The Board of Unilever Nigeria PLC has accepted the resignation of Mr Ibrahim Sodipe as an Executive Director of the Company with effect from 30th June 2026, and approved the appointment of Mrs Modupe Femi Okunbanjo as an Executive Director. She is billed to resume with immediate effect.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The Board of Directors expresses its sincere appreciation to Mr Ibrahim Sodipe for his valuable service and significant contributions to the Company, particularly in driving improved turnover & profitability and supporting Unilever Nigeria’s continued progress towards sustainable and profitable growth.
Modupe Femi-Okunbanjo is an accomplished finance and governance leader. For more than 15 years, she has steered finance teams, shaped strategy, and strengthened risk management frameworks in the fast-moving consumer goods and telecommunications sectors.
Currently the Financial Controller, Nigeria and Regional Controls Lead for West Africa at Unilever Nigeria Plc, she oversees financial governance, regulatory compliance, and enterprise risk management. Her work has been pivotal in embedding ethical leadership and data-driven decision-making at board level, while ensuring organisations remain resilient in the face of shifting market dynamics.
Modupe has established a reputation for elevating financial reporting, advancing audit excellence, and strengthening governance frameworks, thereby positioning organisations for sustainable growth and long-term value creation. In her previous roles, she has a consistent track record of delivering margin expansion, enhancing governance & control environments, and leading transformation in challenging macroeconomic conditions. She is equally committed to developing future talent and advancing financial literacy among younger generations.
Prior to her joining Unilever Nigeria Plc in 2018, Modupe held key roles at UAC of Nigeria Plc, Helios Towers Nigeria, and Makasa Sun Nigeria Limited, where she pioneered control frameworks from the ground up, eliminating revenue leakages, digitising operations and embedding financial discipline.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Member of the Chartered Institute of Management Accountants (CIMA), she holds a Bachelor’s degree in Accounting from Lagos State University and an MBA with Specialisation in Strategy from the Edinburgh Business School, HeriotWatt University, UK.
Modupe’s career reflects a consistent theme: finance as a driver of trust, transparency, and transformation.
Modupe is married to Mr. Olufemi Okunbanjo and they have two children.
Following the above appointment, the current Board composition of Unilever Nigeria Plc. is as follows:
Mrs. Modupe Femi-Okunbanjo – Executive Director
Mr. Bolaji Balogun – Chairman / Independent Non-Executive Director
Mr. Tobi Adeniyi – Managing Director
Mr. Michael Ikpoki – Independent Non-Executive Director
Mr. Ben Langat – Non-Executive Director
Mr. Chika Nwobi – Non-Executive Director
Ms. Ngozi Edozien – Independent Non-Executive Director
Mrs. Umma Yusuf Aboki – Independent Non-Executive Director
Mrs. Adenike Ogunlesi – Independent Non-Executive Director
Mr. Uchenna Nwakanma – Executive Director
