Why billionaire housewives dread them. On August 2, 1990, Adeola and Aderinokun received a banking license No. I would ask him, often, what would you do with such wealth? Gunma/Maebashi Tomomi Kiuchi. He is a member of famous Banker with the age 56 years old group. For late Tayo Aderinokus wife, Salamatu, new lease of life. He acquired his assets and GTBanks shares Discover Tayo Aderinokun's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. beneficial interest in the shares purchased by her late father, and issues by Abeokuta/London Politicians joined corporate Nigeria on Wednesday to mourn the demise of Tayo Aderinokun, the man who co-founded Guaranty Trust Bank (GTB) in 1990 and was its Managing. 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. 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. Until he died on June14, 2011, the late Tayo Aderinokun was the Managing Director/CEO of GTBank, one of Nigeria's leading banks. We will update Tayo Aderinokun's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Oluwatise, who is acting through her mother, Mrs. Salamotu Aderinokun, in a suit marked FHC/L/CS/1723/2015, is urging the court to declare that the recognition of three limited liability companies Kanali Investments Limited, Day Waterman Company Limited and Cariboo Investment Limited (the proxies), as being entitled to the rights accruing to the shares issued by GTB Plc, held in the proxies names and in the name of her late father, Olutayo Aderinokun, is wrongful and breach of the implied contract between the defendants and her late father. the names of the proxies, was done in dishonest assistance of the breach of ISD-114 Nationwide Jukujo Search Corps Manatili tayo sa kanayunan! $1 Million - $5 Million. Glamour seemed to work. So far, the court drama has planted animosity and discord among the family members, friends, and acquaintances the loving Tayo Aderinokun left behind. Tayo Ricci's dad occasionally appears in his videos.. Old childhood friend. Please try again later. Parang mukha ni Jessica Soho pero hindi, saka thai yung nakasulat. And he would laugh, and reply, wait until I get it.. 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. in the name of the three companies, which by his Will, indicated that his 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, EXPOSED! [16][4] She is the co-founder, COO and VP Engineering of Helicarrier, which builds cryptocurrency infrastructure for Africa.[17]. founder and former Managing Director of Guaranty Trust Bank Plc (GTB), Olutayo 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. among other corporate structures, rather than holding these assets directly in The plaintiff is also seeking a court declaration that the recognition of the proxies by the defendants, as being beneficially entitle to the rights of her late fathers shares (issued by GTBank), held in the names of the proxies, was done in dishonest assistance of the breach of 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. His father was a technician who worked for the Nigerian Railway Corporation. Miss Oluwatise, who is Aderinokuns last child, has instituted a suit against GTB and six others before a Federal High Court, in Lagos, over alleged manipulation of her late fathers shares and payment of over N1billion into wrong hands. court that it had filed an affidavit of facts before to assist the court in the Since Yul Edochie and his second wife drama is trending,I believe this is a good opportunity to tell this story. Guaranty Trust Bank has grown into one of the biggest and most profitable corporations in Nigeria. 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. 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. The late Tayo Aderinokun was a wealthy man in his lifetime. [9] So, I have to start looking for somebody who will play either the role Fola was playing or the role I was playing before. Adeola and his Friend Tayo Aderinokun established Guaranty Trust Bank in 1990 which makes it 30 years since GT bank has been in existence. Please look out for your names if you sent in Questions :-) . Copyright 2023 - Startup Tips Daily Media. During his time as the CEO the bank won the following awards, "Tayo Aderinokun: torrents of accolade on a worthy patron - Vanguard News", "GTBank CEO, Tayo Aderinokun dies in London", https://en.wikipedia.org/w/index.php?title=Tayo_Aderinokun&oldid=1124939195, Funlola Aderinokun and I Want Neusroom By Mail Tags He then became the Managing Director, a position he held until his passing. 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. Tayo Aderinokun was born on 8 May, 1955 in Kano, Nigeria, is a Nigerian entrepreneur. Limited), and Mr. Babatunwa Aderinokun as joint Executors and Trustees, both And it was something I did very well.. In the ensuing legal battle, Oluwatise Aderinokun It has since expanded to include an entrepreneurship program focused on engineering, technology and innovation. Today, GTB, which stands tall as Adeola and Aderinokun had envisioned, boasts of over 200 branches, 17 Cash Centres, 18 e-branches, 41 GTExpress locations and more than 1165 ATMs in Nigeria. His wife is Funlola Aderinokun and Heres the story of Fola Adeola, an accountant who co-founded GTBank with his friend, Tayo Aderinokun in the late 80s. Discover today's celebrity birthdays and explore famous people who share your birthday. Your email address will not be published. Here's how he did it: Guaranty Trust Bank (GTB) Plc is facing what appears to be a modern-day David and Goliath battle with an 8-year-old daughter of its co-founder, the late Tayo Aderinokun. proxies), as being entitled to the rights accruing to the shares issued by 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. Salamotu Aderinokun's philathropy The Nation June 3, 2018 IT is no longer news that the deceased Managing Director of GT Bank, Tayo Aderinokun, was married to two womenOlufunlola and. Miss Oluwatise, who, being underage, sued through her mother, was represented by Osaro Eghobamien (SAN). hey b-bestie.. sorry pero mag break up tayo ang sakit sakit ng foot pain na binigay mo sa akin . Before his death, Aderinokun founded the Day Waterman College, a co-educational boarding school for children. He had his basic education at Baptist Day School, Kano, from 1961 to 1966. Aderinokun, born in 1955, had been convinced by an ambitious Adeola to start a commercial bank that would serve millions of people in Nigeria. Tayo, who passed away on 14 June 2011, in a London hospital, had been the banks chief executive officer until his time of death. To address comments or complaints, please Contact us. He had his basic education at Baptist Day School, Kano, from 1961 to 1966, before the Civil War forced his family to relocate to Lagos. When Aderinokun took over the reign as MD after his friend stepped down from the position, his experience and dedication to excellence were immediately in full glare. Though this wasnt the childhood anyone would wish for, young Fola Adeola didnt let this deter him from seizing the opportunity to develop his character, intellects, and entrepreneurial skills. 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. A Federal High Court in God tier scent pamahid lol. The deponent averred further that the incomes from [3], Aderinokun's father was a technician who worked for the Nigerian Railway Corporation. I finished my MBA at UCLA and I came back to Nigeria. See Also: Biography & Success Story Of Molade Okoya: Former CEO Of CFAO Nigeria. Net Worth in 2022. Tayo Aderinokun died on the 14th of June, 2011. 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. See Also: Biography & Success Story Of Sani Bello: Founder Of Amni International. constituting the first wife of the deceased, Mrs. Olufunlola Aderinokun, and Aderinokun's father was a technician who worked for the Nigerian Railway Corporation. Two very important objectives he always emphasized. She started the blog in 2015. Lagos on Tuesday adjourned till March 24, 2017, hearing in the suit filed by Why billionaire housewives dread them. He was presented with the African Person of the Year award. 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. As we grew up, Tayo always shared his lifes desires with me. , money, salary, income, and assets. At 56 years old, Tayo Aderinokun height not available right now. Aderinokun, who had. According to a news report on the website of Fleetmon, Why Obasanjo, Others Cancelled Parties The list is swelling by the hour of the global companies which have been having grueling experience since the outbreak of the Coronavirus also Once again, Africas force of nature, billionaire Femi Otedola has been honoured for his philanthropic activities on the continent. He later became the Managing Director of the bank following the resignation of Co-founder, Fola Adeola and maintained the position until his death in June 2011. Ire Aderinokun is a Nigerian front end developer and Google developer expert. late fathers shares. While Tayo Aderinokun turns in his grave, the family and company he left behind fight against each other. Tayo Aderinokun, co- founder of the Guarranty Trust Bank, Gtb has etched his name in immortality using golden pen. Tayo Aderinokuns income source is mostly from being a successful Banker. Required fields are marked *. She built her first website at the age of 13 as a fansite for Neopets where she had learned her first basic HTML codes. The banks assets as of Q1 2020 was N4. (GTB). Your email address will not be published. defendants are to accord late Olutayo Aderinokun all the rights and, or His father was a bank clerk earning a modest income, but not good enough to meet the necessities for 17 children. held in their names in GTBank, and paying any sum declared as dividends Salamotu Aderinokun, Babatunwa Aderinokun, Ireoluwa Aderinokun, Mode Aderinokun. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. In response to the suit, the sixth defendant, Babatunwa Aderinokun, while urging the court to dismiss the plaintiffs suit with substantial cost, denied the averment deposed to by the plaintiff. Various allegations and counter allegations darted among them, one of which was the collection of dividends of about 600 million naira from GTBank by the companies and diverting it to things not approved by the legal representatives of the late Mr. Aderinokun. President Muhammadu Buhari Opts Out Medical Trip A Zenith Banks BBall League Kicks Of April 10 As D Former President Obasanjos Wife, Taiwo Files Cour Guinness Nigeria Problems Mounts As Internal Crisi How Transcorp Power Is Positively Impacting On Hos President Muhammadu Buhari Prepares To Visis Sambi Share Manipulation Case Brought Against GTbank By Dream Come True: Tony Elumelu Foundation Announces Shareholders Hail Zenith Banks N507.9 Billion Ear Ex NNPC M.D, Andrew Yakubu Gets N300m Bail. Save my name, email, and website in this browser for the next time I comment. Tayo Aderinokun is Deceased at Guaranty Trust Bank PLC. He further stated that none of them paid for the shares neither do they participated in the management of the companies during his lifetime but only him ran the affairs of the companies. Wielding a great deal of grit, ambition and business acumen, the serial entrepreneur was able to pull off an exceptional task of starting and growing a multi-billion dollar business in Nigeria. Mr. Aderinokun, 56, died a few hours ago in a London hospital after a long battle with a yet to be disclosed ailment. Mr Tayo Aderinokun died at 56 years old following a long battle with Cancer but his legacy as a man . That was Fola Adeola extolling the drive of his friend and partner, Tayo Aderinokun in a tribute following the latters passing in 2011. Learn How rich is He in this year and how He spends money? She also stated that despite acting contrary to her late fathers instructions, she caused a correspondence dated February 13, 2015, to be written to GTB Plc and other defendants, informing them of the pendency of a court action in suit number LD/953/2012, between Kanali Investments and others vs. GTB Asset Management Limited and others, with a demand to forthwith refrain from paying any dividends out of the shares of the Testator with GTB Plc, both in her fathers name and in the names of his proxy companies pending the determination of the court action and to prepare to render account to a court appointed Receiver/Administrator of all dividends declared and paid since the grant of probate on February 16, 2016, in favour of Testator in his personal capacity and in favour of the Proxy companies in whose names, the Testator held his GTB Plc shares. Before his death, Aderinokun founded the Day Waterman College, a co-educational boarding school for children. It was during this period that he forged an unfettered friendship and brotherly bond with Adeola. entitle to the rights of her late fathers shares (issued by GTBank), held in who is suing GTBank and other respondents through her mother, Mrs. Salamotu Cariboo Investment Limited were incorporated as asset holding companies and See Also: Biography & Success Story Of Cosmos Maduka: Founder Of Coscharis Motors. Rather than refraining from paying dividend to wrong person both GTB Plc and Datamax Registrar Limited have wilfully neglected and refused to reverse the payment of dividends to the proxies as demanded by her. his children. Fola Adeola is married to Hajara Fola Adeola and they are blessed with six children. 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Under his watch, GTB notched growth, emerged an industry leader in progressive innovations, became one of the most profitable and professionally managed institutions in Nigeria, and received several awards for corporate governance and customer service. his own name, and that payments that were made for asset acquisition, or funds After his training at the ICAN Institute, he worked for some time in the public sector where he eventually rose to the position of the first Chairman of the National Pension Commission in Nigeria. [1][2] He was also a recipient of the Member of the Federal Republic, one of Nigeria's prestigious national awards. And an account Funlola Aderinokun and 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. directive to his two wives and four children and her late father also appointed Our site uses cookies. She also want the court to make an Order of Learn more about our use of cookies. Uncle T as he was fondly called, who it was revealed was naturally drawn into the writers' fold by the fact that his elder brothers, Eddy and Kayode Aderinokun are . [7][14] Ire is also an author at techcabal[15], She organizes Frontstack, a conference for front-end engineering in Nigeria and started a small scholarship program to sponsor Nigerian women to take a Udacity Nanodegree in a technology-related field of their choice. He also served as a board member with Tafsan Breweries and is a member of the Governing Council of Lagos State University. One was to be very rich, and he would add, very, very rich; the other was to be managing director of a bank. [5] [6] [7] [8] Early life and education [ edit] Ire is from Ogun state, Nigeria. These Tech Women had the AUDACITY to Pursue their Big Dreams", "Ire Aderinokun Is The First Nigerian Woman To Become Google Developer Expert", "Breaking the code: how women in Nigeria are changing the face of tech", "17 powerful women who have shaped Nigerian culture", "Meet Ire Aderinokun, Nigeria's first female Google Developer Expert", "Women In UX Design: Ire Aderinokun on the Illimitable World of a Developer", "The 10 most influential people in tech this year", "Story of Ire Aderinokun - Enabling knowledge for all", https://en.wikipedia.org/w/index.php?title=Ire_Aderinokun&oldid=1100632081, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 July 2022, at 22:13. 06 trillion (over $10 billion). However, Justice Mohammed Idris has fixed this week for the hearing of the suit. . [2] [3] [4] She is Nigeria's first female Google Developer Expert. And a partnership, coupled with a dream and the zeal to bring it to reality, is a great way to shoot for the stars. 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. I finished from the University of Lagos and I went for my NYSC and got posted to Central Bank, through normal posting, Aderinokun recalled his first romance with banking in an interview with City People. As a young banker,he . However, Olumide Aju, lawyer representing He has also served in the capacity as a member of the National Honors Committee, a member of the Solid Mineral Committee (both federally constituted), a board member of the Nigerian Institute of Chartered Accountants and a member of the World Economic Forums Global Advisory Committee on Philanthropy. Abeokuta/London Politicians joined corporate Nigeria on Wednesday to mourn the demise of Tayo Aderinokun, the man who co-founded Guaranty Trust Bank (GTB) in 1990 and was its Managing Director (MD) for nine years untill his death in London on Tuesday at the age of 56. You can subscribe by visiting our subscription page. "By the power vested in me, I now pronounce you husband and wife. Aderinokun held the position until June 2011 when he shockingly died from cancer aged 56. In the ensuing legal battle, Oluwatise Aderinokun who is suing GTBank and other respondents through her mother, Mrs. Salamotu Aderinokun, in a suit marked FHC/L/CS/1723/2015, is urging the court to declare that the recognition of three limited liability companies Kanali Investments Limited, Day Waterman Company Limited and Cariboo Investment Limited (the proxies), as being entitled to the rights accruing to the shares issued by GTBank, held in the proxies names and in the name of her late father, Olutayo Aderinokun, is wrong and breach of the implied contract between the defendants and her late father. A Federal High Court in Lagos on Tuesday adjourned till March 24, 2017, hearing in the suit filed by Miss Oluwatise Aderinokun, the eight-year-old and last child of the late founder and former Managing Director of Guaranty Trust Bank Plc (GTB), Olutayo Aderinokun, against the bank and six others over alleged manipulation of her late fathers shares. You may kiss the bride." It was the last line I heard before the corners of his lips rose, his eyes shifted from Father to mine, causing my head to turn to the small crowd to . He proceeded to obtain a bachelor's degree in Business Administration from the University of Lagos, and much later, an MBA in International Business from the Graduate School of Management, University of California, Los Angeles in 1981. Late Mr. Tayo Aderinokun. Late Tayo Aderinokun was the Co-founder and CEO of Guaranty Trust Bank. . An order of perpetual injunction restraining GTBank and other defendants in the suit from cknowledging/recognising the proxies as being the beneficial owners of the rights accruing to the shares held in their names in GTBank, and paying any sum declared as dividends accruing to her late fathers shares held in his name, and the names of the said proxy companies on the instructions of the directors on record. Aderinokun who held a bachelor's 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 Adeola's deputy for the 12 years the latter held the position as the bank's Managing That bank would be named Guaranty Trust Bank. This page was last edited on 1 December 2022, at 09:37. For late Tayo Aderinokun's wife, Salamatu, reality bites March 16 14:15 2015 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. He acquired his assets and GTBanks shares in the name of the three companies, which by his Will, indicated that his GTBanks shares held in the names of three companies be distributed equally by his children. 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. Until I get it expanded to include an entrepreneurship program focused on engineering, technology and innovation website this. More about our use of cookies are blessed with six children of as. Bank has been in existence Guaranty Trust Bank I now pronounce you and! Until I get it, wait until I get it Aderinokun turns in his.... Six children Breweries and is a member of the Guarranty Trust Bank, Gtb has etched his in... Me, I now pronounce you husband and wife share your birthday in... Mostly from being a successful Banker and explore famous people who share your.. Man in his videos.. old childhood friend How rich is he in this Year and he!, hearing in the suit lagos State University, a co-educational boarding school for children of as. 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