Early Life and Education
Mr. Abdulmashood Adekola and Hannah Aduke Adekola welcomed Ibukun Awosika into the world on December 24, 1962. She is from Ibadan, Oyo State, Nigeria, and is the third of seven children.
She went to Methodist Girl’s High School in Yaba, Lagos State, as well as St. Paul African Church Primary School. Ibukun Awosika holds an MBA from the Lagos Business School, the I.E.S.E Business School in Barcelona, Spain, and the Global CEO Programme of the Wharton, IESE, and C.E.I.B.S Business Schools, in addition to a Bachelor of Science in Chemistry from Obafemi Awolowo University, Ile-Ife.
Career
Ibukun Awosika worked as an audit trainee at Akintola Williams & Co., which eventually became Deloitte, during her mandatory one-year National Youth Assignment Corps (NYSC) service in Kano state, but returned home after the service and joined Alibert Nigeria Ltd., a furniture company, as showroom manager.
In 1989, she started a furniture manufacturing company called Quebees Limited, which eventually became The Chair Centre Limited, and then SOKOA Chair Centre Limited after a joint merger with SOKOA S.A and Guaranty Trust Bank in 2004.
Ibukun Awosika is a member of the Nigerian Economic Summit Group, a member of the board of the Nigerian Sovereign Wealth Fund, and the former Chairperson of the Board of Trustees of Women in Management, Business, and Public Service.
He is also a fellow of the African Leadership Initiative and the Aspen Global Leadership Network.
She co-founded the Afterschool Graduate Development Centre in 2011, a career center created to combat Nigeria’s high unemployment rate.
Following the departure of Prince Ajibola Afonja on September 7, 2015, Ibukun became the first woman to be appointed Chairman of First Bank of Nigeria.
Ibukun Awosika serves on the International Advisory Board of IESE (IAB). She is also a director of Cadbury Nig Plc and Digital Jewel Limited.
Personal Life
Ibukun Awosika had a variety of career aspirations when she was younger, including being an architect, lawyer, and accountant. She made every effort to enter law school while majoring in chemistry at Obafemi Awolowo University since she was so determined to become a lawyer. When that didn’t work out, she made the decision to become an accountant and began taking accounting classes while also studying chemistry at the university.
She is happily married to Abiodun Awosika and they are blessed with three children: Oludola, Olafusika, and Olamiposi. Her husband, Abiodun Awosika, is the CEO of Excel Exploration & Production Company Limited.
Ibukun Awosika enjoys watching legal and investigative television shows in her free time.
Net Worth
Ibukun Awosika has built a good amount of wealth for herself since she became an entrepreneur. Her estimated net worth is said to be $10 million.
