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By Samuel Adegoke
As expected, South West governors have picked private sector professionals as new directors of Odu’a Investments Limited who will serve as member of Board if Directors.
The board was dissolved in April to pave way for a new one that will be made up of people with deeper knowledge of business.
A statement by the Head, Corporate Affairs of the conglomerate Mr Victor Ayetoro said Dr Lawrence Segun Aina, who is the representative of Osun State, will chair the board.
Dr Aina is a former Executive Director (Operations and Technology), Ecobank PLC and Chairman, Fintech Associates. He will lead the other directors who are Chief Segun Ojo, a former Commissioner for Finance, Budget and Economic Planning in Ondo State; Dr. Tola Kasali who served as Commissioner for Rural Development in Lagos State between 2003-2007, Barrister Seni Adio (SAN) who is a Managing Partner, Copley Partners (Solicitors & Barristers); Mr. Olusegun Olujobi who is a former Accensure and Energy Industry player and Otunba Bimbo Ashiru who is a renowned banker and immediate past Commissioner for Commerce and Industry in Ogun State.
The appointment and inauguration of the new board of Odu’a was announced on Saturday by governors of owner states – Oyo, Ondo, Ogun, Osun, Ekiti and Lagos.
The Chairman, South West Governors’ Forum who is Ondo State Governor, Oluwarotimi Akeredolu (SAN), on behalf of the shareholders, expressed confidence in the individual capabilities of the board members. He said that their nominations were made after a careful consideration of their wealth of experience, integrity and deep knowledge of the business environment.
The governors charged them to contribute their competence and expertise towards the repositioning and restructuring of the organization in order to enhance performance, profitability and sustainable growth of the company’s business.
They were charged to ensure that the company delivers on its mandate to be the engine room for the economic development of South West Nigeria.