Odu'a Investment Company Limited (OICL) has announced a significant leadership change with the internal promotion of Abiodun Bamiduro to the position of Group Chief Financial Officer (GCFO) and Executive Director.
A Strategic Promotion from Within
The appointment, which was officially confirmed in a statement by the Head of Branding and Corporate Communications, Victor Ayetoro, took effect from January 2, 2026. This move highlights the company's commitment to recognizing and rewarding internal talent. Bamiduro, a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), was elevated from his previous role as OICL's Financial Controller, a position he had held since 2021.
The Chairman of OICL, Bimbo Ashiru, praised Bamiduro as a strategic business leader with a deep understanding of the company's vision. Ashiru expressed the Board's full confidence that Bamiduro's exemplary leadership in enhancing financial governance and operational efficiency would provide the strategic stewardship needed for the company's next growth phase and value delivery to shareholders.
Extensive Experience in Energy and Finance
Before joining Odu'a Investment, Abiodun Bamiduro built an impressive career spanning over two decades in the energy sector. His most notable tenure was a 15-year period at Transocean, a leading global offshore drilling contractor.
At Transocean, he achieved a historic milestone by becoming the first Nigerian and African to assume full financial responsibility for one of the company's largest operational regions, serving as Finance Manager for Nigeria and Africa Remote Operations. His professional expertise is broad, covering areas such as:
- Financial control and reporting
- Treasury and capital management
- Taxation strategy
- Complex financial integrations
Vision for the Future and Board Role
In his new capacity as GCFO, Bamiduro will join the Board of Odu'a Investment Company Limited. His core responsibilities will involve overseeing the Group's comprehensive financial strategy. This includes:
Capital management to ensure optimal funding for operations and growth. Financial planning and analysis to guide strategic decisions. Managing investor relations to communicate value and performance. Upholding financial integrity across the company's diversified portfolio of investments.
Group Managing Director, Abdulrahman Yinusa, stated that the appointment reflects the group's core practice of rewarding exceptional talent. He highlighted that Bamiduro's strategic financial expertise has already been pivotal in strengthening OICL's strategic plan, and expressed confidence in his ability to support accelerated growth and sustainable value creation for all stakeholders.
