Odu'a Investment inaugurates Kasali as chairman
Analysis based on 7 articles · First reported Aug 02, 2026 · Last updated Aug 04, 2026
The leadership transition is expected to maintain strategic continuity and investor confidence in Odu'a Investment, given the outgoing chairman's successful tenure and the new chairman's commitment to the SRC 2.0 growth plan. The ambitious targets for profit and assets by 2030 could positively influence the company's valuation and creditworthiness, though the company is not publicly listed.
Odu a Investment Company formally inaugurated Dr. Tajudeen Tola Kasali as its new Group Chairman during a Board of Directors meeting on July 30, 2026, following the announcement of his appointment at the company's 44th Annual General Meeting on June 26, 2026, at the redeveloped Premier Hotel, Ibadan. Kasali succeeds Otunba Bimbo Ashiru, whose four-year tenure ended in line with the company's rotational chairmanship policy among its six shareholder states in South-West Nigeria. Ashiru will remain on the board until 2028 to ensure continuity. Kasali, a medical practitioner and former Nigeria — Lagos State Commissioner, has been a director since 2020. His immediate priority is the implementation of the SRC 2.0 Strategic Framework (2026-2030), which targets ₦30 billion in cash-backed profit before tax, ₦1 trillion in total assets, and ₦50 billion in group revenue by 2030. Under Ashiru's leadership, the company achieved a record profit before tax of ₦23.58 billion for 2025, completed the SRC 1.0 framework, redeveloped Premier Hotel, and secured a credit rating upgrade from Agusto & Co. from A+ to Aa-.
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