From Wikipedia, the free encyclopedia Jump to navigationJump to searchho is Adebayo Ogunlesi “Bayo” born December 20, 1953 inSagama, Ogun state of Nigerian . He is a lawyer and investment banker. He attended the prestigeous Kings College Lagos and his University education was in Lincoln College, Oxford, Harvard Law School and Harvard Business School. He is married to Dr Amelia Quist Ogunlesi and they have two children,[1][2]
Ogunlesi is currently Chairman and Managing Partner at the private equity firm Global Infrastructure Partners (GIP). Ogunlesi was the former head of Global Investment Banking at Credit Suisse First Boston[3] before being promoted to Chief Client Officer and Executive Vice Chairman.[4]
Early life and education
Ogunlesi is from Makun, Sagamu, Ogun State in Nigeria. He is the son of Theophilus O. Ogunlesi,[5] the first Nigerian professor of medicine at University of Ibadan.[6] His family is of Yoruba origin.
Ogunlesi went to King’s College, Lagos, a secondary school in Lagos, Nigeria. He received a B.A. with first class honors in Philosophy, Politics and Economics from Oxford University in England. In 1979, he received a J.D. magna cum laude from Harvard Law School and an M.B.A. from the Harvard Business School, which he pursued at the same time.[1][7] During his time at Harvard, he was on the Harvard Law Review.[6]
Career
From 1980 to 1981, Ogunlesi served as a law clerk to Associate Justice Thurgood Marshall of the United States Supreme Court. Ogunlesi was an attorney in the corporate practice group of the New York City law firm of Cravath, Swaine & Moore, where he had been a summer associate while studying for his M.B.A.[1]
In 1983, Ogunlesi joined the investment bank First Boston as an advisor on a Nigerian gas project.[2] At First Boston, he worked in the Project Finance Group, advising clients on transactions and financings and has worked on transactions in North and South America, the Caribbean, Europe, the Middle East, Africa and Asia. From 1997 to 2002, he was the Head of the Global Energy Group of the by then renamed Credit Suisse First Boston (CSFB). In 2002, Ogunlesi was appointed Global Head of CSFB’s Investment Banking Division.[2] Also in 2002, he served as a member of Credit Suisse’s Executive Board and Management Committee.[8] From 2004 to 2006, Ogunlesi was Executive Vice Chairman and Chief Client Officer of CSFB.[9]
In July 2006, Ogunlesi started the private equity firm, Global Infrastructure Partners (GIP), a joint venture whose initial investors included Credit Suisse and General Electric. He currently serves as Chairman and Managing Partner.[10]
In 2006, GIP bought London City Airport.[11] In 2009, GIP acquired the majority in London Gatwick Airport in a deal worth £1.455 billion.[12] The Nigerian press has given him the nickname, “The Man Who Bought Gatwick Airport.”[6] GIP also owns Edinburgh Airport, which they bought in 2012,[13] and Nuovo Trasporto Viaggiatori, which they bought in February 2018.[14]
Other works
Ogunlesi is a member of the District of Columbia Bar Association. While working at Credit Suisse First Boston, he was a lecturer at Harvard Law School and the Yale School of Management,[1] where he taught a course on transnational investment projects in emerging countries.[15]
In October 2012, Ogunlesi was appointed to the Board of Directors at Goldman Sachs.[11] On July 24, 2014, he was named Lead Director.[8][16]
In December 2016, it was announced that Ogunlesi, among other business leaders, would be part of Donald Trump’s Strategic and Policy Forum,[10] which was disbanded on Aug 16, 2017.
Personal life
Ogunlesi has been married to British-born optometrist, Dr. Amelia Quist-Ogunlesi since 1985.[17] They have two children.[18] On the song Wonderful, Burna Boy pays tribute to Adebayo citing his hardwork.[19]
Awards and honors
Recipient of The International Center in New York’s Award of Excellence.[20] Ogunlesi was cited as one of the Top 100 most influential Africans by New African magazine in 2019.[21]
Memberships
- Harvard Business School: Member, Board of Dean’s Advisors
- Harvard Law School: Member, Leadership Council of New York
- Harvard University: Member, Global Advisory Council
- NAACP Legal Defense and Educational Fund: Member, National Board of Directors
- NewYork–Presbyterian Hospital: Member, Board of Trustees
- Partnership for New York City Fund: Member, Board of Directors
- King’s College Old Boys Association: Member
Works and publications
- Ogunlesi, Adebayo (1979). The Basic Human Needs Approach to Development. Cambridge, MA: Harvard Law School. OCLC 81062298. Submitted to: Professor C. Clyde Ferguson, Jr. [for the] Seminar: Legal Problems of the New International Economics Order (Harvard third year paper)
Adebayo Ogunlesi Net Worth
The estimated Net Worth of Adebayo O. Ogunlesi is at least $21 Million dollars as of 7 May 2020. Mr. Ogunlesi owns over 5,889 units of Goldman Sachs stock worth over $20,424,499 and over the last 11 years he sold GS stock worth over $0. In addition, he makes $600,257 as Lead Independent Director at Goldman Sachs.
Mr. Ogunlesi GS stock SEC Form 4 insiders trading
Adebayo has made over 10 trades of the Goldman Sachs stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 5,889 units of GS stock worth $1,803,918 on 7 May 2020.
The largest trade he’s ever made was exercising 13,012 units of Goldman Sachs stock on 13 May 2016 worth over $3,985,836. On average, Adebayo trades about 2,255 units every 78 days since 2010. As of 7 May 2020 he still owns at least 66,677 units of Goldman Sachs stock.
