Olawale “Wale” Edun is a renowned figure in the financial sector, with extensive experience in economics, public finance, international finance, merchant banking, and corporate finance. He is currently serving as the Minister of Finance and Coordinating Minister of the Economy for the Federal Republic of Nigeria. Edun has held several high-ranking positions throughout his career, including the role of Honourable Commissioner for Finance in Lagos State during the administration of Senator Bola Ahmed Tinubu from 1999 to 2007. With a strong background in finance and a track record of leadership, Edun has made significant contributions to both the public and private sectors.
Wale Edun Personal Profile
- Full Name : Olawale Edun
- Date of Birth : December 14, 1959
- Highest Qualification : Master’s Degree (Economics)
- Tribe: Yoruba
- Country of Origin: Nigeria
- State of Origin : Ogun State, Nigeria.
Early Life and Education
Wale Edun, whose full name is Olawale Edun, has not disclosed his exact date of birth or detailed information about his early life. However, he holds a Bachelor’s Degree in Economics from the University of London and a Master’s Degree in Economics from the University of Sussex, England. His educational background equipped him with a strong foundation in economics and finance.
Wale Edun Career
Wale Edun’s career in the financial sector spans both national and international companies. He served as the Head of Treasury and Deputy Head of Corporate Finance at Chase Merchant Bank, where he was responsible for the bank’s Treasury and Money Market activities. He also played a significant role in Capital Market and Financial Advisory operations for local subsidiaries and affiliates of major multinational companies.
During his time at Chase, Edun gained valuable international experience while on secondment to Wall Street firms Lehman Brothers and Chase Manhattan Capital Markets Corporation in New York, USA. From 1980 to 1986, he worked at Chase Merchant Bank (later Continental) in Lagos, Nigeria.
In 1986, Wale Edun joined the World Bank/IFC in Washington DC, USA, through the prestigious Young Professionals program. At the World Bank, he worked on economic and financial packages for several countries in Latin America and the Caribbean, including the Dominican Republic and Trinidad, as well as Indonesia and India in the Far East.
In 1989, he returned to Nigeria as the Co-Founder and Executive Director of Stanbic IBTC Plc (formerly Investment Banking & Trust Company Limited). In 1994, he founded Denham Management Limited, a notable company in the financial sector. Edun also serves on the Board of several other companies, leveraging his expertise and experience to contribute to their success.
Notable Achievements and Philanthropy:
Wale Edun’s contributions extend beyond his professional career. He is the Chairman of Livewell Initiative, a health sector Non-Governmental Organization (NGO) dedicated to promoting well-being and healthcare. He is also a Trustee of Sisters Unite for Children, an NGO focused on providing assistance to children in need.
Furthermore, Edun is an International Trustee of the Duke of Edinburgh’s International Award Foundation, which aims to empower young people through non-formal education and personal development programs. He also serves as the Chairman of the Lagos Boxing Hall of Fame, a registered non-profit organization that promotes amateur boxing and youth development in Lagos.
Wale Edun’s Personal Life and Family:
Wale Edun is married to Amy Adwoa Edun (née Appiah), who is of Ghanaian descent. They have two sons, Adetomiwa Edun and Tobi Edun. Adetomiwa Edun is an actor in the UK movie industry, while Tobi Edun is married to Folake Fajemirokun, the daughter of Chief Oladele Fajemirokun, a successful business magnate, investor, and philanthropist. Chief Oladele Fajemirokun’s wife, Edith Korantema Fajemirokun, is also of Ghanaian origin, creating a connection between the two families.
Wale Edun’s Net Worth:
While Wale Edun is known to be a wealthy individual, he leads a modest lifestyle and does not indulge in flamboyant displays of wealth. The exact details of his net worth are not publicly available.
