Mr. Babajide Olusola Sanwo-Olu

Until his emergence as the All Progressive Congress (APC) Lagos State gubernatorial candidate for the 2019 elections, Mr. Babajide Olusola Sanwo-Olu was the Managing Director/CEO of Lagos State Development Property Corporation (LSDPC). He was also a 3-time Commissioner in Lagos State, having served in the Ministries of Economic Planning & Budget, Commerce & Industry and the Ministry of Establishments, Training & Pensions.


Mr. Babajide Olusola Sanwo-Olu is an alumnus of the prestigious Harvard Kennedy School of Government, London Business School and the Lagos Business School. He also earned a Bachelor’s degree in Surveying & Geo-Informatics and a Master of Business Administration (MBA) from the University of Lagos. His early education was at Government Demonstration School, Gbaja, Surulere and Ijebu-Ife Grammar School, Ogun State.


He is an associate member of the Chartered Institute of Personnel Management (CIPM). He also boasts membership of The Institute of Directors (IOD), Chartered Institute of Personnel Management (CIPM), and Fellowship of Nigeria Institute of Training and Development (NITAD).


His public service career began in 2003, when he was appointed Special Adviser on Corporate Matters to the then Deputy Governor of Lagos State, Mr. Femi Pedro, and later Special Adviser on Corporate Matters to the Executive Governor, His Excellency, Asiwaju Bola Ahmed Tinubu.

For his outstanding performance, Mr. Babajide Olusola Sanwo-Olu was appointed acting Commissioner for Economic Planning and Budget. In 2007, he became the Commissioner for Commerce and Industry under Governor, Asiwaju Bola Ahmed Tinubu. After the General Elections in 2007, Mr. Babajide Olusola Sanwo-Olu was appointed Commissioner for Establishments, Training and Pensions by Governor Babatunde Raji Fashola.

His meritorious service to Lagos State continued when Governor Akinwumi Ambode appointed him as the Managing Director/CEO of the Lagos State Development Property Corporation (LSDPC) in 2016.


On 16th September 2018, Mr. Babajide Olusola Sanwo-Olu formally declared to run for the office of the Governor of Lagos State on the platform of the All Progressive Congress (APC). His declaration attracted endorsements from major stakeholders in Lagos State politics, including the Governor’s Advisory Council (GAC), Lagos State Council Chairmen and members of the Lagos State House of Assembly. On October 2nd, 2018, he won the Party primary and became the APC candidate for Lagos State Gubernatorial elections in 2019.


Mr. Babajide Olusola Sanwo-Olu was born into the illustrious Sanwo-Olu family of Lagos Island on June 25, 1965, and he has grown to become a symbol of integrity; hard work, diligence, selflessness and empathy that are second nature to his worthy family. He is happily married to Dr. Ibijoke Sanwo-Olu, a Medical Doctor of 27 years professional practice, and their marriage is blessed with lovely children.

A product of the marriage between Pa. Simon Sanwo-Olu of 65, Omididun Street and Madam Omotunde Ajoke Cole of Idoluwo Street, both in Lagos, Babajide had the privilege of proper and quality upbringing, which has continued to guide his path through life. Mr. Babajide Olusola Sanwo-Olu is a devout Christian and a firm believer in humanity.


Prior to his banking career, Mr. Babajide Olusola Sanwo-Olu had worked (Post – NYSC) as a Seismic Surveyor with United Geophysical Nigeria Ltd (a seismic data acquisition company) in a role which took him round the whole Niger Delta and Lake Chad region, prospecting crude oil for Shell Petroleum Development Company (SPDC)and NNPC between 1989 and 1991.

Like every entrepreneurial mind and adventurous youth, he tried his young hands on a start-up business by starting a company called “Dial a Plumber” with his funds between 1992 and 1993. The experience garnered from the venture made him realise that Small and Medium-sized Enterprises (SMEs) require a considerable amount of government to support to thrive.

From 1994 to 1997, Mr. Babajide Olusola Sanwo-Olu was a Treasurer at the former Lead Merchant Bank. He later joined United Bank for Africa (UBA) as the Head of Foreign Money Market, and subsequently moved to First Inland Bank Plc (now First City Monument Bank, where he retired as Deputy General Manager and Divisional Head.


His valuable experience garnered from executive-level roles in both the private and public sectors has only distinguished him, but also made him a valuable resource to some notable organisations on whose boards he served.

Mr. Babajide Sanwo-Olu’s board roles include being the chairman of Baywatch Group Limited and First Class Group Limited. He is a board member of the Department for International Development (DFID/DEEPEN) Fund and Caverton Offshore Services Group, where he served on the Audit Committee.

His remarkable aptitude in policy formulation, implementation & monitoring, innovation architecture & solution design, has also earned him a sit at important decision making tables in Lagos State. Some of these include being the Chairman of the State Consultancy Board, membership of the state Tenders Board and serving on New Projects Initiation and Promotion Committee.


Mr. Sanwo-Olu, in addition to his love for public speaking, is a member of numerous prestigious clubs, which include Ikoyi Club 1938, the Island Club and Yoruba Tennis Club.


It is unexpected that Mr. Sanwo-Olu’s enterprising career in the private sector, his defining roles in public service, and selfless contributions to the society would not have attracted international recognitions and accolades at home. But as a man attired in modesty, these awards and laurels are encouragements that keep him on the path of service to God and humanity.

Some these laurels include the ‘LSDPC Impactful Leadership and Recognition Award’, ‘Young Christian Fellowship Appreciation Award’, ‘National Association of Nigerian Nurses and Midwives Gold Mentor Appreciation Award’, ‘University of Lagos International School Parents-Teachers Association Recognition & Appreciation Award’, Nigerian Union of Teachers Excellence Award for Contribution to Upliftment of Education’ and University of Lagos Alumni Association Merit Award for Outstanding Commitment and Contributions to National Development.

Some landmark deals executed during his banking career:

Beyond the interesting highlights of his banking career, he also supervised notable Bureau of Public Enterprises (BPE)-led privatization projects, which include the concession of:

  • Aluminum Smelter Company (ALSCON)
  • Lagos International Trade Fair Complex
  • The Federal Government Debt Conversion Programme
  • National Arts Theatre
  • Acquisition of Ikoyi Hotels Limited
Some of his notable public sector achievements include:

Beyond the interesting highlights of his banking career, he also supervised notable Bureau of Public Enterprises (BPE)-led privatization projects, which include the concession of:

  • Setting-up and serving as the pioneer Chairman of Lagos State Security Trust Fund (LSSTF) Board.
  • Setting-up of Lagos State Pension Commission (LASPEC)
  • Involved in the creation of Lekki Free Trade Zone
  • Improvement of public transportation system by setting-up the LAGBUS to complement the Bus Rapid Transit system also known as BRT.
  • On security, Sanwo-Olu also worked on the Control & Command Centre in Alausa, which significantly improved the capacity of the security agencies to respond to distress calls in a swift and timely manner.
  • Restructuring of Lagos State Development Property Corporation (LSDPC) into a more efficient and profitable institution after 90years of operations.
  • Preparation and publication of the Lagos State Economic Empowerment and Development Strategy (LASEEDS)
  • Tracking and intelligent analysis of Internally Generated Revenues (IGR) by the various government agencies and parastatals for executive consideration and policymaking