Mr Adebayo Ogunlesi
Nigerian born international CEO, Adebayo Ogunlesi has now
ceased to be an adviser to embattled US President Donald Trump. Trump
sacked him today along with other distinguished CEOs counselling him via
two councils on how to “Make America Great Again”.
Trump sacked Ogunlesi on Twitter, when he announced the dissolution of two business advisory councils, in one fell swoop.
Ogunlesi was a member of the Strategic and Policy Forum,
one of the two disbanded by the unpredictable president. The other group
was the Manufacturing Jobs Initiative Council.
Ogunlesi, heads Global Infrastructure Partners, a private
equity firm and one of Fortune 500 companies. He was the only African
on the panel.
The New York Times reported before Trump’s tweeted
dissolution, that members of Ogunlesi’s panel were debating dissolving
the body entirely as Trump wallowed deeper into bigotry quagmire. But
Trump preempted their move.
“Corporate leaders had hoped that President Trump would help
businesses by slashing taxes and gutting regulations. It is not clear
how much he will deliver on that score. On top of that, he is putting
many chief executives in the position of answering for a president with
an unparalleled track record of outraging people, most recently at a
contentious press conference on Tuesday when he drew a false equivalence
between the white supremacists who protested in Charlottesville, Va.,
last weekend and counter-protesters.”, NYT reported.
Trump had earned rebuke and isolation from business leaders
for supporting racial bigotry, White Supremacists and the KKK,
following his remarks that failed to blame the tragic violence in
Charlottesville, Virginia on the groups. Instead, he blamed all the
sides and the group that challenged the racists.
of three companies — Kenneth Frazier of Merck, Kevin Plank of Under
Armour and Brian Krzanich of Intel — were the first to resign from the
Manufacturing Jobs Initiative Council.
condemn the white supremacists during the weekend and blamed “many
sides” for the violence.
“racism is evil” and also condemned neo-Nazis, he did not assuage some
of the CEOs working with him.
Manufacturing, an organization backed by the steel industry and the
United Steelworkers resigned. He was followed on Tuesday by Richard
Trumka and Thea Lee, the president and deputy chief of staff for the
union group A.F.L.-C.I.O. The latter’s resignation followed Trump’s
reversed position at a press conference at Trump Tower in New York, in
which he said that “not all of those people were neo-Nazis, believe me,”
referring to the white nationalists who were chanting “Jews will not
replace us” as they marched with tiki-torches.
Ogunlesi’s Strategic Forum, composed some of America’s most highly respected and successful business leaders.
Members of the body were expected to meet with Trump frequently to
share their specific experience and knowledge as the president
implemented his plan to bring back jobs and “Make America Great Again. ”
The other members of the forum were:
- Stephen Schwarzman (forum chairman), chairman, CEO, and cofounder of Blackstone
- Paul Atkins, CEO of Patomak Global Partners, former commissioner of the Securities and Exchange Commission
- Mary Barra, chairwoman and CEO, General Motors
- Toby Cosgrove, CEO, Cleveland Clinic
- Jamie Dimon, chairman and CEO, JPMorgan Chase & Co.
- Larry Fink, chairman and CEO, BlackRock
- Bob Iger, chairman and CEO, The Walt Disney Company
- Rich Lesser, president and CEO, Boston Consulting Group
- Doug McMillon, president and CEO, Wal-Mart Stores Inc.
- Jim McNerney, former chairman, president, and CEO of Boeings
- Ginni Rometty, chairwoman, president, and CEO of IBM
- Kevin Warsh, Shepard Family Distinguished Visiting
Fellow in economics at the Hoover Institute, former member of the Board
of Governors of the Federal Reserve System - Mark Weinberger, global chairman and CEO, EY
- Jack Welch, former chairman and CEO, General Electric
- Daniel Yergin, Pulitzer Prize winner, vice chairman of IHS Markit
Apart from being managing partner of Global Infrastructure Partners,
Ogunlesi also serves on the boards of Callaway Golf Co. and Kosmos
Energy Ltd.
At the same time he is the chairman of Africa Finance Corp. and
serves on the boards of various not-for-profits ranging from New York
Presbyterian Hospital to the NAACP Legal Defense and Educational Fund,
Inc.