Odu’a Investment Company Limited (OICL) has appointed Mr. Abiodun Olamide Bamiduro as its Executive Director and Group Chief Financial Officer (GCFO), with effect from January 2, 2026.
The appointment, announced in a statement by the company, underscores OICL’s commitment to strengthening its financial leadership and promoting talent from within the organisation.
Mr. Bamiduro, a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), was until his appointment the Group Financial Controller of OICL, a position he has held since 2021. During this period, he played a critical role in enhancing the company’s financial governance and operational efficiency.
Notably, he led the committee that secured OICL’s first-ever credit rating by Agusto & Co, chaired the implementation of a cost-saving, group-wide Enterprise Resource Planning (ERP) system, and established 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.
“His exemplary leadership in strengthening 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 said.
Before joining OICL, Mr. Bamiduro spent over two decades in the energy sector, including 15 years with Transocean, a global offshore drilling company. At Transocean, he rose to the position of 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 professional experience 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 speaking on the appointment, the Group Managing Director of OICL, Mr. Abdulrahman Yinusa, said the decision reflects the company’s culture of recognising and rewarding excellence.
“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 stated.
In his new role, Mr. Bamiduro will join the Board of OICL and oversee the Group’s 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 holding company jointly owned by 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.
