Dipo Olowookere
By Dipo Olowookere
One of the founders of Vetiva Capital, a prominent investment company in Nigeria, Mr Olaolu Mudashiru, has died.
Mr Mudashiru, a co-founder of the leading player in the capital market in the country with Mr Chuka Eseka, was said to have died in a freak accident in Lagos.
It was reported that the capital market expert was hit by a hit-and-run driver in Ikoyi, a highbrow area of Lagos State.
According to reports, the deceased was riding a bicycle on Gerrard Road in Ikoyi with two other persons when the driver of the run-away vehicle hit them, leaving them badly injured.
It was gathered that the man on the steering wheel was allegedly drunk, and after the unfortunate incident, he bolted with his car, and he is yet to be apprehended.
Reports said that the investment banker, after he was hit during the Sunday morning ride of his bicycle, was taken to a nearby hospital with the other victims, where he was pronounced dead.
His demise has shocked stakeholders in the Nigerian capital market as he was one of the best brains in the ecosystem.
Mr Mudashiru, fondly called Dr Bob, was trained as a medical doctor. He was born in 1968 to the family of late Air Commodore Gbolahan Mudashiru, a former Lagos State Military Administrator.
The investment banker had extensive experience in stock broking, asset management and other aspects of investment banking activities. He obtained an MSc in International Securities, Investments and Banking from the ICMA Centre of the University of Reading, the UK, and an MBBS degree from the College of Medicine, University of Lagos.
He was a dealing member of the London Stock Exchange, an Associate of the Chartered Institute of Stockbrokers, Nigeria, as well as a member of the Medical and Dental Council of Nigeria.
Until his death yesterday, he was the Deputy Managing Director of Vetiva Capital, which has Vetiva Securities Limited, Vetiva Fund Managers Limited and Vetiva Trustees Limited as its wholly-owned subsidiaries.
