Aigboje Aig-Imoukhuede at 60: From Building a Bank to Building an African Institution
Eromosele Abiodun posits that for Aigboje Aig-Imoukhuede, the bigger ambition was never simply to build successful businesses. It was to create institutions that could endure beyond their founders and help
Aigboje Aig-Imoukhuede, at 60, reflects on his journey from building a bank to constructing an African financial institution. His ambition was not just to build successful businesses, but to create institutions that could endure beyond their founders and contribute to Africa's prosperity. Access Bank's acquisition in 2002 marked a significant turning point in his career.
After leaving Guaranty Trust Bank, he and Herbert Wigwe took control of Access Bank, then a small player in Nigeria's banking industry. The experience taught him that building a business and building an institution are distinct. While entrepreneurs create companies around ideas or market opportunities, institutions must endure without their founders.
This insight guided Aig's subsequent career moves. After leaving Access Bank in 2013, he ventured into building an integrated African financial-services platform through Coronation Capital, established in 2015. Today, Coronation describes itself as an integrated platform offering solutions across banking, fund management, insurance, trade enablement, fiduciary services, data, and technology.
Aig views Coronation as a leading African financial-services provider, aiming to democratise wealth by expanding access to capital, investment opportunities, financial expertise, and technology. His philosophy extends beyond traditional accumulation of financial assets, focusing on building institutions that make opportunity more accessible.
Written by urgent.news from This Day's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
