Tag: Ogunbanjo

  • Firm announces funeral arrangements for Ogunbanjo

    Firm announces funeral arrangements for Ogunbanjo

    A law firm, Chris Ogunbanjo & Co., has announced funeral arrangements for their esteemed Managing Partner, Otunba Abimbola Ogunbanjo (OFR), who died on February 9 in California, USA.

    According to a statement released by the firm yesterday in Lagos, series of events have been planned to honour Ogunbanjo.

    A service of songs and night of tributes will hold on February 29, followed by a funeral service on March 1 at the Church of the Nativity, Parkview. Private interment follows at The Anchorage, Erunwon. The family has requested privacy “during this difficult time.”

    Otunba Ogunbanjo was not just a leader, but also a revered figure known for his wisdom, integrity and dedication to legal excellence. He served as a guiding light for individuals within the firm and beyond, leaving an indelible mark on the Nigerian legal landscape.

    “He was more than just a leader; he was a guiding light, a mentor and a symbol of legal excellence,” said the firm.

    “His absence leaves a significant void not only within our firm, but also across the legal and business communities in Nigeria.”

    Ogunbanjo’s legacy extended far beyond the courtroom. He was a passionate advocate for professionalism, innovation and entrepreneurship, values he instilled within the firm and inspired others to adopt.

    He was also a role model, embodying the timeless values of the firm’s founder, the late Chief Chris Ogunbanjo, OFR, CON.

    The firm expressed their commitment to upholding his legacy and carrying forward his vision with unwavering determination.

    “As we reflect on Otunba’s remarkable contributions, we are determined to honour his memory by rededicating ourselves to the pursuit of excellence that he championed,” the statement said.

    Abimbola Ogunbanjo was the Group Chairman of the Nigerian Exchange Group Plc (NGX Group) from 2021 to 2022.

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    He played a crucial role in shaping NGX Group, and his strategic acumen and dedication were instrumental in shaping NGX Group’s transformative journey.

    Prior to this, he served as the President of the National Council of the Nigerian Stock Exchange (NSE) from 2017 to 2021.

    Ogunbanjo was a distinguished legal practitioner, serving as Managing Partner of Chris Ogunbanjo LP (Solicitors). He had extensive experience in commercial law, with a particular focus on capital markets, shipping and mergers and acquisitions.

    He was also on the boards of several multinational corporations and non-profit organisations, including Beta Glass PLC and the Advisory Board of the University of Buckingham Centre for Extractive Studies.

  • NGX Group, others mourn Ogunbanjo, Wigwe

    NGX Group, others mourn Ogunbanjo, Wigwe

    Representatives of the board and management of Nigerian Exchange Group (NGX Group) and other key stakeholders of the capital market paid condolence visits to the families of late Mr Abimbola Ogunbanjo and Dr Herbert Wigwe.

    The delegation, led by Alhaji Umaru Kwairanga, Group Chairman, NGX Group, included representatives from Chartered Institute of Stockbrokers (CIS), Association of Dealing Houses of Nigeria (ASHON), Central Securities Clearing System (CSCS) Plc, and NG Clearing, according to a  statement yesterday, The News Agency of Nigeria (NAN) reports that late Ogunbanjo, former Chairman of NGX Group, Wigwe, Group CEO of Access Holdings, his wife and son died on Feb. 9 in a helicopter crash in Southern California, U.S.

    At the Ogunbanjo’s family, Kwairanga hailed the leadership style of the late former NGX Group chairman in the capital market, adding that he was kind and humble.

    Mr Temi Popoola, Group Chief Executive Officer (Group CEO) of NGX Group, acknowledged Ogunbanjo’s significant impact on the Nigerian capital market.

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    Popoola recognised the transformative leadership of late Ogunbanjo during his tenure as the Council President of the Exchange and the first Group Chairman of the NGX Group.

    The former NGX Group CEO, Mr Oscar Onyema, described the loss of Ogunbanjo as very painful, adding that only God can grant his family the strength to bear the loss.

    Mr Oluwole Adeosun, CIS President, said that late Ogunbanjo was a dependable and trustworthy supporter of the institute.

    Mr Haruna Jalo-Waziri, CEO of CSCS, described the late former NGX Group chairman as a good man to the core.

    Mr Tinu Awe, CEO of NGX Regulation Ltd. (NGX RegCo), consoled the Ogunbanjo’s family, noting that the late NGX group chairman is irreplaceable in the capital market.

    At the Wigwe’s family, Kwairanga expressed the shock of the capital market’s community to the death of Wigwe and pledged ongoing support of the market to Access Holdings.

    The NGX Group chairman described Wigwe as not just a corporate mogul but also as a renowned philanthropist committed to community service and the progress and development of the nation.

    “Wigwe played a pivotal role, bringing his exceptional passion, energy, and expertise to the transformation of Access Bank and the financial sector.

    “The NGX Group and Nigerian capital market community stand in solidarity with the bereaved families during this challenging time,” he said.

    Mr Aigboje Aig-Imokhuede, Wigwe’s partner and the Chairman of Coronation Group, expressed gratitude for the acknowledgment of Wigwe’s contributions and pledged to uphold his legacy.

  • About Abimbola Ogunbanjo

    About Abimbola Ogunbanjo

    Chief Abimbola Ogunbanjo was a leading corporate lawyer and boardroom guru. Former Group Chairman of Nigerian Exchange Group (NGX Group) Plc, Ogunbanjo led the transformation of the Nigerian Stock Exchange (NSE) from a non-profit, member-based organisation into a public limited liability company, with its shares publicly quoted for all investors to participate in the ownership of the country’s oldest securities exchange.

    The conversion of the then NSE, otherwise known as demutualisation, birthed the NGX Group as a non-operating holding group and the separation of the trading and regulatory arms of the Exchange.

    A versatile corporate lawyer, Ogunbanjo led the emergent NGX Group in its formative years between 2021 and 2022. He had served as the President of the National Council of the NSE from 2017 to 2021.The late Ogunbanjo was credited with several landmark initiatives at the Exchange, including the launch of West Africa’s first Exchange Traded Derivatives market.

    He was born to the family of Chief Chris Ogunbanjo, a foremost corporate lawyer, industrialist and philanthropist, who passed away late last year. Until his death, Abimbola Ogunbanjo was Managing Partner of the renowned corporate law firm of Chris Ogunbanjo LP (Solicitors), his family’s iconic law firm.

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    Abimbola Ogunbanjo was a director on the boards of many other companies including Beta Glass Plc, GTL Registrars Limited, AIICO Insurance Plc, ConocoPhillips Limited, Chris Ogunbanjo Foundation and the Advisory Board of the University of Buckingham Centre for Extractive Studies among others.

    A registered Nigerian capital market consultant, Ogunbanjo is a member of the International Bar Association, Nigerian Bar Association and Institute of Petroleum.

    A philanthropist and dedicated social worker, Ogunbanjo was Global Ambassador for the Cervical Cancer-Free Nigeria (CCFN) campaign, an initiative of the Global Oncology (GO), a US-based non-profit organisation supported by Standford University.

    He was conferred with the traditional title of Bamofin of Erunwon Ijebu Kingdom in veneration of his legal acumen. The late Ogunbanjo was also conferred with national honour of Officer of the Order of the Federal Republic (OFR).

  • Ogunbanjo: Father of modern corporate law practice

    Ogunbanjo: Father of modern corporate law practice

    • By Joseph Onele

    Last weekend, the news was received that Chief (Dr) Christopher Ogunbanjo OFR,CON, peacefully transitioned into eternal glory, surrounded by his beloved family, in his centennial year and barely just a couple of months to his centenary birthday. Chief Ogunbanjo was born in the Parsonage of Epiphany Church, Erunwon, Ijebu-Ode, Ogun State on Friday, December 14, 1923. A son of a clergyman, he had his early education at St Philips School, Aiyetoro, Ile-Ife, Osun State from where he proceeded to Oduduwa College in 1936. He would then go onto to Igbobi College, Lagos in 1938 and left in December 1941 after obtaining the Cambridge School Certificate with exemption from London Matriculation. He passed the LLB Laws Degree of London University in 1949 and was to the Bar in Lincoln’s Inn in 1950. He became a Barrister-at-Law and Solicitor of the Supreme Court of Nigeria in August 1950.

    Capturing how prominent Chief Ogunbanjo’s influence was in the 1950s and 60s, Chief (Dr) Olusegun Oladipo Osunkeye CON, OFR, FCA, in Essays in Honour of Chief (Dr) Christopher Ogunbanjo OFR, CON @95, noted that for prospective investors intending to set up business in Nigeria during that time, the gateway to entry would normally start with making enquiries from Barclays Bank DCO and Bank of British West Africa and those two banks would readily give the name of Chief Ogunbanjo because of the confidence they have had in him, his integrity, competence, thoroughness, and professionalism. Chief Ogunbajo would go on to distinguish himself as the father of modern corporate law practice in Nigeria – a title best used for a trail blazer cum founder of the pioneer indigenous commercial law firm in Nigeria which competed favourably with the corporate law firm of Irving & Bonnar at that time.

    Chief Ogunbanjo would also earn the coveted title of “Captain of Industry’’ – perhaps for his role as a founding member of  the Nigerian American Chamber of Commerce, Nigerian-British Chamber of Commerce (Life Patron since 1987) and Honorary Life Vice-President of the Lagos Chamber of Commerce and Industry since 1979 and for his sterling reputation for pioneering/nurturing indigenous industrial ventures in Nigeria, given the economic genius he was.

    Beyond earning an illustrious reputation for promoting education, research and a peaceful society geared towards adding benefit to all, Chief Ogunbanjo would go on to serve in various capacities including as the first chairman of the Nigerian Council for Management, Education and Training, the governing body of the Centre for Management Development (1972-76). He served as the chairman of the Study Group on Industrial Policy set up by the federal government to examine industrial development in Nigeria (1984). After this, he would go on to serve as the chairman of the Consultative Committee on Company Law to advise on a new Companies Decree promulgated in 1990.

    As aptly captured in the words of Hon. Justice Mohammed Bello GCON – former Chief Justice of Nigeria, Chief Ogunbanjo “kept alive his concerns not just for an industrialised and economically progressive Nigeria, but also where peace will reign among the diverse interests and ethnic orientation of the people of our beloved country.” To know Chief Ogunbanjo was to know an extraordinary and patriotic Nigeria dedicated to an industrialised, economically developed and progressive Nigeria with peace being at the centre of such lofty and detribalized pursuits.

    Chief Ogunbanjo’s passion for Nigeria’s economic growth and development would explain why he wrote extensively on the Nigerian economy. Some of his thoughts in this regard would form a collection of papers found in two books, to wit: Nigeria’s Economic and Industrial Development – Which Way Forward? (1983); Nigeria – The Search for Economic Stability (1986).

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    Honoured home and abroad as evident in his 1981 decoration as Officer Orange Nassau by Queen Beatrix of The Netherlands and 1982 conferment with the National Merit Award of Officer of the Order of the Federal Republic (OFR), in 1986, he was honoured with the title of Fellow of the Nigerian Institute of Management and in 1987, he was awarded the Doctor of Civil Laws (D.C.L) by Obafemi Awolowo University. The University of Lagos would follow on in 1988 with the award of Doctor of Laws (LL.D) and in 1990, he was equally honoured by home grown University – Ogun State university, Ago-Iwoye with the title of Doctor of Sciences (D.Sc) – a proud moment for the illustrious son of the Ogun State. 

    A seasoned legal luminary and distinguished figure in Nigeria’s legal and business communities, whose multifaceted roles as an industrialist, corporate lawyer and philanthropist would leave indelible impressions in these important fields as he empowered and mentored numerous professionals from Nigeria and beyond. Perhaps, one of the best credits ever given to chief was by Mr Asue Ighodalo, founding partner, Banwo & Ighodalo, chairman, Nigerian Breweries Plc, chairman, Board of Directors, Sterling Bank Plc, chairman, Levene Energy Group Limited, when he opined: “…I had the unique privilege of undertaking the mandatory law firm attachment with the firm of Chris Ogunbanjo & Co. It was … the leading commercial law firm in Nigeria at the time… I enjoyed the six weeks I spent there. I liked the firm, the people, the quality of the work and the exposure. Once I completed my law school exams and I was called to bar, I asked if I could come back to work in the firm. I worked there for about six years, they were six wonderful and professionally fulfilling years. I was exposed to everything about commercial law. Chief Chris Ogunbanjo was a great boss, a fantastic person, and very generous in imparting his deep knowledge and wide exposure. I was exposed to complicated transactions. We worked in an atmosphere of intellectual intensity, where everybody was primarily responsible for their work, and my time there was indeed a blessing. I really want to thank Chief Ogunbanjo for the experience, and my friend Tokunbo for the opportunity. That was the greatest influence on my career, and I am truly grateful for it.”

    Ever desirous of giving back, he would go on to start The Chris Ogunbanjo Foundation with a passion for touching mankind and positively affecting lives through championing of ideals that bind us together.

    To know Chief Ogunbanjo was to know an unwavering beacon of courage, moral integrity, and dedication to his beloved country. His impactful life was best characterised by an exceptional commitment to selfless causes, extraordinary of life of service to his community and people, as well as a sterling reputation for promoting best business practices and unblemished reputation.

    Highly decorated and honoured recipient of several prestigious chieftaincy titles, including Olotu of Ijebuland, Larinja of Egbaland, Gbadero of Lagos, Lerinja of Egbaland, Baba Oba of Ijebu Imusin, and Baba Oba of Erunwon Ijebu, Chief Ogunbanjo was also well known for championing causes close to his heart and dedicating himself to grassroots community development as well as advocacy for peaceful co-existence between Nigerians from diverse backgrounds.

    Until his death, he was the patron, Nigerian/America, Chamber of Commerce, patron, Nigerian/British Chamber of Commerce, grand patron, Ijebu-Ode Chamber of Commerce, Industry, Mines and Agriculture; life patron, Christian Charity Band of Nigeria; chairman and trustee, Ogun State Development Trust Fund, amongst others.

    His legacy, best exemplified by his invaluable contributions to worthy causes, economic growth, and development, modern corporate cum commercial law practice, as well as peaceful co-existence amongst Nigerians and Africans at large, will continue to stand the test of time and championed by all those who have had the chance to drink from his ever-flowing fountain of knowledge, as well for generations to come.

    • Onele is a lawyer and can be reached via thejosephonele@gmail.com
  • President, Abiodun mourn prominent industrialist Ogunbanjo

    President, Abiodun mourn prominent industrialist Ogunbanjo

    • Philanthropist dies at 99

    President Bola Ahmed Tinubu and Ogun State Governor Dapo Abiodun have mourned one of Nigeria’s most celebrated corporate lawyers and patriarch of the Ogunbanjo Family of Ijebu-Ode, Dr. Christopher Ogunbanjo.

    The eminent lawyer and philanthropist reportedly died on Saturday.

    He was 99.

    In a statement yesterday in Abuja by his Special Adviser on Media and Publicity, Ajuri Ngelale, President Tinubu said: “Chief Chris Ogunbanjo will be remembered for his extraordinary life of service to his community and the promotion of best business practices as a corporate lawyer of untarnished repute. His contributions to the economic development of Nigeria and commercial law practice in our country will endure.”

    The statement, which captured the decorated life of Dr. Ogunbanjo, added: “President Tinubu has expressed his condolences to the Ogunbanjo family and the entire Ijebu-Ode community on the passing of their patriarch and elder statesman, Dr. Christopher Oladipo Ogunbanjo, OFR, OON, who made landmark contributions as one of Nigeria’s most celebrated corporate lawyers.

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    “The President joins the family members, colleagues, friends, and well-wishers of the late legal luminary in mourning the loss of a distinguished figure in Nigeria’s legal and business communities, whose multifaceted roles as an industrialist, corporate lawyer and philanthropist had left indelible impressions in these important fields as he empowered and mentored numerous professionals from Nigeria and beyond.

    “As an honoured recipient of several prestigious chieftaincy titles, such as the Olotu of Ijebu land, Larinja of Egba land, Gbadero of Lagos, Lerinja of Egba land, Baba Oba of Ijebu Imusin, and Baba Oba of Erunwon Ijebu, the President paid tribute to Pa Ogunbanjo for consistently dedicating himself to championing causes close to his heart, including grassroots community development and advocacy for peaceful co-existence between Nigerians from diverse backgrounds.

    “President Tinubu urges all who are mourning this elder statesman, whose life was characterized by an exceptional commitment to philanthropy and the betterment of the country, to reflect on the extensive contributions he had made to the progress of humanity and to carry forward the ideals he lived for.

    “The President prays for the peaceful repose of Pa Ogunbanjo’s soul and divine comfort to his family and loved ones over this irreparable loss.”

    In a condolence message by his Chief Press Secretary, Lekan Adeniran, Governor Abiodun described the death of Chief Ogunbanjo as a great loss to the state, Nigeria, humanity, and the corporate world.

    He commiserated with the Awujale and Paramount Ruler of Ijebu land, Oba Sikiru Adetona, and the people of Ogun State on the demise of the philanthropist.

    “My heartfelt condolences to the entire dynasty of Ogunbanjo over the passing of their patriarch who passed on to the glory few months to his 100th birthday.

    “We take solace in the fact that Baba lived a very impactful and eventful life to the glory of God and selfless service to humanity.

    “May God, in His infinite mercy, rest his soul and grant his family the requisite fortitude to bear the irreparable loss,” Abiodun said.