A Great Banking Icon Has Gone Home: Tribute To Dr Pascal Dozie
A heartfelt tribute to Dr. Pascal Dozie, the legendary founder of Diamond Bank and architect of modern African banking who went to be with the Lord. Discover how his visionary leadership, innovation, and generosity transformed lives and shaped generations.
Today, we gather in solemn reflection and heartfelt gratitude as we bid farewell to a man whose life was an unwavering testament to excellence, innovation, and service—Dr. Pascal Gabriel Dozie OON, CON born (9 April 1939 – 8 April 2025) was a Nigerian entrepreneur and businessman . A towering figure in African banking, a mentor to countless young minds, and a pioneer who redefined financial inclusion in Nigeria, Mr. Dozie has ascended from this earthly realm at the age of 85, leaving behind a legacy that will forever illuminate the path for generations to come.
His son Dozie, in a statement, said, “With deep sorrow, but with gratitude to God for a life well spent, we announce the passing of our beloved father, Pascal Gabriel Dozie, on 8th April 2025
“He was a devoted husband, father, grandfather, and a man of unwavering Catholic faith. His life was marked by service–to God, his family, and his country. “He is survived by his loving wife, Chinyere, his children, grandchildren, and all who were blessed to know him. “We thank God for the gift of his life and the legacy he leaves behind. May his soul rest in perfect peace.”
As news of his passing reverberates across continents, it is impossible not to reflect on the profound impact he made during his lifetime. PGD was more than just a banker; he was a visionary leader, a compassionate mentor, and a symbol of hope for millions. His journey reminds us that greatness is not measured by wealth amassed but by lives transformed—and few have done so with such grace and humility.
A Legacy Etched in Innovation
When Dr. Pascal Dozie founded Diamond Bank Plc in 1990, little did the world know that this institution would grow into one of Nigeria’s most innovative banks, eventually merging with Access Bank to create a powerhouse of financial services. Under his leadership, Diamond Bank became synonymous with progress, breaking barriers and challenging conventions. It wasn’t merely about banking—it was about empowering people. Through initiatives like mobile banking and digital solutions, PGD brought financial access to the underserved, proving that true success lies in lifting others up.
His mantra was simple yet revolutionary: "Banking should work for everyone." And through his relentless pursuit of this vision, he touched the lives of countless individuals, families, and businesses. Today, as we mourn his departure, we celebrate the indelible mark he left on Nigeria’s financial landscape—a mark that continues to inspire change-makers around the globe.
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A Mentor Who Shaped Generations
Beyond his achievements in banking, Dr. Pascal Dozie will be remembered as a man who believed deeply in human potential. He understood that true prosperity could only thrive when nurtured by knowledge, opportunity, and encouragement. To him, every young person was a seed waiting to blossom—and he took it upon himself to water those seeds generously.
Through scholarships, mentorship programs, and personal guidance, PGD inspired countless young Nigerians to dream boldly and act courageously. Many of today’s captains of industry, entrepreneurs, and leaders proudly trace their roots back to his wisdom and generosity. As we look forward, let us honor his memory by continuing to invest in the next generation—just as he did.
An Icon of Integrity and Humility
What set Dr. Pascal Dozie apart was not just his brilliance but also his humility. Despite his monumental accomplishments, he remained grounded, approachable, and kind-hearted. He wore his titles lightly, choosing instead to focus on the substance of his work rather than its accolades. In a world often driven by ego, PGD stood out as a beacon of authenticity—a reminder that true leadership is rooted in service.
He taught us that success is not about climbing to the top alone but about building ladders for others to climb alongside you. His life exemplified what it means to lead with integrity, compassion, and purpose.
A Man of Faith and Eternal Hope
As we grieve the loss of this remarkable man, we find solace in knowing that his spirit now resides in a place where cymbals ring, tapestries shimmer, and flutes play melodies of eternal peace. For a man who spent his life creating harmony in the lives of others, there can be no greater reward than the celestial welcome awaiting him.
Let us take comfort in the words of scripture: “Well done, good and faithful servant… Enter into the joy of your Lord” (Matthew 25:23). Indeed, Dr. Pascal Dozie has earned his rest, having lived a life worthy of celebration and emulation.
Looking Forward: Carrying the Torch
Though our hearts ache with the void left by his passing, we must remember that legacies are meant to endure. Dr. Pascal Dozie’s story does not end here—it lives on in each of us who were fortunate enough to witness his brilliance or benefit from his kindness.
Let us rise to the challenge of carrying his torch. Let us embrace innovation, champion inclusivity, and nurture the dreams of those who follow in our footsteps. Let us build bridges where there are divides, create opportunities where there is scarcity, and strive always to leave the world better than we found it—just as PGD did.
Comments From President Tinubu and Other Prominent Nigerians:
President Bola Ahmed Tinubu mourns Pascal Dozie
“Chief Pascal Dozie, OON, was a visionary whose contributions to Nigeria's economic architecture left an enduring legacy.”
President Bola Tinubu has paid tribute to Dr. Pascal Dozie, the late founder of Diamond Bank and pioneer chairman of MTN Nigeria, describing him as “a rare breed business leader” who helped shape Nigeria’s modern economic landscape.
Mr Dozie died on Monday, aged 85.
In a statement issued by his special adviser on information and strategy, Bayo Onanuga, the president extended condolences to the Dozie family, the business community, and all Nigerians. He lauded Dr Dozie’s pivotal role in two of Nigeria’s most transformative sectors, banking and telecommunications.
“Chief Pascal Dozie, OON, was a visionary whose contributions to Nigeria’s economic architecture left an enduring legacy,” Mr Tinubu said. “As the founder of Diamond Bank and the pioneer chairman of MTN Nigeria, he was at the forefront of two of the most transformative sectors in Nigeria’s development journey.”
The president also highlighted Mr Dozie’s commitment to national service beyond the corporate boardroom, citing his past roles as director at the Central Bank of Nigeria, president of the Nigerian Stock Exchange, and chairman of the Nigerian Economic Summit Group.
“His passing is a profound loss to the private sector and Nigeria,” the statement added. “His wisdom, humility, and pioneering efforts laid a foundation upon which many continue to build.”
Mr Tinubu urged the business community to honour Mr Dozie’s memory by upholding “the values of integrity, innovation, and nation-building, for which he was renowned.”
Tribute By Prof Ndubuisi Ekekwe, Former Staff At Diamond Bank Plc: PGD A Banking Legend Departs
A legend has departed from the earth to the celestial heavens, where angelic melodies now welcome Mr. Pascal Dozie. He was a builder of generations, guiding many—myself included—into the path of prosperity and greatness. In November 2023, I received a phone call from him, and hearing his iconic voice filled me with awe and gratitude. Though initially meant for the Owerri branch, I was redirected to Diamond Bank’s headquarters—a decision that transformed my life. Through the bank, I earned two master’s degrees and a doctoral degree, fully funded under his visionary leadership. During our call, I recited the mission and vision of the bank, which I had memorized with pride in training school. I remembered how, upon resigning for a move to New York, I offered to return my upfront salary, but he graciously approved for me to keep it. As a pioneer, he revolutionized African banking with innovations like the DIBS system that integrated branch operations. Inspired by his foresight, I chose Diamond Bank over global opportunities because I believed in his dream. Today, at 85, Chairman Pascal Dozie ascends, leaving behind a legacy that forever changed the course of many lives—including that of a once village boy from FUTO.
Tribute From MTN to Dr. Pascal Gabriel Dozie OON, CON,
Dr Chima Amadi Paid Tribute:
The death of Pascal Gabriel Dozie, one of Nigeria’s most iconic business figures, has left a deep void in the nation. Dr. Chima Matthew Amadi paid tribute, calling Dozie a visionary and a nation-builder whose legacy must be immortalised. Dozie, who passed at 86, was described as a star whose light will shine long after his departure. He was the founder of Diamond Bank and a pioneer who transformed Nigeria’s banking and telecommunications sectors. His leadership roles in the Nigerian Economic Summit Group and MTN Nigeria helped shape the country’s economy and digital future. Dr. Amadi praised his integrity, humility, and role as a father figure and ethical leader. He called on both federal and state governments to honour Dozie's legacy in a lasting, public way. Amadi expressed condolences to Dozie’s family and community, praying for comfort and peace. Dozie’s passing comes at a critical time in Nigeria's history when his guidance is sorely missed. Yet his enduring legacy stands tall, lighting the path for generations yet unborn.
Tribute by the Society for Corporate Governance Nigeria (SCGN) to Dr. Pascal Dozie CON:
Mr. Pascal Dozie, CON, was a Fellow and immediate past President of the Society for Corporate Governance Nigeria. He was a renowned Nigerian entrepreneur and founder of Diamond Bank. His professional journey began in the UK as an economist and lecturer, before moving on to consult in Uganda. In 1971, he returned to Nigeria at his mother’s request and launched the African Development Consulting Group (ADCG), which worked with global firms like Nestlé and Pfizer. ADCG laid the foundation for Diamond Bank, a solution he envisioned to serve South-Eastern traders facing banking challenges. He was appointed Chairman of Progress Bank in 1985 and later secured a banking license to establish Diamond Bank with just ₦10 million and 21 shareholders. The bank commenced operations in 1991 and grew under his leadership until he passed the baton to his son Uzoma Dozie in 2006. Mr. Dozie also held significant influence in telecommunications as a shareholder and former Chairman of MTN Group. His legacy is marked by visionary leadership, economic innovation, and a deep commitment to Nigeria’s corporate governance landscape. He leaves behind an enduring footprint across finance, telecommunications, and national development.
Interactive Reflections
We invite you to share your memories, stories, and reflections of Dr. Pascal Dozie OON, CON. How did his work inspire you? What lessons will you carry forward? Together, let us weave a tapestry of gratitude and remembrance, ensuring that his light continues to shine brightly in our collective consciousness. Farewell, dear PGD. You may have left this earth, but your spirit remains alive in the institutions you built, the lives you transformed, and the ideals you championed. May your soul rest in perfect peace, and may your legacy continue to guide us toward a future filled with promise and possibility.
Thank you to A Great ICON and LEGEND OF BANKING for everything.... From All Of Us At Access Nation
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