Shuaibu Audu
Shuaibu Audu | |
|---|---|
| Born | November 6, 1980 Kogi, Nigeria |
| Occupation(s) | Politician, investment banker |
| Years active | 2001–present |
| Known for | Minister of Steel Development (2023–present) |
Prince Shuaibu Abubakar Audu (born 6 November 1980) is a Nigerian politician and investment banker who has held the position of Minister of Steel Development since August 2023. Before his current role, he sought the governorship of Kogi State. Following his nomination and confirmation by the senate, Audu officially took office on 21 August 2023 during President Bola Tinubu's tenure.
Early life and education
Born in Kogi, Prince Shuaibu Abubakar Audu is the son of the late Prince Abubakar Audu. He obtained a Bachelor's degree in Business Economics from the University of Leicester in 2001. He further advanced his studies by earning a Master of Science (M.Sc.) in International Securities, Investment, and Banking (ISIB) from Henley Business School at the University of Reading. In 2013, he completed an MBA at the University of Oxford, where he was affiliated with St. Hugh's College.
Professional career
With over two decades of expertise in Corporate and Investment Banking as well as Wealth Management within the Financial Services Sector, Prince Shuaibu Abubakar Audu started his career at Investment Banking and Trust Company Limited ("IBTC") working in the Global Markets and Treasury Department for two years under the Corporate & Investment Banking Division. He played a foundational role as a pioneer promoter at Stanbic IBTC Pension Managers Limited, contributing to the establishment of Nigeria’s largest Pension Fund Administrator (PFA) and its Investment Management Desk, subsequently rising to Executive Director within its Asset Management arm.
Between 2013 and 2023, Audu was Chief Executive Officer overseeing the Venture Capital operations at Stanbic IBTC Group. His professional background also includes international assignments at the Bank of New York Mellon in Boston and at the Credit Suisse Global Headquarters in Zurich, broadening his proficiency across global financial markets.
Politics (2023)
Leveraging his extensive private sector background, Prince Shuaibu Abubakar Audu ventured into public service by participating in the April 2023 governorship primary election in Kogi State under the All Progressives Congress (APC). He was later appointed as Honourable Minister of Steel Development by President Bola Ahmed Tinubu on August 21, 2023.
Personal life
Audu is married with children and is the son of former Governor Abubakar Audu of Kogi State.