Dr. Umaru Kwairanga, the Group Chairman of the Nigerian Exchange Group, recently headed a delegation to pay respects to the family of the late Christopher Ogunbanjo. The delegation included notable personalities such as billionaire businessmen Oba Otudeko and Aliko Dangote, alongside former and current board members and management across the group, as well as past presidents of the Nigerian Stock Exchange.
Christopher Ogunbanjo, renowned for his involvement in the establishment of the Nigerian Stock Exchange, passed away at the age of 99. Dr. Kwairanga conveyed the group’s heartfelt condolences to the Ogunbanjo family. He described Chief Christopher Oladipo Ogunbanjo as not just a fatherly figure, but also a patriarch, an esteemed elder statesman, a philanthropist, a legal luminary, and a titan in the corporate world.
Reflecting on Ogunbanjo’s contributions, Dr. Kwairanga emphasized his nurturing role on the NSE Council and his instrumental support for companies to list on the Exchange. Ogunbanjo’s leadership in corporate law brought about significant positive changes in numerous companies. Although his absence is deeply felt by his family, colleagues, and the communities he impacted, his legacy is expected to endure and serve as an inspiration for generations to come.
A prominent figure in Nigeria’s corporate legal sphere, Ogunbanjo passed away on Saturday, October 7. In an official statement, his family described him as a beacon of courage, moral integrity, and unwavering dedication to the entire family, embodying true commitment and service to his country.
Throughout his life, Ogunbanjo advocated for the introduction of domiciliary accounts in Nigeria, which later became a reality with the enactment of the Foreign Currency Decree 18 of 1985. His profound understanding of corporate law made him a significant shareholder in various Nigerian companies, including West African Batteries, Metal Box Toyo, Union Securities, 3M Nigeria, ABB Nigeria, Roche Nigeria, and Chemical and Allied Products Ltd.