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Ecobank Nigeria Appoints Carol Oyedeji As Deputy Managing Director

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The Board of Ecobank Nigeria has announced the appointment of Carol Oyedeji as a Deputy Managing Director.  The appointment of Mrs. Oyedeji, , has since been approved by the Central Bank of Nigeria (CBN). She joined Ecobank Nigeria in 2017 as Executive Director, Consumer Banking and subsequently oversaw the Commercial Banking Business.

Carol Oyedeji is a seasoned banker and corporate administrator with over 30 years’ experience. Before joining Ecobank, she was the Regional Head of Client Acquisition & Relationship for Africa and the Middle East at Standard Chartered Bank, where she covered Retail Distribution in 14 countries across the Region. Carol was also at various times, Head of Business Banking for Standard Chartered Africa, Regional Head for Consumer Banking in West Africa, and Non-Executive Director at Standard Chartered Bank Gambia. She is a graduate of Chemistry from the University of Lagos and holds an MSc in Financial Management from the University of London and an MBA in Banking and Finance from the University of Lagos. She has attended several Leadership courses in Oxford University, INSEAD, Singapore, UCLA and Stanford University and is a member of various industry bodies.

In her comment, Chairman, Ecobank Nigeria, Bola Adesola said Carol’s appointment is in line with the Bank’s policy of ensuring participative leadership and building a pipeline of future leaders. She is optimistic that Carol’s wealth of experience would positively influence the goals and vision of the Pan African Bank. Also commenting, Managing Director, Bolaji Lawal described Carol’s appointment as an acknowledgement of her hard work and dedication to the Ecobank brand. He believes that the appointment will also encourage and propel other diligent and result oriented professionals within the organisation to continue to drive sustainable growth for the Bank.

Ecobank Nigeria Ltd. is a subsidiary of the Ecobank Group, the leading pan-African banking group with operations in 33 African countries and an international presence in four locations (London, Paris, Beijing, and Dubai). Ecobank Nigeria is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small, and micro businesses, and individuals.

Ecobank is a major player in the distribution of financial services in Nigeria, leveraging digital platforms including Ecobank Mobile App and USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank Omnilite, EcobankPay, Ecobank RapidTransfer, ATMs, POSs and an extensive distribution network of over 250 branches and over 50,000 agency banking locations.

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Personality in Focus

Gospel Singer, Big Bolaji, Dies at 50

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The family of Bolaji Olarewaju, popularly known as Big Bolaji has confirmed the passing of the singer following a brief illness.

According to a statement signed by the Family on Saturday, Bolaji died on Easter Saturday.

The statement said, “It is with profound sadness that we announce the passing of Bolaji Olarewaju, affectionately known as “Big B,” a cherished father, husband, brother, and an esteemed figure in both the church community, an ordained Pastor in the RCCG and a giant in the music industry and our community. Bolaji left us on Easter Saturday, 19th April 2025, after a brief illness.

“His departure leaves a void in our hearts that can not be filled.

“Bolaji’s life was a testament to his passion for music, his unwavering faith, and his dedication to uplifting those around him. His legacy is not only in the melodies he created but in the lives he touched and the unquantifiable joy he spread.

“We take solace in knowing that his absence with us is his presence with the Lord, and the indelible mark he left on all who had the privilege of knowing him will not be erased.

“As we navigate through this time of loss, we kindly request privacy to mourn as a family. We are deeply grateful for the outpouring of love and support we have received and ask that you continue to keep us in your prayers.

“Details regarding the obsequies will be shared in due course as we come together to celebrate Bolaji’s remarkable life and legacy.

“Thank you for respecting our wishes during this incredibly difficult time. With gratitude, The Family of Bolaji Olarewaju.”

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Personality in Focus

Founder, Diamond Bank, Paschal Dozie Dies 86

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Pascal Dozie, a renowned Nigerian entrepreneur and business leader has died. He was 86.

According to sources close to the deceased, Dozie died a battle with old age-related illness.

Dozie, was a man of many parts, best known for founding Diamond Bank and serving as chairman of Pan-Atlantic University.

He was born on April 9, 1939, in Egbu, Owerri, Imo State, Nigeria. Dozie’s educational background includes a degree in Economics from the London School of Economics and a master’s in Administrative Science from City University in London.

Dozie also founded theAfrican Development Consulting Group, which worked with notable clients like Nestle and Pfizer. He served as MTN Group chairman but later resigned and was succeeded by Ernest Ndukwe.

Dozie received the prestigious National Award of the Order of the Niger (OON) for his contributions to Nigeria’s banking industry.

Dozie is survived by his wife Chinyere Dozie, and five children among other relatives.

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Ex-Oyo Governor, Victor Olunloyo, Dies at 90

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A former governor of Oyo State, Dr. Victor Olunloyo, is dead.

According to a statement by his family on Sunday, he died a few days before his 90th birthday.

The statement titled ‘Victor Olunloyo goes home’ was signed by Oladapo Ogunwusi on behalf of the family.

It read, “With a heavy heart but gratitude to the Almighty, we announce the passing into glory of Dr. Victor Omololu Olunloyo, former governor of Oyo State, mathematician and engineer and renowned technocrat, a few days before his 90th birthday.

“The Balogun of Oyo and Otun Bobasewa of Ife, Dr. Olunloyo was first Rector, Ibadan polytechnic and first Rector, Kwara State Polytechnic among other notable appointments.

“His long record of service to the nation and humanity is a source of pride to his family and associates even as we come to grip with this devastating event.

“The Olunloyo family will appreciate the understanding of the press and the public as they commence efforts to give him a befitting burial.

“Even from everlasting to everlasting, He is God.”

About a year ago in April 2024, the rumour of the death of the elder statesman was reported by some news platforms.

But speaking with The PUNCH correspondent who visited his Molete residence in Ibadan, the state capital, he debunked the rumour, saying he was hale and hearty.

“I’m still here, not yet gone,” he declared then.

He also expressed worry over the rumour and asked who would live forever, stressing, “Those breaking death news and the person presumed dead will all die one day.

“I’ve been lucky. My father died at 42, while my mother died at 102. I’m 89. I’ve crossed the expected life age.”

The elder statesman also illustrated how the rumour of his death hit several news platforms on June 7, 2022.

He noted that the rumour mongers claimed that he died at the University College Hospital, Ibadan.

A few days later, the family issued a statement, declaring that he was not dead but suffering from old age ailment and asked Nigerians to pray for him to survive the health complications.

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