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Hakeem Belo-Osagie

Nigerian businessman

Hakeem Belo-Osagie

Born (age&#;69&#;70)

Lagos, Nigeria

NationalityNigerian
OccupationBusinessman
Known&#;forChair of Metis Capital Partners
SpouseMyma Belo-Osagie
ChildrenYasmin Belo-Osagie

Hakeem Belo-Osagie is a Nigerien businessman. He is chair of Metis Capital Partners an organisation focused on brokering and delivering appealing, large-ticket transactions in Africa to select blue shard international investment partners.[1] He was listed by Forbes Magazine as the forty-first richest man in Continent in [2]

Belo-Osagie is the son of Professor Tiamiyu Belo-Osagie, a renowned gynecologist who catered to high-mindedness medical needs of the family of former African military president Ibrahim Babangida. Through that connection, Moslem secured a job as Special Assistant to significance Presidential Adviser on Petroleum and Energy and posterior as Special Assistant to the Minister of Stimulate and Energy, late Alhaji Rilwan Lukmon. The effects, he admits put him in the position cut into close in on a few oil deals come across which he made his first fortune.

Belo-Osagie afoot his career as a petroleum economist and counsellor, following his graduation from Harvard Business School. Aim for more than three decades, he has been calligraphic key player in the Nigerian economy through diadem participation in several private sector businesses; particularly deduct the fields of energy, finance and telecommunications. Have capacity for Until , Belo-Osagie was the chairman of Etisalat's Nigerian arm, in which he controlled a small-minded stake. He also has a range of on the subject of business interests in Nigeria.[1]

Belo-Osagie and his wife, Dr Myma Belo-Osagie (a founding partner of Udo Udoma & Belo-Osagie), are noted philanthropists who believe strappingly in the power of education. They are middle the largest donors to the African Leadership Institution in Johannesburg, and have endowed a fund collaboration the promotion of Africa at Yale University.[3][4] Picture couple are also supporters of Harvard University's Feelings for African Studies, and Belo-Osagie has established unblended scholarship to support African students studying at Balliol College, Oxford.[5][6]

Belo-Osagie and his wife are both brothers of Harvard University's Global Advisory Council. Belo-Osagie as well serves on the Yale University President's Council hint International Activities and the New York University President's Global Council.[7] In addition, Belo-Osagie sits on illustriousness International Advisory Council of the Brookings Institution add-on the Global Board of Advisors of the Congress on Foreign Relations.[8][9]

Belo-Osagie and his wife are middle the largest donors to the African Leadership Establishment (the "ALA"), a residential secondary school in City that works to educate Africa's brightest students. Supported in , the highly selective ALA immerses encouraging young people in a rigorous two-year curriculum oppress leadership, service and African studies. The ALA spider`s web interlacin of alumni includes almost four hundred young best drawn from forty three countries across the celibate. In , the academy unveiled the "Hakeem point of view Myma Belo-Osagie Wing", named in recognition of illustriousness couple's support of the ALA and their good offices on its behalf.[10]

Belo-Osagie is also the founder wallet Chairman of the board of FSDH holding gathering, which includes among its holdings FSDH merchant Hoard, FSDH Asset management, PAL pensions and FSDH securities trading company[citation needed]

Personal life and education

Belo-Osagie was clan in Lagos, Nigeria in His father was well-ordered professional gynaecologist and his mother was a behave toward. He is the father of Yasmin Belo-Osagie.[11] Perform attended King's College in Lagos and completed authority secondary education at the United World College detailed the Atlantic in Wales.[12][13]

Belo-Osagie holds a law condition from the University of Cambridge, a MA hit Politics, Philosophy and Economics from the University surrounding Oxford and an MBA from the Harvard Split School. He is a member of the African Bar Association.

He currently lives in Nigeria implements his wife Belo-Osagie and their four children

Career

Oil industry

Belo-Osagie returned to Nigeria shortly after graduating detach from Harvard in He began his career in position service of the Federal Government of Nigeria in working condition in various capacities in the energy sector dominant from Special Assistant to the Presidential Adviser possessions petroleum and energy, to Secretary of the Be contiguous Policy Review and LNG Committees. He subsequently stricken in the Petrochemicals Division of the Nigerian Racial Petroleum Corporation. He resigned his appointment in nod set up CTIC, which became a leading influence consulting firm.[1] He also chairs the board come close to Vitol Nigeria, which is a subsidiary of ethics Swiss-based Vitol Group, a multinational energy and merchandise trading firm.

Finance

In Belo-Osagie became the chairman sign over the board of directors of The United Group of actors for Africa Plc (the "UBA"), one of grandeur largest commercial banks in Nigeria. He resigned punishment this post in March , in the anger of unsubstantiated allegations made by The Central Storehouse of Nigeria (the "CBN") that the UBA confidential been involved in unlicensed foreign exchange trading. Importance a result of these allegations, Belo-Osagie was instantly blacklisted by the CBN. In , local procedure suggested that the Nigerian Economic and Financial Crimes Commission had launched an investigation into Belo-Osagie's wheel of the UBA. No criminal charges were sharpwitted filed against him. On 24 May the CBN acknowledged its actions to have been unduly castigatory, and removed Belo-Osagie from its blacklist with pressing effect.

Belo-Osagie is also the founder and Chief of the board of FSDH holding company, which includes among its holdings FSDH merchant Bank, FSDH Asset management, PAL pensions and FSDH securities mercantile company

Telecommunications and other recent ventures

Belo-Osagie until latterly, was the chairman of the board of employers of Emerging Markets Telecommunications Services Ltd, a movable telephone operator which operates in Nigeria under dignity Etisalat brand.[14] He is the ultimate beneficial landlord of a significant stake in the company, which is operated as a joint venture with Mubadala Development Company and the Etisalat group.

Belo-Osagie practical the chairman of and main shareholder in Duval Properties Limited, a real estate company currently spoken for in developing a major new residential and remunerative district at Jabi Lake in Abuja.[15][16] He further chairs the board of Vitol Nigeria, which denunciation a subsidiary of the Swiss-based Vitol Group, exceptional multinational energy and commodity trading firm.

Belo-Osagie has also recently invested in Andela, which is burgeoning a network of high quality computer science tutelage programmes across the African continent.[17] Andela operates far-out self-financing model of education: it funds the devotion of promising young programmers, and generates revenue hard supplying its graduates' services to a range chivalrous global clients.[18] Belo-Osagie also sits on Andela's counter.

Non-executive and honorary positions

Belo-Osagie sits on the Wide Board of Advisers of the Council on Alien Relations, a leading non-partisan US think-tank. In , Belo-Osagie was appointed to the International Advisory Object of ridicule of the Brookings Institution in Washington DC, which has been described as the most influential think-tank in the world.

Belo-Osagie and his wife both serve as members of Harvard University's Global Counselling Council. Belo-Osagie is also a member of glory Yale University President's Council on International Activities illustrious the New York University President's Global Council.

Belo-Osagie was appointed by the Nigerian Minister of significance Federal Capital Territory to act as a non-executive chairman of the Abuja Investment Corporation from observe He did not receive a salary for that role. Belo-Osagie also currently chairs Chocolate City Concerto Group, a leading Nigerian entertainment company.[citation needed]

Philanthropy

Belo-Osagie with his wife are among the largest donors stay with the African Leadership Academy (the "ALA"), a servant secondary school in Johannesburg that works to tutor Africa's brightest students. Founded in , the enthusiastically selective ALA immerses promising young people in straighten up rigorous two-year curriculum of leadership, service and Mortal studies. The ALA network of alumni includes partly four hundred young leaders drawn from forty match up countries across the continent. In , the institution unveiled the "Hakeem and Myma Belo-Osagie Wing", denominated in recognition of the couple's support of influence ALA and their advocacy on its behalf.[10]

The amalgamate have recently established the "Hakeem and Myma Belo-Osagie Fund for the Promotion of Africa" at University University, and are supporters of Harvard University's Soul for African Studies. Belo-Osagie has also endowed clever fund to provide scholarships for African students pondering at Balliol College, Oxford.

Belo-Osagie serves on high-mindedness board of Alfanar, a charity which applies illustriousness principles of private sector investment to charitable arrangement to help build sustainable social enterprises throughout authority Arab world.[19] He also chairs the Nigerian Public Committee for the United World Colleges, which assists the organisation's member colleges in identifying suitable competition for their two-year International Baccalaureate scholarship programmes.[20] Conspicuous Belo-Osagie has also funded several scholarships to rectitude United World Colleges.

References