There has got to be perks for relations. If one thinks deeply about, what’s the point of being close to an influential person if not to at least drink from that stream of influence? Does that count as benefits of association or misuse of power or relationship? These and many more are the philosophical questions that are the results of the recent rumour on Polaris Bank’s MD, Tokunbo Abiru, and the alleged acts of nepotism involving his patron bank and his wife’s company.
Tokunbo Abiru Feyisola Abiru
Tokunbo Abiru is one of the most accomplished bankers in recent time. The man is credited with being a genius with a proclivity for corporate miracles—the example being his salvaging the scraps of Skye Bank and birthing Polaris. This and subsequent banking achievements have notarised Abiru to Master status in the Nigerian League of Bankers.
And now, the rumours of corporate favouritism.
The rumour has begun to make rounds in media houses that the decorous Tokunbo Abiru is not immune from the very human characteristic of nepotism. According to the rumour bees, Abiru is using his wife’s company to secure contracts from his bank. To be exact, Mrs. Abiru’s company is responsible for the interior decorations of Polaris Bank—under the seal and directive of her husband. In addition, Home and You Limited is also allegedly in charge of furniture supplies and other items for the ordering and beautification of Polaris Bank branches.
Feyisola Abiru is herself a corporate gravitational force, albeit in the lifestyle design and space enhancement industry. Her brainchild, Home & You Limited, is one of the leading companies making waves in the design, manufacture and installation of luxury furniture for business, educational and residential spaces and projects.
Since the company’s founding in 1994, Mrs. Abiru’s vision of enhancing the Nigerian economy by manufacturing and providing world-class made-in-Nigeria furniture and space enhancement solutions is closer today to actualisation. This is reportedly because it is the company’s modus operandi to deliver superior value to highbrow clientele using a team of highly qualified professionals. One of these highbrow clients is allegedly Polaris Bank, the workplace of Tokunbo Abiru.
As CEO of Home and You, Feyisola Abiru’s die has a much better likelihood of turning up a favourable outcome as regards the interior decorations of her husband’s bank. And that is the story: the Abiru family affairs involving Polaris Bank, Home and You Limited, and the well-travelled line of nepotism.