Wale Bolorunduro
Samuel Wale Bolorunduro | |
|---|---|
| Born | 1966 Ere City, Oriade, Osun State, Nigeria |
| Occupation(s) | Engineer, financial consultant, banker, politician |
| Years active | 1990–present |
| Known for | Commissioner for Finance, Budget and Economic Planning in Osun State (2011–2015); Chairman of Living Trust Mortgage Bank Plc |
Samuel 'Wale Bolorunduro (born 1966) is a Nigerian professional with expertise in engineering, oil and gas, financial consulting, and banking. He held the position of Commissioner for Finance, Budget, and Economic Planning in Osun State from 2011 to 2015. Presently, he serves as the Chairman of the Board at Living Trust Mortgage Bank Plc in Nigeria.
Early life
Bolorunduro was born in 1966 and originates from Ere City within Oriade Local Government Area of Osun State.
Education
He completed his secondary education at Ilesha Grammar School before obtaining a first-class bachelor's degree in metallurgical and materials engineering from Obafemi Awolowo University in 1990. He further advanced his studies by earning a master's degree in business management in 1999 and a doctorate in management in 2002 from the University of British Columbia, Canada. Additionally, he undertook an executive course on project finance at Wharton Business School and acquired a master's degree in corporate governance from Leeds Business School in 2009.
Employment
Bolorunduro started his professional journey as a facilities manager at Mobil Producing Nigeria in 1990. The following year, he joined Arthur Andersen (currently KPMG). Over approximately fifteen years at Zenith Bank, he worked across various sectors including financial services, corporate banking, infrastructure, and power, eventually becoming deputy manager responsible for strategic planning and financial control. In 1997, he served as a senior consultant at Arthur Andersen's Vancouver office and subsequently became Manager of Project Finance within BMO Nesbitt Burns Investment Banking Group. In 2001, he was also engaged as a Teaching and Research Associate at the University of British Columbia.
He rejoined Zenith Bank in 2003 as senior manager of the Energy Division and progressed through several senior roles such as assistant general manager, group head of Telecoms & Technologies Business, and general manager for Infrastructure and Power Sector until 2011.
Achievements and awards
During his undergraduate tenure at Obafemi Awolowo University, Bolorunduro received several honors including the Miccom Award for best graduating student, the Nigerian Society of Engineers Award recognizing top performance within the Faculty of Engineering, and the University's Award for highest Cumulative Grade Point Average in 1990.
He was instrumental in pioneering construction financing within Nigeria's Telecom sector between 2003 and 2006. He also led numerous project finance deals spanning Upstream Oil and Gas, Telecoms, Power, and Infrastructure industries. While serving as finance commissioner in Osun State, Bolorunduro notably doubled the state's internally generated revenue from 300 million to 600 million monthly by harnessing ICT solutions to enhance revenue collection.