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Vetiva Capital board speaks on death of co-founder Olaolu Mudashiru

The board and management of Vetiva Capital Management Limited has expressed sadness over the death of its deputy managing director/chief operating officer (COO) Olaolu Mudashiru.

The businessman was cycling with two friends on Sunday morning when a car hit them on Gerrard Road in the upscale neighbourhood of Ikoyi, Lagos and drove away.

Chairman of the board of Vetiva Capital Management Limited Prof Fidelis Oditah said, “It is with great sadness that I announce the passing of my friend and colleague. Olaolu, as a co-founder of Vetiva, had served as our Deputy Managing Director and a member of the Board of Directors since inception in 2004.

“With his support and leadership, Vetiva has grown to be a leading investment banking firm in Nigeria. Olaolu was humble, charming, affable, empathetic and a great team player. He meant different things to different people, but all were uniformly positive. He was a valuable member of our board and would be greatly missed.”

Managing director and co-founder of Vetiva Chuka Eseka said, “No words can adequately express our grief at Olaolu’s death. He has left an indelible mark on who we are today as a firm, and we collectively will strive to sustain this legacy of outstanding stewardship.”

The board of directors noted that with guidance from the bereaved family it would make further announcements in the coming days regarding the funeral arrangements.

Mudashiru had experience in securities trading, asset management among others. He held an MSc in international securities, investments and banking from the ICMA Centre of the University of Reading, UK, an M.B.B.S degree from the College of Medicine, University of Lagos, and was an alumnus of the Stanford University Graduate School of Business.

He was a dealing member of the London Stock Exchange and a member of the Chartered Institute of Stockbrokers, Nigeria as well as a member of the Medical and Dental Council of Nigeria. He was also a recipient of the Chevening Scholarship, which is granted to ‘mid-career highflyers’ globally by the British Government and a member of the Institute of Directors.

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