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PRESS RELEASE

ODU’A INVESTMENT COMPANY LIMITED INAUGURATES DR. TOLA KASALI AS NEW GROUP CHAIRMAN

L-R: Otunba Bimbo Ashiru, Immediate Past Group Chairman and Dr. Tola Kasali, New Group Chairman Odu’a Investment Company Limited has formally inaugurated Dr. Tajudeen Tola Kasali as its new Group Chairman, completing a seamless leadership transition that reinforces the conglomerate’s commitment to corporate governance and institutional continuity. The inauguration took place during the Board of
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Odua’ Investment Board Visits Olubadan of Ibadanland

The Board of Odu’a Investment Company Limited and some of its subsidiaries, led by Group Chairman Otunba Bimbola Ashiru and the Group Managing Director and Chief Executive Officer, Mr Abdulrahman Yinusa, paid a courtesy visit to the Olubadan of Ibadanland, Oba (Senator) Rashidi Adewolu Ladoja, Arusa I, at the Oke Aremo Palace in Ibadan on
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PRESS RELEASE: ODU’A INVESTMENT AND ELEKTRON ENERGY TO DELIVER 50MW OGBA IPP.

Odu’a Investment Company Limited (“Odu’a Investment”) has entered into a strategic partnership with Elektron Energy Development Strategies Limited (“Elektron”), a leading embedded power developer focused on delivering reliable, scalable energy infrastructure, to develop a 50-megawatt (MW) gas-fired Independent Power Plant (IPP) at the former Cocoa Industries Limited (CIL) Complex within the Ogba Industrial Estate in
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PRESS RELEASE: 𝗢𝗗𝗨’𝗔 𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧 𝗖𝗢𝗠𝗣𝗔𝗡𝗬 𝗟𝗜𝗠𝗜𝗧𝗘𝗗 𝗔𝗡𝗡𝗢𝗨𝗡𝗖𝗘𝗦 𝗦𝗧𝗥𝗔𝗧𝗘𝗚𝗜𝗖 𝗠𝗜𝗡𝗢𝗥𝗜𝗧𝗬 𝗦𝗧𝗔𝗞𝗘 𝗔𝗖𝗤𝗨𝗜𝗦𝗜𝗧𝗜𝗢𝗡 𝗜𝗡 𝗙𝗖𝗠𝗕 𝗣𝗘𝗡𝗦𝗜𝗢𝗡𝗦

Odu’a Investment Company Limited (“OICL” or “Odu’a”) announces the completion of its acquisition of a 10% minority equity stake in the issued share capital of FCMB Pensions Limited (“FCMB Pensions” or the “Company”) from FCMB Group Plc (“FCMB Group” or the “Group”).The acquisition follows the receipt of the requisite approvals from the regulatory authorities –
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ODU’A INVESTMENT COMPANY LIMITED APPOINTS ABIODUN BAMIDURO AS EXECUTIVE DIRECTOR/GROUP CHIEF FINANCIAL OFFICER (GCFO)

In a strategic move reinforcing its commitment to financial excellence and grooming leadership from within the Group, the Board of Odu’a Investment Company Limited (OICL) has announced the appointment of Mr. Abiodun Olamide Bamiduro as an Executive Director and the Group Chief Financial Officer (GCFO), effective January 2, 2026.Mr. Bamiduro, a Fellow of The Institute
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