Heirs Holdings Appoints Obinna Ufudo and Sola Yomi-Ajayi as Non-Executive Directors to Strengthen Board Governance

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Heirs Holdings has announced the appointment of Mr. Obinna Ufudo and Mr. Sola Yomi-Ajayi as Non-Executive Directors, a strategic move aimed at reinforcing the Group’s corporate governance framework and enhancing strategic oversight across its diverse investment portfolio.
The appointments bring to the Board two seasoned professionals with extensive experience in finance, investment management, infrastructure development and corporate leadership. Heirs Holdings, a leading African investment company with interests in financial services, energy, power, hospitality, real estate and healthcare, said the new directors will support the Group’s long-term growth and value creation objectives.
Mr. Ufudo is a highly respected finance and accounting professional with decades of experience in financial advisory, audit, risk management and corporate governance. Over the course of his career, he has advised multinational corporations, financial institutions and public sector organisations on financial reporting, regulatory compliance and strategic transformation. His appointment is expected to further strengthen financial oversight and governance discipline at Board level.
Mr. Yomi-Ajayi brings a strong background in infrastructure development, project finance and investment strategy. He has played key roles in structuring and executing large-scale projects across critical sectors, particularly energy and infrastructure. His experience is considered highly relevant to Heirs Holdings’ investments in capital-intensive and growth-oriented sectors, including power and energy.
According to Heirs Holdings, the appointments reflect its deliberate focus on building a diverse, competent and independent Board capable of providing effective oversight and strategic direction as the Group expands its operations across Africa. The company noted that strong governance remains central to its investment philosophy and its commitment to sustainable, long-term impact.
Founded by entrepreneur and philanthropist Tony O. Elumelu, Heirs Holdings has positioned itself as a catalyst for Africa’s economic development through investments that combine commercial success with positive social impact. The addition of Ufudo and Yomi-Ajayi to the Board further reinforces the Group’s institutional strength and alignment with global best practices in corporate governance.
With the new appointments, Heirs Holdings said it is well positioned to navigate emerging opportunities and challenges across its portfolio, while maintaining a strong focus on accountability, transparency and sustainable growth.
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Heirs Holdings has appointed Obinna Ufudo and Sola Yomi-Ajayi as Non-Executive Directors to its Board, strengthening corporate governance, strategic oversight and long-term value creation across its African investment portfolio.

Heirs Holdings names Obinna Ufudo and Sola Yomi-Ajayi as Non-Executive Directors, reinforcing board governance, strategic oversight and sustainable growth across its diverse African investments.


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