Age, Biography and Wiki

Adebayo Adelabu (Adebayo Adekola Adelabu) was born on 28 September, 1970 in Ibadan, Oyo State, Nigeria, is a Federal Minister of Power of Nigeria. Discover Adebayo Adelabu's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 53 years old?

Popular As Adebayo Adekola Adelabu
Occupation N/A
Age 53 years old
Zodiac Sign Libra
Born 28 September, 1970
Birthday 28 September
Birthplace Ibadan, Oyo State, Nigeria
Nationality Nigeria

We recommend you to check the complete list of Famous People born on 28 September. He is a member of famous Minister with the age 53 years old group.

Adebayo Adelabu Height, Weight & Measurements

At 53 years old, Adebayo Adelabu height not available right now. We will update Adebayo Adelabu's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Adebayo Adelabu Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Adebayo Adelabu worth at the age of 53 years old? Adebayo Adelabu’s income source is mostly from being a successful Minister. He is from Nigeria. We have estimated Adebayo Adelabu's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Minister

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Timeline

1970

Adebayo Adelabu (born 28 September 1970) is a former deputy governor, operations of the Central Bank of Nigeria and currently serving as the federal minister of power of Nigeria.

1976

Adelabu attended Ibadan Municipal Government primary school, Agodi Ibadan from 1976 to 1982 and Lagelu Grammar School, Ibadan from 1982 to 1987.

Adelabu received a first class degree in Accounting from Obafemi Awolowo University, Ile-Ife.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of Chartered Institute of Bankers of Nigeria and an Associate Member of the Institute of Directors of Nigeria and the United Kingdom.

Adelabu has also taken up professional courses in various business schools, including Harvard, Stanford, Wharton, Columbia, Kelloggs, Euromoney, and the University of London.

Adelabu started his career with PriceWaterhouse (now PricewaterhouseCoopers), an international firm of chartered accountants and management consultants.

During his seven years with the firm, he led and managed various audit and consultancy engagements for large banks and non-bank financial institutions within and outside Nigeria.

1999

He was on secondment to the Central Bank of Nigeria for one year in 1999 when he led the finance team on the CBN re-engineering and corporate renewal project tagged "Project EAGLES".

2000

He left the firm in year 2000 as an audit manager and senior consultant to join First Atlantic Bank as the Financial Controller and Group Head of Risk Management and Controls.

2002

He was later promoted to Chief Inspector of the Bank in 2002 and Group Head of National Public Sector Business in 2003.

Adelabu moved to Standard Chartered Bank as the West African Regional Head of Finance and Strategy (Consumer Banking Business) with dual offices in Lagos and Accra.

2009

He was there till 2009 from where he became an Executive Director/Chief Financial Officer (CFO) of Nigeria's largest bank, First Bank of Nigeria Plc.

(FBN) at the age of 39.

2014

Adebayo was appointed by former President Goodluck Ebele Jonathan in February 2014 as Deputy Governor, Operations of the Central Bank of Nigeria (CBN).

Adelabu serves as the Chairman, Board of Directors of the Nigeria InterBank Settlement Systems (NIBBS) and has chaired the board of Financial Institution Training Centre (FITC).

He is also a serving member of the Board of Federal Inland Revenue Services (FIRS), Nigeria Security Printing and Minting Company (NSPMC), the Assets Management Corporation of Nigeria (AMCON) and the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL).

Adelabu is also a businessman and has investments spanning the hospitality, entertainment, agriculture and real estate industries.

He is the Group Chairman of Bayse One Group of Hotels, the Best Western Plus Hotels, Ibadan and Bayse One Farm.

2018

He made his intention official on June 20, 2018, when he visited the All Progressive Congress party secretariat in Ibadan to make his declaration and also pick up the governorship aspirant form.

On 30 September 2018, he emerged as the gubernatorial candidate for the APC (All Progressives Congress) Party in Oyo State at the party primaries held at the Lekan Salami Stadium in Ibadan where contestants Joseph Tegbe, Niyi Akintola and four others withdrew from the race with some pledging their unwavering support to Mr Adelabu.

2019

And 2019 Oyo State gubernatorial candidate for the All Progressives Congress.

Adelabu was born to Aderibigbe Adelabu of Oke-Oluokun compound, Kudeti Area in Ibadan.

His grandfather is Adegoke Adelabu.

Adelabu resigned from Central Bank Nigeria with the intention of seeking election into the governorship position of Oyo State in 2019.

On March 9, 2019, Adelabu lost to Oluwaseyi Makinde of the People Democratic Party in the 2019 Oyo gubernatorial election in Oyo state.

In 2022, he resigned from the All Progressive Party (APC) and defected to Accord party after he lost the primary election to Teslim Folarin who emerged as the APC gubernatorial candidate.

He emerged and will be contesting for the Governor of Oyo state under the umbrella of Accord Party after the previous candidate Ayodele Oyajide stepped down.

On 27th of July 2023, Adelabu was included in President Bola Ahmed Tinubu's 28-man ministerial nomination.

He was made minister of power by president Bola Tinubu on 16 august, 2023