One of the co-founders of Bukka Hut, a Lagos-based fast growing restaurant, Laolu Martins, is dead
Martins, who was a banker with over 21 years experience in investment banking, corporate banking, stockbroking, asset and pension fund management, died on Tuesday night according to report.
The family of the deceased confirmed his death on Wednesday though the cause of his death was not disclosed but report has it that the chartered accountant took his own life.
“We hereby solicit the support and understanding of everyone as the family grieves the loss of our beloved Laolu in our privacy.
“Our kind request is that you support the family – wife, children, aged mother and father and his siblings with your prayers at this difficult time.
“Further announcements will be made by the family,” the statement said.
In his condolence statement, Mr. Rasheed Jaiyeoba, the Managing Director and Chief Executive Officer of Bukka Hut said Martins was a key contributor and strong pillar of the business.
“With a heavy heart we regret to announce the demise of one of our directors and co-owners- Mr. Olaolu Martins who was until his death, a key contributor and strong pillar to our business from inception to date,” he wrote
“Our thoughts and prayers are with his family and loved ones. May his dear soul rest in perfect peace.”
The late Martins started his career with PricewaterhouseCoopers in 1999
He joined Investment Banking & Trust Company Plc now Stanbic IBTC Bank Plc where he served in the Financial Control and Trade Finance/Foreign Operations units of the Bank before being seconded to Stanbic IBTC Asset Management Ltd where at various times he was Financial Controller, Head Asset Management and lastly Head Stockbroking.
In 2005, he resigned and joined Shell Nig. CPFA Ltd, the Fund Manager of the Shell Companies in Nigeria Pensions Scheme where he was Head, Investments up till 2008 when he resigned to join Nigeria International Security Limited, NISL, an independent financial services firm specialising in investments within the Nigerian space.