Purple Real Estate Income Plc (Purple) has announced strategic board changes and a significant capital infusion.
Alhaji Aminu Umar and Mr. Olasunkanmi Oladimeji have joined the board, bringing extensive experience in the Nigerian business landscape.
Their expertise and leadership will be invaluable as we navigate our strategic objectives, reposition the company given the ongoing economic challenges and strengthen our base whilst capitalizing on the emerging opportunities.
Alhaji Aminu Umar, a distinguished figure in the Nigerian business landscape, brings a wealth of experience as the Founder and CEO of Sea Transport Services Nigeria Limited.
His leadership has propelled Sea Transport Group to become West Africa’s primary transporter of crude and clean petroleum products, boasting a substantial market share in the petroleum movement in Nigeria.
Mr. Olasunkanmi Oladimeji is a seasoned investment professional with over 15 years of experience in Private Equity, Corporate Finance, Fundraising, and Transactions advisory.
He will assume the role of Executive Director, and Group Chief Operating Officer. His extensive background, including roles at PricewaterhouseCoopers, Access Bank and Synergy Private Equity Fund, positions him well to drive Purple’s operational excellence.
Commenting on the changes, the Chairman, Mrs Jumoke Akinwunmi, stated,
- “We are thrilled to welcome Alhaji Aminu Umar and Mr. Olasunkanmi Oladimeji to our board. Their expertise and leadership will be invaluable as we navigate our strategic objectives, reposition the company given the ongoing economic challenges and strengthen our base whilst capitalizing on the emerging opportunities. We thank Mrs. Osareme Archibong and Mrs. Fiona Ahimie for their contributions to Purple’s growth and achievements thus far.”
These changes reflect Purple Real Estate Income Plc’s commitment to fortifying its leadership team and capitalizing on new opportunities in the real estate sector.