Unilever Nigeria appoints Femi-Okunbanjo as executive director

Unilever Nigeria has announced the appointment of Modupe Femi-Okunbanjo as an executive director, effective June 30, 2026.

The announcement follows the resignation of Ibrahim Sodipe, former executive director, from the board, as contained in a notice sent to Nigeria Exchange Limited.

Femi-Okunbanjo currently serves as financial controller for Nigeria and regional controls lead for West Africa at Unilever Nigeria Plc. In this role, she is responsible for financial governance, regulatory compliance, enterprise risk management, and driving financial discipline across the region.

A chartered accountant with over 15 years of experience in the fast-moving consumer goods (FMCG) and telecommunications sectors,she began her career at KPMG, where she gained a strong foundation in audit, financial reporting, and internal controls. She has since built a distinguished reputation for steering finance teams, shaping strategic initiatives, and strengthening risk management frameworks.

She is noted for promoting ethical leadership and data-driven decision-making, while elevating financial reporting standards, audit excellence, and overall governance structures to drive sustainable growth and long-term value creation.

Before joining Unilever Nigeria in 2018, Femi-Okunbanjo held key roles at UAC Plc, Helios Towers Nigeria, and Makasa Sun Nigeria Limited. She pioneered robust control frameworks, eliminated revenue leakages, digitised operations, and instilled financial discipline across organisations operating in challenging macroeconomic environments.

She is an alumnus of Lagos State University, where she holds a bachelor’s degree in accounting and an MBA specializing in Strategy from Edinburgh Business School, Heriot-Watt University, United Kingdom. She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a member of the Chartered Institute of Management Accountants (CIMA).

Okunbanjo is a leader passionate about leading finance transformations, with a strong commitment to talent development and advancing financial literacy.

The appointment is expected to further strengthen Unilever Nigeria’s financial leadership and corporate governance as the company continues to navigate Nigeria’s dynamic business environment.