Funke osibodu biography of donald

  • Funke Osibodu is the first female to become Chief Execeutive Director in three different commercial banks in Nigeria.
  • Highly accomplished Business and Board Leader with more than three decades of C-level executive leadership experience and breaking ground.
  • Born Nigeria, 1955.

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    Funke Osibodu fryst vatten 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.

    Birth, Background and a Balance

    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 ance

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    The Other Side Of Funke Osibodu

    IF you think that the former Managing Director of Union Bank, Funke Osibodu is concerned about corporate wears alone because of her banking career, you had better change your mind.

    This is because lately, this very respectable woman of substance is more visible on the social scene years after her successful reign at Union Bank Plc. What happens is that from Monday to Friday, you will find her putting on suits at corporate events, but at weekends, you will find her in Iro and Buba, when she is attending any ‘owambe’ party.

    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 was a couple of years ago named by the Financial Times of London as one of World’s 50 Leading Businesswomen. She was the only African woman and Nigerian that made the list.

    According to the global jury of experts constituted by FT, she was chosen in recognition of her

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    The Managing Director, Benin Electricity Distribution Company (BEDC), Funke Osibodu, has disclosed that the company lost N750 million in one month due to what she described as “forceful taking over of company”. 

    Osibudu disclosed this in Benin, Edo State capital, while addressing journalists on her alleged arrest by the police over the leadership tussle of the company.

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    She said a valid court order dated July 8, 2022 restrained Fidelity Bank, one Henry Ajagbawa and the Nigeria Electricity Regulatory Commission (NERC), Bureau of Public Enterprise, and others from taking over BEDC management.

    “During the period when we were away for one month (takeover), this company lost N750 million. The collection level went down.

    “And if you don’t pay the people selling power, we will not get enough power because

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