Greg Nwoko Historic Blog

Tuesday, 11 November 2014

Otunba Mrs Bola Kuforiji-Olubi (1ST FEMALE BANK CHAIRMAN IN NIGERIA)

Otunba Bola Kuforiji-Olubi One-time Minister, Commerce and Tourism, 1993. She has made very valuable contributions to the Nigerian commerce and Industry. She was the first female graduate of Member of the Institute of Chattered Accountants(ICAN) and has served on the council from 1978 to 1991, as the first female member of council. She was elected the first female ICAN President, 1989, as the 25th President. She is also a foundation member and Grand Matron of the Society of Women Accountants of Nigeria (SWAN).


She was the first Nigerian woman to become the Managing Director of an International company in Nigeria, VYB (Nigeria) Ltd. in 1977. First female Chairman of a public quoted company on the stock exchange-BEWAC Plc., the holding company for VYB and its subsidiaries. She also served as the first Chairman, Ogun-Osun State River-Basin Development Authority, 1977-1980.
In recognition of her contribution to the business industry and her immense skill, the Federal Government in 1994, appointed her the Chairman of United Bank for Africa(UBA), the task she meritoriously carried out till 1990. As chairman of UBA, she commenced and successfully ran a program for the provision of finance for both rural and urban women entrepreneurs.
She represents Nigeria in the Business Council for Sustainable Development (BSCD), an Agency of the International Bank for Reconstruction and Development (IBRD) and she is Chairman of the Nigerian Chapter.
She bagged a Bachelor of Science Degree from the University of London, 1963. She also had her Accountancy Professional Articles in the U.K with Pannel Kerr and Foster (PKF0, London and passed the Chartered Institute of Company Secretaries (ACIS) exams, 1964, and that of the Institute of Chattered Accountants of England and Wales, 1967. She is currently a fellow of both institutes. She is also a Fellow of the Institute of Directors and the Nigerian Institute of Management.

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