Odu’a Investment Elevates Abiodun Bamiduro to Board as ED/Group CFO
The Board of Odu’a Investment Company Limited (OICL) has announced the appointment of Mr Abiodun Olamide Bamiduro as an Executive Director and Group Chief Financial Officer (GCFO), effective 2 January 2026, in a move aimed at reinforcing financial excellence and strengthening leadership from within the Group.
In a statement on Sunday signed by Victor Ayetoro, Head, Branding & Corporate Communications, the company said Bamiduro, a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), was promoted from within, having served as the Group’s Financial Controller since 2021.
The statement noted that Bamiduro’s tenure as Financial Controller was marked by significant milestones, including leading the committee that secured OICL’s first-ever credit rating by Agusto & Co, chairing the implementation of a cost-saving, Group-wide Enterprise Resource Planning (ERP) system, and establishing a robust internal financial control framework across the Group.
Commenting on the appointment, the Chairman of OICL, Otunba Bimbo Ashiru, described Mr Bamiduro as a strategic business leader with a deep understanding of the company’s vision.
He said the Board was confident that his elevation would provide the strategic stewardship required for OICL’s next phase of growth and enhanced value delivery to its shareholder states.
Prior to joining OICL, Mr Bamiduro spent over two decades in the energy industry, including a notable 15-year career with Transocean, a global leader in offshore drilling. During his time there, he rose to the position of Finance Manager for Nigeria and Africa Remote Operations, becoming the first Nigerian and African to assume full financial responsibility for one of the company’s largest operational regions. His experience spans financial control, treasury, tax management and complex financial integrations.
The statement further highlighted that his strategic expertise is recognised through his current roles as a Non-Executive Director on the boards of some OICL subsidiaries, including Lagos Airport Hotel Limited.
Also speaking on the appointment, the Group Managing Director of OICL, Mr Abdulrahman Yinusa, said the decision reflected the Group’s culture of rewarding exceptional talent.
He added that Mr Bamiduro’s financial expertise had been pivotal in strengthening the Group’s strategic plan and expressed confidence in his ability to accelerate growth and deliver sustainable value.
In his new role, Bamiduro will join the Board of Odu’a Investment Company Limited and assume responsibility for the Group’s overall financial strategy, including capital management, financial planning, investor relations and the maintenance of financial integrity across its diversified portfolio.
Odu’a Investment Company Limited is the investment vehicle of the six South-West states of Nigeria—Oyo, Ondo, Ogun, Osun, Ekiti and Lagos—with interests spanning real estate, hospitality, ICT, agriculture and financial services, and a mandate to drive sustainable returns and socio-economic development in the region.
