Breaking: Bode Agusto, Founder of Nigeria’s First Credit Rating Firm, is Dead

By Nume Ekeghe

 Mr. Mubasheer  Olabode Agusto, the founder of Agusto & Co., a prominent Pan-African Credit Rating Agency and a leading provider of industry research and knowledge in Nigeria and Sub-Saharan Africa, is dead.

He was aged 68 years.

A statement by the family said Agusto died in the early hours of Thursday in the Algarve, Portugal after a brief battle with pancreatic cancer.

“He was surrounded by his wife, children and grandchildren,” the statement said.

The family said he would be interred in Portugal according to Islamic rites while prayers and a memorial service will hold in Lagos in due course.
 
Details of all funeral rites would be communicated in the coming days, the family said.
 
The late Agusto was the founding Managing Director of Agusto & Co. A Chartered Accountant with over three decades of work experience in both the private and public sector, he was an Assistant Vice President in Citibank Nigeria, a Partner in PwC, and served as Director-General and Adviser (Budget Matters) during President Olusegun Obasanjo  administration.

Agusto also served as a non-Executive Director of the National Pension Commission (PenCom), the Shell Nigeria Pension Fund and a member of the Monetary Policy Committee of the Central Bank of Nigeria.
He was an alumnus of the University of Lagos, where he bagged a degree in Accounting.