Group Strengthens Board, Appoints Adebajo As Non-Executive Director

FCMB Group Plc has appointed Adepeju Adebajo as an independent non-executive director to its Board, following approval from the Central Bank of Nigeria.

The group said the appointment reflects its commitment to strengthening corporate governance and enhancing leadership capacity to support innovation, inclusivity and sustainable growth.

Adebajo brings over 30 years of experience spanning industry, renewable energy, agriculture, finance and consulting across Sub-Saharan Africa and Europe.

She is widely recognised for her expertise in business transformation, strategy development, operational efficiency and ESG implementation, having led organisations through major turnaround and growth initiatives.

Her professional background includes leadership roles as CEO of Cement at Lafarge Africa Plc, as well as chief executive positions at UTC Nigeria, Mouka Limited and Lumos Nigeria.

She also previously served as Assistant General Manager at United Bank for Africa Plc.

Earlier in her career, she worked with Boston Consulting Group, supporting clients in Europe, London and the United States on business transformation initiatives, and also worked with Citibank in London.

Adebajo founded Pinky Blue Limited, the exclusive franchisee of Mothercare in Nigeria, and served as Commissioner for Agriculture in Ogun State between 2017 and 2019.

She is also active in climate and sustainability advocacy, having founded the Climate Governance Initiative Nigeria and serving on the World Economic Forum Global Future Council on Climate and Nature Governance.

Her academic and executive training includes programmes at Harvard Business School, Imperial College London, INSEAD, the University of Cambridge and the Massachusetts Institute of Technology Sloan School of Management.

She currently chairs the Board of the Lagos State Employment Trust Fund and also serves on the boards of Ibstock Plc, Wolseley Limited and Husk Power Systems.

The Board of FCMB Group said her wealth of experience in transformation, strategy execution and sustainability will further strengthen the Group’s leadership and support its long-term growth objectives in the Nigerian market.