Odu’a Investment records 102% growth

Odu’a Investment Company Limited has recorded a growth of 102 per cent in its operating profit in the year ended 2021.

Chairman of Southwest-owned strategic investment and asset management firm, Segun Aina, made this known during the company’s 41st Annual General Meeting in Lagos.

He said the company has successfully navigated through some monumental challenges posed by the COVID-19 pandemic to emerge better and stronger.

“I knew that the first thing to do is that, one has to transform the company from the position it was at the time to a new position. My expectation was that this was going to be real hard work and that I had to devote a lot of time and attention to leading the board in achieving the kind of mandate that we were given when we were appointed,” he said.

Aina also hailed the South West governors, who are the patrons of the company, for the foresight of constituting a board of directors with enterprising ideas that have driven the firm’s strategic five-year plan.

“We all had a common purpose – the growth and development of this company. We see it as an opportunity, as a great privilege to be invited to even serve on the board, as for me to serve as the chairman, it was a great privilege, and we did our best.

“With the people that we had on the ground and the support of the government, we were able to move the company from where we met it about two years ago to a level where people are now hearing a lot of good things about Odu’a, to a level that we are now linking up more with international partners who are looking at us as potential partners,” he added.

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