Verod Capital Management, a West African private equity firm, has hired Wale Odusanya as a Vice President in its Lagos office and a Senior Deal Maker on its Investment Team.

Odusanya joins Verod from Stanbic IBTC Capital, where he spent the last 13 years, most recently as the Head of the Financial Advisory business.

He was involved in originating and executing M&As, divestitures and corporate restructurings and has completed transactions across key sectors in Nigeria, including sectors that overlap with Verod’s investment strategy, such as, financial services, consumer products and services, and manufacturing.

He brings strong relationships within the Nigerian corporate sector, as well as superior transaction experience and leadership skills from the preeminent investment banking firm in Nigeria.

He is a CFA charter holder and an associate member of Chartered Institute of Stockbrokers of Nigeria and the Institute of Chartered Accountants of Nigeria.

“Wale is a strong addition to our investment team”, said Danladi Verheijen, CEO of Verod.

“We are confident that with his years of high quality investment banking experience, Wale will dramatically enhance the Firm’s ability to source and execute attractive deals, as well as support exits, as we deliver on our promises to all our stakeholders.”

In addition, Verod has appointed Yanish Bondahjagalu as Chief Funds Operations Officer for the Group.

Bondahjagalu is based in Verod’s Mauritius Office and is responsible for operating Verod’s funds in accordance with the relevant fund’s policies and objectives, as well as, regulatory requirements.

His responsibilities cover investor servicing, financial reporting, audits, treasury management, tax, compliance and risk management.

In addition, Bondahjagalu will support the Internal Audit function across the Group.

Bondahjagalu joined Verod from Leapfrog Investments where he served as Chief Operating Officer (Mauritius) from 2015 to 2020.

Prior to his time at Leapfrog Investments, Yanish spent four years with Omega Global Mauritius from 2011 to 2015 in various roles including Chief Operating Officer.

He also spent three years as Associate Executive with International Financial Services Limited, Mauritius from 2007 to 2011.

He is a Fellow of the Association of Chartered Certified Accountants (ACCA, UK) and a member of the Mauritius Institute of Professional Accountants (MIPA).

Commenting on the appointment, Verheijen said: “We are delighted to welcome Yanish to the Verod team. The newly formed role of Chief Funds Operations Officer is an important piece of the investment platform that Verod continues to build to provide long term strategic partnerships with LPs who want to invest in our geographies. Yanish's background and experience make him the ideal candidate for the role.”