IIF appoints new members to Board of Trustees

THE Impact Investors Foundation has announced the appointment of three professionals to its Board of Trustees.

According to the IIF, a platform for unlocking impact capital, the appointments reflect its commitment to strengthening Nigeria’s impact economy and advancing innovative solutions for inclusive and sustainable development.

The newly appointed board members include Founding Partner/Chief Executive Officer of Aruwa Capital Management, Ms Adesuwa Okunbo-Rhodes; CEO of LAPO Group, Dr Godwin Ehigiamusoe; and Partner and Head of Tax, KPMG Africa, Adewale Ajayi. Their appointments became effective on 1 September 2025.

According to the statement from the IIF, Okunbo-Rhodes is a trailblazing private equity executive and one of Africa’s leading gender-lens investors.

“As Founding Partner and CEO of Aruwa Capital Management, she has successfully mobilised capital to back women-led and women-focused enterprises across West Africa. With her proven track record of building inclusive businesses and advocating for women’s economic empowerment, Ms Okunbo-Rhodes will provide IIF with critical insights into unlocking gender-smart investment opportunities.”

Ehigiamusoe is a pioneer of Nigeria’s microfinance sector and the founder of LAPO Group. With more than three decades dedicated to financial inclusion, he has impacted millions of low-income households through innovative microfinance models. His deep knowledge of grassroots finance and social enterprise makes him a strong voice for expanding access to opportunities within underserved communities.

“Ajayi is a seasoned tax and advisory professional and a partner at KPMG Nigeria. With decades of experience advising corporations, governments and nonprofits, he specialises in helping institutions create sustainable value through sound financial management and corporate governance. His strategic perspective will strengthen IIF’s operational excellence and accountability,” said IIF.

Welcoming the new trustees, the Chairman of Impact Investors Foundation, Mr Frank Aigbogun, said, “We are honoured to have such accomplished leaders join our Board. Their diverse expertise in gender-lens investing, microfinance, pensions and governance will be invaluable as we deepen Nigeria’s impact-investing ecosystem. We will work together to position impact capital as a driver of inclusive economic growth and resilience in Nigeria.”