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The financial sector yesterday lost one of the best brains in the industry with the death of the Managing Director of FBN Capital, Osaze Osifo.

Aged 45, Osifo, who was on an official visit to Abuja, was said to have died in his sleep yesterday morning at the Transcorp Hilton Hotel.

Described as a top class professional, Osifo was hired by FirstBank of Nigeria in 2010, to manage all the bank’s investment banking and asset management businesses across the different subsidiaries. These include FBN Capital, First Trustees, First Funds and its global custody business.

He joined FirstBank from Travant Capital, an investment and advisory firm, which he co-founded and led from inception in January 2007. He has led some advisory mandates at Travant and managed the fund raising and partial deployment of a $107million private equity fund focused on West and Central Africa.

Osifo started his career in 1990 at HSBC Investment Bank, UK, where he initially worked as a trader in the capital markets business on different products including money market instruments, derivatives, foreign exchange and fixed income securities for eight years. He moved across to the investment banking division as a corporate financier in the Mergers and Acquisition, and Telecoms departments.

He had two Masters, one in Finance from the London Business School, and the other in Management Science and Operational Research from the University of Warwick. He also had a Bachelors in Mechanical Engineering from the University of Lagos.

ayodele123:

Died in his sleep.
Rest in Peace, sir.
Death comes unannounced like a thief in the night
After death comes judgment (Hebrews 9:27)
How prepared are we for eternity?
Rest in peace, sir

pro01:

I don't understand how young people can die in their sleep. What is the cause of death? I'd appreciate expert opinions on possible causes of death during sleep. I'm sure many typical Nigerians would suggest 'spiritual strangulation', but I ain't buying that.

Anyways, RIP sir. Death is banal these days, it will come when it will, and how it will.

4teelaw:

my mother died in her sleep at 48yrs while i slept next to her, so i did a little research, it is possible that a myocardial infarction aka heart attack can happen during sleep. it may be so serious the victim just may never wake up to seek medical help. Also, a blood clot may escape frm a blocked atery in the heart and travel up and get stuck in the carotid atery (in the neck region). this prevents blood from reaching the brain, and if this continues for over 4 mins, death is imminent. i assume he had an underlying medical condition that was not properly managed, hence, it won!
RIP Osaze, till we meet to part no more, Good night