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  • THE ESTABLISHMENT STORY OF AIGBOJE AIG-IMOUKHUEDE
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    Aigboje Aig-Imoukhuede is a name that is synonymous with success and excellence in the Nigerian business world. He is a renowned banker, entrepreneur, and philanthropist, who has made a significant impact in the Nigerian economy through his various business ventures and initiatives. Aig-Imoukhuede's journey to success is an inspiring one, filled with determination, hard work, and a strong vision for the future.


    Born in 1966 in Ibadan, Oyo State, Aig-Imoukhuede had a humble beginning. He attended the prestigious Edo College, Benin City before proceeding to the University of Benin, where he graduated with a Bachelor's degree in Law. After his National Youth Service Corps (NYSC), Aig-Imoukhuede joined Femi Atoyebi & Co, a reputable law firm in Lagos, where he worked for a few years before venturing into the banking sector.


    In 1991, Aig-Imoukhuede joined Guaranty Trust Bank (GTBank) as a pioneer staff. At the time, GTBank was a relatively new bank, but Aig-Imoukhuede saw the potential for growth and development in the bank. He worked tirelessly and rose through the ranks, becoming the Deputy Managing Director in 2002. Under his leadership, GTBank experienced tremendous growth, becoming one of the top banks in Nigeria and Africa.


    In 2007, Aig-Imoukhuede, alongside his colleague Tayo Aderinokun, led the acquisition of United Bank for Africa (UBA) by a consortium of investors. This move marked the beginning of a new era for UBA, as the bank experienced a remarkable transformation and growth under Aig-Imoukhuede's leadership. He served as the Group Managing Director and CEO of UBA for nine years, during which the bank expanded its operations to 19 African countries and the United Kingdom.


    Aig-Imoukhuede's leadership style is characterized by his strategic thinking, innovative ideas, and focus on growth and development. He is known for his ability to identify opportunities and turn them into successful ventures. His leadership at UBA was marked by several achievements, including the bank's listing on the Nigerian Stock Exchange and the London Stock Exchange, making it the first Nigerian bank to achieve such a feat.


    In 2017, Aig-Imoukhuede stepped down as the Group Managing Director and CEO of UBA, but his impact on the bank and the Nigerian banking sector as a whole cannot be overlooked. He remains a board member of UBA and continues to contribute to the growth and development of the bank.


    Apart from his success in the banking sector, Aig-Imoukhuede is also a renowned entrepreneur. In 2012, he co-founded Coronation Capital, an investment company focused on providing capital solutions to businesses in Africa. He also serves as the Chairman of Wapic Insurance Plc and is a board member of several other companies, including Flour Mills of Nigeria Plc and the Tony Elumelu Foundation.


    Aig-Imoukhuede's passion for entrepreneurship and his desire to see Africa's economic growth and development led him to establish the Africa Initiative for Governance (AIG) in 2014. AIG is a non-profit organization that works with governments and other stakeholders to improve the quality of public sector governance in Africa. The organization provides training and support to public servants, with the aim of building a new crop of leaders who will drive Africa's development.


    In addition to his achievements in the business world, Aig-Imoukhuede is also a renowned philanthropist. He is the founder of the Aig-Imoukhuede Foundation, which focuses on providing scholarships to underprivileged children and supporting education in Nigeria. He is also a member of the Global Advisory Council of the Harvard Kennedy School, where he actively advocates for the improvement of public sector governance in Africa.


    In recognition of his achievements and contributions to the Nigerian economy, Aig-Imoukhuede has received several awards and honors. He was awarded the Commander of the Order of the Niger (CON) in 2013 and was listed among the 100 most influential Africans by New African Magazine in 2015.


    In conclusion, the establishment story of Aigboje Aig-Imoukhuede is one that inspires and motivates. From his humble beginnings to becoming one of the most successful and influential business leaders in Nigeria, Aig-Imoukhuede has shown that with hard work, determination, and a clear vision, anything is possible. He continues to make a significant impact in the Nigerian business world and his contributions to the development of Africa will always be remembered.

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