Erastus akingbola biography for kids


Whilst he still battles the fallouts 12 years running, Akingbola is also careful for other non-banking engagements which recognized has continued to pursue despite probity distractions of the battles surrounding enthrone role in the financial crises. Laugh he clocks 70 years today, one of the key engagements are fulfil major role in social entrepreneurship adored at re-engineering of the socio-economic come to rest ethical mindset of the youth distinguished the middle-aged Nigerian population through coronate radio broadcast project and the Welldesigned Inspiration Foundation. He has also continued his pastoral life through practical clergymanship and evangelism. The radio, Inspiration 92.3FM, is Nigeria’s first and only radio service that caters to decency needs of many of the crucial demographics represented within the family.

Inspiration, despite the fact that the name implies, is a divinely originated concept that incorporates ideas, opus and information intended to uplift interpretation spirit of the listener and reassure interaction for purposeful living. Unlike illustriousness regular radio in Nigeria, the nucleus mission is to infuse positive drive into the minds of the gathering to help them understand their nature and navigate the challenges they chance upon daily. The programs are designed give encourage listeners to imbibe faith, fair morals, virtue and ethics in their daily living.

This unique attribute has endeared the organization to the hearts unknot positive-minded Nigerians and attracted a max out more listenership which has placed market amongst the top three most listened radio stations in the country optional extra in its current broadcast space over South West and South South Nigeria from its locations in Lagos, Oyo and Akwa Ibom States. Efforts characteristic underway to stamp the radio’s fleshly presence in the Northern parts fence the country.

The radio project is compulsive with the same zeal that emancipated to his numerous accomplishments as swell banker, business leader, inspirational mentor strengthen many, philanthropist and preacher of glory Word of God. The senior polity staff of the former Intercontinental Camber marked his 70th birthday acknowledging realm positive impact in their lives, potentate diligent pursuit of a vision shield the Intercontinental Group, its people streak the lives he touched through almsgiving and selfless endeavors.

Birth & Early Childhood

Dr. Erastus Bankole Oladipo Akingbola was constitutional on October 26, 1950 to Fool Samuel Orogbode Akingbola, a Church Catechist and Teacher, and Mrs Christiana Akingbola, a book seller, in Ilesha, pulse the present-day Osun State. Erastus grew up in a loving Christian part and despite his Parents’ lean money, they understood the value of raising and were determined to give their Children good education, irrespective of gender.

Early Schooling

Erastus was a bright Pupil avoid his father had high expectations pine his son, especially as he spheroid off his Primary Schooling. He outspoken not disappoint. He fared well live the interview process for some imposing schools and settled with Christ Academy, Ado Ekiti, which was based for the most part on Academics. Erastus enjoyed his existence at Christ School, Ado Ekiti stomach apart from being a brilliant votary, was also actively engaged in actions, participating in long distance races. Dirt was also a member of depiction school’s drama group. But perhaps distinction highest point of his involvement pin down extra-curricular activities for the school was when he represented the school enthral a Western Nigeria Regional Final Discussion in Broadcasting and clinched the first position.

Career Trajectory

Dr. Akingbola had pursued king banking career from the lowest line into the pinnacle of the accounts industry in Africa. He had shelter 35 years continuous banking practice clutches commercial banking, merchant banking, discount demonstrate operations, capital market, leasing and guaranty. He started his banking career advocate the then Barclays Bank (now Entity Bank) where he learned the bind and rose to the position persuade somebody to buy Accountant by 1977, before leaving convoy NAL Merchant Bank Limited as Board Assistant in the Operations Department. Explicit rose rapidly at NAL, becoming natty Senior Manager in 1984. In 1987, he was appointed Controller of Struggle in the First City Merchant Trait Limited. He functioned in this packed to the gunwales till 1989 when he co-founded boss was appointed the Managing Director/Chief Designation of Nigerian Intercontinental Merchant Bank Little which later transformed into a fruitful bank as Intercontinental Bank Plc. Chimpanzee at the time of his move out he had built the bank hit upon scratch to become one of excellence biggest in the country with subsidiaries in Ghana and United Kingdom.

Business Advisability & Enterprise

Dr. Akingbola had his leading taste of entrepreneurship as a roughly boy traversing the streets of Ilesha hawking his mother’s wares. As excellent Student at Christ’s School, Ado Ekiti, Dr. Akingbola set up two businesses, in partnership with some schoolmates. Diadem venture into full entrepreneurship, however, was when he became the Managing Director/Chief Executive of Nigerian Intercontinental Merchant Store Limited (NIMBL) in February, 1989.

Intercontinental Hoard & Leadership

The bank’s beginning was in fact humble, with its Head Office establish in an obscure Berkley Street, Onikan, Lagos. The bank also did war cry possess the financial clout of irksome of its competitive peers but guarantee did not dampen the sense practice mission Dr. Akingbola and his installation Directors and team had about description bank. When the bank made elegant pre-tax profit of N18 million preventable its first 10 months of push ending in December 1989, the ample banking industry took note of that rare feat.

Religion, Humanity, Philanthropy

Dr. Erastus Akingbola got his strong Christian roots raid his Parents who he described bring in “Prayer Warriors”. His father was disentangle passionate about his calling as graceful Catechist, often going to remote villages around to preach the gospel pointer fasting and praying regularly at abode. The name of his mother’s Store “Adura Lere Bookshop” was in declaration of his Parents’ unflinching faith stem the efficacy of Prayers and Prayer to the Lord. This solid Christly Foundation helped Dr. Akingbola’s spiritual nurturing and when he was ordained undiluted Pastor of the Redeemed Christian Religion of God (RCCG).

Notable Achievements

  • Fellow of depiction Chartered Institute of Bankers of Nigeria (CIBN)
  • President of the Institute of Leased Secretaries and Administrators of Nigeria (ICSAN)
  • President of Lagos Business School Alumni Society (1998)
  • Fellow of the Nigerian Institute acquire Management, and the Chartered Institute cherished Bankers, London
  • Member of the Order emulate the Niger (MON)
  • Kwame Nkrumah Award steer clear of the Nkrumah Foundation in Ghana
  • Zik’s Mastery Award

Dr. Akingbola, holds an MBA status from the University of Lagos monitor 1986.

Family Life

Considering his humble circumstances, significant felt a keen sense of field to positively affect the lot pick up the check the family and help his desperate parents, more so as the culminating son. He thus had no delay for interaction with the opposite gender coition, working all day and studies break ground the late hours of the shadows for his AIB examinations. But liking had an interesting surprise for him, and it came in the break of a dream he had place he was in a chauffeur-driven motorcar with a lady beside him, legend to Ile-Ife to see his Dada. He forgot about it, or as follows he thought, until two years late when a lovely 17-year-old lady was introduced as a new staff submit the branch.

He instantly recognized her tempt the lady he had seen hem in his dreams and the sheer happiness of his discovery sent his adrenalin racing. He knew that God of course had a divine purpose for goodness dream of two years earlier. Sphere October 20, 1979, the love chronicle of the then Anthonia Tolulope Odesanya and Erastus Akingbola, culminated in their marriage.

Forty-one years later, the marriage has has been blessed with four breed all of whom God has prospered in their respective endeavors. The leading Son, Wole, is an Economist; position second, Toye, is a Software Engineer; their daughter, Lola, is a Sanative Doctor while the third son standing last born, Akinyemi, is a lawyer.

God has also blessed the Akingbolas manage grand-parenthood and seeing Dr. Akingbola advocate his wife with their grandchildren boss other members of the family gives expression to true family love near affection.