John Olatunde Ayeni

John Ola Tunde Ayeni CON

John Ola Tunde Ayeni CON
Born John Olatunde Ayeni
April 4, 1967
Iyah-Gbede, Ijumu, Kogi State
Occupation Business Magnate / Entrepreneur

John Olatunde Ayeni (born on April 4, 1967) is a Nigerian lawyer, investor and business magnate. As of October 2014, he serves as Chairman of the Board of Skye Bank, and holds board positions on companies throughout Nigeria spanning multiple business the He was arrested and held in detention for a N1bn (US$5mn) bribe to a federal cabinet minister.

Career

In 2011, Ayeni became chairman of Skye Bank,[1] which was formed in 2005 when five commercial banks (including Bond Bank, founded by Ayeni in 2000) merged to create a new entity with a balance sheet in excess of ₦1 trillion.

In 2007, Ayeni became majority stakeholder and vice chairman of ASO Savings & Loans. He is also a founding partner and current vice chairman of Ocean Marine Security (OMS) which provides logistical support to the Nigerian Navy.

In 2013, as vice chairman of Integrated Energy Distribution and Marketing Ltd (IEDM), he led a successful bid to take control of the Ibadan and Yola Electricity Distribution Companies. This marked the first privatization of a national energy asset in Nigerian history.[2] He is also chairman of JKK (Nigeria) Plc and Temple Resources Ltd, and sits on the boards of PPP Fluid Mechanics Limited and Hightech Procurement Limited.

Ayeni is an advocate of banking and trade reforms that will make doing business easier in Africa.[3] He is widely acknowledged as a philanthropist, supporting various charitable organisations throughout Africa. [4]

Education

Ayeni had his secondary education at Baptist Secondary School, Iyah-Gbede in Ijumu, Kogi State between 1981–1985 followed by Kwara State Polytechnic, Ilorin, Kwara State. He obtained the General Certificate of Education (G.C.E.), Advanced Level papers in the year 1987.

In the same 1987, he was admitted to read Law at Ahmadu Bello University, Zaria, Kaduna State. He graduated with honours in 1990 and was called to Bar in 1991.

Thereafter, he underwent and completed the compulsory National Youth Service Corps service with Professor S. A. Adesanya & Co., a firm of Legal Practitioners.

After the National Service in 1991, he worked with Rodco (Nig) Limited as the Legal Adviser from 1991 to 1994 after which he voluntarily left the company to start his own firm of Legal practice in 1994 - Legal Resources Alliance (formerly known as Olatunde Ayeni & Co.)

Arrest and Detention for Corruption

On November 25th 2016, Tunde Ayeni was arrested and held by the Economic and Financial Crimes Commission for allegedly bribing a Federal Capital Territory minister for land plots. [5]

The Economic and Financial Crimes Commission (EFCC) said that he bribed a former minister of the Federal Capital Territory (FCT), Bala Mohammed, to acquire 54 plots of land in Abuja, the Nigerian capital.

Languages

Ayeni is a native speaker of Yoruba, and is also fluent in English and Hausa.

Professional memberships

Recognition

In recognition of his contributions to the growth and development of the Nigerian economy, Nigeria’s Achievers University awarded Ayeni the honorary title of Doctor of Science (D.Sc.) in business administration.

In September 2014, he was made Fellow by the Institute of Directors, Nigeria and the Commander of the Order of the Niger.[6]

Philanthropy

Ayeni is founder of The Oluwatoyin Ayeni Educational Foundation, established in 1999. Every year, the foundation awards tertiary institution scholarships to 25 bright students from his hometown of Iyah-Gbede in Ijumu, Kogi State. He is also a trustee of Support our Troops Foundation, a not for profit military charity that supports and promote the interests of the men and women of the Nigerian Armed Forces who serve home and abroad.

References

  1. ↑ "Board appoints Mr Olatunde Ayeni as new chairman" (Press release). Skye Bank.
  2. ↑ http://www.thegazellenews.com/2013/11/06/integrated-energy-assures-on-providing-stable-electricity-in-ibadan-yola-zones/
  3. ↑ http://www.chinadaily.com.cn/world/2014-09/10/content_18576428.htm
  4. ↑ http://www.supportourtroopsng.org/trustees/
  5. ↑ "Tunde Ayeni Arrested "
  6. ↑ http://allafrica.com/stories/201410130908.html

Sources

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