeria was taken from the Niger River running through the country. This name was allegedly coined in the late 19th century by British jour ...
(NISER) (from 1981 to 1983). She was appointed chairman of a leading financial institution,
United Bank for Africa United Bank for Africa Plc (UBA) is a Multinational pan-African financial services group headquartered in Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. In Dece ...
Plc in 1984, and served until 1990 as the first woman to hold that office in Africa south of the Sahara. She was also later v ice chair of the National conference on Nigerian foreign policy (until the year 2000), and a member of the National Sport commission (from 1986 to 1989). A foundation member and chair of the Lagos State Education endowment fund, she was appointed as the honorable secretary (or ''Minister'') for commerce and tourism in the interim national government of Nigeria in 1983. In addition to this, she was also a deputy chair and hon. federal commissioner for Ogun State at the revenue mobilization.


Publications

* ''The Female Entrepreneur and Financial Management for Survival'' (1987) * ''Civil service reform in a developing economy (1988) * ''The Corporate Woman: a marginalised group, problem and strategies for success, via public enlightenment programmes of the institute of directors'' (1989) * ''Technical education as a catalyst for technical cooperation and economic growth in developing countries'' (1992) * ''Changing Course'' - as a co-author.


References


External links

* https://web.archive.org/web/20130702135607/http://igclm.org/Board%20member2.html {{DEFAULTSORT:Olubi, Kuforiji 1936 births 2016 deaths Alumni of the University of London Nigerian accountants Nigerian bankers Nigerian royalty Nigerian women's history Officers of the Order of the Niger Yoruba bankers Yoruba women in business Nigerian chairpersons of corporations Nigerian women business executives Women corporate directors Women chief executives