Davido’s elder sister, Sharon Adeleke, has been confirmed as the new CFO of DMW, triggering mixed reactions and questions about Chioma
Popular Nigerian singer Davido has once again made headlines after his elder sister, Sharon Adeleke, now known as Sharon Ademefun, was confirmed as the Chief Financial Officer (CFO) of his record label, Davido Music Worldwide (DMW).
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The development first gained attention after an X user, DonTee, shared a post praising the move as a strategic step to protect the Afrobeats star’s legacy.
The claim was later backed by Sharon herself, who updated her Instagram bio to reflect her new role as CFO of DMW.
“Love that Davido’s sister is now CFO of his record label DMW. A very smart move to protect his future and legacy,” the post read, noting the history of superstars who ended up financially unstable due to poor management.
With her new position, Sharon will now oversee the label’s financial operations, a move many fans described as a sign of trust and long-term planning.
She has also been seen accompanying Davido at recent events, sharing photos and videos of them together on social media.
However, Sharon’s appointment sparked mixed reactions online, with some netizens questioning why Davido’s wife, Chioma, was not considered for the role.
Others defended the decision, arguing that appointing a sibling ensured continuity and reduced the risk of internal conflicts.
Comments ranged from congratulatory messages to critical opinions, reflecting ongoing public interest in the Adeleke family’s personal and professional decisions.
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The latest development further highlights Davido’s approach to family involvement in his business affairs, a strategy that continues to generate discussion among fans and industry observers alike.
David Okere is a journalist and contributor to Freelanews.com, covering business, governance, public affairs, and human-interest stories with a commitment to accuracy, balance, and public interest reporting.
