Ibukun Abiodun Awosika who was born Bilkisu Abiodun Motunrayo Omobolanle Adekola is a Nigerian business magnate, author and motivational speaker. She currently serves as Chairman of First Bank of Nigeria.
Born as the third child of seven children in Ibadan, the capital of Oyo State, Ibukun completed her primary and secondary school education at St. Pauls African Church Primary School, Lagos and Methodist Girls’ High School, Yaba respectively before she proceeded to the University of Ife (now Obafemi Awolowo University) where she graduated with a B.Sc in Chemistry.
She holds post graduate and MBA certificates upon the completion of several business programmes at the Lagos Business School and IESE Business School.
How Ibukun Became The First Female Chairman Of First Bank
While on her compulsory one-year National Youth Service Corps service, Ibukun worked as an audit trainee at Akintola Williams & Co.
Although she had started ICAN exams, Ibukun gave up her ambition to become an accountant because she felt the life of an auditor did not allow much room for creativity and use of initiative.
As a result of her love for architecture she got a job at Alibert Nigeria Ltd. as showroom manager.
In her quest to be independent, she established a furniture manufacturing company called Quebees Limited in 1989. Her first upholstery was for the family of a friend of her youngest sister. The job was done at the back of her house then at Aguda, using her mother’s sewing machine.
This evolved into The Chair Centre Limited and later SOKOA Chair Centre Limited following a venture merge with SOKOA S.A and Guaranty Trust Bank in 2004.
She sits on the boards of Cadbury Nigeria Plc., Digital Jewel Limited and Convention on Business Integrity (CBI). She was Chairman, FBN Life Assurance Limited, FBN Capital Limited and Kakawa Discount House Limited. She also served on the board of Nigerian Sovereign Investment Authority (NSIA).
A fellow of the African Leadership Initiative and Aspen Global Leadership Network, Ibukun is a member of the Nigerian Economic Summit Group, member of the board of Nigerian Sovereign Wealth Fund and Chairman, Board of Trustees of Women in Management, Business and Public Service. In 2011, she co-founded the Afterschool Graduate Development Centre, a career centre established in order to checkmate the high rate of unemployment in Nigeria.
On September 7, 2015, Ibukun became the first woman to be appointed Chairman of First Bank of Nigeria following the resignation of Prince Ajibola Afonja.
Ibukun Awosika is married to Abiodun Awosika with whom she has three children.