Tunde Lemo
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Tunde Lemo or Tunde O. Lemo Bloomberg : Executive Profile and background of Tunde O. Lem

/ref> (born 1959) is a Nigerian banker and former deputy governor of operations and director of the
Central Bank of Nigeria The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are ...
. As of 2018, he serves as chairman of the Federal Roads Maintenance Agency (FERMA). Daily Post (Nigeria) : ''Buhari appoints Tunde Lemo as FERMA chairman'', by Senater Imenger, Published on 19 July 201

/ref>''8 Things You Probably Didn’t Know About The New FERMA Chairman, Tunde Lemo'' by Anuoluwapo Adeseun nNigerian Monito


Early life and education

Lemo was born in 1959, and is a native of Ogun, Ogun State. His mother, Eunice Olufolake Lemo (11 November 1932 — 9 May 2018), was a school teacher. Lemo attended the University of Nigeria Nsukka, where he graduated with First Class Honours in Accounting in 1984, and in 1997, became a Fellow of the
Institute of Chartered Accountants of Nigeria The Institute of Chartered Accountants of Nigeria (ICAN) is a professional accountancy body in Nigeria. It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National A ...
. He is also a Fellow of the
Chartered Institute of Bankers The London Institute of Banking & Finance is the oldest training and professional body for banking and financial services in England and Wales, and works internationally with partners to establish ethical and professional standards across the ...
.


Career

He started is career from Arthur Anderson &Co in 1985 and from 2000 to 2003, Lemo served as managing director of Wema Bank Plc, and in 2003, became the deputy governor of operations and director of the
Central Bank of Nigeria The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are ...
—serving as its deputy governor of financial surveillance sector. On 2 January 2004 Lemo became the director and chairman of the Abuja Securities & Commodity Exchange Plc. He was a non-executive director of
Africa Finance Corporation Africa Finance Corporation (AFC) is a pan-African Multilateral Development Financial Institution established in 2007 by sovereign African states to provide pragmatic solutions to Africa's infrastructure deficit and challenging operating enviro ...
since 16 May 2007. On Friday 6 October 2017
President President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...
Muhammadu Buhari of Nigeria approved his appointment as the new chairman of the Federal Emergency Road Maintenance Agency (FERMA). He effectively became a chairman of the agency in July 2018 joined by six new members of the board and a new managing director. He is the chairman of Titan Bank and Flutterwave and sits on many other boards. On Monday 2 October 2021, Tunde blamed infrastructural decay as the reaso
why investors run away from Nigeria.
On Thursday 23 December 2021 Union Bank of Nigeria Plc, in a disclosure filed with the Nigerian Exchange Limited (NGX), announced that Tunde Lemo owned Titan Trust Bank Limited has reached an agreement with Union Global Partners Limited and other shareholders to acquire a combined 89.39 percent stake in Union Bank of Nigeria Plc.


References

Living people 1960 births Nigerian bankers University of Nigeria alumni People educated at Lisabi Grammar School {{Nigeria-bio-stub