Wale Edun aka Olawale Edun is a Nigerian banker, economist, and government official who has served as the Special Adviser on Monetary Policies to President Bola Tinubu since June 2023. He is also the former Commissioner for Finance in Lagos State and the former Chair of Chapel Hill Denham Group, a leading investment bank in Nigeria. Here are some facts about him.
Biography, Birthday & Education
Wale Edun was born Olawale Edun on 25 June 1962 in Lagos, Nigeria. He attended a local high school in Lagos before proceeding to the University of London, where he obtained a Bachelor’s Degree in Economics. He later earned a Master’s Degree in Economics from the University of Sussex, England.
Wale Edun WIKI/BIO
| Full Name | Olawale Edun |
| Date of Birth | June 25, 1962 |
| Age | 61 years (As of 2023) |
| Birth Place | Lagos, Nigeria |
| Profession | Government Officials, Banker |
| Nationality | Nigerian |
| Religion | Muslim |
| Ethnicity | African Black |
| Current Location | Nigeria |
| Education | Graduate |
| School | Local High School |
| Alma Mater | The University of London The University of Sussex |
| Highest Qualification | Graduate |
| Height | 5 feet 11 inches (approx) |
| Weight | 79 kg (approx) |
| Hair Color | Black |
| Eye Color | Black |
| Marital Status | Married |
| Wife | Amy Adwoa Edun |
| Father / Mother | Will Update |
| Children | 3 Children |
| @officialwaleedun | |
| #WaleEdun | |
| Homepage | Dreshare.com |
Career
Wale Edun started his career as an economist at the International Monetary Fund (IMF) in Washington DC, where he worked on various African countries and macroeconomic issues. He then joined Citibank Nigeria as a senior manager in charge of corporate finance and treasury operations. He later moved to First Securities Discount House (FSDH), a merchant bank in Nigeria, where he rose to become the Managing Director and Chief Executive Officer.
In 1999, he was appointed as the Commissioner for Finance in Lagos State by then-Governor Bola Tinubu. He served in this capacity for two consecutive terms until 2007. During his tenure, he implemented several reforms and initiatives that improved the fiscal management and revenue generation of the state. He also oversaw the issuance of the first sub-national bond in Nigeria and Africa by Lagos State in 2001.
In 2007, he founded Chapel Hill Denham Group, an investment banking and asset management firm that provides financial advisory, capital raising, securities trading, and investment management services to clients across Africa. He served as the Chair of the group until 2023 when he resigned to join the federal government.
Latest News
In June 2023, he was appointed as the Special Adviser on Monetary Policies to President Bola Tinubu. In this role, he advises the president on matters relating to monetary policy, exchange rate management, inflation control, and financial stability. He is also expected to work closely with the new Central Bank Governor to implement reforms that will enhance the efficiency and transparency of the monetary system.
Wale Edun’s Wife, Wedding & Kids
According to some media reports, Wale Edun is married to Amy Adwoa Edun, a Ghanaian-born British actress, and singer who is popularly known for her role as Guinevere “Gwen” Pendragon in the BBC fantasy series Merlin. They have three children together.
Wale Edun is a devout Muslim who follows the teachings of Islam. He is also an avid reader and a lover of music. He enjoys playing golf and tennis in his spare time.
Wale Edun has not disclosed much information about his parents or siblings. However, he is said to come from a prominent family in Lagos State.
Net Worth
Wale Edun has not revealed his exact net worth or salary to the public. However, he is estimated to be worth millions of dollars based on his successful career as a banker, economist, and government official. He also owns several properties and assets in Nigeria and abroad. According
Social Media Presence
Wale Edun is active on social media platforms such as Instagram and Facebook. He uses these platforms to share his views on economic and political issues, as well as his personal and professional life. He has over 10k followers on Instagram (@officialwaleedun) and over 5k followers on Facebook (#WaleEdun).
Some Facts About Wale Edun
- Wale Edun is a prominent Nigerian banker and economist who has served as a senior adviser on monetary policy to President Bola Tinubu since June 2023.
- He is also the former chair of Chapel Hill Denham Group, a leading investment bank in Nigeria.
- Edun has a background in economics, public finance, international finance, merchant banking, and corporate finance at both national and international levels.
- Edun was born in 1960 in Lagos State. He attended Christ School Ado Ekiti for his primary education and Igbobi College for his secondary education.
- He obtained his first degree and master’s degree in economics from the University of Lagos in 1978 and 1981 respectively.
- Wale started his career as a senior sub-editor at the Lagos State Broadcasting Corporation in 1980 before joining Concord Newspapers in 1985.
- Edun served as the Honourable Commissioner for Finance in Lagos State from 1999 to 2007, during the tenure of Bola Tinubu as governor.
- He was instrumental in implementing fiscal reforms and improving revenue generation in the state.
- Wale also played a key role in establishing the Lagos State Bond Programme, the first sub-national bond program in Nigeria.
- Wale is widely regarded as a market-friendly figure who advocates for a unified exchange rate policy and a liberalized energy sector.
- Wale is expected to help steer the economic reforms initiated by President Tinubu, who has already scrapped the fuel subsidy and suspended the controversial central bank governor.
- Wale said he expected to see Nigeria’s tangle of exchange rates unified “within a quarter” after his appointment.
- Edun is also involved in philanthropic activities.
- Edun is the founder and chairman of the Isaac Durojaiye (Otunba Gadaffi) Foundation, a non-governmental organization that provides sanitation services to low-income communities.
- Edun is also a trustee of the Fate Foundation, a non-profit organization that supports entrepreneurship development in Nigeria.
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