Tunde Folawiyo

Tunde Folawiyo is a Nigerian business executive and entrepreneur, best known as the Chairman of the Folawiyo Group, a diversified conglomerate with significant interests in energy, agriculture, shipping, and real estate. He is recognized as one of Nigeria's prominent business leaders, continuing the legacy established by his father, Wahab Folawiyo.Early Life and Education Tunde Folawiyo's early life laid the foundation for his later career in global business. He pursued advanced education, ultimately becoming a qualified lawyer. He has also received an honorary doctorate in business administration from Crescent University in Abeokuta, Nigeria.Career Progression Folawiyo took over the leadership of the Folawiyo Group in 2008 following the passing of his father, Wahab Folawiyo, who founded the organization. Under his direction, the conglomerate has maintained and expanded its presence across various sectors, including energy, agriculture, shipping, and real estate.Major Achievements and Notable Roles As Chairman, Folawiyo directs the strategy of the Folawiyo Group. Beyond this, he is the managing director of the Folawiyo Group, and has held several key positions in the Nigerian business landscape. Since 1996, he has served as the Vice President of the Nigeria Association of Indigenous Petroleum Explorers & Productions (NAIPEC). He was also the Chairman of Enyo Retail, a Nigerian downstream Oil and Gas Company, and serves as the chairman of Coronation Merchant Bank. In 2014, *Forbes* estimated his net worth to be around $650 million.Honors and Affiliations Folawiyo has received international and domestic recognition for his business and philanthropic work. In 2010, he was the recipient of the African Leadership Award. He also serves as a Goodwill Ambassador and an Honorary Citizen of the city of Houston, and holds the title of Honorary Consul of Barbados. He is a fellow of the Duke of Edinburgh's World Fellowship and is actively involved in academia, serving as a member of the Governing Council of the Lagos State University and sitting on the Board of Trustees of Crescent University.Current Status Tunde Folawiyo continues to reside in Lagos, Nigeria, serving as the Chairman and Managing Director of the Folawiyo Group, overseeing its diverse interests and maintaining his influential role in Nigeria's financial and energy sectors.