Mr. Abdulrahman Yinusa assumed office as the 9th GMD/CEO of Odu’a Investment Company Limited (OICL) on Monday, 3rd of June, 2024. He was up till the time of appointment the Group Chief Financial Officer of the Company.
He took over from Mr. Adewale Raji who retired from the service of OICL on 31st May 2024, after serving meritoriously as the GMD/CEO for 10 years.
Mr. Yinusa was appointed GMD/CEO having passed through a transparent and competitive selection process carried out by KPMG. He is a thoroughbred finance professional with over 3 decades of quality industry experience. Prior to coming on OICL board as the Group Chief Financial Officer, he was the ED/CFO in Diamond Bank, where he coordinated the capital raising exercise of over $500m in a combination of four different Tier I & Tier II standard and bespoke Financing Instruments as well as raising of a 7-year $200m Senior Eurobond Debt Instrument listed in Europe.
He also participated actively in the M&A process that led to the acquisition Diamond Bank UK. He was the ED, Finance & Strategy, where he coordinated the strategy for the successful merger of Finbank with FCMB. Prior to that, he was pioneer CEO of UBA subsidiary in Sierra Leone where he established the Head Office and five branches within two years. And prior to his offshore assignment, he was the CEO of UBA Asset Management and he was responsible for the launch of four Mutual Fund products within two years. Before that, he functioned as Treasurer and CFO at different times during his 13-year career within the UBA Group.
He held the position of Financial Controller/Head Strategy in FSB International Bank (now part of Fidelity Bank) as at a relatively young age of 26 years old. He had a record of being promoted three times during his 3-year career in Citibank.
Beyond the massive successful feats achieved in the financial services and consulting space, he had served two terms on the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN) where he functioned as Chairman of its Capacity Building and Certification Committee and the Chairman of the Membership Development and Services Committee.
He holds a Bachelor’s Degree in Accounting from the prestigious Ahmadu Bello University (ABU), Zaria and equally holds MSc. Economics and MBA degrees from the University of Lagos. He is a certified member of many professional institutions, including being Fellows of both ICAN and CIBN. He is an Associate Member of the Chartered Institute of Stockbrokers, Chartered Institute of Taxation and Nigeria Institute of Management. He also holds the Treasurer Dealership Certificate of MMAN (now FMDA). He has attended a wide range of general management development courses in prestigious institutions across the world, including Cambridge, IMD and INSEAD.
He is an industry expert whose views and commentary on both Fiscal and Monetary Policies are well sought after on the efficacy of the periodic MPC decisions.
He will be in charge of the overall management and operation of the OICL and its subsidiaries