Biography of Wale Edun, Career, Family, Net Worth

Olawale Wale Edun is a Nigerian banker and economist and philanthropist.

He was the former Lagos State commissioner for Finance and the director of Chapel Hill Denham Group.

He is currently the minister Minister of Finance and Coordinating Minister of the Economy.

 

Profile Summary

Full Name : Olawale Edun

Born: 25th June,1960

State of origin: Ogun State, Nigeria

Education: University of London

Occupation: Banker, Businessman

Religion: Islam

Marital status: Married

 

Biography

Olawale Edun was born on 24th June,1962 in Lagos.

He had his early education and high school in Lagos before obtaining a Bachelor’s Degree in Economics from the University of London and a Master’s Degree in Economics from the University of Sussex, England.

Family

He is married to Amy Adwoa Edun (née Appiah) a Ghanian woman and they have children together.

Career

Being a graduate of Economics, he started his career in the financial sector both nationally and Internationally . He worked at ChaseMerchant Bank as the Head of Treasury and Deputy Head of Corporate Finance, he later handled the bank’s Treasury and Money Market activities.

He also took active part in the Capital Market and Financial Advisory operations of local subsidiaries and affiliates of major multinational companies.

Wale Edun worked with the World Bank/IFC in Washington DC, US through the elite Young Professionals program in September 1986. While working there, he handled economic and financial packages for several countries in Latin America and the Caribbean, including the Dominican Republic and Trinidad as well as Indonesia and India in the Far East.

In 1989, he returned to Nigeria as Co-Founder and Executive Director of Stanbic IBTC Plc(formerly Investment Banking & Trust Company Limited). In 1994, he founded Denham Management Limited. He also sits on the Board of a number of other companies.

During Bola Ahmed Tinubu tenure as governor of Lagos State in 1999, he was appointed as the commissioner for Finance, Lagos State and he served judiciously in this capacity.

He founded of Chapel Hill Denham Group in 2007 to give professional Advice on finance and monetary policies to it’s clients.

Over the years, he has excelled greatly and gathered several experiences in merchant banking, corporate finance, economics and international finance at national and international levels.

Wale is an International Trustee of the Duke of Edinburgh’s International Award Foundation and Chairman of Lagos Boxing Hall of Fame, a registered non-profit youth development organization meant to discover boxing talents in the younger generation.

Wale Edun has also been involved in several acts of Philanthropy, He is the Chairman of Livewell Initiative, a health sector Non-Governmental Organization (NGO) and a Trustee of Sisters Unite for Children, an NGO focused on helping children in need.

In June 2023, he was appointed as special adviser on monetary policies to president Bola Ahmed Tinubu and in August he was given a ministerial portfolio as Minister of Finance and Coordinating Minister of the Economy.

Net Worth

Wale Edun is a wealthy individual but does not live a flamboyant lifestyle. His estimated net worth is unknown yet.