First Female UBA Chairman Kuforiji Olubi Reportedly Dead

The former minister of Commerce and Industry, Dr. Bola Kuforiji-Olubi, 80, is reportedly dead.

She was said to have died on Saturday morning in Lagos.

The banker, who turned 80, was recently accompanied by one of her sons to meet President Muhammadu Buhari at the presidential Villa.

Buhari as a military Head of State appointed her the first female Chairman of United Bank for Africa.

Her highness,the Otunba Ayora Bola kuforiji Olubi served in various capacity locally and internationally. She was the 25th president Institute of Chartered Accountant of Nigeria, the first female to become president of the Institute; while she was in the office she launched Accounting Technicians Course 1989–1990.

First Nigerian woman to be CEO of a multinational company (VYB Industries Limited, with British affiliates (incheape & Co Plc) and first female Chairman of a public quoted company (Bewac Plc).

Otunba Ayora Bola kuforiji chair and served on the boards of many other companies. The first Chair man of Ogun, Osun River basin development (1976–1980), member governing council Nigerian Institute of Social and Economic research (NISER) from 1981–1983.

She had separated from the father of her children who is late, but she kept the Kuforiji name in the interest of her children and as, indeed, she is legally entitled to so do. She later met Chief Daniel Adeyanju Olubi who was an administrative manager in one of the companies she held sway in, married him and, in her most popular and successful days, became known as Chief Mrs. Bola Kuforiji-Olubi. Her husband, Yanju, a good friend of late Chairman of the Yoruba Tennis Club and leading architect of his time, Kingsonian, Arc. John Seyton Macgregor (AKA JSK) of the iconic and dynastic Lagos Macgregor family who took immensely to him and enhanced Olubi’s initiation into the Yoruba Tennis Club.

Mrs Bola Kuforiji-Olubi later separated from Chief Olubi and has been living a happy retired life caring for her children, Tokunbo and Joke and their children in her massive riverside mansion on Marine Road Apapa while surrendering the management of her real estate holdings to her children .