Unilever Nigeria Plc has announced the appointment of Modupe Femi-Okunbanjo as an Executive Director. This appointment takes effect on 30 June, following the resignation of Ibrahim Sodipe from the role.
The company disclosed the new executive appointment in a regulatory filing on Monday. Unilever Nigeria praised Mr. Sodipe's significant contributions, noting his efforts in driving improved turnover and profitability, which supported the company's progress towards sustainable and profitable growth.
Unilever Nigeria Plc expressed strong confidence in Ms. Femi-Okunbanjo, highlighting her career as a reflection of trust, transparency, and transformation within the finance sector. The company stated that her background aligns with finance as a driver of these core values.
Ms. Femi-Okunbanjo is an accomplished finance and governance leader with more than 15 years of experience. She has led finance teams, shaped strategy, and strengthened risk management frameworks across the fast-moving consumer goods and telecommunications sectors.
Currently, she serves as the Financial Controller, Nigeria, and Regional Controls Lead for West Africa at Unilever Nigeria Plc. In this capacity, she oversees financial governance, regulatory compliance, and enterprise risk management for the region.
Her work has been instrumental in embedding ethical leadership and data-driven decision-making at the board level. She has also ensured the organisation's resilience amidst shifting market dynamics.
Ms. Femi-Okunbanjo has built a reputation for enhancing financial reporting, advancing audit excellence, and strengthening governance frameworks. These efforts have positioned organisations for sustainable growth and long-term value creation.
In her previous roles, she consistently delivered margin expansion, strengthened governance and control environments, and led transformation initiatives, even under challenging macroeconomic conditions. She is also dedicated to developing future talent and advancing financial literacy among younger generations.
Before joining Unilever Nigeria Plc in 2018, Ms. Femi-Okunbanjo held key positions at UAC of Nigeria Plc, Helios Towers Nigeria, and Makasa Sun Nigeria Limited. During these tenures, she pioneered control frameworks, eliminated revenue leakages, digitised operations, and embedded financial discipline.
She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Member of the Chartered Institute of Management Accountants (CIMA). Ms. Femi-Okunbanjo holds a Bachelor’s degree in Accounting from Lagos State University and an MBA with a specialisation in Strategy from the Edinburgh Business School, Heriot-Watt University, UK.