Heirs Holdings Appoints Obinna Ufudo, Sola Yomi-Ajayi as Non-Executive Directors

Leading pan-African investment company, Heirs Holdings, has announced the appointment of Obinna Ufudo and Sola Yomi-Ajayi as Non-Executive Directors to its Board. 

The appointments further reinforce Heirs Holdings’ commitment to strong corporate governance and deepen the Board’s expertise across finance, energy, global markets, and enterprise leadership.

Sola Yomi-Ajayi brings over three decades of experience spanning financial services, governance, regulatory engagement, and enterprise risk management. She previously served as an Executive Director at United Bank for Africa (UBA), where she was also CEO, International Business, and Country CEO, UBA America.

She currently sits on the boards of UBA United Kingdom (UK) and the Business Council for International Understanding (BCIU), and is a member of the OECD Blue Dot Network Executive Consultation Group. Her past roles include membership of the Sub-Saharan Africa Advisory Committee of the U.S. Export-Import Bank (US EXIM) and the Board of Trustees of the Institute of International Banking (USA).

Sola holds an MBA from Aberdeen Business School, Robert Gordon University, is a Fellow of the Chartered Management Institute (UK), and a member of the Association of MBAs. She also earned a Corporate Governance Certificate from Wharton Business School, University of Pennsylvania, and a Leadership Certificate from Harvard Business School.

Obinna Ufudo brings more than 30 years of leadership experience across banking, investments, energy, and corporate transformation. He previously served as Executive Director and Chief Operating Officer at Heirs Holdings, and as President and Group CEO of Transnational Corporation of Nigeria (Transcorp), where he led a successful corporate turnaround and executed the landmark acquisition of the Ughelli Power Plant.

He is the Founder and Chairman of Atiat Leasing Limited, and Co-Founder and Chairman of LoanBook Limited. Obinna holds advanced executive and postgraduate qualifications from the Wharton School (Advanced Management Program), University of Reading (M.Sc., Chevening Scholar), and IESE Business School (Executive MBA). He is also a Fellow of the Chartered Institute of Bankers of Nigeria.

Commenting on the appointments, Founder and Group Chair of Heirs Holdings, Tony O. Elumelu, CFR, said:

“We are pleased to welcome Obinna Ufudo and Sola Yomi-Ajayi to the Board of Heirs Holdings. Both are role models for Africapitalism, with depth of experience and proven track records. Their insights will further strengthen our leadership in pan-African proprietary investment and support the continued development of our diverse portfolio.”