What Tokunbo Abiru Plans to do As
Lagos East APC Senator.
It is no longer news that
seasoned banker, Tokunbo Abiru is the APC Candidate for the Lagos East
senatorial race. He recently emerged the choice of the party. And from all
indications, he is a strong candidate for the election which comes up in October 2020.
Citypeople gathered that this
great banker who has paid his dues in banking has the requisite experience for
the job.
He has not only been a banker all
his life, he has held public office as a Commissioner and he has been involved
in politics for the past few years
Let's tell you more.
Tokunbo Abiru is an accomplished economist,
chartered accountant and foremost banker, he risen to the top of
his career as a finance professional and banker and now seeks the mandate of
the good people of Lagos East Senatorial District to serve as a Senator of the
Federal Republic of Nigeria under the platform of the All Progressives Congress
(APC).
He has previously served with
distinction in the government of Lagos State as the Honourable Commissioner for
Finance between 2011 and 2013 before returning to First Bank of Nigeria plc
as Executive Director. He was appointed
by the CBN as GMD of Skye Bank and led the spectacular rescue of Skye Bank and
its transformation to the new Polaris Bank.
Tokunbo Abiru was born on March
25 1964. An indigene of Ikorodu, he attended Government College Lagos, Baptist
Academy Lagos for advanced level studies and Lagos State University graduating
in economics in 1988. He holds a B. Sc Economics and is a fellow of the
Institute of Chartered Accountants of Nigeria (ICAN) and Honourary Fellow of
the Chartered Institute of Bankers of Nigeria (CIBN). He is an alumnus of
Harvard Business School and Lagos Business School executive education
programmes and is happily married to Mrs Feyisola Abiru, CEO of H & Y Ltd,
an industrialist with a thriving furniture industry in Ikorodu.
His working career took him
through several institutions including Deloitte (formerly Akintola Williams and
Co), Guaranty Trust Bank Plc, First Atlantic Trust Bank and First Bank of
Nigeria Plc before his appointment as Lagos State Commissioner for Finance in
2011 under the administration of Governor Babatunde Raji Fashola SAN.
As Commissioner for Finance, he
led the state’s floating of an N80billion bond earning it the EMEA Finance Best
Local Currency Bond Award for 2012. His efforts led to a significant increase
in Land Use Charge generated by the state government and the widening of the
tax net in order to improve revenue generation by 2013. He returned to First
Bank of Nigeria Plc in 2013 as Executive Director after a very successful
two-year period in the Lagos State Cabinet.
He was appointed in July 2016 by
the CBN as Group Managing Director to lead the turnaround of Skye Bank in a bid
to preserve the stability of the Nigerian Financial System, a critical
assignment which he successfully accomplished leading to the birth of the new
and transformed Polaris Bank Ltd. He has successfully positioned Polaris Bank
as a leading, profitable, digitally-enabled and systemically important Tier 2
bank in Nigeria.
Adetokunbo Abiru seeks to take
his lifelong and career wide record of excellence into the Senate of the
Federal Republic of Nigeria, the nation’s highest legislative body, deploying
his competences in banking and finance, public financial management, corporate
finance, economy, industry and commerce, accounting and technology to the
development of Lagos State and the
Nigerian federation.
Adetokunbo Mukhail Abiru is an
indigene of Ikorodu and is a quiet but acknowledged philanthropist who has
contributed consistently and immensely to poverty alleviation, empowerment and
community development in different parts of Lagos State.
In his sparkling career across
Deloitte, Guaranty Trust Bank, First Atlantic Trust Bank, First Bank of Nigeria
Plc, Lagos State Government, Skye Bank and Polaris Bank, Abiru has consistently
exhibited resourcefulness, integrity, innovation, accountability and a
commitment to excellence.
Adetokunbo Abiru seeks the
nomination of the All Progressives Congress (APC) to contest for the vacant
seat of Senator representing Lagos East Senatorial District due to the sad and
regrettable demise of Senator Adebayo Osinowo and promises to sustain the
legacy of loyalty to the party and its leadership, contribution to the ideals
of the party and generous devotion to the needs and aspirations of constituents
that the great party is associated with.
If elected to the Nigeria Senate,
Tokunbo Abiru promises to uphold the highest standards of representation,
legislation, oversight, and collaboration with the executives of the party and
his distinguished and Honourable colleagues in the National Assembly towards
furthering the interest of the Lagos East Senatorial District, Lagos State and
the nation in general
The SENATE
The House of the Senate is the
“upper” chamber of the bicameral National Assembly comprised of the Senate and
House of Representatives which together make up the legislative arm of federal government
In the presidential system of
government comprised of checks and balances, the legislature is a critical part
of the tripartite system of executive, legislature and the judiciary. In mature democracies such as the United
States from which our presidential constitution was modelled, the Senate is a distinguished chamber for
relatively mature, accomplished and sober
“statesmen” who have deep patriotism, calm reasoning and a sober disposition.
Adetokunbo Abiru promises to live
up to this high standard of patriotism, knowledge, generosity of spirit,
loyalty and maturity that is expected to characterise a Senator of the Federal
Republic of Nigeria
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