Segun Adaju | |
---|---|
Nationality | Nigerian |
Education | B.Sc, Economics , University of Lagos MBA, University of Lagos Harvard Business School Lagos Business School Renewables Academy Berlin. |
Occupation | Entrepreneur, Renewable energy consultant |
Years active | 2012–present |
Known for | President, Renewable Energy Association Nigeria(REAN), |
Segun Adaju (born 1969) is a Nigerian entrepreneur, CEO Consistent Energy Limited and President, Renewable Energy Association Nigeria (REAN). [1] [2] [3] He was Deputy manager [4] of Integrated Micro-finance Bank limited which was the pioneer Micro-finance bank in Nigeria [5] and Founder and was Managing Director of GS Micro-finance Bank Limited.
Adaju earned a degree in Economics and MBA from the University of Lagos. [6] He furthered his education by obtaining executive programmes in Harvard Business School, MIT/Sloan School of Management, Frankfurt School of Management, Renewable Academy Berlin and Lagos Business School. [7]
Before Consistent Energy, Adaju had worked with leading commercial banks in Nigeria like Equity Bank of Nigeria Limited, First Atlantic Bank Plc and First City Monument Bank Plc before quitting in 2006 to co-found Integrated Micro-finance Bank which is the pioneer micro-finance bank in Nigeria [5] and later set out to establish his own Micro-finance Bank, GS Micro-finance Bank Ltd in 2007. In January 2015, he founded Consistent Energy Limited and presently served as the chief Energizing Officer. [8] [9]
He is a Mentor under the Tony Elumelu Entrepreneurship Programme (TEEP) and Coach under West African Forum for Clean Energy Financing (WAFCEF). [10]
For other banks with a similar name, see First Bank.
Micro financing in Tanzania started in 1995 with SACCOS and NGOs. It has since then contributed to the increasing success of international micro financing. Microfinance stills remains a relatively new in Tanzania since it has not penetrated yet. Since 1995, microfinance has been linked to poverty alleviation programs and women. The government made efforts to ensure commercial banks have continued to provide financial support to the small entrepreneurial business. However a microfinance National Policy was implemented in 2002 to encourage and support microfinances in the country. Since the implementation, micro financing was officially launched and recognized as a poverty alleviation tool. Due to its increase exposure and use in the nation, commercial banks have developed interests in to offer microfinance. There are various microfinance banks that functions as supporting institutions in the country that usually provide microfinance services. These may include the CRDB, National Microfinance Bank, and AKIBA. However there are also other few banks that are concerned with micro financing in Tanzania such as the PRIDE and SEDA, Tanzania Postal Bank and FINCA. Community and small banks have also expressed interest in the same including the NGOs and other non-profit organizations.
First Bank of Nigeria Limited (FirstBank), is a Nigerian multinational bank and financial services company headquartered in Lagos Nigeria. It is the premier bank in West Africa with its impact woven into the fabric of society. First Bank of Nigeria Limited operates as a parent company in Nigeria, with the subsidiaries FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal; FBN Bank UK Limited in the United Kingdom with a branch in Paris; FirstBank Representative Office in Beijing to capture trade-related business between geographies. FirstBank also operates First Pension Custodian Nigeria Limited, Nigeria’s foremost pensions custodian. The teeming customers of the FirstBank Group are serviced from a network of over 700 business locations across Africa. To promote financial inclusion and reach the unbanked and underbanked, FirstBank has an extensive Agent Banking network, with over 53,000 agent locations across Nigeria. The Bank specialises in retail banking and has the largest client base in West Africa, with over 18 million customers. For eight consecutive years FirstBank received the Best Retail Bank in Nigeria award by The Asian Banker.
First City Monument Bank (FCMB) Ltd is a banking group, headquartered in Lagos. As of December 2019, the bank's total assets were valued at US$4.4 billion.
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The Chartered Institute of Bankers of Nigeria (CIBN) is the umbrella professional body for bankers in Nigeria. The CIBN was incorporated in 1976 as the Nigerian Institute of Bankers. It was chartered in 1990, and is now covered by the CIBN Act 5 of 2007. The Institute is authorized to control entry into the banking profession, to set standards for bankers and to maintain professional ethics through sanctions of erring members. Corporate members include the Central Bank of Nigeria, the Nigeria Deposit Insurance Corporation and all Deposit Money Banks, Development Banks, Mortgage Banks, Micro Finance Banks and Discount Houses in Nigeria.
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