Hon. Prince Shuaibu Abubakar Audu

Minister of Steel Development Federal Republic of Nigeria

Prince Audu has over 20 years experience in Corporate and Investment Banking and Wealth Management within the Financial Services Sector. He holds a BA(Hons) in Business Economics from University of Leicester, UK . He also earned a Masters Degree (M.Sc) in International Securities, Investment and Banking (ISIB) from Henley Business School, University of Reading and an MBA from the University of Oxford. He started his career in the then Investment Banking and Trust Company Limited (“IBTC”) in the Global Markets and Treasury Department for two (2) years within the Corporate & Investment Banking Division. He then moved to Stanbic IBTC Pension Managers Limited as one of the pioneer promoters, and together with his colleagues in the Banking Group set up the Pension Fund Administrator (“PFA”), which is currently the largest in Nigeria. They equally set up the Investment Management Desk, and was later appointed as an Executive Director in the Asset Management Subsidiary. In 2013 – 2023, Prince Shuaibu Abubakar Audu became the Chief Executive Officer of the Venture Capital Business at Stanbic IBTC Group. He has worked and garnered experience in various banks including Bank of New York Melon in Boston, Massachusetts, USA and Credit Suisse Global Headquarters at Zurich, Switzerland, amongst others. Sequel to his vast experience in the private sector over the years, he decided to bring his experience to bear in governance by showing interest in politics. He participated in the recently concluded governorship primary election in Kogi State in April 2023 under the All Progressives Congress (“APC”) before his appointment to the office of the Honourbale Minister of Steel Development by President Bola Ahmed Tinubu GCFR on 21 August 2023.