Sulaiman Adebola Adegunwa

Sulaiman Adebola Adegunwa OFR, is a Nigerian businessman, philanthropist, and former chairman of Sterling Bank Plc. He is the founder and chief executive officer of Essay Holdings Limited; Parent Company of Rite Foods Limited. He is a member of the Board of directors of Thai Farm International Limited, a Nigeria-based company that focus on the production and processing of cassava. He is the founder of Sulaimon College of Education, Ososa, Ogun State, Nigeria.

Career Adegunwa hold doctorate degree honoris causa from the Lagos State University and Olabisi Onabanjo University. On 22 December 2005, he was appointed the executive director of Sterling Bank Plc, a position he held until July 2014. In 2006, he was conferred with a national honor of the Officer of the order of Nigeria(OON) by chief Olusegun Obasanjo the former President of Nigeria. Early life and background

Adegunwa hails from Ijebu Ososa in Ogun State, Nigeria. He began his career as a photographer before transitioning into business and industry.

Business interests

Adegunwa is the founder and Chairman of Rite Foods Limited, a beverage and food company whose brands include Bigi drinks, Fearless Energy Drink, and Rite Sausages. Rite Foods competes with major multinational beverage companies in the Nigerian market.

He owns Adebola House, a prominent commercial property located in Opebi, Ikeja, Lagos State.

Honours and recognition

In 2006, Adegunwa was conferred with the national honour of Officer of the Federal Republic (OFR) by President Olusegun Obasanjo. He holds honorary doctorate degrees from Lagos State University and Olabisi Onabanjo University.

In April 2024, Adegunwa was conferred with the traditional title of Asiwaju of Ijebu by the Awujale of Ijebuland at a ceremony held at the Awujale Pavilion in Ijebu Ode, Ogun State. President Bola Tinubu, represented by Vice President Kashim Shettima, described him as a living legend and one of the greatest sons of Africa.