Prince Shuaibu Abubakar Audu
Minister of Steel Development
All Progressives Congress Kogi State
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Biography & Profile
Bio Summary
Prince Shuaibu Abubakar Audu is a Nigerian investment banker turned public servant, currently serving as Minister of Steel Development. A member of the APC from Kogi State and son of former Governor Abubakar Audu, he brings over two decades of expertise in finance, asset management, and venture capital. Educated in the UK with degrees from Leicester, Reading, and Oxford, he is strategically positioned to guide Nigeria’s steel sector revival with technocratic insight and reform-driven leadership.
Education
- Bachelor of Arts (Hons) in Business Economics, University of Leicester, United Kingdom (2001)
- Master of Science (M.Sc.) in International Securities, Investment and Banking (ISIB), Henley Business School, University of Reading
- Master of Business Administration (MBA), University of Oxford (St Hugh’s College), 2013
Professional Background
- Over 20 years in corporate and investment banking, wealth management, and pension fund administration
- Started at IBTC (Investment Banking & Trust Company Limited) in the Global Markets and Treasury Division
- Pioneer promoter of Stanbic IBTC Pension Managers (largest PFA in Nigeria); later became Executive Director in Asset Management
- CEO, Venture Capital Business, Stanbic IBTC Group (2013–2023)
- International experience at Bank of New York Mellon (Boston) and Credit Suisse (Zurich)
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