VFD Group Plc has appointed Mr. Azeez Adetayo, FCA, as its Acting Chief Financial Officer (CFO), marking a significant leadership change within the company’s finance department. The appointment, which took effect immediately, was officially announced through a regulatory filing with the Nigerian Exchange Limited (NGX) and shared with shareholders and the public. This move follows the departure of the company’s substantive CFO, with Adetayo stepping in to ensure seamless continuity in financial oversight and strategic management.
Adetayo assumes the role from his previous position as Financial Controller and Senior Finance Manager, where he played a pivotal role in managing VFD Group’s financial operations. His appointment reflects the company’s confidence in his proven track record and extensive expertise. With over 10 years of experience in financial management, corporate reporting, investment management, treasury operations, sustainability reporting, internal controls, and strategic finance, Adetayo is well-equipped to lead the finance function during this transition.
Throughout his career, Adetayo has led major finance transformation initiatives, strengthened financial control frameworks, and supported business expansion across multiple sectors. His professional background includes deep expertise in financial strategy, capital management, enterprise risk management, regulatory compliance, and stakeholder reporting. Notably, he previously worked at Deloitte Nigeria, where he gained valuable experience in corporate governance and financial advisory, further enhancing his credentials.
The company emphasized that Adetayo’s leadership will help maintain strong financial discipline and support the execution of VFD Group’s long-term strategic goals. In its official statement, VFD Group expressed confidence in his ability to guide the finance team effectively during the transition period. “The Company is confident that Mr. Adetayo’s experience and leadership will further strengthen the finance function and support the execution of VFD Group’s strategic objectives,” the filing stated.
This leadership transition underscores VFD Group’s commitment to robust corporate governance and operational continuity. As a proprietary investment company with diverse interests in financial services, technology, real estate, energy, and other high-growth sectors, VFD Group continues to prioritize stability and strategic growth. The appointment of Adetayo as Acting CFO signals the company’s readiness to navigate ongoing challenges and capitalize on emerging opportunities in Nigeria’s evolving economic landscape.
Leave a Comment