Adesola Kazeem Adeduntan, commonly known as Adesola Adeduntan, is a renowned Nigerian banking executive. He has achieved great success in the finance industry and has made a significant impact on the Nigerian banking sector. With his impressive career and achievements, Adesola Adeduntan has accumulated a substantial net worth.
In this article, we will delve into Adesola Kazeem Adeduntan net worth, career, and personal life.
Quick Facts
| Biography | Information |
| Popular Name | Adesola Kazeem Adeduntan |
| Gender | Male |
| Birth Date | May 7, 1969 (zodiac sign: Taurus) |
| Age | 54 |
| Birth Place | Ibadan, Nigeria |
| Nationality | Nigerian |
| Net Worth | $5 million |
| Source of Wealth | Banking industry |
What is Adesola Kazeem Adeduntan Net Worth and Salary in 2023?
As of 2023, Adesola Kazeem Adeduntan has an estimated net worth of $5 million. This impressive fortune is a testament to his successful career in the banking sector. While his exact salary is not disclosed publicly, it is undoubtedly substantial given his high-ranking position as the Managing Director/Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries.
Why is Adesola Kazeem Adeduntan Famous?
Adesola Kazeem Adeduntan is famous for his exceptional career in the banking sector. He has played a crucial role in the growth and development of Access Bank, one of Nigeria’s largest banks. Under his leadership as the CEO, the bank has expanded its operations, acquired other financial institutions, and increased its global presence.
Adesola Adeduntan’s expertise and strategic vision have earned him recognition and respect within the industry, making him a well-known figure in Nigerian banking.
Adesola Kazeem Adeduntan Overview
Early Life
Adesola Kazeem Adeduntan was born on May 7, 1969, in Ibadan, Nigeria. He attended Ibadan Municipal Government Primary School for his primary education and later enrolled at Urban Day Grammar School, where he excelled academically and served as the Deputy Senior Prefect in his final year.
Career and Awards
Adesola Kazeem Adeduntan has had a distinguished career in the banking industry. He began his professional journey in 1994 when he joined Afribank Nigeria Plc as a graduate trainee.
During his 18-month tenure at the Ibadan Main Branch of the bank, he gained experience in various areas of banking operations, including cash management, clearing, credit risk management, and foreign operations.
In September 1995, Adeduntan moved to Arthur Andersen Nigeria, where he worked until May 2002. During this period, he rose through the ranks to become a manager in the firm’s financial services industry business. His responsibilities included leading and managing the statutory audit of several prominent Nigerian banks.
In August 2000, he served as an instructor at the Andersen World-Wide Induction training for new hires in Eindhoven, the Netherlands. He also led the Local Office Basic Accounting Training and Induction course in 1999.
While at Arthur Andersen, Adeduntan qualified as a chartered accountant in 2000. He then joined KPMG in June 2002 as a senior manager in the financial services industry, where he co-pioneered the firm’s financial risk management advisory services. He was also a KPMG-accredited Trainer and facilitated several internal training programs.
In 2004, Adeduntan left KPMG to pursue a Master’s degree in Business Administration at the Cranfield School of Management, where he was a British Chevening Scholar.
After graduating in September 2005, he joined Citibank Nigeria Limited as a Senior Vice-President (General Manager) and Chief Financial Officer. He played a crucial role in the bank’s recapitalization during the banking consolidation era.
In November 2007, Adeduntan joined the Africa Finance Corporation as the pioneer Chief Financial Officer and Business Manager.
In March 2014, he led the team that secured an A3/P2 investment grade international credit rating from Moody’s Investors Service, making the Africa Finance Corporation the second highest-rated lending financial institution in Africa.
Adeduntan’s career took another significant turn in July 2014 when he was appointed as an Executive Director. He was responsible for the bank’s financial control, internal control and enhancement, business performance management, treasury, and procurement functions.
Today, he serves as the Managing Director/Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries, a position he was appointed to from his former role as Group Chief Financial Officer and an Executive Director with the bank.
Personal Life
Adesola Kazeem Adeduntan is a private individual who keeps his personal life away from the public eye. There is limited information available about his family, relationships, and other personal details.
Social Media Accounts
FAQs about Adesola Kazeem Adeduntan
What is Adesola Adeduntan’s current position?
Adesola Adeduntan is the CEO of Access Bank, one of Nigeria’s leading banks.
How did Adesola Adeduntan contribute to Access Bank’s growth?
Adesola Adeduntan played a vital role in expanding Access Bank’s operations, overseeing strategic acquisitions, and increasing the bank’s global presence.
Has Adesola Adeduntan received any awards for his contributions in banking?
Yes, Adesola Adeduntan was awarded the Bank CEO of the Year at the 2019 Business Day Banking Awards.
What is Adesola Kazeem Adeduntan’s role at First Bank of Nigeria?
Adesola Kazeem Adeduntan serves as the Managing Director/CEO of First Bank of Nigeria Limited and Subsidiaries.
When did Adesola Kazeem Adeduntan join FirstBank?
Adesola Kazeem Adeduntan joined FirstBank in July 2014 as the Group Chief Financial Officer and an Executive Director before being appointed as the Managing Director/CEO in January 2016.
Conclusion
Adesola Kazeem Adeduntan’s remarkable career in the banking industry has earned him a prominent position as the CEO of First Bank of Nigeria Limited and Subsidiaries. With an estimated net worth of $5 million, he has achieved financial success while making significant contributions to the growth and development of the bank.
Adesola Kazeem Adeduntan’s dedication to customer satisfaction and excellence in financial solutions has solidified First Bank’s reputation as a trusted partner for individuals and businesses across sub-Saharan Africa. Thank you for reading.
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