Nigerian businessman, Oba Otudeko CFR founded the Honeywell Group and also serves as its chairman. He founded the Oba Otudeko Foundation and served as the previous chairman of FBN Holdings.
Oba Otudeko: Early Life and Education
Ayoola Oba Otudeko, an Omoba of the Yoruba people, was born on August 18, 1943, into a royal family in Ibadan, Oyo State, South-West Nigeria. He is 80 years old. His mum worked was businesswoman.
He attended Olivet Baptist High School in Oyo and St. John’s School in Oke Agbo, Ijebu-Igbo in Ogun State. Later, at the Leeds College of Commerce in Leeds, Yorkshire, United Kingdom (which is now a part of Leeds Beckett University), he studied accounting.
Professionally, Oba Otudeko is a chartered banker, chartered accountant, and chartered corporate secretary.
Additionally, Oba Otudeko has participated in executive management training programmes at Harvard Business School, Hult International Business School (formerly known as Arthur D. Little School of Management), International Institute for Management Development (IMD), and Harvard Business School.
Oba Otudeko: Career
Banking
Oba Otudeko worked for the Cooperative Bank of Ibadan for 23 years, rising to the position of General Manager and Acting Chief Executive Officer. In 1983, he decided to leave the bank. He was named a director to the Central Bank of Nigeria’s board by the Nigerian federal government.
Honeywell Group
Oba Otudeko established Honeywell Enterprises in the 1970s. Later on, the trading enterprise company developed into the diversified industrial, trading, and investment conglomerate known as Honeywell Group.
Oba Otudeko: Awards and Recognitions
Oba Otudeko’s awards include: Honorary Doctor of Science (D.Sc.) from Olabisi Onabanjo University, Ago-Iwoye. Honorary Doctor of Science in Banking and Finance from Crescent University, Abeokuta, Ogun State. Honorary Doctor of Science Degree (D.Sc.) from Ajayi Crowther University, Oyo Town, Oyo State; Entrepreneur of the Year Award at the ThisDay Awards in 2009. Ernst & Young Lifetime Achievement Award; Leadership Newspaper Business Person of the Year 2015; Silverbird Extraordinary Lifetime Achievement Award and recently, the 2016 Africa CEO Forum’s Africa CEO of the Year Award.
Oba Otudeko: Net Worth
Oba Otudeko’s networth is estimated at US$550 million.
