The Edo State Governor, Mr. Godwin Obaseki, has mourned the passing of Olabode Agusto, founder of Nigeria’s first and foremost credit rating company, Agusto & Co., describing him as a quintessential analyst, who led the way in credit risk management in the Country.
Obaseki, in a statement, said Olabode’s knack for excellence stood him out and made him the industry’s gold standard.
The governor said, “I am deeply saddened by the painful news of the passing of a friend and patriot, Olabode Agusto, founder of Nigeria’s first credit rating company, Agusto & Co., a quintessential analyst, who led the way in credit risk management in the country.
“A thorough-bred professional, he recorded impressive growth after setting up Agusto & Co. in 1992, building an impeccable reputation as the foremost credit rating business out of Nigeria, nay Africa. He also served the nation as an Adviser on Budget matters between 2003 and 2007.
“Agusto was hardworking and honest, traits that propelled him to set the pace and lead the industry over these years.
“He groomed many young professionals in the field, paving the way for their growth and development.
“His knack for excellence stood him out and made him the industry’s gold standard.
“I mourn the passing of the analysts’ analyst, a standard bearer and indeed, a remarkable gentleman.”
Obaseki added, “He will be fondly remembered for his wit, intelligence, attention to detail, and a rare knack for excellence.
“I commiserate with the Agusto family, management and staff of Agusto & Co., associates, friends, and well-wishers and pray that God will grant all the fortitude to bear the irreparable loss.”
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