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BREAKING: Prince Adewale Ajayi emerges new Akarigbo of Remo

BREAKING: Prince Adewale Ajayi emerges new Akarigbo of Remo

Prince Adewale Ajayi has emerged the new candidate for the stool of the Akarigbo of Remoland, Ogun State.

The newly elected Akarigbo is a barrister and solicitor of the Supreme Court of Nigeria, a chartered accountant and a Fellow of the Institute of Chartered Accountants of Nigeria.

He was said to have been elected on Thursday through an open ballot held among the seven kingmakers at the Akarigbo’s palace, Sagamu.

The names of the kingmakers are Chief Rasak Akinyemi Salami (Lisa), Chief Abdul Wasiu Awofala (Losi), Chief Taiwo Sule ( Oluwo Odofin), Chief Lamidi Olaitan Adesanya (Apena), Chief Ogunyemi Tijani Adesina (Ogbeni odi), Chief Kolawole Odumuyiwa ( Balogun)and Olotu Omoba Jas Adekunle ( Olotu Omoba Akarigbo).

The statement released by the management of the Sagamu Local Government on the election reads, “The newly elected Akarigbo is a barrister and solicitor of the Supreme Court of Nigeria, a chartered accountant and a Fellow of the Institute of Chartered Accountants of Nigeria.

“After the election, Chief Abdul Wasiu Awofala (Losi) moved the motion to forward the name of the elected Akarigbo to the government and this was seconded by the Chief Kolawole Odumuyiwa(Balogun).

The Ogun State Commissioner for Local and Chieftaincy Affairs, Chief Jide Ojuko, confirmed the emergence of Ajayi as the newly elected Akarigbo of Remoland.

Ojuko said Ajayi polled five votes, as against two votes by the runner up, Prof. Babatunde Ogunmola in an election conducted by the kingmakers.

He expressed satisfaction with the nomination and election processes, which he said, were peaceful, adding that installation date would be announced very soon.

“It is true that a candidate has been elected as the new Akarigbo of Remoland. He is Prince ‘Tunde Ajayi.

“I am happy the processes have been peaceful, I mean both the nomination and selection. And very soon, the installation date will be announced.”

The new Akarigbo succeeds the late Akarigbo, Oba Michael Sonariwo, who joined his ancestors in July 2016.

Ajayi handled the Liquidation of Nigeria Airways Ltd as the Assistant Liquidator and the privatization of the three Steel Rolling Mills in Nigeria as the liquidator through a guided liquidation option. He was also involved in the privatization of Skypower Aviation Handling Co Limited (SAHCOL). Notable clients include the Federal Government of Nigeria, and Bureau of Public Enterprises.

Mr. Ajayi has a bachelor’s degree in the Social Sciences from the University of Ibadan. He also has a bachelor’s degree in law (LL.B) and a Master’s Degree (LL.M) in law from the University of Lagos, Nigeria. He is a Barrister and Solicitor of the Supreme Court of Nigeria. He is a Chartered Accountant and a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN). He is the chairman of ICAN Faculty on Insolvency and Corporate Re-Engineering and the Vice President of Business Recovery and Insolvency Practitioners of Nigeria (BRIPAN).

He is a distinguished Fellow of INSOL (Insolvency International) and has the honour of being the first qualified Fellow of INSOL INTERNATIONAL from Africa.

Prince Ajayi is a member of the International Insolvency Institute (III), III is an invitation only membership of the most senior, experienced and respected practitioners, academics, judges and financial industry professionals in the
world.

Prince Ajayi is a two time president of the Collectives CIub, Sagamu, the current Chairman Board of trustees of Collectives Club, Sagamu. He is also a member of Ikoyi Club and Lagos Tennis Club. A trustee of United African Methodist Church

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