FCMB Group Plc has appointed Mrs Adepeju Adebajo as an Independent Non-Executive Director to its Board, following the approval of the Central Bank of Nigeria (CBN).
Mrs Adebajo brings over 30 years of experience across industry, renewable energy, agriculture, finance, and consulting to the FCMB Group Board.
She specialises in business transformation and turnarounds, with a strong record in strategy development, team leadership, and ESG implementation for clients in Sub-Saharan Africa and Europe.
Her background combines technical expertise and business insight, with degrees from Harvard Business School and Imperial College London, and further studies in Sustainability management.
She has led teams in a range of sectors, including as CEO Cement at Lafarge Africa, UTC Nigeria, Mouka Limited and Lumos Nigeria, and AGM at UBA Plc. Earlier in her career, she worked with Boston Consulting Group, supporting clients in London, Europe and the USA on business transformation and Citibank London.
Mrs Adebajo also founded Pinky Blue Limited, the exclusive franchisee of Mothercare UK in Nigeria, and served as Commissioner for Agriculture in Ogun State from 2017 to 2019.
She is passionate about climate and sustainability, founding the Climate Governance Initiative Nigeria and serving on the World Economic Forum’s Global Future Council on Climate and Nature Governance. Her leadership has been recognised by Cranfield University, LinkedIn, CNBC Africa and Harvard Business School.
Mrs. Adebajo has completed executive training at leading institutions, including the Advanced Management Programme at INSEAD, the Prince of Wales’s Business & Sustainability Programme at the University of Cambridge, AI for Business Strategy at Massachusetts Institute of Technology Sloan School and the Citibank Management Trainee Programme in London and New York.
She currently serves as Chair of the Board of the Lagos State Employment Trust Fund and sits on the boards of Ibstock Plc, a UK FTSE 250 manufacturing company, Wolseley Limited, a UK private equity-owned distribution company and Husk Power Systems, a Distributed Energy Resources company providing power to communities in the Global South. She is Transformation Lead for Etex Group in Nigeria (Nigerite and Emenite). She remains committed to increasing employment and employability, advancing the energy transition, sustainability, and mentoring women as an EMCC Qualified coach.
The Board of Directors welcomes Mrs. Adebajo and believes her wealth of experience in business transformation, strategy development, operational excellence, and ESG implementation will strengthen FCMB Group’s leadership and support its continued growth in the Nigerian market.
Her appointment reflects the Group’s ongoing commitment to maintaining a robust governance framework and building a leadership team that supports innovation, inclusivity, and responsible practices.
FCMB Group is a diversified financial services company, with interests in banking, consumer finance, investment banking, and investment management.
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