Odu’a Investment retires GMD Raji, names Yinusa as successor

Odu’a Investment Company Limited

Odu’a Investment Company Limited has announced the retirement of its Group Managing Director (GMD)/Chief Executive Officer (CEO), Adewale Raji and the appointment of Abdulrahman Yinusa as the successor effective June 1, 2024.


Raji’s retirement follows 10 years of dedicated service as GMD/CEO of the 47-year-old conglomerate.

Yinusa, who currently serves as Executive Director, and the Group Chief Financial Officer of Odu’a Investment, is a thoroughbred finance professional with over three decades of in-depth experience in the Financial Services Industry. He will be responsible for implementing the Group Board’s shared vision and plan, as well as ensure continued execution of existing strategic projects.

Odu’a Investment has also appointed Yemi Ajao as Executive Director and Group Chief Investment and Business Development Officer, a role he will assume on January 15, 2024.Ajao has over 20 years extensive experience in oil and gas operations (engineering), among others.

The group’s Chairman of the Board, Bimbo Ashiru, while commenting on the leadership changes, stated: “Today, we announce the retirement of a Group Managing Director who superintended over a pivotal period in Odu’a Investment’s evolution into a world class conglomerate. On behalf of the board, I will like to express our sincere gratitude to Adewale Raji for his exceptional leadership, and for steering the ship with such vision, courage and professionalism during his tenure.

“We are also delighted about the smooth leadership transition, and I will like to congratulate the shareholders and the board on Abdulrahman Yinusa’s appointment. I have no doubt in my mind that he will take Odu’a Investment to another level of growth, especially with the foundations laid over the past few years.”

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