Meet The Billionaire Brothers Running First Bank: Tunde & Oye Hassan Odukale.

 

Prior to some weeks back not many knew Tunde Hassan Odukale, until his Affirmation as Largest Stakeholder with First Bank.

Mr Femi Otedola had made Moves to take Over First Bank with his Share Mop up, but Mr Tunde had the Majority.

Tunde is Chaiman of First Bank Nigeria, He Holds Largest Stakes with the Bank. His Brother Oye Hassan Odukale is Chairman of First Bank United Kingdom.

Mr Tunde is Currently the GMD/CEO of Leadway Group Nigeria,

Leadway was Founded in 1970 as an Insurance Service Company, Over the Years they’ve Built a Reputation of Prompt Claims Settlements, Integrity & Innovative Services, Making them a Leading Composite Insurance Underwriter In Nigeria.

Leadway Assurance Company Limited was Founded by Late Sir Hassan Olusola Odukale, An Illishan Remo, Ogun State Born Billionaire Businessman,

He set up Leadway to Boost Local Content in the Insurance Business which was Dominated by Foreigners at the Time. Late Sir Hassan Olusola Odukale ran the Company from Inception till 1999 when he Passed on, After his Demise his Son Oye Hassan Odukale took over Management of the Comapny till 2019. During Oye’s Reign at the Helms of the Company’s Affairs,

He Diversified Investments in Different Sectors of the Economy that led to the Birth of Leadway Group.

Leadway Group Consists of 

Leadway Assurance,

Leadway Pensure,

Leadway Assets Management,

Leadway Capital & Trusts,

Leadway Healthcare,

Leadway Properties & Investments,

Leadway Hotels,

Thomas Wyatt Plc. 

As at 2019 Leadway Assurance had a Net Income of N90B & Total Assets Valued at N394B. Leadway Group Expanded its Spread to Cote D’Ivoire, Equitorial Guinea, Zimbabwe, Ethiopia & Tanzania with Investments worth $4B, The Entire Group is  Worth $10B.

Mr Tunde Hassan Odukale, 

Chairman of First Bank has a First  Degree in Pure Mathematics from University of London & a Masters Degree in Actuarial Science from City University London. He sits on the Board of Stanbic IBTC, Union Assurance & FBN Holdings. His Shareholding with First Bank is Valued at Over a $100m.

His Brother Oye Graduated from University of Houston where he Bagged Bachelors & Masters Degrees in Business Administration. He has been a Member of the Boards of  First Bank, Union Bank, Julius Berger, Unilever, May & Baker, Nestle & Cadbury.

They’re Both Silent Billionaire Businessmen, They’re Scheduled to be Featured by Forbes. They’re Both Car Race Enthusiasts with Luxury Super Cars. Both of them are Annual Participants at the Monaco Grand Prix.

They also Own Super Yachts & are Members of the “Yacht Club de Monaco”.  Joining the Club Costs $1.2m asides Owning your Yacht, And an Annual Fee of $200k.