United Capital Appoints Experts To Boost Infrastructure Fund Impact

United Capital Plc has appointed four infrastructure experts to its Investment Committee of its United Capital Infrastructure Fund (UCIF).

The new members, De Buys Scott, Olubunmi Akinremi, Bola Bamidele, and Obinna Ufudo, bring fresh perspectives and decades of experience in infrastructure and investments.

The appointments aim to deepen UCIF’s governance and drive sustainable impact through its investments in power, industrial recycling, and renewable energy.

With investments in power, industrial recycling, and renewable energy, UCIF continues to deliver superior results, achieving a year-to-date gross return of 24.62%. The appointments have been confirmed following the ratification and clearance by the Securities and Exchange Commission.

Speaking on the announcement, the group chief executive officer of United Capital, Peter Ashade charged the new appointees to ensure sustainable growth and impact, while delivering consistent value to  investors.

“These appointments were made to deepen the Fund’s governance further and ensure that UCIF continues to drive sustainable impact through its investments.

“I welcome the newly appointed members of the Investment Committee and charge them to ensure sustainable growth and impact, while delivering consistent value to our investors.”

Ashade added that, “the appointees bring fresh perspectives, multinational exposure, and decades of multi-sector experience across infrastructure and investments.

“The appointees are: De Buys Scott appointed as chairman. Other independent members are Olubunmi Akinremi, Bola Bamidele and Obinna Ufudo.”

Also, the chief investment officer and fund manager at UCIF, Uche Mkparu said the company will be counting on the track record and wealth of experience of the appointees to steer UCIF’s strategic direction.

“We are delighted to welcome the new members to the Investment Committee and would be counting on their track record, wealth of experience across multiple jurisdictions and impeccable professional reputations to steer UCIF’s strategic direction as we scale investments that deliver competitive returns across Nigeria and Africa.”