Unilever Nigeria Strengthens Leadership with New Executive Director

Unilever Nigeria Plc has appointed Modupe Femi-Okunbanjo as an Executive Director following the resignation of Ibrahim Sodipe, with the appointment taking effect from June 30, 2026.

The company announced the leadership change in a regulatory filing on Monday, thanking Sodipe for his contributions during his tenure and highlighting his role in strengthening the company’s financial performance.

According to Unilever Nigeria, Sodipe played a key role in improving turnover and profitability, helping position the company for sustainable and profitable growth.

Experienced Finance Leader Joins Board

In announcing Femi-Okunbanjo’s appointment, Unilever Nigeria described her as a seasoned finance executive whose career has been defined by trust, transparency and transformation.

“Modupe’s career reflects a consistent theme: finance as a driver of trust, transparency, and transformation,” the company said.

It noted that throughout her career, she has consistently delivered margin expansion, strengthened governance and internal control frameworks, and led business transformation initiatives, even in challenging macroeconomic environments.

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The company also highlighted her commitment to talent development and promoting financial literacy among younger generations.

Strong Track Record Across Multiple Industries

Femi-Okunbanjo joined Unilever Nigeria in 2018 after building extensive experience across several leading organisations.

Before joining the consumer goods company, she held senior finance roles at UAC of Nigeria Plc, Helios Towers Nigeria, and Makasa Sun Nigeria Limited.

During her career, she has been credited with establishing robust financial control frameworks, eliminating revenue leakages, driving operational digitisation and embedding strong financial discipline across organisations.

Professional Qualifications

Femi-Okunbanjo is 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 earned a Master of Business Administration (MBA) with a specialization in Strategy from Edinburgh Business School, Heriot-Watt University, United Kingdom.

Her appointment reinforces Unilever Nigeria’s focus on strengthening its leadership team as the company continues to pursue operational excellence, sustainable growth and long-term value creation for shareholders and other stakeholders.