Our Founders & Trustees

The Aig-Imoukhuede Foundation was established by Aigboje and Ofovwe Aig-Imoukhuede in 2020, to direct and administer the Aig-Imoukhuede family's growing portfolio of philanthropic activities.

 
 

Aigboje Aig-Imoukhuede Chairman & Co-Founder

Mr. Aigboje Aig-Imoukhuede is an investor, banker and philanthropist with a track record of major accomplishments in the profit and non-profit sectors. As co-founder of the Tengen Family Office, he oversees a multibillion-dollar portfolio of investments encompassing banking, finance, insurance, technology, real estate and energy.

Through the Aig-Imoukhuede Foundation and its subsidiaries, Aigboje and his wife, Ofovwe, manage a significant family commitment focused on building Nigeria’s next generation of government leaders, helping transform public sector effectiveness, and improving access to quality primary health care.

Following a management buy-in transaction, Mr. Aig-Imoukhuede became CEO of Nigeria’s Access Bank in 2002 and led its transformation from a minor player into one of the country’s top five banks.

Since retiring as Access Bank CEO in 2013, he has focused on building the Coronation ecosystem, a unified financial services platform which he established through the Coronation Capital Cornerstone Fund. The ecosystem comprises “long money” financial service businesses operating in Nigeria and Ghana.

He is Chairman of the Board of Trustees of the Financial Market Dealers Association (FMDA) and was founding Chairman of the FMDQ Securities Exchange. He was elected Council President of the Nigerian Stock Exchange in 2013, becoming the first African to chair two national exchange platforms. As President of the Exchange, he championed its demutualisation, which was successfully completed in 2021.

In 2012, Mr Aig-Imoukhuede was appointed Chair of the Presidential Committee on the Verification of Fuel Subsidies. His oversight of the process is widely credited with saving Nigeria billions of dollars in fraudulent fuel subsidy payments.

He holds a law degree from the University of Benin and was called to the Bar in Nigeria. He also holds a Trium MBA awarded jointly by the London School of Economics, New York University and HEC Paris. Aig is the author of the bestseller Leaving the Tarmac: Buying a Bank in Africa.

Ofovwe Aig-Imoukhuede Executive Vice-Chair & Co-Founder

Ofovwe Aig-Imoukhuede is a philanthropist, lawyer, and banker with over twenty-five years’ experience working in the financial and not-for-profit sectors. She co-founded the Aig-Imoukhuede Foundation with her husband, Aigboje, to promote a Nigeria and Africa in which all citizens are empowered to pursue their goals and aspirations, contribute to the economic development of their communities and live healthy and productive lives.

As Vice-Chair of the Aig-Imoukhuede Foundation, Ofovwe focuses on driving change and oversees philanthropic initiatives and partnerships with government and private sector. Her exceptional leadership has helped the Foundation navigate through complexities, achieve greater efficiency and institutionalise the organisation’s vision across the subsidiaries – Africa Initiative for Governance (AIG), founded to inspire the transformation of Africa’s public sector through collaborations with governments, academic institutions, and other partners to improve governance and transform public sector performance and The Aig-Imoukhuede Institute for Public Policy which has been uniquely designed to train individuals for public sector leadership.

Her other philanthropic capacities include her roles as Vice-Chair of the board of The Ovie Brume Foundation, which provides educational programmes and services to underserved school aged children in Nigeria; Advisory board member of the Oxford University Africa Society and Trustee of The Funding Network.

Ofovwe is a Chevening Scholar and holds an LLB from Kings College, London, a Bachelor of Law from the Nigerian Law School, an MBA from the University of Cambridge, and an MSc in Development Management from the London School of Economics.

She is a certified MBTI and FIRO-B practitioner. She holds a certificate in Developmental Coaching from the University of Cambridge and has been actively involved in youth development since 2003.

 

Trustees

The Foundation is governed by a Board of Trustees who ensure that we adopt the highest standards of governance and accountability in our operations.