Mobolaji Bank Anthony

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Nigerian
Other namesMobolaji Bank-Anthony
OccupationBusinessman
Years active1929-1991
Known forEntrepreneurship and philanthropy
Spouse(s)Lamide, Lady Bank Anthony
ChildrenOmoseri Bank Anthony, Ajibike Bank Anthony, Dame Oremi Evans, Bolaji Bank Anthony
ParentAlfred Bank Anthony
Statue of Sir Mobolaji Bank Anthony

Lagos Stock Exchange and was a minority investor in Aero-Contractors before indigenous shares were acquired by the Ibru Organization.[3] At one time, he held the distributional rights to cars manufactured by Rootes Group.[4] He was a board member of various companies and was a fellow of the Nigerian Institute of Management
.

Life

Bank Anthony was born to the family of Alfred Bank Anthony of

UAC and the United Trading Company.[citation needed] In the early 1930s, he was briefly involved with the Lagos Youth Movement. Bank Anthony's business began to pick up at the onset of World War II when prices rose in the country benefiting traders like Bank Anthony who had large reserves of goods before the inflationary pressures.[6]

In the 1950s he brought in a few European firms to Nigeria and was one of the earliest Nigerians to become chairman of a European company when in 1950, after introducing an Italian firm to the Nigerian market, he became chairman of the Italian Construction firm Borini Prono and Company. The firm was later involved in the construction of the Ijora

Asaba road and the Sapele-Onithsa road.[citation needed] He was also the agent of Law Union and rock Insurance Agency in 1950 which was later managed by T.A. Braithwaite in 1951. He was also a director of the Nigerian arm of Mobil Oil Company and was also a director of the Nigerian branch of Friesland Foods.[7]

Bank Anthony acquired shares in a few companies during his business career including Weide Nigeria Limited that dealt with completely knocked down electrical parts, an Italian partnership called Motor Parts Industries, a plywood business venture in Cross River State and the Nigerian arm of

May and Baker,[3]
Pressed Metal Works.

Philanthropy

Bank Anthony donated a ward to the

National Orthopaedic Hospital, Igbobi, Lagos and also built Ayinke House, which houses the Ikeja General Hospital.[8]

Personal life

Bank Anthony was married to Olamide Adeshigin, later known as Lady Bank Anthony. He belonged to a few social and business clubs in Lagos, including the Lagos Race Club, Metropolitan Club,

Civil War.[citation needed
]

References

  1. ^ Fortune (1967). Businessmen around the globe. Stackpole books (University of Michigan). p. 193.
  2. ISBN 978-9-780-5547-12
    .
  3. ^ a b c d "50 Successful Years in Business", Spear, March 1986
  4. ^ Francis Kennedy. (1991). Obituary: Sir Mobolaji Bank-Anthony. The Independent (London), June 1, 1991
  5. ^ "Throwback: How Sir Mobolaji Bank Anthony Became One Of The Richest Men In Africa During His Life Time". Espact. 2018-10-18. Retrieved 2021-06-02.
  6. ^ "Mobolaji Bank Anthony biography, net worth, age, family, contact & picture". www.manpower.com.ng. Retrieved 2021-06-02.
  7. ^ AutoJosh. "31 Roads In Lagos And The Famous Nigerians They Were Named After". Retrieved 2021-06-02.
  8. ^ Tunde (2019-04-25). "Ayinke House and Sir Mobolaji Bank-Anthony". New Dawn Nigeria. Retrieved 2021-06-02.
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