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Home Business & Finance Business

Odu’a appoints Bamiduro CFO in major boost

Board promotes finance chief to executive director role

Peculiar Adirika by Peculiar Adirika
January 5, 2026
in Business, News
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Bamiduro CFO
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Odu’a appoints Bamiduro CFO as executive director, promoting its finance chief to lead group strategy and governance from January 2, 2026

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, in a move the company described as a strategic boost to its leadership team.

Also read: Former NNPC CFO refutes EFCC arrest claim in $7.2bn fraud case

Mr Abiodun Bamiduro, a Fellow of the Institute of Chartered Accountants of Nigeria, was promoted from within after serving as the Group’s Financial Controller since 2021.

The appointment places Mr Bamiduro on the Board of Odu’a Investment Company Limited with responsibility for the group’s financial strategy, including capital management, financial planning, investor relations and financial integrity across the diversified holding company.

The Chairman of Odu’a Investment Company Limited, Otunba Bimbo Ashiru, said the Board had full confidence in the appointment, describing Mr Bamiduro as a strategic business leader with an exceptional understanding of the company’s vision.

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Otunba Bimbo Ashiru said Mr Bamiduro’s leadership in strengthening financial governance and improving efficiency gave the Board assurance that the company would benefit from strong stewardship in its next phase of growth and value delivery to shareholder states.

During his tenure as Financial Controller, Mr Bamiduro led the committee that secured the company’s first credit rating by Agusto & Co, chaired the implementation of a cost-saving enterprise resource planning system across the group, and established a strengthened internal financial control framework.

Before joining Odu’a Investment Company Limited, Mr Bamiduro spent more than two decades in the energy sector, including 15 years at Transocean, a global offshore drilling company.

At Transocean, Mr Bamiduro rose to Finance Manager for Nigeria and Africa Remote Operations, becoming the first Nigerian and African to hold full financial responsibility for one of the company’s largest operational regions.

His experience spans financial control, treasury, tax management and complex financial integrations, positioning him as a pivotal figure in the company’s evolving financial strategy.

Mr Bamiduro also serves as a Non-Executive Director on the boards of several Odu’a subsidiaries, including Lagos Airport Hotel Limited.

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The Group Managing Director of Odu’a Investment Company Limited, Mr Abdulrahman Yinusa, said the appointment reflected the company’s commitment to recognising exceptional internal talent.

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Mr Abdulrahman Yinusa said Mr Bamiduro’s strategic financial expertise had already played a vital role in strengthening the group’s long-term plan and would be instrumental in accelerating growth and delivering sustainable value.

Also read: Srinivas Phatak appointed Unilever CFO permanently

In his new role, Mr Bamiduro will oversee the group’s financial architecture as Odu’a Investment Company Limited continues to expand its footprint across key sectors of the Nigerian economy.

Peculiar Adirika
Peculiar Adirika

Peculiar Adirika is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

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