The Group Chairman of the Nigerian Exchange Group, Dr. Umaru Kwairanga led a delegation including billionaire businessmen, Oba Otudeko, Aliko Dangote, former and current board members and management across the group and past presidents of Nigerian Stock Exchange on a condolence visit to the family of late Christopher Ogunbanjo.
Ogunbanjo, whose firm handled the incorporation of the Nigerian Stock Exchange, died aged 99
Expressing the Group’s condolences to the Ogunbanjo family, Dr. Kwairanga stated, “Chief Christopher Oladipo Ogunbanjo was not just a father but a patriarch, an elder statesman, philanthropist, legal luminary and a corporate titan. At NGX Group, we remember him for his fatherly role on the Council of the NSE and his contribution to the growth of many companies as an investor, encouraging them to list on the Exchange. He championed many initiatives in corporate law which positively impacted many companies.’’
“While his absence leaves a void that will be felt by the family, professional colleagues, and the communities that benefited from his benevolence, it is comforting to know that Chief Ogunbanjo’s legacy will endure and continue to inspire us for generations to come.”
Ogunbanjo was one of Nigeria’s most distinguished corporate lawyers. He died on Saturday, October 7.
Announcing his passing via a statement, his family said, “Papa was an unwavering beacon of reassurance, courage and moral integrity for the entire family, truly embodying dedication and service to his country.”
During his lifetime, Ogunbanjo advocated for domiciliary accounts in Nigeria which later came into existence through the promulgation of the Foreign Currency Decree 18 of 1985.
Ogunbanjo’s familiarity with corporate law led him to be a significant shareholder in various Nigerian companies like West African Batteries, Metal Box Toyo, Union Securities, 3M Nigeria, ABB Nigeria, Roche Nigeria and Chemical and Allied Products Ltd.