Olabode Agusto, the esteemed founder of Agusto & Co. Limited, has passed away at 68, although the cause of his death has not been disclosed. Agusto was influential in Nigeria's economic landscape, having worked in the private and public sectors for over three decades.
According to TheCable, Agusto was instrumental in pioneering credit rating services in Nigeria and established Agusto & Co. in 1992. The company became the first officially licensed credit rating agency in Nigeria, thanks to Agusto's visionary leadership as managing director for 11 years. His contributions significantly shaped Nigeria's financial industry and beyond.
His roles marked Agusto's career as an assistant vice-president in Citibank Nigeria, a PricewaterhouseCoopers (PwC) partner, and an adviser on budget matters to former President Olusegun Obasanjo. He also served as a non-executive director at esteemed institutions such as Guaranty Trust Bank Plc and the National Pension Commission (PenCom).
The passing of Olabode Agusto is a great loss for Nigeria and the global financial community. His contributions paved the way for enhanced credibility and confidence in Nigeria's financial markets, promoting economic growth and development.
