Chams Holding creates new subsidiary called ChamsCorp

…appoints Yunusa as chairman, Oyenuga as MD/CEO

Chams Holding Company Plc has notified the Nigerian Exchange Limited (NGX) and the investing public that the Company has created a new subsidiary callled ChamsCorp Plc.

ChamsCorp Plc is a company incorporated to conduct business in Digital Device
Manufacturing & Infrastructure Development, Data Centre Design, Implementation &
Operations, Artificial Intelligence Infrastructure, and Intelligent Systems, among other things.

By a resolution of the Board of Directors of the Company, Mohammed Bashir Yunusa is the Chairman of the Board of ChamsCorp Plc while Olufemi Oyenuga is the Managing Director/CEO. Both appointments as chairman and MD/CEO, ChamsCorp Plc became effective from February 1, 2026.

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Who is Mohammed-Bashir Yunusa? …

Mohammed-Bashir Yunusa is a renowned finance expert, specializing in deal structuring, corporate and retail finance, business strategy, digital transformation, and Islamic Finance and Banking.

He has almost a decade of experience working in the financial services industry and has facilitated high-level financial transactions across various sectors, not limited to transportation, agriculture, infrastructure, and renewable
energy in sub-Saharan and Northern Africa. He currently leads the Consumer and Digital Banking business for the Non-Interest Banking Retail business for Sterling Bank Nigeria and sits on the Board of Chams Holding Company Plc as a Non-Executive Director.

Olufemi Oyenuga…

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Olufemi Oyenuga is an Expert Information Management Data Analytics Specialist
responsible for delivering value add BI Analytics solutions that POWER Global performance. Strategic, Operational, management competencies with proven benchmarks in public, private and XLOB: healthcare, Telecom, ICT and manufacturing plus working knowledge of financial services. Certified Intelligence Analytical Modeller.

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ByIheanyi Nwachukwu

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Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.