Adebayo Adelabu Biography, Education, Career, Controversies, And Net Worth

Adebayo Adelabu biography

Adebayo Adelabu was born on September 28, 1970, in Ibadan, Oyo State, Nigeria, he is a prominent Nigerian figure known for his roles in both the financial sector and politics. He hails from the Aderibigbe Adelabu family of Oke-Oluokun compound in the Kudeti Area of Ibadan. His lineage includes his grandfather, Adegoke Adelabu, adding a rich historical connection to his background.

Adebayo Adelabu Profile

NameAdebayo Adelabu
Real Name Adebayo Adekola Adelabu 
Date of Birth 28 September 1970
Age53 years
State of Origin Oyo State
Tribe Yoruba
Nationality Nigerian
Occupation Politician and Financial expert
Religion Christianity
Marital Status Married
Net Worth $2 Million
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Educational Background

Adebayo Adelabu educational background

Adebayo Adelabu received a first-class degree in Accounting from Obafemi Awolowo University. He is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and has taken professional courses at prestigious institutions like Harvard Business School, Stanford, Wharton, Columbia, and others.


Adebayo Adelabu Career

Adebayo Adelabu commenced his professional journey at PriceWaterhouse (now recognized as PricewaterhouseCoopers), a prominent global company specializing in chartered accounting and management consulting. Throughout his span of seven years there, he oversaw diverse audit and advisory undertakings for significant banks and financial establishments both within and beyond Nigeria. He was seconded to the Central Bank of Nigeria (CBN) in 1999, where he led the finance team on the “Project EAGLES” re-engineering and corporate renewal project. This experience showcased his expertise in financial management and strategic planning.

Adelabu held key positions in prominent banks, including First Atlantic Bank, where he served as the Financial Controller and Group Head of Risk Management and Controls. He continued to rise within the ranks, becoming the Chief Inspector of the Bank and later the Group Head of National Public Sector Business.

Adelabu’s career took him to Standard Chartered Bank, where he held the role of West African Regional Head of Finance and Strategy (Consumer Banking Business). His responsibilities included overseeing financial operations in both Lagos and Accra.
He later became an Executive Director/Chief Financial Officer (CFO) at First Bank of Nigeria Plc (FBN) at the age of 39. This achievement highlighted his financial acumen and leadership capabilities within one of Nigeria’s largest banks.

In February 2014, Adelabu was appointed by former President Goodluck Jonathan as the Deputy Governor, Operations of the Central Bank of Nigeria (CBN). In this role, he played a crucial part in overseeing various operational aspects of the country’s central banking system.

Adelabu’s entrepreneurial spirit led him to invest in various sectors, including hospitality, entertainment, agriculture, and real estate. He served as the Group Chairman of Bayse One Group of Hotels and Bayse One Farm, showcasing his ability to diversify his interests and contribute to different industries.

Adebayo Adelabu entered the political arena, resigning from his role as Deputy Governor of the Central Bank of Nigeria to pursue the governorship position of Oyo State in 2019. He ran as the gubernatorial candidate for the All Progressives Congress (APC) in the 2019 Oyo State gubernatorial election but was unsuccessful.

Adelabu’s involvement in politics continued as he made headlines with his defection from the All Progressives Congress (APC) to the Accord Party in 2022. This move came after he lost the APC gubernatorial primary election to Teslim Folarin.
He emerged as the gubernatorial candidate for the Accord Party, demonstrating his commitment to contributing to governance and public service.


Adebayo Adelabu Controversies

Adebayo Adelabu has been involved in controversies surrounding his political ambitions, including his gubernatorial campaigns and party affiliations.

Adebayo Adelabu Social Media Handles

Adebayo Adelabu is active on social media, he can be found on Instagram @bayo_adelabu and Twitter @BayoAdelabu.

Personal Life

Adebayo Adelabu Personal life

Adebayo Adelabu was born on September 28, 1970, in Ibadan, Oyo State, Nigeria. He comes from the Aderibigbe Adelabu family of Oke-Oluokun compound, Kudeti Area in Ibadan. His grandfather is Adegoke Adelabu.

Adebayo Adelabu Net Worth

Adebayo Adelabu Net worth

Adebayo Adelabu is estimated to be worth approximately $2 Million.

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