Running the salon together made the duo discover that they had a similar knack for entrepreneurship and its risks. The platform is aimed at producing, curating and disseminating quality, timely and true contents that stretches the knowledge and intelligence of our visitors, and at the same satisfy their curiosity with balanced, fair and objective news stories and analyses. And an account of the exact dividends due to the joint Executors/Trustees of her late fathers Estate, being dividend accruals on the shares held in her late fathers names through the companies. Late Mr. Tayo Aderinokun. , money, salary, income, and assets. She also averred that during the lifetime of her father, he had a peculiar manner of acquiring his assets, using the proxies, among other corporate structures, rather than holding these assets directly in his own name, and that payments that were made for asset acquisition, or funds received in respect of the proxy companies, were either paid from or into his personal accounts. 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. 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. fathers estate), as at the time of his death on June 14, 2011. Foray Into Banking. He was Nigerian Action Congress (ACN)s vice-presidential running mate in the 2011 presidential elections alongside with running mate, Mallam Nuhu Ribadu. By submitting above, you agree to our privacy policy. Vanguard News, Sports and Business from vanguard Newspapers 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. trust of her late fathers Will by the said proxy companies. She also wants the court to make an Order of Specific Performance of the implied contract between her late father, Olutayo Aderinokun, and GTB Plc, and Datamax Registrar Limited, whereby the said defendants are to accord Late Olutayo Aderinokun all the rights and, or beneficial interest in the shares purchased by her late father, and issues by GTB Plc in the name of his corporate vehicles used as the proxies. 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. [1][2] He was also a recipient of the Member of the Federal Republic, one of Nigeria's prestigious national awards. He also served as a board member with Tafsan Breweries and is a member of the Governing Council of Lagos State University. In alleging overriding obligations and negligent disregard for her late fathers Will, the plaintiff stated that the Proxies after her late fathers death suddenly sought to act as independent entities, and issued instructions contrary to the subsisting instructions of her late father, and in total disregard for the authority of his personal representative/co-trustees. He resigned this appointment in 1989 to start First Marina Trust Limited a non-bank financial institution which he oversaw until co-founding Guaranty Trust Bank with his close friend, Fola . Haha Baka may alam kayo san pwede makabili nitong ointment na ito. For late Tayo Aderinokus wife, Salamatu, new lease of life. Biography & Success Story Of Theophilus Danjuma: Founder Of Nigeria America Line, Biography & Success Story Of Molade Okoya: Former CEO Of CFAO Nigeria, Biography & Success Story Of Hakeem Belo-Osagie: Former Chairman Of 9mobile, Biography & Success Story Of Sani Bello: Founder Of Amni International, Biography & Success Story Of Cosmos Maduka: Founder Of Coscharis Motors, How To Start A Lucrative Saffron Farming Business in Nigeria: The Complete Guide, How A Former Medical Doctor Built A Multi-Million Dollar Tech Business From Just $100, 15 Profitable Businesses To Start In Nigeria Or Africa, 15 Business Ideas You Can Start With Small Capital In Nigeria Or Africa. That was how I started and I found out that I liked it. Glamour seemed to work. Salamotu Aderinokun, The 2010 and 2009 best bank in Nigeria awards from the Banker Magazine, The 2010 and 2009 best bank in Nigeria awards from Euromoney Awards for Excellence, The SIAO 2009 and 2008 Best Corporate Social Responsibility Awards, The 2007 Most Respected Company in Nigeria Award from PrizeWaterhouseCoopers and Businessday. Mr. During his time as the CEO the bank won the following awards. by raising funds severally and becoming the first Nigerian Company and African Bank to be listed on the Main Market of the London Stock Exchange . [9], After her secondary school education in Nigeria she got a bachelor's degree in Experimental Psychology from University of Bristol. In their 30s, the teenage friends decided to collaborate to found one of Africas biggest banks in 1990, following the success of their barbing salon, Finishing Touches Barbing Salon, in the mid 80s. Learn more about our use of cookies. She built her first website at the age of 13 as a fansite for Neopets where she had learned her first basic HTML codes. When duty called recently, Ocean Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international embarrassment. The man had essentially died a hero, paladin of banking, champion of the corporate Wildlands. 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! At that time, banking was it, with all the glamour. When duty called recently, Ocean Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international embarrassment. Specific Performance of the implied contract between her late father, Olutayo The deponent averred further that other judicious determination of the plaintiffs suit. He was made the Deputy Managing Director and held the position for 12 years from 1990 to 2002. Tayo, who passed away on 14 June 2011, in a London hospital, had been the banks chief executive officer until his time of death. Old childhood friend. The plaintiff who is a minor, is also urging the court for an enquiry into what volume of her late fathers shares issued by GTB Plc 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. Others respondents in the ensuing legal battle are Femi Otedola Wins African Person of the Year Once again, Africa's force of nature, billionaire Femi Otedola has been honoured for his philanthropic activities on the continent. She also want the court to make an Order of It has been some time since Aderinokun passed away, precisely 10 years. You have selected an article from the AllAfrica archive, which requires a subscription. He is not the flash friend, the one everyone wants to copy and follow around. Miss Oluwatise Aderinokun, the eight-year-old and last child of the late In the particulars of the affidavit of facts Paubos na kasi. 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. I Want Neusroom By Mail Tags He served and is still functioning at national and international levels, on various committees and corporate boards. Asides being the co-founder of GT bank, Adeola Tajudeen Afolabi is also the pioneer of FATE Foundation, a non-governmental organization that provides support to budding entrepreneurs. Since then, his second wife and widow, Salamatu has had to endure the passing currents of time, knowing that . He further stated that the Will of the deceased never directed the Executors and Trustees of his Estates to take over or manage any company as erroneously claimed by the applicant. Tayo Ricci's dad occasionally appears in his videos.. She was born into the family of Tayo and Mrs. Olunfunlola Aderinokun. Babatunwa Aderinokun, urged the court to strike out the affidavit of fact as it Aderinokun, is wrong and breach of the implied contract between the defendants His wife is Funlola Aderinokun and 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, First of its kind! Required fields are marked *. 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 . GTBank Asset Management Limited (now Investment One Financial Services Managing Director of Guaranty Trust Bank (GTBank) Plc, Mr. Tayo Aderinokun is dead, but his works and achievement are being remembered by friends, associates and admirers. By subscribing, you're accepting to receive promotions. The issues regarding the distribution of his GTBanks shares have been the subject of various discussions between the executors of his estates. One time vice presidential aspirant, he has worked on various development projects within and outside Nigeria and has served as an officer of the Federal Republic (OFR) in his capacity on the Blair Commission for Africa in 2002 as well as on the Board as Main Street Technologies Limited delegate. Save my name, email, and website in this browser for the next time I comment. See Also: Biography & Success Story Of Theophilus Danjuma: Founder Of Nigeria America Line. He was also the Chairman of the Lagos State Disaster Relief Committee, a team formed as a result of the January 27, 2002, Lagos bomb blast, and he is also a member of the Solid Minerals Committee and the Chairman of the Ogun State Development Trust Fund Committee. That bank would be named Guaranty Trust Bank. (GTB). Sign in for full access to article. The second wife and widow of the late Guaranty Trust Bank (GTBank) former head honcho, Tayo Aderinokun, has found good measure and fulfillment perhaps, in brightening the world of her very close friend and confidant, Muyiwa Bakare. his lifetime but only him ran the affairs of the companies. He is a member of famous Banker with the age 56 years old group. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. Save my name, email, and website in this browser for the next time I comment. . And an account 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. As a young banker,he . The plaintiff who is a minor, is also urging the She also averred that during the lifetime of her father, he had a peculiar manner of acquiring his assets, using the Proxies, among other corporate structures, rather than holding these assets directly in his own name, and that payments that were made for asset acquisition, or funds received in respect of the Proxy companies, were either paid from or into his personal accounts-, That is the problem that men leave for their families when they pass away and have children from more than one woman. hey b-bestie.. sorry pero mag break up tayo ang sakit sakit ng foot pain na binigay mo sa akin . He further stated that none of them paid for the The GTBank journey began when Fola Adeola and his friend, Tayo Aderinokun, pooled some resources together and decided to establish a barbing salon in Lagos, Ikoyi, called Finishing Touches Barbing salon. 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. It was during this period that he forged an unfettered friendship and brotherly bond with Adeola. Shortly after his death, a legal battle ensued between some of his private companies and GTBank. companies, namely: Kanali Investment Limited, Day Waterman Company Limited and What He Told City People Before He Died 6 Years Ago. 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. GTBank, held in the proxies names and in the name of her late father, Olutayo We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. And when they finally raised the required capital in 1988, they applied for a banking license which they got (licence 58) on the 2nd of August, 1990. He left behind a wife and three children. shareholders and board of directors of the above mentioned companies before the court by her lawyer, Osaro Eghobamien (SAN) of Perchstone and "By the power vested in me, I now pronounce you husband and wife. He then became the Managing Director, a position he held until his passing. The deponent averred further that the incomes from the assets of the companies were enjoyed by late Aderinokun mixed with his personal incomes, as he used his personal incomes to purchase assets in the various companies, as his assets are intertwined with the corporate assets of the companies during his lifetime. He had his basic education at Baptist Day School, Kano, from 1961 to 1966. Tayo Ricci's biography. [2][3][4]She is Nigeria's first female Google Developer Expert. Fola Adeola was born in Nigeria on the 1st of January 1954. The family of late Olorogun Michael Christopher Ibru (aka the Fisherman) is a clear example. Olutayo Aderinokun (May 8, 1955 June 14, 2011) was a Nigerian entrepreneur who until his death was the CEO of Guaranty Trust Bank. Consequently, Babatunwa urged the court to dismiss the plaintiffs suit with substantial cost. Two very important objectives he always emphasized. Aderinokun held the position until June 2011 when he shockingly died from cancer aged 56. While his mother would send Fola and his siblings hawking to augment the family income. We are proud to welcome you ALL to the Inaugural GTBank Webcast with Tayo Aderinokun, MD GTBank. 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. GTBanks shares have been the subject of various discussions between the Learn how your comment data is processed. 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. Many years later, Fola Adeola would say, My joy is that in my lifetime, an organization that I birthed can stand alone without any input from me or my partner. "Ngayon makikita mo s'ya, tiyak na malo-love at first sight ka sa asawa mo!" he said and I chuckled. Tayo Aderinokun is Deceased at Guaranty Trust Bank PLC. To grow a business and sustain its success over many decades, every entrepreneur must be willing to take risks, build key partnerships and connections, and continue to advance their knowledge. He is from Nigeria. Please try again later. . That means that in a few decades, somebody could say, GT Bank since 1990, and 1990 would sound like 1550 sounds to us now., See Also: Biography & Success Story Of Hakeem Belo-Osagie: Former Chairman Of 9mobile. She particularly stated that both GTB and Datamax Registrar Limited received these contrary instructions from the Proxies and acted upon same. 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. He stated further that the deceased could not have given his GTB Plcs shares held in the name of the three companies to any beneficiaries as claimed by the plaintiff because the said companies owned GTB Plcs shares not the deceased. During the beginning of the Nigerian Civil War, his family relocated to Lagos where he attended Surulere Baptist School from 1966 to 1967, St. Peter's College, Abeokuta, from 1968 to 1972 and St. Gregory's Boys College, Lagos from 1973 to 1974. Save my name, email, and website in this browser for the next time I comment. His father was a technician who worked for the Nigerian Railway Corporation. said proxy companies on the instructions of the directors on record. Subscribe to get the latest news, offers and special announcements. RDT-213 "Medyo kasi diyan.." Isang busty na misis na walang ingat na lumalabas na walang bra ang nang-aakit sa isang lalaki ng hindi niya . Ire Aderinokun is a Nigerian front end developer and Google developer expert. The plaintiff is also seeking a court declaration Tayo Aderinokun, co- founder of the Guarranty Trust Bank, Gtb has etched his name in immortality using golden pen. 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. However, Justice Mohammed Idris has fixed this week for the hearing of the suit. The Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John Oliver. That is really the challenge I am facing, Aderinokun told City People shortly after he assumed the position as GTBs new MD. Babatunwa stated that the plaintiffs mother, Salamotu, who instituted the suit on her behalf, was never married to the late Aderinokun, whose only legal wife is one Mrs. Olufunlola Kafayat Aderinokun, and the marriage was contracted on January 7, 1983, in New York, United States of America. Oluwatise, through her lawyer, is also asking questions about her fathers investment in GTBank, Datamax Registrars, Kanali Investments Limited, Day Waterman Company Limited, Caribod Investments Limited , Investment One Financial Services and the involvement of her uncle Mr. Babatunde Aderinokun in the management of her fathers estate. 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