Tag: Bayo Ogunlesi

  • Bayo Ogunlesi:  The Trump adviser

    Bayo Ogunlesi: The Trump adviser

    FOR Nigerian-born, U.S.-based ‘Bayo Ogunlesi success is indeed very predictable which is why his nomination by U.S. President-elect Donald Trump as a member of his Strategic and Policy Forum charged with advising the president on economic matters didn’t come as a surprise to many who have followed the former’s career path over the years.

    The Forum is designed to provide direct input to the president from many of the best and brightest in the business world in a frank, non-bureaucratic and non-partisan manner.

    The Forum, which is composed of some of America’s most highly respected and successful business leaders, will be called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his plan to bring back jobs and ‘Make America Great Again’.

    The 63-year-old Nigerian, is the only African face in the 16-man team headed by Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone.

    A multi-disciplinarian with expertise in different fields which cuts across banking, finance, aviation, investment, emerging market, the businessman sure has a lot going for him.

    Ogunlesi who is from Makun, Sagamu, Ogun State in Nigeria, is the son of Theophilus O. Ogunlesi, the first Nigerian professor of medicine at University of Ibadan.

    He attended King’s College, Lagos. He received a B.A. with first class honors in Philosophy, Politics and Economics from Oxford University, England. In 1979, he received a J.D. magna cum laude from Harvard Law School and an M.B.A. from the Harvard Business School, which he pursued at the same time. During his time at Harvard, he was on the Harvard Law Review.

    Ogunlesi, who is chairman of Global Infrastructure Partners, a private equity firm and one of Fortune 500 companies, has a majority stake in London Gatwick Airport.

    The company acquired the stake at the airport in 2009 in a £1.455 billion deal. Global Infrastructure Partners is a joint venture whose initial investors included Credit Suisse and General Electric. As of November 2016, Global Infrastructure Partners had aggregate assets under management of approximately US$35 billion with its investments largely concentrated in OECD countries.

  • Trump includes Nigerian in strategic team

    Trump includes Nigerian in strategic team

    United States President-elect, Donald Trump, on Wednesday formally unveiled  Nigerian Bayo Ogunlesi as a member of his policy and strategic team.

    The team will advise the president on economic matters.

    Trump’s Transition Team in a statement on Wednesday, said the president-elect also announced three additional members to join the forum.

    “Earlier this month, President-elect Trump established the President’s Strategic and Policy Forum and announced an initial round of 16 members. “The Forum is composed of some of America’s most highly respected and successful business leaders.

    “They will be called upon to meet with the President frequently to share their specific experience and knowledge as the President implements his economic agenda.

    “The Forum will be chaired by Stephen A. Schwarzman, the Chairman, CEO, and Co-Founder of Blackstone.

    “America has the most innovative and vibrant companies in the world, and the pioneering CEOs joining this Forum today are at the top of their fields,” Trump said.

    According to Trump, my administration is going to work together with the private sector to improve the business climate and make it attractive for firms to create new jobs across the United States from Silicon Valley to the heartland.

    Members of the Forum are to provide their individual views to the President, informed by their unique vantage points in the private sector on how government policy impacts economic growth, job creation and productivity.

    The Forum is designed to provide direct input to the president on many of the best and brightest in the business world in a frank, non-bureaucratic and non-partisan manner.

    With Wednesday’s announcement of three additional members, the individuals on the Forum now include Adebayo “Bayo” Ogunlesi, Chairman and Managing Partner, Global Infrastructure Partners”.

    The others are Stephen A. Schwarzman (Forum Chairman), Chairman, CEO, and Co-Founder of Blackstone; Paul Atkins, CEO, Patomak Global Partners, LLC, Former Commissioner for the Securities and Exchange Commission; and Mary Barra, Chairman and CEO, General Motors.

    Toby Cosgrove, CEO, Cleveland Clinic; Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co; Larry Fink, Chairman and CEO, BlackRock; Travis Kalanick, CEO and Co-founder, Uber Technologies.

    Also in the forum are; Bob Iger, Chairman and CEO, The Walt Disney Company; and Rich Lesser, President and CEO, Boston Consulting Group, are also on the forum.

    Also in the economic advisory forum are Doug McMillon, President and CEO, Wal-Mart Stores, Inc.; Jim McNerney, Former Chairman, President, and CEO, Boeing; Elon Musk, Chairman and CEO, SpaceX and TeslaIndra Nooyi, Chairman and CEO of PepsiCo.

    The list also includes; Ginni Rometty, Chairman, President, and CEO, IBM; Kevin Warsh, Shepard Family Distinguished Visiting Fellow in Economics, Hoover Institute, and Former Member of the Board of Governors of the Federal Reserve System; Mark Weinberger.

    The rest are; Global Chairman and CEO, EY; Jack Welch, Former Chairman and CEO, General Electric; and Daniel Yergin, Pulitzer Prize-winner, Vice Chairman of IHS Markit.

  • Nigerians hail Ogunlesi’s appointment by Trump

    Nigerians hail Ogunlesi’s appointment by Trump

    The Nigerian community in U.S. has lauded the appointment of Bayo Ogunlesi by U.S. President-elect Donald Trump into his Economic Advisory Team, saying it could signal a positive trend for Africa.
    The Nigerians told the Correspondent of the News Agency of Nigeria  (NAN) in New York,  that Ogunlesi has been an excellent ambassador for Africa and Nigeria in particular.
    Mr Michael Adeniyi, former  President of a Nigerian U.S.-based group, the Organisation for the Advancement of Nigerians Inc. (OAN Inc), told NAN that “Bayo Ogunlesi is an excellent and extraordinary Nigerian.
    “He is very humble, brilliant and outstanding in every way you can think of.

    “He has achieved outstanding success in Wall Street and he’s a proud ambassador of Africa, which he started in Kings College.
    “For him to be appointed into Trump’s Economic Advisory Team is a honour to Africa and especially to Nigeria. He will add value to the Trump’s team and he’s worthy of celebrating.
    “Prior to his appointment, Bayo Ogunlesi has been a pride of Africa; he reached the pinnacle of his career in Walls Street through his company which he built from the scratch. He is a round peg in a round hole.”
    Another Nigerian, Prof. Yetunde Odugbesan-Omede, a professor of Global Affairs and Political Science, at Rutgers University and Farmingdale State College, said Ogunlesi has all it takes to contribute to a positive American economic outlook
    “Mr Ogunlesi has an impressive background and will be able to add his perspective and vast knowledge on how to move America forward that will yield positive economic outcomes.”
    Odugbesan-Omede, however, said it was too early to say if the appointment would have any impact on Nigeria.
    “It is too early to determine or come to a conclusion at this moment on whether Mr Ogunlesi’s role will have any impact on Nigeria’s foreign and economic policy.

    “I hope that Mr Ogunlesi will provide guidance on improving both economic and political U.S.-Nigeria relations,” Odugbesan-Omede said.
    Spokesperson for the Permanent Mission of Nigeria to the UN, Pastor Akinremi Bolaji, said Ogunlesi’s appointment was a positive development for Nigeria and Africa.
    “I am not speaking for the Nigerian diplomatic community because I am not in the position to do so; it for the Embassy in Washington to do.

    “Speaking as a Nigerian, it is a good indication and positive development for Africa and Nigeria that we are among the best brains everywhere.

    “It is also to show you that one in every five Blacks is a Nigerian. It is a good indication for our economic and foreign policy.

    “It also shows that Africa and Nigeria have good ambassadors everywhere. Ogunlesi has to see himself as a representative of the Black race as the only Black man that made the list by further distinguishing himself.

    “I advise him to use his opportunity well and he should bring together people of integrity who will not smear his integrity.”

    Bolaji said the younger generation has a lot to learn from his distinction, adding “journalists have a lot to do to tell us how he was able to weather the storm and got recognised worldwide.

    “It also shows that the best economic brains are scattered everywhere in Nigeria. We have the Dangotes in the North, Jim Ovias and Tony Elumelus in the East and South South and Otedola in the West, and now Ogunlesi.

    “If we put our house together, we have people all over the world and at home who have all it takes for us to succeed,” Bolaji said.
    NAN recalls that Ogunlesi, who is the chairman of Global Infrastructure Partners, a private equity firm and one of Fortune 500 companies, was named a member of an economic advisory forum to Trump.
    The 63-year-old Nigerian is the only African face in the 16-man team.
    “President-elect Donald J. Trump today announced that he is establishing the President’s Strategic and Policy Forum,” said a press release from Blackstone published by Business Insider.

    The Forum, which is composed of some of America’s most highly respected and successful business leaders, will be called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his plan to bring back jobs and ‘Make America Great Again’. (NAN)

  • Trump appoints Nigerian on economic advisory forum

    Trump appoints Nigerian on economic advisory forum

    Nigerian-born Adebayo Ogunlesi, who is the chairman of Global Infrastructure Partners, a private equity firm and one of Fortune 500 companies, has been named a member of an economic advisory forum to U.S. President-elect Donald Trump.

    The 63 year-old Nigerian is the only African face in the 16-man team, which has Steve Schwarzman, CEO of private-equity giant Blackstone as chairman.

    “President-elect Donald J. Trump today announced that he is establishing the President’s Strategic and Policy Forum,” said a statement from
    Blackstone.

    “The Forum, which is composed of some of America’s most highly respected and successful business leaders, will be called upon to meet with the
    president frequently to share their specific experience and knowledge as the president implements his plan to bring back jobs and Make America Great Again,” Blackstone said.

    The members of the forum are: Stephen Schwarzman (forum chairman), Chairman, CEO, and co-founder of Blackstone; Paul Atkins, CEO of Patomak Global Partners, former Commissioner of the Securities and Exchange Commission; Mary Barra, Chairwoman and CEO, General Motors

    Others include Toby Cosgrove, CEO, Cleveland Clinic; Jamie Dimon, Chairman and CEO, JPMorgan
    Chase & Co.; Larry Fink, Chairman and CEO, BlackRock; Bob Iger, chairman and CEO, The Walt Disney
    Company

    Trump also appointed Rich Lesser, President and CEO, Boston Consulting Group; Doug McMillon, President and CEO, Wal-MartStores Inc.; Jim McNerney, former chairman, President, and CEO of Boeing; Adebayo, “Bayo” Ogunlesi, Chairman and Managing partner, Global Infrastructure .

    Apart from being managing partner of Global Infrastructure, Ogunlesi also serves on the boards of Callaway Golf Co. and Kosmos Energy Ltd.

    The former chairman of Africa Finance Corporation and serves on the boards of various not-for-profits ranging from New York Presbyterian Hospital to the NAACP Legal Defence and Educational Fund, Inc. Ogunlesi, whose father came from Makun, Sagamu in Ogun, was born in 1953.

    His father, T.O. Ogunlesi, was Nigeria’s first Professor of medicine.

    After attending Kings College, Lagos, for his secondary education, he received his B.A. with first class honours in Philosophy, Politics and Economics, from Oxford University.

    He graduated from Harvard Law School in 1979 and later got an MBA from Harvard Business School.

    Ogunlesi had a banking career with Credit Suisse First Boston from 1983 and rose to become its executive vice chairman.

    Before joining Credit Suisse, Ogunlesi was an attorney in the corporate practice group of the New York law firm of Cravath, Swaine & Moore.

    From 1980-81 he served as a law clerk to Associate Justice Thurgood Marshall of the United States Supreme Court.

    He was a lecturer at Harvard Law School and the Yale School of Organization and Management, where he taught a course on transnational investment projects in emerging countries, according to Wikipedia.

    He is married to an optometrist, Dr. Amelia Quist- Ogunlesi.

    His company, Global Infrastructure, managesGatwick Airport in the UK.(NAN)