So, I have to start looking for somebody who will play either the role Fola was playing or the role I was playing before. And he would laugh, and reply, wait until I get it.. Mr Tayo Aderinokun died at 56 years old following a long battle with Cancer but his legacy as a man . In the last two decades, the FATE foundation has served over 30,000 Nigerian youths with over 65% fully engaged in profitable enterprises to date. In the particulars of the affidavit of facts On August 2, 1990, Adeola and Aderinokun received a banking license No. cannot be placed within the realm of any law. Since Yul Edochie and his second wife drama is trending,I believe this is a good opportunity to tell this story. companies, namely: Kanali Investment Limited, Day Waterman Company Limited and Guaranty Trust Bank (GTB) Plc is facing what appears to be a modern-day David and Goliath battle with an 8-year-old daughter of its co-founder, the late Tayo Aderinokun. She built her first website at the age of 13 as a fansite for Neopets where she had learned her first basic HTML codes. She started the blog in 2015. She was born into the family of Tayo and Mrs. Olunfunlola Aderinokun. The deponent averred further that the incomes from He was also the Chairman of the Lagos State Disaster Relief Committee, a team formed as a result of the January 27, 2002, Lagos bomb blast, and he is also a member of the Solid Minerals Committee and the Chairman of the Ogun State Development Trust Fund Committee. To complete the process, please follow the instructions in the email we just sent you. It has been a long journey of over 38 years together with Tayo and I can hardly believe that it is time to say good-bye here on earth. I Stand Behind Buhari In Confidence Tinubu. shareholders and board of directors of the above mentioned companies Tayo Aderinokuns income source is mostly from being a successful Banker. Aderinokun, in a suit marked FHC/L/CS/1723/2015, is urging the court to declare We have estimated Tayo Aderinokun's net worth , money, salary, income, and assets. Babatunwa stated that the plaintiffs mother, Salamotu, who instituted the suit on her behalf, was never married to the late Aderinokun, whose only legal wife is one Mrs. Olufunlola Kafayat Aderinokun, and the marriage was contracted on January 7, 1983, in New York, United States of America. Adeola was made the MD/CEO and he maintained the same position till 2002 before handing over to his friend and deputy MD Tayo. On Wednesday, 31 July, 2002, the former Managing Director (MD), Tajudeen Fola Adeola, formally retired and handed over to Tayo, his Deputy of 12 years then. in the name of the three companies, which by his Will, indicated that his Graeys, averred that upon the death of her father, he gave legacies and Tayo Aderinokun is Deceased at Guaranty Trust Bank PLC. Tayo, who passed away on 14 June 2011, in a London hospital, had been the banks chief executive officer until his time of death. Limited, Day Waterman Company Limited and Cariboo Investment Limited (the Since then, his second wife and widow, Salamatu has had to endure the passing currents of time, knowing that . Many years later, Fola Adeola would say, My joy is that in my lifetime, an organization that I birthed can stand alone without any input from me or my partner. He acquired his assets and GTBanks shares That was how I started and I found out that I liked it. GTBanks shares have been the subject of various discussions between the And when they finally raised the required capital in 1988, they applied for a banking license which they got (licence 58) on the 2nd of August, 1990. [12] Ire also runs a blog called bitsofcode, where she breaks down coding tips to other developers. The deponent averred further that the incomes from the assets of the companies were enjoyed by late Aderinokun mixed with his personal incomes, as he used his personal incomes to purchase assets in the various companies, as his assets are intertwined with the corporate assets of the companies during his lifetime. (GTB). He later became the Managing Director of the bank following the resignation of Co-founder, Fola Adeola and maintained the position until his death in June 2011. Though, he may have breathed his last June 26, 2011, his spirit and essence have continued to permeate banking profession and national life on account of his sterling contribution. Tayo Ricci's biography. He spent his childhood in Melbourne, and after completing his high school education, he moved and settled in the US.He is an Australian-American national of mixed ethnicity and currently resides in Los Angeles . He has also served in the capacity as a member of the National Honors Committee, a member of the Solid Mineral Committee (both federally constituted), a board member of the Nigerian Institute of Chartered Accountants and a member of the World Economic Forums Global Advisory Committee on Philanthropy. He had his basic education at Baptist Day School, Kano, from 1961 to 1966, before the Civil War forced his family to relocate to Lagos. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. Limited), and Mr. Babatunwa Aderinokun as joint Executors and Trustees, both On that day, the strength of his life was revealed in the swarms and flood of tributes to his name and garlands on his tombstone. At the resumed hearing of the suit Tuesday, the He acquired his assets and GTBanks shares in the name of the three companies, which by his Will, indicated that his GTBanks shares held in the names of three companies be distributed equally by his children. his lifetime but only him ran the affairs of the companies. While Tayo Aderinokun turns in his grave, the family and company he left behind fight against each other. Paga acquires Ethiopian-based startup, Apposit, ZENITH BANK, OLUSOLA ADEJUGBE IN DIRTY LITIGATION DRAMA, Embattled First Bank Holdings MD, Nnamdi Okonkwo Goes Under Operates on Very Low-Key Lifestyle, Jim Ovia Stages Jaw-Dropping Wedding for DaughterSpends Billions on Destination Wedding. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. The plaintiff stated further that other shareholders/directors of the proxy companies were her late fathers appointees for the purpose of compliance with the legal entities of Corporate personality principles, adding that not only were the shareholders/directors of the Proxy companies so aware, but the defendants were also aware and had accepted to treat the proxy companies as being merely corporate vehicles for the acquisition of her late fathers assets. We are proud to welcome you ALL to the Inaugural GTBank Webcast with Tayo Aderinokun, MD GTBank. He is not the flash friend, the one everyone wants to copy and follow around. hey b-bestie.. sorry pero mag break up tayo ang sakit sakit ng foot pain na binigay mo sa akin . They paid better, the suits were sharper. and her late father. immediately after that, I went abroad to get an MBA. There was no such thing as probate issued in respect of the deceased assets held in the proxy companies. Haha Baka may alam kayo san pwede makabili nitong ointment na ito. personal incomes, as he used his personal incomes to purchase assets in the With their financial & accounting background, Fola Adeola and Tayo Aderinokun were qualified to run a bank individually because then the requirements to open and run one was extremely easy for anyone to do, but to go on the journey together meant they stood a greater chance of success. President Muhammadu Buhari Opts Out Medical Trip A Zenith Banks BBall League Kicks Of April 10 As D Former President Obasanjos Wife, Taiwo Files Cour Guinness Nigeria Problems Mounts As Internal Crisi How Transcorp Power Is Positively Impacting On Hos President Muhammadu Buhari Prepares To Visis Sambi Share Manipulation Case Brought Against GTbank By Dream Come True: Tony Elumelu Foundation Announces Shareholders Hail Zenith Banks N507.9 Billion Ear Ex NNPC M.D, Andrew Yakubu Gets N300m Bail. that the recognition of three limited liability companies Kanali Investments his own name, and that payments that were made for asset acquisition, or funds GTBank in the name of his corporate vehicles used as the proxies. Notify me of follow-up comments by email. Fola Adeola and Tayo Aderinokun: How unfettered friendship gave birth to one of Africa's biggest banks by Taofik Bankole December 30, 2021 A Yoruba adage, 'ogn omod l ser fn ogn odn', popularly, and quite factually, posits that 20 children can't be friends for 20 years. founder and former Managing Director of Guaranty Trust Bank Plc (GTB), Olutayo Investments Limited, Day Waterman Company Limited and Cariboo Investment This story was first published on May 29, 2020 and has been updated with recent information about GTBank. Aderinokun, born in 1955, had been convinced by an ambitious Adeola to start a commercial bank that would serve millions of people in Nigeria. late fathers shares. He further stated that the Will of the deceased never directed the Executors and Trustees of his Estates to take over or manage any company as erroneously claimed by the applicant. Miss Oluwatise Aderinokun, the eight-year-old and last child of the late whom were granted Probate on February 16, 2012. When Aderinokun took over the reign as MD after his friend stepped down from the position, his experience and dedication to excellence were immediately in full glare. The entertainer was born to a Greek father and an Italian mother in Melbourne, Victoria, Australia. Femi Fani-Kayode expends fortune on mother-in-laws cancer treatment, BREAKING: INEC Declares Tinubu Winner Of Presidential Election, Presidential Election Results: God Has Come To Wipe Away The Tears of Nigeria Bishop Oyedepo, And the Matharoos meet their waterloo! Vanguard News, Sports and Business from vanguard Newspapers proxies as being the beneficial owners of the rights accruing to the shares He went on to work for Chase Merchant Bank Nigeria Limited (later Continental Merchant Bank) between 1981 and 1988. 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