Leading pan-African investment company, Heirs Holdings, has announced the appointment of Mr Obinna Ufudo and Mrs Sola Yomi-Ajayi as Non-Executive Directors.
The company said the appointments reflect its ongoing commitment to strong corporate governance, deep sector expertise and long-term value creation across its diverse investment portfolio.
According to Heirs Holdings, the new directors bring decades of experience spanning finance, energy, governance and global markets, which will further strengthen the group’s leadership and strategic oversight.
Sola Yomi-Ajayi has over 30 years of experience in financial services, regulatory engagement, enterprise risk management and corporate governance. She previously served as an Executive Director at United Bank for Africa (UBA), where she also held roles as Chief Executive Officer for UBA’s International Business and Country CEO for UBA America.
She currently sits on the boards of UBA United Kingdom (UK) and the Business Council for International Understanding (BCIU), and is a member of the OECD Blue Dot Network Executive Consultation Group. She has also served on the Sub-Saharan Africa Advisory Committee of the United States Export-Import Bank (US EXIM) and on the Board of Trustees of the Institute of International Banking in the United States.
Yomi-Ajayi holds a Master of Business Administration degree from Aberdeen Business School, Robert Gordon University. She is a Fellow of the Chartered Management Institute (UK), a member of the Association of MBAs, and holds a Corporate Governance Certificate from Wharton Business School, University of Pennsylvania, as well as a Leadership Certificate from Harvard Business School.
Obinna Ufudo brings over 30 years of leadership experience across banking, investment, energy and corporate transformation. He previously served as Executive Director and Chief Operating Officer at Heirs Holdings and was President and Group Chief Executive Officer of Transnational Corporation of Nigeria (Transcorp).
During his tenure at Transcorp, Ufudo led a successful turnaround of the group and oversaw the landmark acquisition of the Ughelli Power Plant. He is also the Founder and Chairman of Atiat Leasing Limited and Co-Founder and Chairman of LoanBook Limited.
Ufudo holds advanced executive and postgraduate qualifications from the Wharton School, University of Reading—where he was a Chevening Scholar—and IESE Business School. He is a Fellow of the Chartered Institute of Bankers of Nigeria.
Commenting on the appointments, Founder and Group Chair of Heirs Holdings, Mr Tony O. Elumelu, CFR, expressed confidence in the value the new directors will bring to the group.
“We are pleased to welcome Obinna Ufudo and Sola Yomi-Ajayi to the Board of Heirs Holdings. Both Obinna and Sola are role models for Africapitalism. Their depth of experience and track records will further support our leadership in pan-African proprietary investment; together, they bring highly relevant experience for our portfolio development,” Elumelu said.
