Tunde Lemo

{{Short description|Nigerian banker}} '''Tunde Lemo''' or '''Tunde O. Lemo'''<ref name="Bloomberg">Bloomberg : Executive Profile and background of Tunde O. Lemo [https://www.bloomberg.com/research/stocks/private/person.asp?personId=9366425&privcapId=9241078]</ref> (born 1959<ref name="NM"/>) is a Nigerian banker and former deputy governor of operations and director of the Central Bank of Nigeria.<ref name="Bloomberg"/> As of 2018, he serves as chairman of the Federal Roads Maintenance Agency (FERMA).<ref name="Daily Post">Daily Post (Nigeria) : ''Buhari appoints Tunde Lemo as FERMA chairman'', by Senater Imenger, Published on 19 July 2018 [http://dailypost.ng/2018/07/19/buhari-appoints-tunde-lemo-ferma-chairman/]</ref><ref name="NM">''8 Things You Probably Didn’t Know About The New FERMA Chairman, Tunde Lemo'' by Anuoluwapo Adeseun [in] Nigerian Monitor [http://www.nigerianmonitor.com/tunde-lemo-profile-wikipedia-biography-new-ferma-chairman/amp/]{{dead link|date=February 2025|bot=medic}}{{cbignore|bot=medic}} </ref>

==Early life and education== Lemo was born in 1959, and is a native of Ogun State.<ref name=NM/> His mother, Eunice Olufolake Lemo (11 November 1932 — 9 May 2018), was a school teacher.<ref>Punch : ''CBN ex-deputy governor, Tunde Lemo, loses mother'' (Published 21 May 2018) [https://punchng.com/cbn-ex-deputy-governor-tunde-lemo-loses-mother/]</ref><ref>[http://thenationonlineng.net/tunde-lemo-loses-mum/ The Nation : ''Tunde Lemo loses mum'' (11 May 2018)]</ref>

Lemo attended the University of Nigeria Nsukka, where he graduated with First Class Honours in Accounting in 1984, and in 1997, became a Fellow of the Institute of Chartered Accountants of Nigeria.<ref name="Bloomberg"/><ref name="NM"/> He is also a Fellow of the Chartered Institute of Bankers.<ref>Official website of Central Bank of Nigeria : Profile of ''Mr. Tunde Lemo (OFR)'' (retrieved 7 August 2018) [http://www.cbn.gov.ng/AboutCBN/TheBoard.asp?Biodata=lemo&Name=Mr.+Tunde+Lemo+(OFR)] C</ref>

==Career== He started his career from Arthur Anderson & Co in 1985 and from 2000 to 2003, Lemo served as managing director of Wema Bank Plc, and in 2003, became the deputy governor of operations and director of the Central Bank of Nigeria—serving as its deputy governor of financial surveillance sector.<ref name="Bloomberg"/><ref name="NM"/><ref name="Daily Post"/>

On 2 January 2004 Lemo became the director and chairman of the Abuja Securities & Commodity Exchange Plc.<ref name="Bloomberg"/>

He was a non-executive director of Africa Finance Corporation since 16 May 2007.<ref name="Bloomberg"/>

On Friday 6 October 2017 President Muhammadu Buhari of Nigeria approved his appointment as the new chairman of the Federal Emergency Road Maintenance Agency (FERMA). He effectively became a chairman of the agency in July 2018 joined by six new members of the board and a new managing director.<ref name="NM"/><ref name="Daily Post"/><ref>The Eagle : ''Senators Fight Over Buhari’s Composition Of FERMA Board'' (19 July 2018) [https://theeagleonline.com.ng/senators-fight-over-buharis-composition-of-ferma-board/]</ref>

Today, as the former Chairman of the boards of Titan Trust Bank and Flutterwave, he continues to lend his expertise as an active member of numerous other boards.<ref>{{Cite web|title=Dr Tunde Lemo|url=https://fintechng.org/team_mf/dr-tunde-lemo/}}</ref>

On Monday 2 October 2021, Tunde blamed infrastructural decay as the reason [https://dailyreportng.com/what-is-driving-away-investors-from-nigeria-tunde-lemo/ why investors run away from Nigeria.]

On Thursday 23 December 2021 Union Bank of Nigeria Plc, in a disclosure filed with the Nigerian Exchange Limited (NGX), announced that Tunde Lemo owned Titan Trust Bank Limited has reached an agreement with Union Global Partners Limited and other shareholders to acquire a combined 89.39 percent stake in Union Bank of Nigeria Plc.<ref>{{Cite web|title=Dr Tunde Lemo|date=24 December 2021 |url=https://investorsking.com/2021/12/24/titan-trust-bank-to-acquire-union-bank-as-atlas-mara-others-sell-89-4-percent-stake/}}</ref>

==References== <references />

{{DEFAULTSORT:Lemo, Tunde}} Category:Living people Category:1960 births Category:Nigerian bankers Category:University of Nigeria alumni Category:People educated at Lisabi Grammar School