Laolu Martins, co-founder of the restaurant Bukka Hut in Lagos, has passed away.
Martins, a banker with more than 21 years of expertise in asset and pension fund management, corporate banking, stockbroking, and investment banking, passed away on Tuesday night.
In a statement released on Wednesday, the deceased’s relatives acknowledged his passing.
“We hereby solicit the support and understanding of everyone as the family grieves the loss of our beloved Laolu in our privacy.
“Our kind request is that you support the family – wife, children, aged mother and father and his siblings with your prayers at this difficult time.
“Further announcements will be made by the family,” the statement said.
In 1999, Laolu Martins began working at PricewaterhouseCoopers.
He started out at Investment Banking & Trust Company Plc, which is now known as Stanbic IBTC Bank Plc, where he worked in the Trade Finance/Foreign Operations and Financial Control departments. After that, he was seconded to Stanbic IBTC Asset Management Ltd, where he held various positions including Financial Controller, Head Asset Management, and Head Stockbroking.
Later, he left to join Shell Nig. CPFA Ltd, the Fund Manager of the Shell Companies in Nigeria Pensions Scheme, where he served as Head, Investments until 2008, when he left to join Nigeria International Security Limited, NISL, an independent financial services company that specializes in investments in the Nigerian market. He later left again in 2005 to join Shell Nig.