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Tunde Folawiyo

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Nigerian businessman (born 1960)
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Tunde Folawiyo
Born (1960-04-12)12 April 1960 (age 65)
EducationLondon School of Economics and Political Science, University College London
SpouseReni Folawiyo

Tijani Babatunde Folawiyo (born 12 April 1960) is a Nigerianbusinessman. He is the managing director of the Folawiyo Group,[1] and the chairman of Coronation Merchant Bank.[2][3] According toForbes, he once had an estimated net worth of $650 million.[4]

Career

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Tunde Folawiyo is Chairman of the Yinka Folawiyo Group, an organisation with interests in energy, agriculture, shipping, and real estate.[4] A conglomerate that was founded by his father,Wahab Folawiyo, Tunde took over the organisation in 2008 when his father passed. He also served as Director ofMTN Nigeria Ltd[1][5]

Tunde was previously a non-executive director ofAccess Bank plc (formerly Access Bank Nigeria) from 11 October 2005 to 29 January 2014. He was called to theBar of England and Wales in 1985, where he started his law practice in Nigeria with the firm Ogunsanya, but resigned from law in 1989.[6] Since 1996, Tunde has also served as the Vice President of Nigeria Association of Indigenous Petroleum Explorers & Productions (NAIPEC). He was the Chairman of Enyo Retail, a Nigerian downstream Oil and Gas Company[7]

Education

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Tunde Folawiyo was educated at theLondon School of Economics, where he obtained a B.Sc. degree in economics in 1980, and an LL.B in 1984. He obtained an LL.M degree from theUniversity College London in June 1985.[1]

Honours

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In 2010, Tunde was the recipient of the African Leadership Award. He was also awarded an honorary doctorate in business administration fromCrescent University inAbeokuta, Nigeria.[8] Tunde serves as a Goodwill Ambassador, Honorary Citizen of the city ofHouston and Honorary Consul ofBarbados.

Boards and committees

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Tunde is a member of the global advisory board of theAfrican Leadership Academy, a pan-African institute dedicated to developing and mentoring new generations of African leaders. Tunde is a fellow of the Duke of Edinburgh's World Fellowship. He is also a member of the Governing Council of theLagos State University and the Lagos State Government. He also sits on the Board of Trustees of Crescent University in Abeokuta.[9]

References

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  1. ^abc"Tijani Babatunde Folawiyo". Bloomberg.
  2. ^"We are led by exceptional professionals and visionaries".Coronation Merchant Bank. Retrieved30 March 2025.
  3. ^"Babatunde Folawiyo".Coronation Merchant Bank. 28 March 2019. Retrieved30 March 2025.
  4. ^ab"Tunde Folawiyo on Forbes Lists".Forbes. Retrieved12 May 2014.
  5. ^"Leadership".MTN Nigeria. Retrieved30 September 2025.
  6. ^"Tunde Folawiyo practicing law in Nigeria". AFK Insider.
  7. ^https://businessday.ng/companies/article/ardova-completes-100-acquisition-of-enyo/
  8. ^"Folawiyo honoured with the African Business Leadership Award". AFK Insider.
  9. ^"Tunde Folawiyo Boards and Committees". AFK Insider.
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