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UAC Nigeria Appoints Oriola Group Finance Director

By Modupe Gbadeyanka

Corporate finance expert, Mr Ibikunle Ibiyinka Oriola, has been appointed as the Group Finance Director of UAC of Nigeria Plc.

Mr Oriola is an Institute of Chartered Accountants of Nigeria (ICAN) qualified accountant with a BSc degree in Finance from the University of Lagos and also an ICAN merit award winner.

The board of the company said it expects him to deploy his rich experience to the development and implementation of appropriate finance strategies to uplift productivity and business performance across the UAC group.

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Mr Oriola is a seasoned professional with 17 years’ experience gained from diverse functional roles covering finance, strategy, risk management and corporate finance.

He has provided strategic finance leadership driving transformational and growth agenda of conglomerate businesses spanning several sectors such as hospitality, real estate, power, agriculture and asset/funds management.

The appointee worked as Group Chief Finance Officer (CFO), Asset & Resource Management Holding Company Limited where he had oversight on the group’s finance function.

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Prior to that, he was the Group CFO of Transnational Corporation of Nigeria Plc and was responsible for executing a broad range of finance and ancillary roles.

Mr Oriola has extended corporate finance experience gained as a transaction adviser working with Ecobank Capital and KPMG.

He was seconded to KPMG UAE for 15 months in 2007 where he worked on several infrastructure finance projects.

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He also previously worked with Kakawa Discount House (Now FBN Merchant Bank) and Asset & Resource Management Company.

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Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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