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.

Apaokagi     Adebara     Okanlawon Taiwo     Olayinka Olaogun     Ahmad Uthman     Oba Of Jebba     Umar Ahmed Gunu     Belgore     Saka Aleshinloye     Dar-Al-Handasah Consultants Ltd     Ayedun     Abdul-Rasheed Na\'Allah     Gbenga Awoyale     Demola Banu     New Model Police Station     Sheikh Ariyibi     S.O. Opowoye     Idiagbon     Ilorin Talaka Parapo     Muazam Nayaya     Photo News     Bluenile Associates     Federal Allocation     Segun Ogunsola     Baaziki Sulaiman     Fatai Garuba Labaka     Bamidele Adegoke     Illyasu Abdullahi     Aso-ofi     Amosa     Ojo Fadumila     Tafida Of Ilorin     Binta Sulyman     IDPU     Toyin Olayinka Tejidini     Hydroelectric Power Producing Areas Development Commission     Colleges Of Education Academic Staff Union     Wole Oke     Odolaye Aremu     Musa Yeketi     Ayegbeni     Oyin-Zubair     Temi Kolawole     Ibrahim Taiwo Road     Olokoba Abdullahi Ayinla     Akorede     Mamatu Abdullahi     Sambo Murtala     Okin Group     Ibrahim Oloriegbe     Yakubu Shaaba     Okin Biscuit     Abdulrahman Abdulrazaq     Sheu Ndanusa Usman     Siddiq Adebayo Idowu Salawu     Babatunde Ishola Babaita     Kwara State Fire Service     TIC     Umar Saro     Abdulazeez Uthman     Simeon Ajibola     Oye Tinuoye     Lafiagi     Adamu Atta     Kazeem Gbolagade     Lanwa     Salihu Alhaji Musa     Mumeen Lah     Quareeb     Tsaragi/Share     Ilorin Water Reticulation     AbdulGaniyu Kareem     Florence Saraki     Hussein Oloyede     Henry Makinwa     Waheed Ibrahim     Reuben Paraje    

Cloud Tag: What's trending

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

Offa Grammer School     Olaoye B. Felix     Abdulmumini AbdulRazaq     Esinniobiwa Quareeb     Oro Grammar School     Simeon Sayomi     Overland     Abdullahi Imam Abdullahi     Muhammadu Buhari     Abdul-Rasheed Na\'Allah     Sheriff Olanrewaju     SSUCOEN     Third Estate     Salaudeen Oyewale     Olokoba Sulyman     Fulani     Mahmud Ajeigbe     Ayinke Saka     SARS     Saraki     Oke-Ogun     CACOVID Palliatives     ITEM 7     Ilorin Curfew     Segun Adeniyi     AbdulRauf Keji     Nigeria Computer Society     SDP     Olabode George Towoju     RTEAN     Abdulwahab Oba     TIC     Saka Balikis Kehinde     Aso Ofi     Musa Abdullahi     20 Billion Bond     ER-KANG Mining     Wahab Isa     Gobir Organization Foundation     Voices Of Tomorrow     Maja     Oladipo Akanmu Tolani     Amuda Musbau     Durbar     Saad Omo\'ya     Hausa     Abdulahi Abubakar Bata     Patigi Regatta     Bello John Olanrewaju     Garba Dogo     Erubu     Niguel Gallando Marcias     Mohammed Yahaya Barki     GGDSS Pakata     Borgu     Chief Imam Of Ilorin     Abdullahi Saadudeen Alikinla     Saidu Isa     Kwara Teaching Service Commission     Justina Oha     Suleiman Yahya Alapansapa     COEASU     Jimoh Olusola Imam     Yusuf Abubakar     Afeyin-Olukuta     Mukhtar Shagaya     Abdulfatai Baakini     EndSARS     Hijaab     Vasolar Consultoria     Matthew Okedare     Abdulganiyu Salahudeen     Salami Adekunle     Yoonus Kola Olatinwo     Awwal Jawondo     Isiaka Alikinla     Oloriegbe