Women

Sun Newspapers honour Evelyn Oputu, managing director of Bank of Industry with the 2012 Sun Banker of the year

|  By Augustine Adah  |  Mar. 11, 2013 @ 01:00 GMT

IT WAS an honour well deserved, when on February 23, in Lagos, Evelyn Oputu, managing director, Bank of Industry, BOI, was awarded the 2012 Sun Banker of the Year. Some of the achievements of Oputu that earned her the award were the introduction of a paradigm shift initiative in 2006. The policy has succeeded in expanding the BOI credit operations from N9.8 billion in 2005 to N238.04 billion in 2012.

The policy has also succeeded in creating about 1.719.708 jobs in 2012 from 150,000 in 2005. The total assets of the bank had also increased from N12 billion in the year 2005 to N222.441 last year. For increased efficiency, the BOI, under Oputu, recruited additional 27 hands to bring the total number of staff strength from 147 to 174.

Oputu, an indigene of Delta State, was born on 13 August, 1949. From a humble beginning, she started her education at St. Theresa’s College, in Ibadan, South-West of Nigeria, from 1960 to 1964; Federal School of Arts and Science, Lagos, from 1965 to 1967; and Temple School Secretariat, Washington DC, between 1968 and 1969.  She earned a B.Sc. Business administration at the University of Lagos, between 1972 and 1975. Oputu was also at the Harvard Business School, Boston, in 1987 where she obtained a Diploma in mass general management.

Between 1997 and 2005, she was made the chairman and CEO of KES products limited, a medium-sized manufacturing company engaged in polyethylene blown films and polypropylene lines of packaging for industrial and domestic uses. She was also a lead consultant of NDALI consultants, a financial concern engaged in raising funds for both debt and equity for private and quoted companies.  Her clients included FAAN, NCAA, NAMA, and Nigerian College of Aviation Technology, Zaria, NCAT, as well as financial consulting for two merchant banks.

In 1991 to 1992, Evelyn Oputu became an executive director, First Bank of Nigeria Plc  where her main assignment spanned all technical aspects of the Bank’s operations. Earlier, between 1982 and 1990, she was also at the International Merchant Bank, where she worked in the Treasury and Financial Division, Corporate Finance Division, Capital Market, as well as in the project and financial advisory service areas. An executive director in 1990 and chairman, committee on the financial management of Aviation Parastatals, between 2000 and 2001, Oputu, had also been a member of board of several buoyant companies which are engaged in a wide range of financial build-up.  They include insurance, mining, oil and gas, medical and manufacturing.

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