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Pascal Dozie, Founder of Defunct Diamond Bank, Dies at 85

News Editor by News Editor
April 8, 2025
in Business
0
Pascal Dozie, Founder of Defunct Diamond Bank, Dies at 85
Pascal Gabriel Dozie, the founder of defunct Diamond Bank Plc, has died at 85, just a day before his 86th birthday.
His death has sent shockwaves through the Nigerian business community and beyond. Dozie’s family announced his passing, describing him as a devoted husband, father, grandfather, and man of unwavering Catholic faith.
“His life was marked by service to God, his family, and his country,” his family stated. “We thank God for the gift of his life and the legacy he leaves behind. May his soul rest in perfect peace.”
Dozie’s legacy in the banking sector is undeniable. He founded Diamond Bank in 1991, transforming it into one of Nigeria’s most innovative financial institutions before its merger with Access Bank. He later handed over leadership to his son, Uzoma Dozie.
Tributes have poured in from across the country, acknowledging Dozie’s impact on Nigeria’s financial sector and national development. Dr. Akinwumi Adesina, President of the African Development Bank, expressed his condolences, describing Dozie as a visionary leader and a man of integrity.
The Central Bank of Nigeria also paid tribute to Dozie, highlighting his contributions to the banking industry and Nigeria’s economic growth. His dedication to corporate social responsibility and philanthropy has left a lasting impact on education, healthcare, and youth development.
Dozie’s influence extended beyond the financial world. As the pioneer chairman of MTN Nigeria, he played a crucial role in the telecom revolution. His leadership earned national recognition, including the Commander of the Order of the Niger honor.
Born on April 9, 1939, in Egbu, Owerri, Imo State, Dozie studied economics at the London School of Economics and earned a master’s degree in administrative science. His remarkable journey has inspired many, and his legacy will continue to shape Nigeria’s business landscape.
Tags: Diamond Bank
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SUMMIT POST NEWS (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp & Calls ‪+234-803-209-6072‬, ‪+234-705-252-6124‬: Email: summitpostnigeria@gmail.com

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