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Odife, Former Centrepoint Bank Boss For Burial October 30

Former Chairman of Centrepoint  Bank  Plc ,Chief Dennis Odife, who died early this month will be buried on October 30 in his home town.

The remains of the departed former Chairman/ Chief Executive of Centrepoint Bank Plc  Ogbuefi Dennis Onyemaechi Odife, will be committed to mother earth on Friday 30th October 2015 at his family residence in Uruebo, Nkwelle-Ezunaka in Oyi Local Government Area of Anambra State after a funeral mass at St. Williams Catholic Church, Nkwlle-Ezunaka at 10.am.

This is contained in a statement issued yesterday by the Dr. Obinna Nwachukwu, Chairman Burial publicity sub-Committee.  He died in Abuja on Saturday 3rd October at the age of 68 years after a brief illness.

According to the statement, the funeral programme would commence in Abuja this Friday 23rd October with a Requiem Mass at Catholic Church of Assumption, Asokoro Abuja at 6pm to be followed on Sunday 25th October by a Night of Tributes at MM Event Centre (Gate 2) beside Nicon Luxury Hotel Garki Abuja.

The body will thereafter leave Abuja for the Akanu Ibiam International Airport Enugu on Tuesday 27th October after a departure mass at Catholic Church of the Assumption Asokoro. Wake Keep holds at the PAGODA Resort and Conference Centre Nkwlle -Ezunaka on Thursday 29th October.

Until his death, Chief Odife was Chairman, Centrepoint Investments Limited ( a stock-broking firm),  Samsen Trust Plc, Ezenwegbu Foundation, and Director, John Holt Plc, among other board positions.

Odife served federal government in various capacities. He was Chairman of the presidential panel on Monetization of Fringe Benefits for Public Servants, Chairman Presidential  Panel on Capital Market Reform, Vice-Chairman, Steering Committee on the establishment of Abuja Stock Exchange ( now Abuja Commodities Market) as well as Chairman, Presidential study group on public-private sector infrastructure financing in Nigeria .

Born on 29th August 1947, Odife was an alumnus of both Kings College Lagos and University of Lagos, as well as recipient of the national Honour of Member of the Order of the Niger, MON, and Knight of St. John International of the Catholic Church,

He held a B.Sc (Hons) degree in Economics from the University of Lagos, and M.B.A. in Finance and Management Science from the Graduate School of Business, Colombia University, New York City.

A former university lecturer, author and motivational speaker, Odife played key roles in the nation’s banking and capital markets.

He pioneered the development of the second-tier securities market of the Nigerian Stock Exchange and arranged the admission of majority of the indigenous companies therein.

He arranged several mergers and in the process, established some of the current standards for merger documentation in the Nigerian Capital Market.

He made the first issue in the federal government’s Privatization Program in 1988 and in the process set jointly with the TCPC the standards for all subsequent privatization exercises.

He championed advocacy for Capital Market education and reform, for the quotation of indigenous companies on the stock market and for unit trust development in Nigeria.

He travelled extensively and rendered financial advice on investing in Nigeria to U.S. and European multinationals, as well as lectured on financial matters at the University of Lagos. He intervened decisively in the re-entry of the World Bank Group into Nigeria.

Chief Odife was also a consultant to the World Bank and International Finance Corporation.

He is survived by his wife, Barrister Stella Adaku Odife ( Nnedioranma) former Deputy Governor of Anambra State and coordinator Women Organisation for Gender Issues, WOGI and three children, Chinwe, Valentine and Emeka.


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