Leadership at Odu’a Investment Company Limited
Appointed in June 2022, Otunba Ashiru has driven a bold strategic transformation agenda focused on repositioning legacy assets into sustainable, income-generating investments with global relevance.
Notable Achievements
Revenue Growth: Achieved a 7% increase in operating revenue for the 2023 financial year.
Real Estate Expansion: Spearheaded the strategic consolidation and revival of assets under Wemabod Limited, with ambitious targets for warehousing, commercial hubs, and residential developments.
Modernization & Governance: Introduced strong fiscal discipline, innovation-driven initiatives, and governance frameworks aligned with global best practices.
Professional Background
Banking & Financial Services
Otunba Bimbo Ashiru spent over two decades in the banking sector, most notably at Stanbic IBTC Bank, where he held several senior leadership positions, including:
Regional Coordinator
Country Director, Personal & Business Banking
Group Head, Public Sector
His banking career was marked by strategic growth, deep public-sector financing expertise, and strong institutional leadership.
Public Service
He served as Commissioner for Commerce and Industry, Ogun State, for two consecutive terms (2011–2018). During this period, he significantly expanded the state’s industrial base, strengthened investor confidence, and enhanced Ogun State’s competitiveness. His exceptional performance earned him the “Commissioner of the Year” recognition.
Education & Professional Affiliations
Education
Bachelor’s Degree in Marketing, Purchasing & Supply
Master’s Degree in Strategic Management
Professional Fellowships
Fellow, Chartered Institute of Bankers of Nigeria (CIBN)
Fellow, National Institute of Marketing of Nigeria (NIMN)
Fellow, Chartered Institute of Commerce of Nigeria
Personal Life
Otunba Bimbo Ashiru was born in Ijebu-Ode, Ogun State, into the illustrious Ashiru family. He is married to Olukemi Ashiru, a legal practitioner, and they are blessed with children.
Landmark Corporate & Sectoral Impact
Under his board leadership, Odu’a Investment has strengthened its footprint across real estate, hospitality, agriculture, financial services, energy, manufacturing, healthcare, and ICT, reinforcing its role as a key driver of regional economic development.
Core Subsidiaries & Strategic Investments
Real Estate
Wemabod Limited
Westlink Todo Construction Limited
Hospitality
Lagos Airport Hotel Limited
Western Hotels Limited
Lafia Hotel
Agribusiness
SWAgCo Limited (South West Agriculture Company)
WestLink Integrated Agriculture
Financial Services
Glanvill Enthoven Insurance Brokers & Pensions Consultants
Energy & Power
E&O Power and Equipment Leasing Limited
BITA Exploration and Production Company Limited (Oil & Gas)
Manufacturing & Industrial
Cocoa Industries Limited
Ire Clay Products Limited
Technology
SWIT Limited
Healthcare
Iwosan Investments Limited (partner in Lagoon Hospitals and Lagos MediPark)
ACE Awards 2026 – Lifetime Recognition
The ACE Awards proudly recognize Otunba Bimbo Ashiru for his exceptional lifetime contributions to Nigeria’s economic development.
Through visionary board leadership, financial expertise, and institutional reform, he has distinguished himself as one of Nigeria’s most impactful corporate leaders.
Award Title
Lifetime ACE Award 2026
Outstanding Captain of Industry & Exceptional Board Chairman in Nigeria
This honour celebrates his enduring legacy of excellence, integrity, and transformative leadership across both public and private sectors.
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