On this auspicious day of the 2nd Induction ceremony of the Institute of Capital Market Analysts, it is very important to recognises an Icon of the Nigerian Capital Market, a major inspiration behind the establishment of the Institute of Capital Market Analysts, a world class Corporate Governance icon and a renowned philanthropist, High Chief (Dr.) Isaac Olusola Dada

Born in Osogbo,   and educated at the University of Ibadan (Bsc., Economics, 1970) and University of Lagos (MBA 1976). He obtained a Bachelor of Science Degree in Economics and Masters in Business Administration from the University of Lagos, in 1970 and 1976, respectively. He was awarded an honorary doctorate from All Saints University of America in Business Administration in 2002.

High Chief (Dr Dada)  joined the Federal Civil Service in 1971 as Administrative officer Grade V and rose to become Principal Secretary in 1983 and eventually a Director. He served as Special Assistant to three Secretaries to the Federal Military Government between 1983 and 1988. He was special assistant to the late Alhaji Shehu Musa, who served from October to December 1983; late Chief Gray Longe, who served from January 1984 to August 1985; and Chief Olu Falae, who was Secretary to the federal military government between 1985 and 1988.

He became Director of Finance and Administration in the Presidency in 1988 and Director of Political Affairs in 1990.High Chief Dada was appointed Executive Director of NAL Merchant Bank, the first Merchant bank in Nigeria, in 1993 a position he held until 1996, when he co-founded Anchoria Investment and Securities Limited and became its pioneer Vice Chairman/Chief Executive Officer.

Dada was a director of many companies quoted and non-quoted including Nigerian Wire and Cable Plc, Black Wood Hodge Nigeria, etc and was also Chairman of Great Nigeria Insurance Plc..   He was also a council member of the Chartered Institute of Stock Brokers of Nigeria. He was president of Nigerian American Chamber of Commerce.

He was a former member of the Ekiti State Economic Council, former National President of the Nigerian-American Chamber of Commerce, and Ex-President of the Institute of Directors of Nigeria. He was Chairman of Council and Life Member of the Nigerian Economic Society and member, Chartered Institute of Bankers of Nigeria.

High Chief Olusola Dada was conferred with the National Honour of Member of the Order of the Federal Republic (MFR) in 2008.

An Icon of humility and honesty, High Chief Dada was a mentor to a large number of people who drank from will fountain of wisdom. Once asked to describe himself in one word, Dr. Dada says he is humble and does not expect too much from anybody. As he noted, “If you expect too much from people, you may be disappointed. I am a service-oriented person. I want to render service to humanity”. He describes dishonesty as the single biggest put-off in his life.  As he once observed, “what gets me most irritated is deceit. I want anybody I am dealing with to be straightforward with me. This includes my wife, children, and people around me. Whatever I do, I want honesty. This is the best policy”.


High Chief Dada noted at one time in an interview that “My biggest dream is to make this world better than I met it in terms of whichever contributions I can make. I want to be remembered for my contributions in the church, place of birth, and other places, when I leave this world”. He also said that “People should refrain from bothering themselves with too many things. We have many people with hypertension and stroke because they carry too many things on their minds, Dada says. People should learn to free their minds. The Bible says take care of today, tomorrow will take care of itself. The problem of the day is enough for the day. Don’t get yourself involved in something you cannot solve, and pray to God to help you.”

Ladies and Gentlemen, Capital Market Analysts, High Chief (dr) Dada was inducted into this Institute on May 25, 2017, but could not attend the ceremony due to his having to travel abroad amidst other activities. He insisted on the Institute getting a clarified status from the Securities & Exchange Commission, which was promptly done. He was a major motivation to the Institute

High Chief (Dr.) Isaac Olusola Dada joined the Saints Triumphant on 2017 on his return from the United States of America on July 12, 2017 at the age of 76. In the Institute of Capital Market Analysts in particular and the Nigerian Capital Market in general we miss his fatherly and superior counsel and tutelage and pray to Almighty God to give his should eternal rest.

In recognition of his  fulfilled  life  of service,  and sterling contribution to the Capital Market , the Institute hereby formally announce the take off of the Annual  Dr. Isaac  Olusola Dada Memorial Capital Market  Lecture the first of  which will take off in 2019.

May His Soul Rest in Peace.