Custodian Investment Offers Assistance to Households Affected by Ibadan Explosion

NEWS

Custodian Investment Plc (CIP) is a leading Nigerian conglomerate listed on the Nigerian Exchange Limited (NGX). As a visionary organization with significant achievements, CIP distinguishes itself with substantial holdings in reputable companies such as Custodian and Allied Insurance Ltd, Custodian Life Assurance Ltd, Custodian Trustees Ltd, CrusaderSterling Pensions Ltd, UPDC Plc, UPDC Facilities Management Ltd, Interstate Securities Ltd, and UPDC Festival Hotel Ltd. These companies consistently deliver top-tier services in their respective sectors.

With over $1.1 Billion in group-wide assets under management (AUM), the company demonstrates its commitment to continuously enhance its businesses, structures, systems, and processes. This dedication ensures our ability to stay ahead of the challenges posed by new growth while improving business prospects, transparency, and governance standards.

As part of its corporate social responsibility, Custodian Investment Plc has concluded arrangements to provide assistance to households affected by the explosion that rocked Ibadan, the Oyo State capital, recently.

According to a company statement, Custodian Investment aims to reach out to affected families in the Bodija area of the city by encouraging them to register on a specially created site. While the initial target was to assist around 100 families, the statement said over 1,000 families have already registered.

“We promised to keep the registration site open until Friday, 26th. Subsequently, we will conduct a verification process using lists obtained from the two residential associations in the area. After verification, we intend to disburse funds to the designated accounts provided by the households,” the statement explained. The recent explosion in the Oyo State capital caused widespread confusion and panic, resulting in collapsed buildings, burned vehicles, shattered windows, and ceilings.

The impact extended to various neighborhoods, including Mokola, Oke Itunu, Apete, Omi Adio, Idi Isin, Agbowo, Eleyele, Orogun, and the University College Hospital (UCH). As of now, five casualties have been confirmed, with 77 reported injuries. Most of the injured individuals have received medical attention and been discharged. Additionally, approximately 58 houses and an unverified number of vehicles were damaged by the incident.

Director

Ibrahim Dikko

Mr. Dikko obtained his LL.M [Corporate & Commercial Law] degree from the Queen Mary & Westfield College, University of London, England after obtaining his LL.B from the University of Buckingham, England. He was called to the Nigeria Bar in 1990.
He has worked in a variety of roles and industries that span corporate finance, banking and information technology and telecommunications.
He worked in Kenneth Michael & Co between 1991 and 1992 and was on the team responsible for setting up the first discount house in Nigeria as was chairman of the discount house from 2002 – 2012. He also worked an Executive Director in Resourcery Plc. from 2000 to 2007 and is currently Vice President (Regulatory & Corporate Affairs) with EMTS Ltd (trading as Etisalat Nigeria).

CEO

Olubunmi Aderemi

Bunmi is the pioneer Chief Executive of CSRF, a position she is well suited for having been in charge of Custodian’s CSR initiatives from inception.
Prior to her appointment in 2015, she was Head of Management Services Directorate of Custodian and Allied Insurance Limited for a couple of years and before then, Head of Admin/Corporate Affairs for six years. She was the pioneer Head of HR/Administration of Custodian and Allied Limited, a position she held for nine years.
Bunmi is an Associate of the Chartered Institute of Personnel Management and a Member of the Nigerian Institute of Management, having earlier obtained a first degree in Economics followed by a Master of Business Administration (MBA) degree both from the University of Lagos.
She has attended a few courses including the Advanced Management Program of the Lagos Business School in 2002 and Essentials of Leadership program at the London Business School in 2014.

Chairman

Mimi Ade-Odiachi

Mrs. Mimi Ade-Odiachi holds a B.Sc in Insurance from University of Lagos [1984].She is a Chartered Insurer as well as an alumna of Lagos Business School. She established Omar Gardens Floral Company in 1990 and thereafter grew the Company from a simple floral Company to an award-winning landscaping business.
She started her career at Royal Exchange Assurance Nigeria in 1985. Apart from being a member of the Board of Trustees of Custodian Social Responsibility Foundation, she is the CEO/Managing Director of Omar Gardens Floral Company.
She is also a Director on the Board of Whispering Palms Hotel and a member of the Board of Trustees of Bonas Macfarlane Nigeria.