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Founder of Diamond Bank Pascal Dozie dies at 85

Kenneth Onyekwere by Kenneth Onyekwere
April 8, 2025
in News
Reading Time: 1 min read
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Founder of Diamond Bank Pascal Dozie dies at 85
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Foremost entrepreneur and founder of Diamond Bank, Pascal l Dozie, is dead.

Family sources say that he died in the early hours of Tuesday, a day before his 86th birthday.

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Dozie was the founder of Diamond Bank, one of the country’s most innovative banks before its merger with Access Bank.

He also served as the pioneer chairman of MTN Nigeria, playing a pivotal role in shaping the country’s mobile telecommunications revolution.

Born on April 9, 1939, in Egbu, in Owerri North Local Government Area of Imo State, Dozie’s early brilliance took him from Our Lady’s School in Emekuku to the London School of Economics, where he studied economics and earned a master’s degree in administrative science.

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In 1990, he founded Diamond Bank, which became one of Nigeria’s most respected financial institutions before its eventual merger with Access Bank.

He later handed the reins to his son, Uzoma.

Dozie was also instrumental to the launching of MTN Nigeria, serving as its pioneer chairman and helping to lead the telecom revolution in the country.

His leadership style marked by humility, integrity, and long-term vision earned him widespread recognition, including the national honour of Commander of the Order of the Niger (CON).

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