Wale Edun, a highly experienced financial expert with an extensive background in the banking sector, has been appointed as the Special Adviser on Monetary Policies to President Bola Tinubu. This significant appointment was officially announced by the Director of Information at the State House on Thursday.
Wale Edun boasts a strong foundation in economics, public finance, international finance, merchant banking, and corporate finance, both at national and international levels. A notable highlight of his career was serving as the Honourable Commissioner for Finance in Lagos State for an unprecedented two terms from 1999 to 2007, during Tinubu’s tenure.
Aside from his contributions to the banking sector, Wale Edun is also recognized for his involvement in various philanthropic endeavors. He is the founder of Denham Management Limited and serves as the Chairman of Livewell Initiative, a non-governmental organization (NGO) dedicated to promoting health in society. Additionally, he is a Trustee of Sisters Unite for Children, an NGO focused on assisting underprivileged children.
Furthermore, Wale Edun holds positions on the boards of several companies, showcasing his diverse range of expertise and industry influence.
In terms of education, Edun completed his Bachelor’s Degree in Economics at the University of London and went on to earn a Master’s Degree in Economics from the University of Sussex in England. Although specific details about his early life and education are not publicly available, his exceptional expertise and accomplishments speak volumes.
Throughout his illustrious career, Wale Edun has achieved remarkable success in the financial sector, both within Nigeria and internationally. He has held key positions such as Head of Treasury and Deputy Head of Corporate Finance at Chase Merchant Bank, where he oversaw Treasury and Money Market activities. Additionally, he played a pivotal role in Capital Market and Financial Advisory operations for local subsidiaries and affiliates of multinational corporations.
Edun gained valuable international experience during his tenure at Wall Street firms Lehman Brothers and Chase Manhattan Capital Markets Corporation in New York, USA.
With over twenty-five years of experience in merchant banking, corporate finance, economics, and international finance, Edun’s expertise is widely respected.
In 1986, Wale Edun joined the World Bank/IFC in Washington DC, USA, as part of the prestigious Young Professionals program. During his time at the World Bank, he worked on economic and financial packages for several countries in Latin America and the Caribbean, including the Dominican Republic, Trinidad, as well as Indonesia and India in the Far East.
Since March 2008, Wale Edun has served as the Chairman of Chapel Hill Denham Group. He co-founded and held the position of Executive Director of Stanbic IBTC Plc (formerly Investment Banking & Trust Company Limited) upon his return to Nigeria in 1989. In 1994, he established Denham Management Limited. Alongside these roles, he actively participates as a director in various private businesses.
Moreover, Wale Edun is currently the Chairman of the Board of Trustees for the Ogoni Trust Fund, which is dedicated to the environmental cleanup of Ogoniland in the Niger Delta of Nigeria.
Beyond his professional endeavors, Edun actively supports youth development initiatives. As an International Trustee of the Duke of Edinburgh’s International Award Foundation and Chairman of Lagos Boxing Hall of Fame, he is deeply involved in promoting the growth and well-being of young people. He also engages in philanthropic activities through organizations like Livewell Initiative and Sisters Unite for Children, which are committed to improving the lives of those in need.
In his personal life, Wale Edun maintains close relationships with notable individuals such as former Minister of Finance Kemi Adeosun and Professor Yemi Osinbajo, with whom he served in Lagos State. He is happily married to Amy Adwoa
