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Board of Directors

Odu’a Investment Company Limited is owned by the Government of the Six South Western State of Nigeria, it is run by an independent Board of Directors, a Non-executive Chairman, a Group Managing Director and other members

Odu’a Board of Directors

The six Shareholders States of Odu’a Investment Company Limited have approved the appointment of the Director representing Ogun State on the Board of the Company, Otunba Bimbo Ashiru, an Investment and Strategic Management expert as the Chairman of the Company. He succeeds Dr. Segun Aina, OFR whose tenure as Chairman has expired. Dr. Aina was Odu’a Chairman until June 22nd, 2022.

Otunba Ashiru a fellow of the Institute of Strategic Management of Nigeria; National Institute of Marketing of Nigeria and Chartered Institute of Commerce Nigeria was born in Ijebu-Ode, Ogun State to the illustrious Ashiru family.

He graduated with a degree in Marketing, Purchasing & Supply, and holds a Masters’ Degree in Strategic Management. With this background, he entered the services of the then Chartered Bank in the year 1989. In a successful career that has spanned two decades and taken him to various institutions, he has served in various capacities of Management (Head, Private Banking Unit; Branch Manager; Head, Institution & Professional Banking; Regional Coordinator; Country Director, Personal and Business Banking; Director, Corporate Affairs and Corporate Social Investments; until his last position of Group Head, Public Sector with Stanbic IBTC Bank. He was the pioneer head of the department.

Otunba Ashiru was a two-term Honourable Commissioner for Commerce and Industry in Ogun State from 2011 to 2018

Mr. Adewale Raji is the Group Managing Director, Odu’a Investment Company Limited. He was appointed into the position for a term of five years from 1st of June 2014 through a competitive selection process carried out by KPMG Advisory Services.

Chief Segun Ojo, a director on the board of Odu’a Investment Company Limited is a thorough bred civil servant and a very resourceful administrator per excellence. He holds a Master’s Degree in Economics and Statistics; and he is a fellow of the Institute

Mr. Seni Adio, SAN, is a director on the board of Odu’a Investment Company Limited. He is a Senior Advocate of Nigeria, and Managing Partner of COPLEY PARTNERS, Lagos.  He is the Chairman of the Nigerian Bar Association Section on Business Law (NBA-SBL), and a Member 

Dr. Tola Kasali is a director on the board of Odu’a Investment Company Limited. He is a dedicated and compassionate medical practitioner. He was the former Executive Chairman of Ibeju-Lekki Local Government Council, where he left an indelible record of achievements.

Dr. Segun Aina stepped down as Chairman of Odu’a Investment Company Limited on June 22nd 2022 after the expiration of his tenure. He is a global professional banking leader, internationally rated fintech ecosystem enabler and thought leader, transformation expert, chartered arbitrator, respected futurist and a philanthropist.

Segun Olujobi is a director on the board of Odu’a Investment Company Limited. He is the Chief Executive Director of Vertex Energy Limited. Prior to co-founding Vertex Energy, Mr Olujobi worked at African Capital Alliance, a private equity firm and Accenture, a global

Otunba Mrs. Adebola Osibogun

Independent Director

Otunba Mrs. Adebola Osibogun is an independent Director on the Board of Odu’a Investment Company Limited. She currently serves on the boards of FBN Holdings Plc. and has over three decades Financial services experience covering real estate financing, trusteeship, retail savings and loans at various reputable institutions.

Independent Director

Mrs. Folusho Olaniyan, OON, is an independent Director on the Board of Odu’a Investment Company Limited. She is the current Chairman Psaltry International Company Ltd, an agro-allied Company in Oyo State with giant strides in the production of various cassava based industrial products (i.e. starch, flour, sorbitol and glucose).

Executive Director

ABDULRAHMAN YINUSA is a finance professional with 3+ decades of industry experience. He was the ED/CFO at Diamond Bank, leading a capital raising exercise of over $500m, and also raised a 7-year $200m Senior Eurobond Debt Instrument listed in Europe. He’s now the Group CFO at OICL.