Michael Ibru dies at 86

Micheal-IbruThe Ibru dynasty has lost its patriarch and business mogul, Olorogun Michael Christopher Onajirhevbe Ibru.
Michael, who was the Oto­ta of Agbarha-Otor kingdom, died on Tuesday in the Unit­ed States (US). He was 86 years old.
In a statement announcing his death, the family said that the businessman passed on peacefully at a medical facility in the US in the early hours of Tuesday 6th September 2016 after a protracted ill­ness.
Michael’s death now lives Mr. Goodie Ibru and his two sisters as the only survivors of the famous Ibru family.
Other notable sons of the family, who have died are Pas­tor Bernard Ibru, the Publisher of The Guardian Newspapers, Mr. Alex Ibru, former governor of Delta State and Oorogun Fe­lix Ibru, who was buried recent­ly in Delta State.
Until his death, Michael was the Otota of Agbarha-Otor Kingdom and an Officer of the Federal Republic (OFR). He was also the Chairman, Michael and Cecilia Foundation (MCF).
He served as a member of the Business Advisory Coun­cil of the International Fi­nance Corporation (IFC) and as Council member of the La­gos Chamber of Commerce and Industry and the Nigeria-Unit­ed States Business Council.
Michael attended the fa­mous Igbobi College, Lagos, be­tween 1948 and 1951 where he excelled in his academics and in extra-curricular activities. Mi­chael was appointed the senior prefect of the school, a position usually reserved for the best students with leadership traits.
After leaving Igbobi Col­lege, he secured a job in the United African Company (now UACN), as a manager-in train­ing between 1951 and 1956. He resigned from the company and at the age of 24 and formed Lai­bru, in partnership with an ex­patriate, Jimmy Large.
In 1965, Michael founded the Osadjere Fishing Compa­ny in partnership with a Japa­nese Conglomerate.
In1974, Michael set up the Nigerian Hardwoods, a logging and sawmilling and wood pro­cessing company in Ubiaroku.
The Ibru Group lat­er ventured into banking – the defunct Oceanic Bank Plc-managed by his wife, Ce­cilia Michael Ibru, aviation and tourism.
Next post Ebonyi State Governor sacks LG chairmen, re-shuffles cabinet