About Bode Agusto

Bode Agusto is an independent researcher and consultant on economics, finance, and business strategy. Agusto is the founder and first managing director of Agusto & Co. Limited. 

 

Agusto & Co. is a credit rating agency and leading provider of economic research and industry analysis in Nigeria. After its inception in 1992, Agusto & Co. ventured into credit rating and became Nigeria's first credit rating agency licensed by the Securities and Exchange Commission. Agusto served as the company’s Managing Director for 11 years. Today, Agusto & Co. also offers its services in Kenya and Rwanda.

 

Before founding Agusto & Co, Agusto worked at PwC for 10 years and was admitted as a Partner of the same institution in 1991. He also worked at Nigeria International Bank (now Citibank Nigeria), where he served as Assistant Vice President and as Head of the World Corporations Group. 

 

In 2003, President Olusegun Obasanjo awarded Agusto, the national honour of Member of the Order of the Federal Republic for his contributions to the Nigerian Economy. Subsequently, President Obasanjo appointed Agusto as the Director General and Special Advisor to the President on Budget Matters.  During his four years as Director General of the Budget, Nigeria ran budget surpluses every year and built savings that enabled the country to obtain debt relief and repay US$32 billion of the national debt. The team also reformed the budget process by introducing spending limits and encouraging key Ministries to work with the National Assembly to evolve Medium-Term Sector Strategies consistent with the goals of the President.

 

Currently, Agusto serves as a Non-Executive Director on the boards of Agusto & Co. Limited and Grand Cereals Limited (a subsidiary of UACN Plc). He was also a member of the Monetary Policy Committee of the Central Bank of Nigeria and a non-Executive Director of GT BANK, Shell Nigeria CPFA, and Nigerian Agip CPFA. 

 

Agusto also spends his time researching the key economies of Sub-Saharan Africa - the politics, the economics, the banking system, and how key businesses create value for their shareholders. 

 

Agusto is passionate about sharing his knowledge and experience with next-generation leaders and thus delivers several financial seminars every year.