Hakeem Belo-Osagie

Hakeem Belo-Osagie was born in 1995 in Lagos State, Nigeria, to Professor Tiamiyu Belo-Osagie. He is a Nigerian entrepreneur and philanthropist and also notably a former chairman of 9Mobile (formerly known as Etisalat Nigeria).

Hakeem Belo-Osagie Age

Not available.

Hakeem Belo-Osagie Early Life

Hakeem was born to a gynaecologist father and a nurse mother. He had his secondary education at King’s College in Lagos but completed it at the United World College of the Atlantic in Wales, UK. He thereafter, obtained a law degree from the University of Cambridge, an MA in Politics, Philosophy and Economics from the University of Oxford and an MBA from the Harvard Business School. He is also a member of the Nigerian Bar Association.

Hakeem Belo-Osagie Career

Hakeem began his career at the Federal Government of Nigeria as an economist and a lawyer. His father was the gynaecologist to the family of former Nigerian military president Ibrahim Babangida. This connection made is easier for him to get his job with the government.  He occupied the position of Presidential Adviser on petroleum and energy and later on became the Secretary of the Oil Policy Review and LNG Committees. He also worked in the Petrochemicals Division of the Nigerian National Petroleum Corporation. He however resigned his appointment in 1986 to start up something of his own. He started CTIC which eventually grew to become a leading energy consulting firm in Nigeria. The positions he had held in the government put him in the best place to make the oil deals that gave him his first fortune.

Osage garned experience in the finance sector tucked under his belt. He became the chairman of the board of directors of The United Bank for Africa Plc (The “UBA”) in 1998. His tenure as chairman of the UBA was sadly tinted with some controversy. Allegations purporting that the United Bank for Africa Plc under his tutelage had been involved in unlicensed foreign exchange trading. He resigned around this same period in March 2004 and sadly was blacklisted by The Central Bank of Nigeria. By 2005, local reports had it that the Nigerian Economic and Financial Crimes Commission were investigating his chairmanship of the UBA. However no criminal charges were ever filed against him.

He also held other top positions in other corporations. He is the founder and former chairman of First Securities Discount House which is now known as FSDH Merchant Bank Limited. FSDH stands to be Nigeria’s leading money markets and Treasury bill trading financial services firm. He owns a significant stake in the telecommunications company- 9mobie (formely Etisalat). He is also a one time chairman of the company.

He is the chairman of and also main shareholder in Duval Properties Limited. Duval Properties Limited is a real estate company engaged in the development of a new residential and commercial district in Jabi Lake, Abuja. He chairs the board of Vitol Nigeria; a subsidiary of the Swiss-based Vitol Group, multinational energy and commodity trading firm.

Hakeem Belo-Osagie Personal Life

Osagie is married to Dr Myma Belo-Osagie and together they have four children. His wife is a founding partner of Udo Udoma & Belo-Osagie and they are both members of Harvard University’s Global Advisory Council.

The couple are also one of the biggest donors to the African Leadership Academy (the “ALA”), a residential secondary school in Johannesburg that is dedicated to educating Africa’s brightest students. They established the “Hakeem and Myma Belo-Osagie Fund for the Promotion of Africa” at Yale University.

Hakeem Belo-Osagie Awards

In 2014, he was named the forty-first richest man in Africa by Forbes Magazine.

Hakeem Belo-Osagie Net Worth

Hakeem Belo-Osagie is estimated to have a net worth of about $600 million

Hakeem Belo-Osagie on Social Media