Dr funke osibodu biography
Mr. Victor Osibodu is founder, Vigeo Holdings Ltd, a multi-billion business empire jointly owned and run with his wife, Mrs. Funke Osibodu, who is adirector in the group and chief executive officer of Vigeo Capital Limited. Victor, a pharmacist and Funke, an economist/banker have combined their professional callings to become one of Africa’s leading power couples.
They are the brains behind the multi business enterprise that is Vigeo Holdings today. The company’s operations are organized in five distinct business divisions operated through subsidiaries – capital, marketing & distribution, oil & gas, power and shipping.
Funke’s experience in banking comes in the capital market operations where the company offers stock brokerage, asset management and advisory services in estate planning, insurance and finance. The service portfolio includes discretionary and non-discretionary fund management activities. It also extends to property acquisition, construction and project management, marketing, and sale of properties, off-plan real estate ventures and property and facility management.
The company also delivers light meal and refreshments through automated vending machines used in banks, hospitals, educational institutions and airports. It provides marketing management services such as corporate services, including corporate rewards, award services, accessories and memorabilia. Other services include various aspects of brand management, including merchandising, channel development, promotional materials, experiential marketing services, road shows and product launches.
The group offers technical support services in the areas of steel products, engineering and maintenance, oil field operations and safety equipment. It also offers operational support to oil and gas companies and energy businesses and handles offshore vessel support services.
The group’s service portfolio also incorporates customer service management, marketing management, ICT, payme Funke Osibodu is a veteran management guru and Director at Vigeo Power LTD, one of the leading private sector companies changing the landscape of electricity distribution and infrastructure in Nigeria. Olufunke Osibodu had always known she wanted to be a banker. She went for her dream and made it big, in the process heading several positions in a number of top-notch banks. But this was not all: she also became very instrumental in the introduction of several banking innovations in Nigeria. She continues to play relevant roles in Nigeria’s financial sector. I was born on 11 January 1959 in Lagos to a family of diverse origins. My mother, Muriel Marion Johnston, came from two country lineages – Nigeria and Sierra Leone. Her mother was from the Efik ethnic group of Cross Rivers State, Nigeria, while her father was an immigrant from Sierra Leone. My father also had roots from two different countries, namely Nigeria and Brazil. His father’s Nigerian ancestry, the Agbe-Davies family, is traced to both Lagos and Ijebu-Ijesha whilst his mother’s, the Emanuel family, represented the Lagos and Brazilian side. This was the setting prior to my birth. Despite having a good background, my childhood experiences were with my mother. My late father, Arthur Ademola Davies, the only son of his reasonably wealthy parents, lived a carefree and fun-filled life. He lost his dad quite early and was raised by his mother, Feyisayo (Emanuel) Davies. He later had several children from different women but found it difficult to stay for long with any. Therefore, my siblings and I (seven of us) were raised by our mothers. There were two of us from my mother (Muriel Marion Johnson), my elder sister Omolara Davies and myself. Thirteen years after I was born, I had a baby sister, Edith Lardner (now Edith Atobatele). I can recall that when I was very young my father was with us at Layeni Street, Lagos, with his eldest son (my oldest brother) now Professor Eb .Women You Should Know: Olufunke Iyabo Osibodu
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Analysts said Mrs Osibodu leveraged her hands-on experience in business turnaround to return Union Bankto its pride of place as one of Nigeria’s most formidable financial institutions. Osibodu was the Managing Director of MBC International Bank and Ecobank Nigeria Plc and later joined the board of the Ecobank Transnational Incorporated (ETI). She came to notice when there was a shake-up in the Nigerian banking industry when five bank CEOs were dismissed on 13 August 2009, and five replacements were named by the Central Bank of Nigeria. She was chosen to lead the Union Bank of Nigeria replacing Bartholomew Bassey Ebong. Others replaced on the same day included the CEO of FinBank who was replaced by Suzanne Iroche. Ebong was sacked for giving collateral-free multibillion-dollar loans to speculators that included Peter Ololo. According to the global jury of experts constituted by FT, she was chosen in recognition of her achievements at Union Bank. The jury said: “Osibodu was responsible for strengthening the management of the bank, improving discipline and ensuring transparency.” The industry is still watching her next move with keen interest. No doubt she will be courted by boards of leading companies to serve in an advisory capacity.
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Exploits with Union BankUnion Bank under Osibodu survived its most challenging era in history, coming after a debt crisis and corporate governance issues, which brought the Nigerian banking industry close to collapse in 2009. This had prompted the Central Bank of Nigeria (CBN) to fire the fo Birth, Background and a Balance