Heirs Holdings Appoints Obinna Ufudo, Sola Yomi-Ajayi as Non-Executive Directors
On January 26, 2026 — Leading pan-African investment company, Heirs Holdings, has announced the appointment of Obinna Ufudo and Sola Yomi-Ajayi as Non-Executive Directors, reinforcing the Group’s commitment to strong corporate governance and strategic leadership.
The appointments bring to the Board decades of experience spanning finance, energy, governance, and global markets.
Sola Yomi-Ajayi has over 30 years of experience in financial services, regulatory engagement, governance, and enterprise risk management. She previously served as an Executive Director of United Bank for Africa (UBA), where she was also CEO for UBA’s International Business and Country CEO for 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 previous roles include membership of the Sub-Saharan Africa Advisory Committee of the U.S. Export-Import Bank (US EXIM) and service on the Board of Trustees of the Institute of International Banking (USA). She holds a Master of Business Administration 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 holds a Corporate Governance Certificate from Wharton Business School, University of Pennsylvania, and a Leadership Certificate from Harvard Business School.
Obinna Ufudo brings over 30 years of leadership experience across banking, investment, energy, and corporate transformation. He previously served as Executive Director and Chief Operating Officer of Heirs Holdings, and as President and Group CEO of Transnational Corporation of Nigeria (Transcorp), where he led a successful turnaround and oversaw 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. Ufudo holds advanced executive and postgraduate qualifications from The Wharton School (AMP), University of Reading (MSc, 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 Obinna and Sola are role models for Africapitalism. Their depth of experience and proven track records will further strengthen our leadership in pan-African proprietary investment and support the continued growth of our portfolio.”
Heirs Holdings is a leading pan-African investment company with a diversified portfolio spanning energy, power, banking, insurance and financial services, technology, real estate, hospitality, and healthcare, operating across 24 countries worldwide.
The Group is inspired by Africapitalism—the belief that the private sector is the key driver of economic growth and social wealth creation in Africa. Guided by this philosophy, Heirs Holdings invests for the long term, deploying strategic capital, sector expertise, and operational excellence to drive sustainable value across its portfolio companies.
