Dozie, who also played a key role in launching MTN Nigeria, was a trailblazer in both the finance and telecommunications sectors

By Asaye Bankole

Nigeria | April 8 2025

Pascal Dozie, the founder of the now-defunct Diamond Bank, has passed away just one day before his 86th birthday.

His death marks the end of an era for one of Nigeria’s most influential business figures.

Dozie, who also played a key role in launching MTN Nigeria, was a trailblazer in both the finance and telecommunications sectors.

Born on April 9, 1939, in Egbu, Owerri, Imo State, Dozie’s brilliance shone early.

He studied at Our Lady’s School in Emekuku and later attended the prestigious London School of Economics, where he earned a degree in Economics and a master’s in Administrative Science.

In 1990, he founded Diamond Bank, which quickly became a leading financial institution in Nigeria.

The bank’s growth culminated in its merger with Access Bank, a landmark deal that further cemented Dozie’s legacy.

After retiring, he handed over the reins of Diamond Bank to his son, Uzoma Dozie, ensuring the family’s continued involvement in the business.

In addition to his achievements in banking, Dozie was instrumental in the establishment of MTN Nigeria, serving as its first chairman.

His leadership was pivotal in the company’s early success, contributing significantly to Nigeria’s telecommunications revolution.

Join us on our whatssap platform @KOIKIMEDIA NEWS YOUR PAGE

KoikiMedia Bringing the World 🌍 Closer to your Doorstep