Business

Akinwumi becomes Chairman of Odu’a Investment Company

Odu’a Investment Company Limited has appointed a new Chairman. He is Engr. Olusola Akinwumi.

Until his appointment, Akinwumi was the Director representing the Osun State on the Board of the Odu’a Group.

Odu’a is a conglomerate jointly owned by the six states of the South

A statement by the company said “Engr. Akinwumi took over the mantle of leadership effective from Thursday, December 7, 2017 from Chief Segun Ojo, whose successful tenure as Chairman has now expired. Chief Segun Ojo, however, remains a member of the Board”.

The statement reads further: “Engr. Akinwumi who joined Odu’a in September 2016 now assumes the Chairmanship of the Board. A versatile and resourceful team player, Engr. Akinwumi is an accomplished administrator of note who shares the company’s vision, mission, values and goals. He is committed to the upliftment and sustainability of the business objectives of Odu’a Group; and our proud shareholder and stakeholder heritage.

“Our new Chairman holds a degree in Technical Engineering from the Council of Engineering Institution, London [CEI]. He is a member of the Council for the Regulation of Engineering in Nigeria [COREN], member, Nigerian Society of Engineers [mnse] and a fellow of Highway and Traffic Technical Association, London.

“Engr. Akinwumi has served previously on the Board of companies within and outside Odu’a Group. He was a Director with Wemabod Estates Ltd (1980-1982) and Chairman (1992-1993), Chairman, Investment and Credit Corporation of old Oyo State, Chairman Africana Breweries Limited, Secretary to the Osun State Government (1999-2003) and Director on the Board of Nigerite Limited (2012-2016).

“His past administrative and corporate exposure gives him a good spectrum of expertise that is indispensable towards leading Odu’a Group on the desired trajectory of Growth, Profitability and Sustainability.

“Engr. Akinwumi is happily married with children”.

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