Tales From The Past - The Nigerian Who Owns About Five Airports In The United Kingdom

Have you ever heard of Adebayo "Bayo" O. Ogunlesi, a Nigerian-born Lawyer and Investment banker, who was born on December 20, 1953 and is currently the Chairman and Managing Partner at the private equity firm, Global Infrastructure Partners (GIP)?

I'm sure you are wondering; "who the heck is he?" 

On this segment of Tales from the past you will learn about a Nigerian who deserves to be celebrated and yes, it is not a take from the past...

There is a spirit called the spirit of excellence which is associated with every Nigeriansirrespective of where we find ourselves in the world. Despite all the challenges we face as a nation, we have remained tenacious, resilient and broken all the norms. 

The name Adebayo Ogunlesi may not ring a bell in Nigeria like that of Dangote, Adenuga etc but in the UK, he is an icon, a trailblazer in the aviation industry. He is seen as someone who broke the jinx and bought the world's second largest airport, the Gatwick Airport and also 4 more airports all in the UK. Ogunlesi is a man who doesn't believe in making noise or a media freak, he is someone who lets his work speak for him.

Adebayo "Bayo" O. Ogunlesi (born December 20, 1953) is a Nigerian-born lawyer and investment banker. Ogunlesi is currently Chairman and Managing Partner at the private equity firm, Global Infrastructure Partners (GIP). Ogunlesi was the former head of Global Investment Banking at Credit Suisse First Boston before being promoted to Chief Client Officer and Executive Vice Chairman.

Ogunlesi is from Makun, Sagamu, Ogun State in Nigeria. He is the son of Theophilus O. Ogunlesi, the first Nigerian professor of medicine at the University of Ibadan. His family is of Yoruba origin.

Ogunlesi went to King's College, Lagos, a secondary school in Lagos, Nigeria. He received a B.A. with first class honors in Philosophy, Politics, and Economics from Oxford University in England. In 1979, he received a J.D. magna cum laude from Harvard Law School and an M.B.A. from the Harvard Business School, which he pursued at the same time. During his time at Harvard, he was on the Harvard Law Review.

From 1980 to 1981, Ogunlesi served as a law clerk to Associate Justice Thurgood Marshall of the United States Supreme Court. Ogunlesi was an attorney in the corporate practice group of the New York City law firm of Cravath, Swaine & Moore, where he had been a summer associate while studying for his M.B.A.

In 1983, Ogunlesi joined the investment bank First Boston as an advisor on a Nigerian gas project.[2] At First Boston, he worked in the Project Finance Group, advising clients on transactions and financings and has worked on transactions in North and South America, the Caribbean, Europe, the Middle East, Africa and Asia. From 1997 to 2002, he was the Head of the Global Energy Group of the by then renamed Credit Suisse First Boston (CSFB). In 2002, Ogunlesi was appointed Global Head of CSFB's Investment Banking Division. Also in 2002, he served as a member of Credit Suisse’s Executive Board and Management Committee. From 2004 to 2006, Ogunlesi was Executive Vice Chairman and Chief Client Officer of CSFB.

In July 2006, Ogunlesi started the private equity firm, Global Infrastructure Partners (GIP), a joint venture whose initial investors included Credit Suisse and General Electric. He currently serves as Chairman and Managing Partner.

In 2006, GIP bought London City Airport. In 2009, GIP acquired the majority in London Gatwick Airport in a deal worth £1.455 billion. The Nigerian press has given him the nickname, "The Man Who Bought Gatwick Airport." GIP also owns Edinburgh Airport, which they bought in 2012. He has a close ties with US president, Donald Trump.

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