OLAGUNJU, Waheed Abiodun


Kaduna State

Mr Olagunju was one of the architect and drivers of BoI’s outstanding turnaround and transformation into one of Africa’s best Development Finance Institution (DFI). He was also actively involved with the reconstruction of NIDB into BoI (2000-2001) and the consolidation of the mandates of NIDB and NERFUND into that of BoI and worked closely with the Federal Ministry of Industry and Messrs. He coordinated the diagnostic study of the Bank that was undertaken between 2004 and 2005 by the Swedish Consultants (Messrs. Swedish Development Advisers) who were appointed by the African Development Bank and furthermore, played a pivotal role in the implementation of their recommendations that formed a vital input into BoI’s paradigm shift that triggered the bank’s rapid transformation in 2006. Under the tenure of Mr Olagunju, the Bank of Industry recorded the most impressive performance in its history in 2016 by posting double-digit growth in almost all aspects of its operations, with about N66 billion disbursed to hundreds of small, medium and large scale businesses. Mr Olagunju is currently the Executive Director, Small and Medium Enterprises, Bank of Industry (BOI).
Gender: Male
Name of Spouse Mrs Olagunju (m. 1985)
State of Origin: Kwara State
Father's Name Alhaji Sanusi Olagunju
Mother's Name
Number of Male Children 1

– Ayo Abdulwaheed

Profession Administrator , Banker
Working Experience

Executive Director, Bank of Industry (BOI).

Previous Appointments:

– Broadcaster, NTWSports, 1981-1985;

– Broadcaster, Nigerian Television Authority (NTA) July 1981 – 1982 (NYSC);

– Head, Communication and Labour Desk, Nigerian Television Authority (NTA);

– Controller, News and Head of the Economic Desk, Nigerian Television Authority (NTA);

– Senior Manager/Head, Corporate Communications, Nigerian Industrial Development Bank (NIDB), 1990;

– Assistant Company Secretary, Nigerian Industrial Development Bank (NIDB), 1994;

– Company Secretary, Bank of Industry (BOI), 1997 – 2012;

– General Manager, Strategic Planning and Corporate Communications, Bank of Industry (BOI), 2007 – 2012;

– Executive Director, Business Development, Nigerian Industrial Development Bank (NIDB) (changed to Bank of Industry), 2012;

– Member, Board of Directors, Bank of Industry (BOI), 2012;

– Acting Managing Director, Bank of Industry (BOI), April 11 – May 16, 2014;

– Executive Director, Small and Medium Enterprises, Bank of Industry (BOI);

– Acting Managing Director/Chief Executive Officer, Bank of Industry (BOI), April 17, 2014 – 27 May 2017.

SCHOOLS ATTENDED: Niger Dams Authority (NDA) Senior Staff Primary School; Government Secondary School , Ilorin, Kwara State, 1971; University of Lagos, Lagos State, 1981 and 1984; Queens University, Canada, 2013; Paris School of Business, Paris, France, 2017.


Abuja Office: Plot 256, Zone A O,
Off Herbert Macaulay Way,
Behind Unity Bank Building,
Central Business District,
P.M.B. 205, Garki-Abuja, FCT.




[email protected];
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