Subsequently, Babajide rose to the position of Deputy General Manager (Divisional Head) at First Inland Bank Plc, where he was Corporate Financial Advisor to several multinational companies. He also supervised the Bureau of Public Enterprises (BPE) privatisation projects including the concession of the National Arts Theatre, and the Lagos Trade International Fair Complex, the acquisition of Ikoyi Hotels Limited as well as the Federal Government Debt Conversion Programme. His meteoric rise within the system of the Lagos State government is particularly exemplary; testament to his unique leadership abilities and exceptional contributions to good governance within the State.
Babajide’s appointment, in 2003, as Special Adviser on Corporate Matters to the Deputy Governor, took the government circles by storm. However, the consequent recognition which he quickly gained, coupled with his outstanding performance earned him the same job title and description again, this time, with the Executive Governor himself after only one year.Working directly with the Governor, he was responsible for creating an environment that fosters private sector participation and was instrumental to the present situation where
members of the private sector see themselves as stakeholders in the governance of the State. He also formulated policies and programmes to improve the relationship between government and Organized Private Sector (OPS).
In conjunction with other agencies of government, Babajide was able to initiate, identify, promote and structure new projects and programmes in areas like the Environment, Transportation, Commerce, Finance and Infrastructure while also preparing and tracking the Internally Generated Revenue from various agencies including the BIR and analysing same for the Governor.
He was also responsible for the preparation and publication of the Lagos State Economic Empowerment and Development Strategy (LASEEDS). While still serving in this capacity, Babajide was appointed acting Honourable Commissioner, Economic Planning and Budget, owing to his hard work and attention to details. He became responsible for the preparation of the annual budget for the State Government and the processing of the annual budget of the different parastatals; a duty he performed judiciously.
It was no surprise therefore, when in 2007, he became the Honourable Commissioner for Commerce and Industry until the end of that administration. At the start of the next administration, Babajide was again appointed Honourable Commissioner, this time, for Establishment, Training and Pensions.
Babajide’s stirring team playing ability was evident in the critical roles he played within the government in partnership with several units and ofces. For instance, in conjunction with the Head of Service, he was responsible for timely review of salaries, wages and allowances while he also articulated the state government’s Conditions of Service. As a security awareness expert, he helped set up the Lagos State Security Trust Fund and subsequently became a board member for over four years.
Although he holds an MBA and a B.Sc in Surveying from the University of Lagos, his quest for knowledge has taken him to several courses and trainings in several continents of the world, including Europe, USA, Asia and Africa. He is an alumnus of the prestigious Kennedy School of Government, USA; the London Business School as well as the Lagos Business School, LBS. Babajide is also an associate member of The Chartered Institute of Personnel Management (CIPM) and fellow of The Nigeria Institute of Training and Development (NITAD).
A man of admirable social skills, he also nds some time for leisure and social activities amidst his demanding itinerary, as he is a member of the Ikoyi Club, the Island Club, as well as the Clear Essence Health Club. Babajide’s laudable achievements have not gone unnoticed. He has received several awards in recognition of his tremendous contributions to society. They include the Symbol of Excellence award from the Civic Enlightenment Association of Nigeria, a Gold mentor award from the National Association of Nigeria Nurses & Midwives (NANNM), a Platinum award from the Lagos State Public Service Club and the 2009 Best in Human Capital Development award from the Industrial Training Fund (ITF). He has also received several merit awards from the Association of National Accountants of Nigeria, Chartered Institute of Personnel Management in Nigeria (CIPMN) amongst others.
He is happily married to Dr Mrs Ibijoke Sanwo-Olu and they are blessed with children.