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OICL appoints Abiodun Bamiduro as new Group CFO


The Board of Odu’a Investment Company Limited has appointed Mr Abiodun Bamiduro as an Executive Director and Group Chief Financial Officer, effective January 2, 2026.

Bamiduro, a Fellow of the Institute of Chartered Accountants of Nigeria, is promoted from within, having served as the Group’s Financial Controller since 2021.

During his tenure as Financial Controller, he made significant contributions, including leading the committee that achieved OICL’s first credit rating by Agusto & Co, chairing the implementation of a cost-saving Group-wide ERP system, and establishing a robust internal financial control framework.

Commenting on the appointment, the Chairman of OICL, Otunba Bimbo Ashiru, said, “Mr Bamiduro is a strategic business leader who has demonstrated an unparalleled understanding of our company’s vision. His exemplary leadership in enhancing our financial governance and driving efficiency gave the Board full confidence that his elevation will provide the strategic stewardship required for our next phase of growth and value delivery to our shareholder states.”

Prior to joining OICL, Bamiduro spent over two decades in the energy industry, including a notable 15-year career with Transocean, a global leader in offshore drilling. There, he rose to Finance Manager for Nigeria & Africa Remote Operations, making history as the first Nigerian and African to hold full financial responsibility for one of the company’s largest operational regions. His expertise spans financial control, treasury, tax management, and complex financial integrations.

His strategic acumen is further recognized through his roles as a Non-Executive Director on the boards of OICL subsidiaries, including Lagos Airport Hotel Limited.

The Group Managing Director, Mr Abdulrahman Yinusa, remarked:

“This appointment reflects our core practice of rewarding exceptional talent. Bamiduro’s strategic financial expertise has been pivotal in strengthening our strategic plan. We are confident he will provide the leadership necessary to accelerate our growth and deliver enhanced sustainable value.”

In his new role, Bamiduro will join the Board of OICL and assume full responsibility for the company’s group-wide financial strategy, encompassing capital management, financial planning, investor relations, and financial integrity across the diversified holding company.

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