Wale Edun

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Wale Edun
Nigerian Minister of Finance and Coordinating Minister of the Economy
Assumed office
21 August 2023
PresidentBola Tinubu
Preceded byZainab Ahmed
Lagos State Commissioner for Finance
In office
1999–2004
GovernorBola Tinubu
Preceded byMuhammed Ajibola Olagbaye
Succeeded byIsmail Adebayo Adewusi
Personal details
NationalityNigerian
Political partyAll Progressives Congress
EducationUniversity of London, University of Sussex

Olawale Edun is a Nigerian economist, investment banker and the current Minister of Finance and Coordinating Minister of the Economy.[1]

Education

Wale Edun holds a Bachelor’s and master's degree in Economics from the University of London and the University of Sussex respectively.[2]

Career

From 1980 to 1986, Wale Edun worked at Chase Merchant Bank (later Continental) in Lagos, Nigeria. He joined the World Bank in september 1986 through the elite Young Professionals program, where he worked on economic and financial packages for several countries in Latin America and the Caribbean. In 1989, he co-founded Investment Banking & Trust Company Limited (now Stanbic IBTC) and served as executive director.[3] . In 1994, he founded Denham Management Limited and has served as chairman since March 2008.

Political career

In 1999, he was appointed as Commissioner for Finance in Lagos State by then governor, Bola Tinubu, a position he held till 2004.[4]

Wale Edun, was the chairman of the governing council and the board of trustees of the Trust Fund for the Hydrocarbon Pollution Remediation Project (HYPREP) for the implementation of the United Nations Environmental Report (UNEP) on Ogoniland.[5]

In 2023, Nigerian president Bola Tinubu appointed him as Minister of State, Health and Social Welfare. He was sworn in on the 21st of August, 2023.[6][7]

Personal life & philantropy

Wale Edun is a board member and the Nigerian chairman of the Duke of Edinburgh’s International Award Foundation.[8] He is also chairman of Lagos Boxing Hall of Fame, a non-profit youth development organization that runs amateur boxing in Lagos.[9][10]

He is the Chairman of Livewell Initiative, a health-based NGO.[11]

References

  1. ^ Onuah, Felix (2023-08-16). "Nigeria's Tinubu appoints banker Olawale Edun as finance minister -presidency". Reuters. Retrieved 2023-08-21.
  2. ^ Ijaseun, David (2023-06-15). "Meet Wale Edun, special adviser to the president on monetary policy". Businessday NG. Retrieved 2023-08-21.
  3. ^ Olisah, Chike (2023-08-16). "Ex-Investment banker, Wale Edun, is Minister of finance and coordinating minister of the economy". Nairametrics. Retrieved 2023-08-21.
  4. ^ Sulaimon, Adekunle (2023-08-17). "Meet Wale Edun, revered economist, named Tinubu's finance minister". Punch Newspapers. Retrieved 2023-08-21.
  5. ^ Reporter, Our (2016-08-04). "Buhari inaugurates Wale Edun-led BoT, governing council for Ogoni clean-up". Tribune Online. Retrieved 2023-08-21.
  6. ^ Aworinde, Oluwatobi (16 August 2023). "Full List: Portfolios Of Tinubu's 45 Ministers". Channels TV. Retrieved 21 August 2023.
  7. ^ "Tour operators: How Lola Ade-John can succeed as tourism minister - P.M. News". Retrieved 2023-08-21.
  8. ^ "Wale Edun lauds Duke of Edinburgh's legacy". The Nation. 11 April 2021. Retrieved 21 August 2021.
  9. ^ "Lagos Boxing Hall Of Fame Clocks One". PM News. 6 August 2010. Retrieved 21 August 2023.
  10. ^ Nigeria, Guardian (2021-06-19). "Edun urges corporate Nigeria to emulate GOtv's intervention in boxing". The Guardian Nigeria News - Nigeria and World News. Retrieved 2023-08-21.
  11. ^ Ologunagbe, Olamide (2023-08-21). "Fiscal headaches awaiting Edun as finance minister". Businessday NG. Retrieved 2023-08-21.