Aliyu K. Belgore: An Accomplished Banker for AMCON

Date: 2010-11-30

by LABARAN SALEH

In Nigeria the name Belgore is synonymous to law at highest level, but unlike other popular Belgores from the Ilorin Emirate who are lawyers, magistrates and judges, Aliyu Kola Belgore is a thorough bred and an accomplished banker of repute. He was recently confirmed by the Senate of the Federal Republic of Nigeria as the Chairman of the Board of the Asset Management Corporation of Nigeria (AMCON).

He holds a diploma in Accountancy (1964) and Bachelor of Science in Economics (1969) from the Ahmadu Bello University, Zaria, Belgore also possesses aMasters in Business Administration degree (1973) from the ADL Management Institute, Boston, Massachusetts, USA, under the sponsorship of the United Nations.

He began his working career in 1965 in the Northern Nigeria Civil Service where was appointed an Assistant Executive Officer in the office of Premier of  Northern Region, Sir Ahmadu Bello, the Sardauna of Sokoto.  By 1969, he moved to the New Nigerian Development Company (NNDC) as an Investment Executive from where he was appointed General Manager of Nigerian Leatherworks Company, one of the subsidiaries of the Northern Nigeria Development Corporation (NNDC) in Kano in 1974, and in 1976 he was made the Head of Investment Department of (NNDC).  During his administration the portfolio of NNDC grew from less than 40 firms to over 100 companies. With the establishment of Kaduna Textiles Limited in 1978, he was made the first indigenous Managing Director and chief executive officer.

Destined to be a banker, Belgore commenced his banking career in 1981 when he was appointed Assistant General Manager of Union Bank of Nigeria Plc from where he moved to the Nigerian Merchant Bank in 1984 as the Deputy Managing Director and subsequently promoted as Managing Director of the Bank.

One of his great achievements in the banking sector was in the 90s when he was invited to turn-around Savannah Bank of Nigeria Plc as the Managing Director, he left in 1999 after he had successfully stabilised the bank.

His most recent successful outing was in 2000 when he was appointed the chairman of Afribank Nigeria Plc. Belgore led a team of committed board and management in initiating and implementing far-reaching strategies that stabilised the Bank for optimal performance.  The bank successfully recapitalised in meeting the mandatory consolidation requirement of the Central Bank of Nigeria in 2004 and the raised additional capital in 2007. Not only did the bank under him acquire Lead and Assurance Banks under Purchase & Assumption option of the NDIC, it also won Euromoney Industrial Deal of the Year Award in 2007.

He has been a financial consultant to both local and international institutions. He was credited with facilitating and establishing the Inland Bank and the North-Central State Investment Company Limited.

Aliyu Kola Belgore has served as a Director on the Boards of several companies which include Nigerian Stock Exchange, Bewac Limited, Arewa Hotels Limited, Nigerian Sugar CompanyCement Company of Northern Nigerian, Makeri  Smelting Company,  Jos. Others are NAL Merchant Bank, Cooperative and Commerce Bank, Nigeria Sugar Company, Kwara State Housing Corporation, Profund Securities Limited and Nigeria Hotels Limited.

A fellow of the Chartered Institute of Bankers (FCIB), holder of the Order of the Federal Republic (OFR) and traditional title of Jarman Ilorin, he is a philanthropist and member of notable professional bodies and social clubs.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ilorin     Olusegun Adeniyi     Innocent Okoye     MMWG     Femi Oladiji     Mahee Abdulkadir     Tunde Akanbi     Kwara Consultative Forum     Shola Odetundun     Suraj Tunji Oyewale     Mohammed Ibrahim     Sardauna     NaAllah     Mogaji Aare     Akanji     Women For Change And Development Initiative     Agboola Abdulraheem     Olabode George Towoju     Sheikh Ridhwanullah     Katibi Ibraheem Adeola     Temitope Ogunbanke     Tafidan Kaiama     Baaziki Sulaiman     Biliaminu Aliu     Kudirat Arinola Lawal     Salihu Yahaya     Elekoyangan     Local Government Pension Board     Alaiye     Valsolar     Durbar Festival     Ilorin Like-Minds     Yusuf Amuda Gobir     Lawal Olohungbebe     GRA     Oyeyemi Olasumbo Florence     Mahe Abdulkadir     Segun Adeniyi     Benin Republic     Mumini Ishola Hanafi     Ghali Muhammed     Umar Saro     Suleiman Alege Kuranga     Yusuf Ali     Aisha Ahman Pategi     Ilorin Central Mosque     Kwara Basketball Association     Aishat Mohammed Lawal     Owo Arugbo     Toun Okewale-Sonaiya     Zubair Folorunsho Erubu     Ilorin International Airport     Adegoke Bamidele     Veterinary Teaching Hospital     Bamikole Omishore     Babatunde Ajeigbe     Olosi Of Osi     Osinbajo     NYSC     Ayoade Akinnibosun     Oloyede     Mamman Saba Jibril     Mufutau Gbadamosi Esuwoye     Talaka Parapo     Kolawole Akande     Bashirat Bola Bello     Dorcas Afeniforo     Belgore     MINILS     Fatai Garuba Labaka     Abegunde Goke     Ajasse-Ipo     Abdulrasheed Na\'Allah     CELF     Seni Saraki     Danhawa     Isaac Aderemi Kolawole    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

NNPP     Budo Egba     Elerin Of Erin-Ile     Kayode Oyin-Zubair     Abubakar Kawu Baraje     John Mayokun Dada     John Kehinde Salako     Yahaya Jibril Usman     Apado     Dele Belgore     Kwara State Coalition Of Business And Professional Associations     Kayode Laro     Salami Adekunle     Hamidat Sulyman-Yusuf     Dan Iya Of Ilorin     IESA     All Peoples Party     Aliyu U. Tilde     Saka Saadu     Bolaji Aladie     Rachael Obisesan     Read With Me     Rotimi Atere     Zulkifli Ibraheem     Kayode Yusuf     Soffiyyallah Kamaldeen     ASMAU PLAZA     CCB     Lateef Ademola Olatunji     Emmanuel Olatunji Adesoye     Curfew     Kemi Adeosun     Atunwa     Salman Suleiman     Pakata Development Association     Kwara State Internal Revenue Service     Jaigbade Alao     NaAllah     Baba Isale     Akorede     Yusuf Ibitokun Sherifat     Raimi Iyanda     AbdulRasaq Abdulmajeed Alaro     Rashidi Yekini     Vasolar-Kwara Company Ltd     Modibo Kawu     Abubakar Olusola Saraki     Muslim Media Watch Group Of Nigeria     Shuaibu Yaman     IDPU     Issa Baba     Junior Secondary School Certificate Examinations     Omoniyi Ayinla     Yakubu Danladi     Omotoso Musa     Abdulrazaq Akorede     Pilgrims Board     Saheed Popoola     Special Agro-industrial Processing Zone     NIRSAL     Oja-Oba     Monsurat Omotosho     David Oyedepo     March 28     KWAFFA     Mazars Consulting     Ebola     Abdullateef Abdussalam     Abatemi-Usman     Mujtabah Bature     Oba Of Jebba     Offa Descendants Union     Moses Rahman Popoola     Idowu Laro     Halimah Perogi     Saraki     Alfa Belgore