Under 40 children of billionaires sitting on the boards of mega quoted companies (2)

Halima Dangote

Last week Nairametrics profiled a crop of young Nigerians, who due to the great works of their parents, currently have seats on the boards of some of the largest companies on the Exchange.

For them, having these seats provides them with the unique experience that can be used to perhaps one day take over the empires of their parents or guardians.

Bua group

This week, we bring to you the concluding list of children of billionaires seated on the boards of some of the largest companies on the Nigerian Stock Exchange (NSE). They oversee shareholdings that are worth billions of naira in value, on behalf of their parents.

*Our cut-off date is June 29, 2018

Olabode  Makanjuola

Mr. Olabode Makanjuola holds a Bachelor’s degree in Mechanical Engineering from the University of Leicester and a Master’s Degree in Trade, Shipping and Finance from City University Business School.

He is the Executive Vice-Chairman and Chief Executive Officer of Caverton Offshore Support Group.

His educational qualifications and exposure have enabled him to broker several commercial trading contracts with the Nigerian LNG LPG off-takers.

He has also contracted several Ship Management and Agency contracts with both indigenous and foreign companies.

Coronation Research

As of 31 December 2017, he had 50,005,000 units of shares at Caverton Offshore Support Group.  This gives him a networth of N112.5 million, as at our cut-off date of 29 th June 2018

His father, Aderemi Makanjuola, is the Chairman of Caverton Offshore Support Group.

Rotimi Makanjuola

Mr. Rotimi Makanjuola obtained a BSc in Economics from University of Bradford, UK and an MSc, Auditing, and Management from City Business School, London, UK.

He is the Chief Operating Officer of Caverton Offshore Support Group.

He is also another son of Aderemi Makanjuola.

Halima Dangote

Halima, the second daughter of Aliko Dangote, holds a bachelor’s degree in Marketing from the American Intercontinental University London, United Kingdom and an MBA from Webster Business School, London, UK.

She started her career as a business analyst with KPMG Professional Services in Lagos, Nigeria, before she joined Dangote Industries Limited in 2010. She has held a number of key roles at Dangote Industries, including Special Assistant to the President/Chief Executive.

She is currently the Executive Director in charge of commercial activities at Dangote Flour Mills. She resigned as Executive Director at NASCON in February 2016 but remains on the Board as a Director.

Fatima Aliko Dangote

Fatima holds a bachelor’s degree in Law from the University of Surrey in the UK. She has been called to the Nigerian Bar and previously worked as an Associate at Banwo and Ighodalo Legal Chambers, in areas related to capital markets, intellectual property, and energy.

Fatima joined the Dangote Group in 2014 as the Special Assistant to the Managing Director-Cement and later worked as a Group Corporate Strategy Specialist. In the latter role, she provided planning and analytical support across all the business units of the Dangote Group.

She has been a Director at Nascon Allied Industries Plc since March 11, 2016.

She is the daughter of Aliko Dangote, Nigeria, and Africa’s richest man.

Ufuoma Ibru

Ufuoma holds a Bachelor of Laws LLB from St. Catherine’s College, Oxford University.

He is currently a Director at Ikeja Hotels Plc whose shares recently resumed trading after an 18-month suspension placed by the Nigerian Stock Exchange (NSE) on November 10, 2016.

Ufuoma is the son of Goodie Ibru, former Chairman of Ikeja Hotels Plc.

Toke Alex-Ibru

Toke is a History Graduate from Exeter University, UK. He is the eldest son of the deceased Chairman and Publisher of The Guardian Newspapers, Late Alexander Uruemu Ibru.

Toke sits on the boards Ikeja Hotels and Nigerian-Belgian Chamber of Commerce.

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