Segun Adaju

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Segun Adaju
NationalityNigerian
EducationB.Sc, Economics
, University of Lagos
MBA, University of Lagos
Harvard Business School
Lagos Business School
Renewables Academy Berlin.
OccupationEntrepreneur, Renewable energy consultant
Years active2012–present
Known forPresident, 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.

Contents

Education

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]

Career

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]

Related Research Articles

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

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

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.

Grameen family of organizations

The Grameen family of organizations has grown beyond Grameen Bank into a multi-faceted group of profitable and non-profit ventures, established by Muhammad Yunus, the Nobel Peace Prize winning founder of Grameen Bank. Most of these organizations have central offices at the Grameen Bank Complex in Mirpur, Dhaka, Bangladesh. The Grameen Bank started to diversify in the late 1980s when it started attending to unutilized or underutilized fishing ponds, as well as irrigation pumps like deep tubewells. In 1989, these diversified interests started growing into separate organizations, as the fisheries project became Grameen Fisheries Foundation and the irrigation project became Grameen Krishi Foundation.

Chartered Institute of Bankers of Nigeria

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.

Sterling Bank Plc, which is a full service national commercial bank is licensed by the Central Bank of Nigeria. Its shares trade under the Banking sector of the Nigerian Stock Exchange with the symbol STERLNBANK. On Reuters and Bloomberg terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively.

Access Microfinance Holding AG, often referred to as AccessHolding, is a commercial microfinance investment and holding company based in Germany. AccessHolding specializes in start-ups and early-stage microfinance institutions (MFIs). It will establish new MFIs together with other partners, and transform existing non-bank microlending institutions into full-service microfinance banks.

Godwin Emefiele is a Nigerian economist who has been serving as the Governor of the Central Bank of Nigeria since June 4, 2014. Born on August 1961 in Lagos State, Nigeria, Emefiele is originally from Ika South, Agbor region of Delta State.

Asue Ighodalo is a Nigerian lawyer. He is alongside Femi Olubanwo, a founding partner of the law firm of Banwo-and-Ighodalo a corporate and commercial law practice in Nigeria specializing in advising major corporations on Corporate Finance, Capital Markets, Energy & Natural Resources, Mergers & Acquisitions, Banking & Securitization and Project Finance. He is the chairman sterling Bank, Director, NSIA - Nigerian Sovereign Investment Authority, Chairman NESG - Nigerian Economic Summit Group.

Alex Otti is a Nigerian economist, banker, investor, philanthropist and politician. Otti is the former Group Managing Director of Diamond Bank Plc, a leading retail financial institution in Nigeria. Otti was a gubernatorial candidate of Abia State on the platform of All Progressives Grand Alliance (APGA). On 31 December 2015, The Court of Appeal which sat in Owerri removed Okezie Ikpeazu of the Peoples Democratic Party as governor of Abia State and declared Alex Otti of the All Progressives Grand Alliance, the winner of the April 11 and April 25 Governorship elections in the state. However, on February 3, 2016, the Supreme Court of Nigeria reversed the verdict of the Court of Appeal and affirmed the election of Ikpeazu as Governor. Dr. Alex Otti is a member of the editorial board of one of the most respected newspapers in Nigeria, Thisday, and writes a fortnightly column, every other Monday, titled "Outside The Box".

Tokunbo Abiru Nigerian banker and politician

Tokunbo Abiru was the Group Managing Director/Chief Executive Officer of Polaris Bank Limited, Nigeria. He attended the six-week Harvard Business School Advanced Management Program and Lagos Business School. He holds a B.Sc (Economics) from Lagos State University and is a Fellow of The Institute of Chartered Accountants of Nigeria (ICAN) and an Honorary Senior Member of The Chartered Institute of Bankers of Nigeria (CIBN). On August 24, 2020, Abiru resigned from Polaris Bank to contest the Lagos East senatorial election under the platform of All Progressives Congress

The Bank of Industry

Bank of Industry Limited is the oldest and largest Development Finance Institution (DFI) currently operating in Nigeria. It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%). The bank has 11 members on its board and it is chaired by Aliyu Abdulrahman Dikko.

Honeywell Group is a conglomerate based in Nigeria. It operates in diversified businesses such as foods and agriculture, telecommunication and infrastructure, real estate and financial services. The company was founded by Dr. Oba Otudeko, who is the group chairman.

Aishah Ahmad Ndanusa' is a Nigerian accountant, financial analyst and financial manager. She is currently a Deputy Governor of the Central Bank of Nigeria since her appointment on 6 October 2017. She replaced Sarah Alade, who retired in March 2017. Prior to her appointment, she was Head Consumer Banking & Investment at Diamond Bank. She was confirmed by the Nigerian Senate on 22 March 2018. she was born in sokoto, although she's from Bida, of Niger State

Azubuko Udah Nigerian police inspector general (b. 1954)

Azubuko Joel Udah (Esq.) is a retired Deputy Inspector General of Police. He is notable for conceptualising the amnesty program which brought about the disarmament of Niger-Delta militants during the Umaru Musa Yar'Adua government.

Ademola Adebise is the current Managing Director/Chief executive officer of Wema Bank Plc.

Jennifer Uchendu is a Nigerian ecofeminist and sustainable development advocate. She is the founder of an online platform making sustainability actionable and interesting for young Nigerians through a social enterprise called SustyVibes.

Jibrin Isah(born 28 February 1960) is Nigerian Politician and Banker, he is the Senator representing Kogi East Senatorial District of Kogi State at the 9th National Assembly.

References

  1. Okere, Roseline. "Renewable energy group raise the alarm over duty on solar panel". guardian.ng. Retrieved 2019-05-24.
  2. "Segun Adaju | EnergyNet". www.energynet.co.uk. Retrieved 2019-05-24.
  3. "Focus on Renewable Energy in Nigeria". Brand Spur. 2017-06-27. Retrieved 2019-05-24.
  4. Team, the MicroCapital (2007-06-26). "MICROCAPITAL STORY: Deputy Manager Segun Adaju of Nigeria's Integrated Microfinance Bank Ltd. (IMFB) Speaks at Full Gospel Businessmen Fellowships International's (FGBFI's) Conference". MicroCapital. Retrieved 2019-05-24.
  5. 1 2 Seibekl, Hans. "Microfinance in Nigeria: Origins, Options and Opportunities" (PDF). Hahnwaldweg.
  6. "Segun Adaju". THE GREEN CAMPUS INITIATIVE. Retrieved 2019-05-24.
  7. Gbadamosi, Elias (2018-02-06). "Susty Person of the Month - Mr Segun Adaju". SustyVibes. Retrieved 2019-05-24.
  8. "SEGUN ADAJU – Consistent Energy". www.consistent-energy.com. Retrieved 2019-05-24.
  9. Newspapers, Leadership (2012-12-11). "Nigeria Has Adequate Resources For Biomass Energy —Adaju". Nigeria A-Z Online. Retrieved 2019-05-24.
  10. "Segun Adaju". fellows.smefunds.com. Retrieved 2019-05-24.