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Wale Bolorunduro

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Samuel ‘Wale Bolorunduro (born 1966) is a Nigerian engineer, oil &gas professional, financial consultant and seasoned banker. He was the Commissioner of Finance, Budget and Economic Planning in the State of Osun, Nigeria (2011-2015).[1]

Early life

Born in 1966, Bolorunduro is an Ijesha from Obokun/Oriade Federal Constituency of Osun State.[2]


Education

Bolorunduro attended the prestigious Ilesha Grammar School where he sat for the Secondary School Certificate Examination. He also attended the Obafemi Awolowo University where he earned a bachelor’s degree in Metallurgical and Materials Engineering, First Class in 1990.[3] He obtained a master’s degree in Business Management (1999) and Doctor of Philosophy, PhD in Management (2002) from the University of British Columbia, Canada.[4] [5] He has attended many courses and conferences in many parts of the world including a project finance Executive Course organised by Wharton Business School of the University of Pennsylvania. He also holds a master's degree in Corporate Governance of Leeds Business School,United kingdom (2009).[6]


Employment

Bolorunduro began his career working as a Facilities Manager at Mobil Producing Nigeria in 1990.In 1991, he joined the service of the Arthur Andresen and Co (now KPMG Professional Services).[7][8]Afterwards, and he was employed by the Zenith Bank. At Zenith Bank, he spent  about 15 years working in the Financial, Corporate Banking, Infrastructures and Power departments.Before his first exit in Zenith Bank, he was the Bank’s deputy manager, Strategic Planning and Finance Control for close to four years.

In 1997, he was employed as Senior Consultant by Arthur Andersen& Co Vancouver BC, Canada. He later moved to BMO Nesbitt Burns (Investment Banking Group), Vancouver, BC Canada as Manager (Project Finance).[9] Boulunduro was also employed as a Teaching/Research Associate in the University of British Columbia, Vancouver in 2001. He returned to Zenith in 2003 take up an appointment as Senior Manager(Energy Division).Within the span of eight years he spent during his second coming to Zenith Bank(2003-2011),he held many key managerial positions: Assistant General Manager, Deputy Manager, Group Head(Telecoms &Technologies Business) and General Manager(head of Infrastructure and Power Sector).


Achievements and awards

For his brilliant performance during his undergraduate studies, Bolorunduro was given various awards for making the best grade in the Faculty of Technology, Obafemi Awolowo University.He was awarded Miccom Award for the best graduating students; Nigerian Society of Engineers Award for the best graduating student in the Faculty of Engineering and University Award for the graduating student with the highest Cumulative Grade Point Average for the year 1990.[10] Bolorunduro is said to be the one that pioneered construction financing in Telecom industry in Nigeria (2003-2006) and as well as project finance transactions in Upstream Oil and Gas, Telecoms, Power and Infrastructures. He is also known to be the brain behind the lift in the Internally Generated Revenue (IGR) of the State of Osun.When he held sway as the finance commissioner in Osun State,the monthly IGR of the state leaped from 300 million to 600 million on the average.[11][12] [13] [14]


References

  1. ^ "Osun State Executive Council". wikipedia. Retrieved 16 June 2017.
  2. ^ "At 47, Bolorunduro Is A Fulfilled Man". Nigeria Best Forum. Retrieved 16 June 2017.
  3. ^ "Dr. Wale Bolorunduro". Osun State Government Official Website. Retrieved 16 June 2017.
  4. ^ "Dr.Wale Bolorunduro". Osun State Government Official Website. Retrieved 16 June 2017.
  5. ^ "Omoluabi Savings and Loans". Bloomberg. Retrieved 16 June 2017.
  6. ^ "Omoluabi Savings And Loans". Bloomberg. Retrieved 16 June 2017.
  7. ^ "At 47, Bolorunduro Is A Fulfilled Man". Nigerian Best Forum. Retrieved 16 June 2017.
  8. ^ "Dr. Wale Bolorunduro". Osun State Government Official Website. Retrieved 16 June 2017.
  9. ^ "DR Wale Bolorunduro". Osun Government Official Website. Retrieved 16 June 2017.
  10. ^ "Dr. Wale Bolorunduro". Osun State Government Official Website. Retrieved 16 June 2017.
  11. ^ "Economic Wizardry In Osun Stat". Oyo State Latest News. Retrieved 16 June 2017.
  12. ^ "Osun commissioner cautions opposition on state finance". The Nation. Retrieved 16 June 2017.
  13. ^ "Osun is not in debt –Bolorunduro". Independent Nigeria. Retrieved 16 June 2017.
  14. ^ "ICT improved Osun IGR to N700m monthly – Bolorunduro". Business News. Retrieved 16 June 2017.