Heirs Holdings has appointed Obinna Ufudo and Sola Yomi-Ajayi as non-executive administrators, strengthening the board of the pan-African funding firm because it deepens its give attention to governance and portfolio growth throughout key sectors.
The appointments, introduced on Monday, deliver a long time of expertise in banking, power, threat administration, and worldwide markets to the Lagos-based agency, which has investments spanning energy, monetary companies, know-how, and healthcare throughout Africa and past.
Yomi-Ajayi, a former government director at United Financial institution for Africa Plc, has greater than 30 years of expertise in monetary companies and regulatory engagement. She beforehand served as chief government officer of UBA’s worldwide enterprise and as nation CEO of UBA America.
She at present sits on the boards of UBA UK and the Enterprise Council for Worldwide Understanding, and is a member of the OECD Blue Dot Community Government Session Group, which focuses on requirements for sustainable infrastructure funding.
She has additionally suggested the US Export-Import Financial institution by its Sub-Saharan Africa Advisory Committee and served on the board of trustees of the Institute of Worldwide Banking within the US. Yomi-Ajayi holds an MBA from Robert Gordon College within the UK and has government coaching from Wharton and Harvard Enterprise Faculties.
Ufudo, who beforehand served as government director and chief working officer at Heirs Holdings, returns to the group’s board with greater than three a long time of management expertise throughout banking, funding, and power. He was president and group chief government officer of Transnational Company of Nigeria Plc, the place he oversaw a turnaround and led the acquisition of the Ughelli Energy Plant, one among Nigeria’s largest thermal energy property.
He’s the founder and chairman of Atiat Leasing Ltd. and co-founder and chairman of LoanBook Ltd., a digital lending platform. Ufudo holds postgraduate and government {qualifications} from the Wharton College, the College of Studying, and IESE Enterprise College, and is a fellow of the Chartered Institute of Bankers of Nigeria.
Tony Elumelu, founder and group chairman of Heirs Holdings, stated the appointments align with the corporate’s long-term funding philosophy. “Their depth of expertise and monitor information will additional help our management in pan-African proprietary funding,” Elumelu stated, including that each administrators embody the group’s Africapitalism ethos, which emphasises private-sector-led growth on the continent.
Based by Elumelu, Heirs Holdings is one among Africa’s most distinguished personal funding teams, with pursuits in power and energy technology, banking and insurance coverage, know-how, actual property, hospitality, and healthcare. The group operates in 24 nations and positions itself as a long-term investor targeted on constructing scalable companies with financial and social affect.
