Leadership in The Private Sector
Fola is widely recognized as a maverick in the Nigerian private sector. In 1990, he established Guaranty Trust Bank which he managed as Managing Director/CEO from its inception in 1990 to July 2002, during which he firmly established the institution as a strong and credible bank. Guaranty Trust Bank has grown to become one of Nigeria's largest and most profitable companies. The bank has also expanded beyond Nigeria to other neighbouring African countries (The Gambia, Sierra Leone, Ghana and Liberia) and in United Kingdom. The bank became listed on the Nigerian Stock Exchange in 1996.
In 2002, Fola voluntarily retired from Guaranty Trust Bank, after twelve years, successfully handing over to his deputy. Since this time period, Fola has served as the chairman of a range of institutions including UTC, ARM, Lotus Capital, Eterna Oil, CardinalStone Partners Limited, Tafsan Breweries (board member), and Credit Registry Services
Tajudeen Fola Adeola is also the chairman of Main One Cable Company Limited which completed the construction of an open access submarine cable system that spanned 14,000 kilometres and provides international and internet connectivity to countries on the Atlantic Coast from Portugal to Lagos, Nigeria connecting these countries with each other and with the rest of the world which completed in 2010.
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