About Us

Overview

Verod is active across various sectors, including but not limited to light manufacturing, consumer goods, business services, agriculture, education, healthcare and financial services.  Verod seeks to partner with companies with proven business models and high market growth potential, led by motivated management teams, to build sustainable and responsible regional leaders in their respective industries.

History

A firm with a rich, long-standing entrepreneurial culture, Verod was founded in 2008 as an investment boutique operating out of West Africa.  In its infancy, Verod raised capital on a deal-by-deal basis.

In 2014, in response to the growing opportunities in West Africa and conversely, the increased appetite of foreign institutional investors looking to expand into new markets, Verod transitioned into one of the truly indigenous Private Equity firms in West Africa. Following a successful capital raising drive in a particularly challenging macroclimate in Nigeria and West Africa as a whole, the firm exceeded its original target fund size, and Verod Capital Growth Fund II launched as the largest first time fund in Nigeria’s history.

Verod is backed by a rich blend of mainly foreign and institutional investors including pension funds, sovereign wealth funds, insurance companies, asset management firms, fund of funds, family offices and development finance institutions (with extensive experience supporting Fund Managers across emerging markets).

The firm is led by partners with significant combined experience and expertise in investing and operating businesses in West Africa. The wider Verod team is composed of a high caliber, diverse group of professionals with complementary strengths and depth of experience in investing and supporting operations of portfolio companies.
Danladi Verheijen
Managing Partner & Co-Founder
Danladi is a Co-founder and Managing Partner of Verod. Prior to founding Verod, Danladi was a Vice President at Citibank Nigeria where he led corporate finance and investment banking transactions and also had responsibility over Citibank’s equity investment portfolio. Prior to that, he held roles at Ocean and Oil Holdings and at McKinsey & Company. He is a Director of GZ Industries, Rotoprint, Niyya Food and Drinks and Shaldag. He received an MBA from Harvard Business School, an M.Sc. in Engineering Economic Systems & Operations Research from Stanford University and a B.Sc. in Electrical Engineering from Calvin College. He was named a Young Global Leader by the World Economic Forum in 2014.
Eric Idiahi
Partner & Co-Founder
Eric is a Co-founder and Partner of Verod. Prior to founding Verod, Eric was the co-founder and managing partner of Fountainhead Media Group, an investment and advisory firm focused on the Technology, Media and Telecoms sector in Nigeria. Eric previously worked at Financial Derivatives Company Limited. He is a Director of Union Trustees Ltd, RotoPrint Ltd, African Lifestyle Limited, Central Securities Clearing Systems (CSCS) Plc, and on the Board of Regents of Harris Manchester College, Oxford University. He received a B.Sc in Economics from the University of Houston, Texas and an MBA from Saïd Business School, Oxford University.
Chudi Amu
Vice President, Investments
Chudi is a Vice President and Head of the Investment Team. Prior to this, Chudi was a Consultant with Bain & Co (South Africa office) where he advised clients in the telecommunications, retail banking, and consumer packaged goods sectors. Prior to Bain, Chudi held various roles at Verod, and was an investment banking analyst with Deutsche Bank (New York). He received a BA in Finance from Morehouse College, an MBA from Kellogg School of Management (Northwestern University), and an MEM from the Segal Design Institute (Northwestern University).
Alexandra Ekpiken
Vice President, Legal
Alex is a Vice President and Head of the Legal & Compliance Team. Prior to joining Verod, she was General Counsel at an Africa- focused fund of funds. Prior to that, she was a Corporate Lawyer at the New York law firms of Sidley and Fried, Frank, Harris, Shriver and Jacobson advising clients such as Goldman Sachs Capital Partners and Merrill Lynch Asset Management. She previously worked at the UK M&A Regulator where she represented the UK government at high level European Union Advisory Committee on Merger Panels, and was selected for secondment with the European Commission’s Merger Task Force in Brussels. Following that, she joined the law firm of Weil, Gotshal & Manges in London, where she exclusively advised global private equity firms. She received an LLM in Corporate Law from Harvard Law School, an LLB in Law and a BA in Politics from Keele University in the UK. She is an International Fellow of the American Association of University Women.
P.P. Pavithran
Head, Finance & Accounting
Pavithran is the Head of the Finance & Accounting Department. Prior to joining Verod, he was a Senior Accountant at GMT Limited where he was responsible for banking matters, treasury and reconciliation. Prior to that, he worked as a Senior Accountant / Commercial Manager at Multi-trade Group, Lagos and as an Accounts Unit Head with Olam Exports. He received a BA in Commerce from University of Calicut, India.
Ibukun Sorinola
Senior Manager, Investments
Ibukun is a Senior Manager on the Investment Team. Prior to joining Verod, he was a Vice President at Merge One Global Securities Limited, an investment banking boutique. Prior to that, he previously spent 5 years as an Analyst with Corporate Finance & Investment Banking Team in Citibank Nigeria. He received a BA in Agriculture Economics from the University of Ilorin and has passed the CFA Level II exam. Ibukun holds an MBA from Lagos Business School.
Daniel Adeoye
Senior Manager, Investments
Daniel is a Senior Manager on the Investment Team. Prior to joining Verod, he was an analyst at Zenith Capital Markets and BayHead Alpha Capital focusing on capital raising and M&A projects covering clients in the telecoms, energy and finance industries. He received a BA in Economics from Ahmadu Bello University and has also completed the certificate program in Business Strategy, Johnson Graduate School of Management, Cornell University.
Akwugo Onuekwusi
Senior Manager, Investments
Akwugo is a Senior Manager on the Investment Team. Prior to joining Verod, she was an Assistant Vice President at Chapel Hill Advisory Partners Limited where she managed mergers and acquisitions, financial advisory and capital raising transactions for clients across a variety of sectors including Financial Institutions, Building Materials and Consumer Goods, as well as, State Governments, the Central Bank of Nigeria and the Asset Management Corporation of Nigeria. She received a B.Sc. degree in Economics and Computer Science from Washington and Lee University and an MBA from Columbia Business School.
Olawunmi Abiodun
Company Secretary
Olawunmi is a Senior Manger within the Legal Department and is also the Company Secretary. Prior to joining Verod, she was an Associate Legal Officer with the UN International Criminal Tribunal for the Former Yugoslavia in The Hague where she advised on international law, diplomacy and policy matters. Prior to that, she worked as an Associate with Matrix-Solicitors, where she advised clients on a wide range of corporate and commercial transactions. She received an LLB degree from Obafemi Awolowo University and an LLM in International and European Law, with specialization in International Trade & Investment Law from the University of Amsterdam. She was admitted to the Nigerian Bar as a Barrister and Solicitor of the Supreme Court of Nigeria in 2004, and is a member of the Chartered Institute for Securities and Investment (UK).
Dipo Okuribido
Senior Manager, Legal
Dipo is a Senior Manager within the Legal Department. Prior to joining Verod, he was a Senior Associate at Banwo & Ighodalo, where he worked in the Energy, Tax, Capital Markets and Finance Practices. He has more than seven years experience advising a wide range of clients on M&As in breweries, oil and gas, manufacturing, and fast-moving consumer goods sectors. He received an LLB from the University of Lagos, and is currently studying part-time for an MSc in Finance and Financial Law at SOAS, University of London. He is an Alumnus of the International Lawyers for Africa Programme.
Martin Mbonu
Analyst, Investments
Martin is an Analyst on the Investment Team. Prior to joining Verod, he worked as a Business Intelligence Analyst at Jumia where he was responsible for data analysis which included pricing strategy, buying trends analysis and performance reports, and also worked as a Commercial Planner at Jumia. Prior to that, he was an Account Intern at Lifelink Industry Limited. He received a B.Sc. in Economics from University of Lagos and has passed the CFA Level II exam.
Ajibola Olaniyan
Analyst, Investments
Ajibola is an Analyst on the Investment Team. Prior to joining Verod, he worked at Union Capital, a boutique investment advisory firm as a financial and research analyst where he provided support on mandates for origination, structuring and execution of financial advisory, M&A, and structured finance transactions. He received a BA in Economics and is a qualified member of the Institute of Chartered Accountants of Nigeria (ICAN), and has passed the CFA Level III exam.
Uzoma Okoronkwo
Vice President, HR
Uzoma is a Vice President and Head of Human Resources Department. She Leads the Human Resources & Administration team within Verod and its portfolio companies. She started her career in the Training and Development department of FedEx (Red Star Express) before joining Nestle Nigeria, where she specifically focussed on broader HR roles.  Uzoma subsequently moved to Frigoglass Industries (Nigeria) as the Compensation & Benefits Manager before she joined Coca-Cola (Nigeria) as the HR/Total Rewards Manager and holding various Strategic HR Business Partner roles across their African operations.  Prior to joining Verod, Uzoma was the HR Director of Mouka Limited.  She received a B.Sc in Economics and Sociology from the University of Nigeria, Nsukka and an M.Sc in Organizational Behavior from the University of Lagos.
Kehinde Osileye
Manager, Human Resources
Kehinde is currently a manager in the Human Resources Department. Prior to joining Verod, Kehinde was the Personal Assistant to the Managing Director of Woodstock Electronics Limited, where she managed the director’s day-to-day activities, including the administration of the office and project sites. Prior to that, Kehinde worked with Adeen Properties as an Administrator, where she was accountable for overall office management. She received a B.Sc. in Biochemistry from Lagos State University.
Chinwe Nwuba
Head, Administration
Chinwe is Head of the Administration Department. Prior to joining Verod, she was the Office Manager for Mid Atlantic Energy where she was responsible for the smooth day-to-day running of the office, including payroll administration and supplier management. Prior to that she previously worked with Abraham Holmes Consulting, where she was in charge of recruitment and training. She received a B.Sc. in Mass Communication from Imo State University, Owerri and a certificate in Operation Management from Business School Netherlands (BSN).
Segun Aboderin
Associate, IT
Segun is in charge of Verod’s IT managed services, network solutions, server administration, data protection and software applications. Prior to joining Spinlet, he was the IT Supervisor at Spinlet Ltd, a mobile media distribution platform to download and stream music where he supported day-to-day operation of computer networks including hardware and software. Prior to joining Verod, he was an IT Engineer with Honda Manufacturing Nigeria Ltd, where he supported more than 200 workstations and several physical and virtual network servers. Prior to that he worked at Compliance and Content Monitoring Ltd as Senior Systems/Field Support Engineer, where he was responsible for server installation, power management, site collocation, data retrieval, upload, search and analysis for ROE and decision-making. He received a BA in Physics from University of Ado Ekiti and a Masters in Information Technology from University of Lagos. He is Microsoft Certified IT Professional and a registered member of Institute of Electrical and Electronics Engineering (IEEE).
Solomon Adewole
Manager, Finance & Accounting
Solomon is a Manager in the Finance & Accounting Department. Prior to joining Verod, he was an Assistant Accountant with Cadbury Cocoa Processing Company Ltd, where he was in charge of monitoring and reporting on the company’s fixed assets and business unit cash flows. He also developed payment processing systems, payroll procedures and ensured compliance with all statutory regulations. He received an MBA and a B.Sc. in Accounting from Ladoke Akintola University of Technology, Ogbomosho and Higher National Diploma in Accountancy from the Federal Polytechnic, Ado Ekiti. He is a certified member of the Association of National Accountants of Nigeria (ANAN).
Kayode Akinbowale
Associate, Finance & Accounting
Kayode is an Associate in the Finance & Accounting Department. Prior to joining Verod, he worked with Starmark Nigeria Limited as an Account Officer, and as an Auditor at Olumuyiwa Erinle and Co. (Chartered Accountants). He received an M.Sc. in Finance and a B.Sc. in Accounting from the University of Lagos. He is a registered (student) member of The Association of Chartered Certified Accountants.
Cindy Opeyemi
Associate, Administration
Cindy is an Associate in the Administrative Department and the Executive Secretary of Verod Foundation (Verod’s CSR initiative). She oversees the daily organization of office matters and proper implementation of Verod’s operations and procedures; she also supervises Verod's support staff. Prior to joining Verod, she was an Executive Assistant at Living Templates, where she was responsible for administration and logistics. Prior to that, she worked with the NGO, LEAP Africa as an Administrative and Human Resource Officer, where she managed all administrative and human resources duties. She received a Bachelor's Degree in Agricultural Economics from the University of Agriculture, Abeokuta. She is an Associate Member of the Chartered Institute of Personnel Management (CIPM) and is a certified Human Resource Practitioner.
Danladi Verheijen
Managing Partner & Co-Founder
Danladi is a Co-founder and Managing Partner of Verod. Prior to founding Verod, Danladi was a Vice President at Citibank Nigeria where he led corporate finance and investment banking transactions and also had responsibility over Citibank’s equity investment portfolio. Prior to that, he held roles at Ocean and Oil Holdings and at McKinsey & Company. He is a Director of GZ Industries, Rotoprint, Niyya Food and Drinks and Shaldag. He received an MBA from Harvard Business School, an M.Sc. in Engineering Economic Systems & Operations Research from Stanford University and a B.Sc. in Electrical Engineering from Calvin College. He was named a Young Global Leader by the World Economic Forum in 2014.
Eric Idiahi
Partner & Co-Founder
Eric is a Co-founder and Partner of Verod. Prior to founding Verod, Eric was the co-founder and managing partner of Fountainhead Media Group, an investment and advisory firm focused on the Technology, Media and Telecoms sector in Nigeria. Eric previously worked at Financial Derivatives Company Limited. He is a Director of Union Trustees Ltd, RotoPrint Ltd, African Lifestyle Limited, Central Securities Clearing Systems (CSCS) Plc, and on the Board of Regents of Harris Manchester College, Oxford University. He received a B.Sc in Economics from the University of Houston, Texas and an MBA from Saïd Business School, Oxford University.
Chudi Amu
Vice President, Investments
Chudi is a Vice President and Head of the Investment Team. Prior to this, Chudi was a Consultant with Bain & Co (South Africa office) where he advised clients in the telecommunications, retail banking, and consumer packaged goods sectors. Prior to Bain, Chudi held various roles at Verod, and was an investment banking analyst with Deutsche Bank (New York). He received a BA in Finance from Morehouse College, an MBA from Kellogg School of Management (Northwestern University), and an MEM from the Segal Design Institute (Northwestern University).
Alexandra Ekpiken
Vice President, Legal
Alex is a Vice President and Head of the Legal & Compliance Team. Prior to joining Verod, she was General Counsel at an Africa- focused fund of funds. Prior to that, she was a Corporate Lawyer at the New York law firms of Sidley and Fried, Frank, Harris, Shriver and Jacobson advising clients such as Goldman Sachs Capital Partners and Merrill Lynch Asset Management. She previously worked at the UK M&A Regulator where she represented the UK government at high level European Union Advisory Committee on Merger Panels, and was selected for secondment with the European Commission’s Merger Task Force in Brussels. Following that, she joined the law firm of Weil, Gotshal & Manges in London, where she exclusively advised global private equity firms. She received an LLM in Corporate Law from Harvard Law School, an LLB in Law and a BA in Politics from Keele University in the UK. She is an International Fellow of the American Association of University Women.
P.P. Pavithran
Head, Finance & Accounting
Pavithran is the Head of the Finance & Accounting Department. Prior to joining Verod, he was a Senior Accountant at GMT Limited where he was responsible for banking matters, treasury and reconciliation. Prior to that, he worked as a Senior Accountant / Commercial Manager at Multi-trade Group, Lagos and as an Accounts Unit Head with Olam Exports. He received a BA in Commerce from University of Calicut, India.
Ibukun Sorinola
Senior Manager, Investments
Ibukun is a Senior Manager on the Investment Team. Prior to joining Verod, he was a Vice President at Merge One Global Securities Limited, an investment banking boutique. Prior to that, he previously spent 5 years as an Analyst with Corporate Finance & Investment Banking Team in Citibank Nigeria. He received a BA in Agriculture Economics from the University of Ilorin and has passed the CFA Level II exam. Ibukun holds an MBA from Lagos Business School.
Daniel Adeoye
Senior Manager, Investments
Daniel is a Senior Manager on the Investment Team. Prior to joining Verod, he was an analyst at Zenith Capital Markets and BayHead Alpha Capital focusing on capital raising and M&A projects covering clients in the telecoms, energy and finance industries. He received a BA in Economics from Ahmadu Bello University and has also completed the certificate program in Business Strategy, Johnson Graduate School of Management, Cornell University.
Akwugo Onuekwusi
Senior Manager, Investments
Akwugo is a Senior Manager on the Investment Team. Prior to joining Verod, she was an Assistant Vice President at Chapel Hill Advisory Partners Limited where she managed mergers and acquisitions, financial advisory and capital raising transactions for clients across a variety of sectors including Financial Institutions, Building Materials and Consumer Goods, as well as, State Governments, the Central Bank of Nigeria and the Asset Management Corporation of Nigeria. She received a B.Sc. degree in Economics and Computer Science from Washington and Lee University and an MBA from Columbia Business School.
Olawunmi Abiodun
Company Secretary
Olawunmi is a Senior Manger within the Legal Department and is also the Company Secretary. Prior to joining Verod, she was an Associate Legal Officer with the UN International Criminal Tribunal for the Former Yugoslavia in The Hague where she advised on international law, diplomacy and policy matters. Prior to that, she worked as an Associate with Matrix-Solicitors, where she advised clients on a wide range of corporate and commercial transactions. She received an LLB degree from Obafemi Awolowo University and an LLM in International and European Law, with specialization in International Trade & Investment Law from the University of Amsterdam. She was admitted to the Nigerian Bar as a Barrister and Solicitor of the Supreme Court of Nigeria in 2004, and is a member of the Chartered Institute for Securities and Investment (UK).
Dipo Okuribido
Senior Manager, Legal
Dipo is a Senior Manager within the Legal Department. Prior to joining Verod, he was a Senior Associate at Banwo & Ighodalo, where he worked in the Energy, Tax, Capital Markets and Finance Practices. He has more than seven years experience advising a wide range of clients on M&As in breweries, oil and gas, manufacturing, and fast-moving consumer goods sectors. He received an LLB from the University of Lagos, and is currently studying part-time for an MSc in Finance and Financial Law at SOAS, University of London. He is an Alumnus of the International Lawyers for Africa Programme.
Martin Mbonu
Analyst, Investments
Martin is an Analyst on the Investment Team. Prior to joining Verod, he worked as a Business Intelligence Analyst at Jumia where he was responsible for data analysis which included pricing strategy, buying trends analysis and performance reports, and also worked as a Commercial Planner at Jumia. Prior to that, he was an Account Intern at Lifelink Industry Limited. He received a B.Sc. in Economics from University of Lagos and has passed the CFA Level II exam.
Ajibola Olaniyan
Analyst, Investments
Ajibola is an Analyst on the Investment Team. Prior to joining Verod, he worked at Union Capital, a boutique investment advisory firm as a financial and research analyst where he provided support on mandates for origination, structuring and execution of financial advisory, M&A, and structured finance transactions. He received a BA in Economics and is a qualified member of the Institute of Chartered Accountants of Nigeria (ICAN), and has passed the CFA Level III exam.
Uzoma Okoronkwo
Vice President, HR
Uzoma is a Vice President and Head of Human Resources Department. She Leads the Human Resources & Administration team within Verod and its portfolio companies. She started her career in the Training and Development department of FedEx (Red Star Express) before joining Nestle Nigeria, where she specifically focussed on broader HR roles.  Uzoma subsequently moved to Frigoglass Industries (Nigeria) as the Compensation & Benefits Manager before she joined Coca-Cola (Nigeria) as the HR/Total Rewards Manager and holding various Strategic HR Business Partner roles across their African operations.  Prior to joining Verod, Uzoma was the HR Director of Mouka Limited.  She received a B.Sc in Economics and Sociology from the University of Nigeria, Nsukka and an M.Sc in Organizational Behavior from the University of Lagos.
Kehinde Osileye
Manager, Human Resources
Kehinde is currently a manager in the Human Resources Department. Prior to joining Verod, Kehinde was the Personal Assistant to the Managing Director of Woodstock Electronics Limited, where she managed the director’s day-to-day activities, including the administration of the office and project sites. Prior to that, Kehinde worked with Adeen Properties as an Administrator, where she was accountable for overall office management. She received a B.Sc. in Biochemistry from Lagos State University.
Chinwe Nwuba
Head, Administration
Chinwe is Head of the Administration Department. Prior to joining Verod, she was the Office Manager for Mid Atlantic Energy where she was responsible for the smooth day-to-day running of the office, including payroll administration and supplier management. Prior to that she previously worked with Abraham Holmes Consulting, where she was in charge of recruitment and training. She received a B.Sc. in Mass Communication from Imo State University, Owerri and a certificate in Operation Management from Business School Netherlands (BSN).
Segun Aboderin
Associate, IT
Segun is in charge of Verod’s IT managed services, network solutions, server administration, data protection and software applications. Prior to joining Spinlet, he was the IT Supervisor at Spinlet Ltd, a mobile media distribution platform to download and stream music where he supported day-to-day operation of computer networks including hardware and software. Prior to joining Verod, he was an IT Engineer with Honda Manufacturing Nigeria Ltd, where he supported more than 200 workstations and several physical and virtual network servers. Prior to that he worked at Compliance and Content Monitoring Ltd as Senior Systems/Field Support Engineer, where he was responsible for server installation, power management, site collocation, data retrieval, upload, search and analysis for ROE and decision-making. He received a BA in Physics from University of Ado Ekiti and a Masters in Information Technology from University of Lagos. He is Microsoft Certified IT Professional and a registered member of Institute of Electrical and Electronics Engineering (IEEE).
Solomon Adewole
Manager, Finance & Accounting
Solomon is a Manager in the Finance & Accounting Department. Prior to joining Verod, he was an Assistant Accountant with Cadbury Cocoa Processing Company Ltd, where he was in charge of monitoring and reporting on the company’s fixed assets and business unit cash flows. He also developed payment processing systems, payroll procedures and ensured compliance with all statutory regulations. He received an MBA and a B.Sc. in Accounting from Ladoke Akintola University of Technology, Ogbomosho and Higher National Diploma in Accountancy from the Federal Polytechnic, Ado Ekiti. He is a certified member of the Association of National Accountants of Nigeria (ANAN).
Kayode Akinbowale
Associate, Finance & Accounting
Kayode is an Associate in the Finance & Accounting Department. Prior to joining Verod, he worked with Starmark Nigeria Limited as an Account Officer, and as an Auditor at Olumuyiwa Erinle and Co. (Chartered Accountants). He received an M.Sc. in Finance and a B.Sc. in Accounting from the University of Lagos. He is a registered (student) member of The Association of Chartered Certified Accountants.
Cindy Opeyemi
Associate, Administration
Cindy is an Associate in the Administrative Department and the Executive Secretary of Verod Foundation (Verod’s CSR initiative). She oversees the daily organization of office matters and proper implementation of Verod’s operations and procedures; she also supervises Verod's support staff. Prior to joining Verod, she was an Executive Assistant at Living Templates, where she was responsible for administration and logistics. Prior to that, she worked with the NGO, LEAP Africa as an Administrative and Human Resource Officer, where she managed all administrative and human resources duties. She received a Bachelor's Degree in Agricultural Economics from the University of Agriculture, Abeokuta. She is an Associate Member of the Chartered Institute of Personnel Management (CIPM) and is a certified Human Resource Practitioner.

Head Office

Verod Capital Management
1st Floor, Rio Plaza
235 Muri Okunola Street
Victoria Island, Lagos, Nigeria

Telephone
+234 (1) 462 8646
+234 (1) 462 8647

Email
verodfoundation@verodgroup.com
info@verodcapital.com
hr@verodcapital.com

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