….Tola Kasali from Lagos becomes chairman, as Ashiru steps down after 4-year tenure
Odu’a Investment Company Limited, owned by six South West states, is targeting ₦1 trillion total assets by 2030 following the launch of 30 by 2030″ growth strategy, a roadmap officially known as SRC 2.0 (2026–2030).
This is coming as Bimbo Ashiru steps down after four years as the group chairman, while Tola Kasali, a medical doctor from Lagos State, takes over as chairman.
However, addressing shareholders, which included Oyo, Ogun, Ondo, Ekiti, Osun and Lagos states, at the conglomerate’s 44th annual general meeting, the company’s operating revenue rose sharply by 78% to ₦20.22 billion for the 2025 financial year, up from ₦11.34 billion recorded in 2024.
The outgroup chairman said Profit before tax surged by an extraordinary 410 % to ₦23.58 billion, compared to ₦4.62 billion in the preceding year, driven largely by fair value gains on
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