Ibukun Awosika Biography, Age, Early Life, Family, Education, Career And Net Worth

Ibukun Awosika

Ibukun Awosika is a Nigerian businesswoman,  author, motivational speaker and the current serving Chairman of First Bank of Nigeria. She became the first woman to be appointed in the position on September 7, 2015, following the resignation of Prince Ajibola Afonja. She is also the founder and Chief Executive Officer of The Chair Centre Group.
We'd be seeing Ibukun Awosika's biography, date of birth, age, early life, family, parents, spouse, children, education, career, net worth, houses, cars, social media handles and everything else you'd love to know about her.
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Ibukun Awosika Profile

Before we continue, here's a quick rundown on Ibukun Awosika's profile and a few things you'd love to know about her:
Full names
: Ibukunoluwa Abiodun Awosika (born Bilkisu Abiodun Motunrayo Omobolanle Adekola)
Date of birth: 24th December 1962
Age: 58 years (2020)
Nationality: Nigerian
State of origin: Oyo State
Parents: Mr Abdulmashood Adekola and Hannah Aduke Adekola
Spouse: Abiodun Awosika
Children: Oludola, Olafusika and Olamiposi
Education: University of Ife
Occupation: Business magnate, author
Net worth: $18.6 million (2012)

Ibukun Awosika Biography, Date Of Birth, Early Life, Family And Education

Ibukun Awosika was born on the 24th of December, 1962 into the family of Abdulmashood Adekola and Hannah Aduke Adekola of Ibadan, Oyo State, Nigeria. She is the third child in a family of seven children.

She had her primary education at St. Paul African Church Primary School. After obtaining her First School Leaving Certificate, she enrolled at the Methodist Girl’s High School, Yaba, Lagos State for her secondary education.

Ibukun further gained admission to study Chemistry at the prestigious University of Ife (now Obafemi Awolowo University). She is also an alumna of the Chief Executive Programme of Lagos Business School; the Global Executive MBA of IESE Business School, Barcelona-Spain; and Global CEO Programme of Wharton, IESE and C.E.I.B.S Business Schools.


Growing up, Ibukun Awosika wanted to take different career paths, from architecture to law and even accountancy. This led her to start attending accounting classes while in the higher institution, even after gaining admission to study Chemistry.

Ibukun started working as an audit trainee at Akintola Williams & Co. while on her compulsory one-year National Youth Service Corps Service (NYSC). Her love for architecture made her leave Akintola Williams & Co. for Alibert Nigeria Ltd., where she started working as a showroom manager.

After working at Alibert Nigeria Ltd. for a while and gaining some experiences, she moved to create her own furniture manufacturing company called Quebees Limited. Quebees Limited has over the years, evolved into The Chair Centre Limited and SOKOA Chair Centre Limited. SOKOA Chair Centre Limited is a merger between SOKOA S.A of France, Guaranty Trust Bank, The Chair Limited and other stakeholders in the furniture industry. 

She is the founder/CEO of The Chair Centre Group. The companies within the group include; Furniture Manufacturers Mart, The Chair Centre Limited, Cubes and Boxes Limited, TCC Security Systems and Sokoa Chair Centre Limited. These companies are involved in manufacturing, retail and bank-way security systems services. She also sits on the board of Digital Jewel Limited and Cadbury Nig Plc.

Following the resignation of Prince Ajibola Afonja, Ibukun became the first woman to be appointed Chairman of First Bank of Nigeria Limited, Nigeria’s premier and most valuable banking brand. The appointment was made known to the general public on Monday, September 7, 2015.

Personal Life

Ibukun Awosika is happily married to Abiodun Awosika, the CEO of Excel Exploration & Production Company Limited. The marriage is blessed with three children, namely; Oludola, Olafusika and Olamiposi.
Ibukun is a devoted Christain, who doesn't slack behind in professing her faith.

Awards and Recognitions

Ibukun Awosika is a multiple award-winning entrepreneur, you can explore some of her awards and recognitions below:
• International Women Entrepreneurial Challenge (IWEC) Award
• Entrepreneur of The Year at the 2005 THISDAY Newspaper Annual Merit Award (nominated)
• Female Entrepreneur of the Year at the 2005 Success Digests Magazine's Annual Enterprise Award (nominated)
• Best Female Entrepreneur of The Year at the 2006 Financial Standard and Pan-African Organisation for Women Recognition (nominated)
• FATE Model Entrepreneur Award of The Year at the 2006 FATE Foundation Awards (won)
• Golden Heart Award at the 2007 International Women Society Award (won)
• International Women Entrepreneurial Challenge Award 2008 (won)
• YNaija Person of The Year  (nominated)
• Forbes Woman Africa Chairperson Award at the Africa Forbes Woman Awards 2020 (won)

Ibukun Awosika Net WOrth

Ibukun Awosika is one of the richest and most influential Nigerian female entrepreneurs. She the founder and Chief Executive Officer of The Chair Centre Group, which have sub-companies involved in furniture manufacturing, retail and bank way system services.
She is also the current Chairman, Board of Directors of  Nigeria’s premier and most valuable banking brand, First Bank of Nigeria Limited. According to Forbes Africa, Ibukun has an estimated net worth of $18.6 million in 2012.

Social Media Handles

You can connect with Ibukun Awosika on:
Twitter @IbukunAwosika
Facebook: Ibukun Awosika

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