We wish to announce a significant addition into our executive management team in person of Mr. Yemi Ajao, who has been appointed as our new Group Chief Investment and Business Development Officer (GCIBDO).
The Group Chief Investment and Business Development Officer is joining the group with his extensive background in oil and gas operations – engineering, strategy, and corporate finance functions, boasting a track record of successful investments and exits in early-stage technology ventures and commercial real estates.
He brings a wealth of expertise in investment strategies, business development, corporate finance, portfolio management, among other areas. This will undoubtedly contribute to the continued growth and success of Odu’a Investment Company Limited
In his new role, Mr. Yemi Ajao will be responsible for overseeing our investment initiatives and spearheading our business development strategies. His leadership, strategic vision, and commitment to excellence align seamlessly with our corporate values.
Mr. Ajao is an experienced Investment Executive with over 20 years of work experience spanning Oil & Gas, Financial Services, Technology and Commercial Real Estate.
Previously, he worked as the Business Development and New Ventures Director at CAMAC International, a Texas based Family Office with a focus on Africa. Prior to that, he led the commercial workstream for Afren/FHN’s acquisition of OML 26 from Shell/NNPC JV and the first locally arranged Reserved Based Lending (RBL) in Nigeria, for the acquisition and re-development of OML 26.
Earlier in his career, Mr. Ajao worked as a Drilling Engineer and in the early days of shale, planned and designed wells for E&P clients in the Barnette Shale, Texas. Altogether, Mr. Ajao spent over a decade in the oil industry, in Engineering, Corporate Finance and Commercial Strategy roles. Since 2013, he has also been an avid supporter of the early-stage technology ecosystem in Nigeria and an adviser to quite a number of early-stage ventures in Nigeria and Kenya.
Yemi holds a Bachelor of Science degree in Chemical Engineering from Obafemi Awolowo University, Ile-Ife, a Master’s degree in Petroleum Engineering from the University of Houston and a Master’s in Business Administration (MBA) from Jones Graduate School of Business, at Rice University, Houston TX.
Mr. Yemi Ajao will play a crucial role in driving innovation, fostering collaboration, and ensuring the continued success of our Company. We are confident that he will make a significant impact, and we look forward to the fresh perspectives he will bring to our team.