The Board of Odu’a Investment Company Limited (OICL) has announced the appointment of Mr. Abiodun Olamide Bamiduro as Executive Director and Group Chief Financial Officer (GCFO), effective January 2, 2026.
In a move described as a reinforcement of the company’s commitment to financial excellence and internal leadership development, Bamiduro has been promoted from his previous role as the Group’s Financial Controller, a position he has held since 2021.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Bamiduro’s tenure as Financial Controller was marked by significant milestones.
These include leading the committee that secured 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.
Announcing the appointment, the Chairman of OICL, Otunba Bimbo Ashiru, described the new Director as a strategic business leader with a deep understanding of the 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,” Ashiru stated.
Prior to joining OICL, Bamiduro spent over two decades in the energy sector, including a notable 15-year career with Transocean, a global leader in offshore drilling. He rose to the position of Finance Manager for Nigeria & Africa Remote Operations, becoming 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. He also currently serves as a Non-Executive Director on the boards of some OICL subsidiaries, including Lagos Airport Hotel Limited.
Also commenting on the development, the Group Managing Director, Mr. Abdulrahman Yinusa, noted that the appointment reflects the company’s core practice of rewarding exceptional talent.
“Mr. 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,” Yinusa said.
In his new role, Bamiduro will join the Board of OICL and assume full responsibility for the Group’s financial strategy, encompassing capital management, financial planning, investor relations, and financial integrity across the diversified holding company.
Odu’a Investment Company Limited is the investment vehicle for the six South-West States of Nigeria: Oyo, Ondo, Ogun, Osun, Ekiti, and Lagos.