In a solemn moment for the financial world, Bode Agusto, the esteemed Nigerian economist and visionary founder of Agusto & Co, Nigeria’s inaugural credit rating agency, has bid farewell at the age of 68, as confirmed by BusinessDay from a trusted source.
Before his passing, Bode Agusto was a distinguished independent consultant, recognized for his profound contributions to the realms of economics, finance, and strategic business insight.
The birth of Agusto & Co. in 1992 marked a pivotal moment in Nigeria’s financial landscape, ushering in the era of credit rating services. The company, granted official authorization by the Securities and Exchange Commission, stood as the nation’s maiden credit rating agency. For 11 years, Bode Agusto steered the ship as the Managing Director, setting the standards for financial assessment and creditworthiness.
Fast forward to 2023, and Agusto & Co. has transcended borders, extending its services not only within Nigeria but also to neighboring nations such as Kenya and Rwanda. This expansion has fortified its position as a reputable institution in the assessment and evaluation of financial entities.
The legacy of Bode Agusto, a true pioneer in the fields of economics and finance, will endure as a beacon in the finance industry. His contributions and innovative spirit have left an indelible mark on the world of financial analysis and will be cherished and celebrated for generations to come.
