US investor names Nigeria MD

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US-based investor Endeavor has named Ireayomide Oladunjoye as managing director and chief executive officer (CEO) of its Nigeria office.

She takes over from Tosin Faniro-Dada, who steps down from the role after two years at the helm – having been appointed in 2021. She steps down to join Breega, an investor based in France firm, as partner.

Oladunjoye joins Endeavor from Lagos State Employment Trust Fund (LSETF), a Nigeria-based financial services company, where she was most recently head of startups Lagos Innovates for almost two years from 2021 to 2023.

She moved into the role from being executive assistant to executive secretary for almost two years from 2019 to 2021.

Endeavors Nigeria office was opened in 2018, in partnership with Omidyar Network, the investment vehicle backed by eBay founder Pierrer Omidyar.

Endeavor is focused on impact investing, and manages Endeavor Catalyst, a co-investment vehicle with over $100 million in assets under management across three platforms.

These include Endeavor Catalyst I, a $35 million vehicle closed in 2015, and Endeavor Catalyst II, closed at $85 in 2018.

Additionally, the company manages Endeavor Catalyst Philanthropy, which carries capital from 15 anchor donors.

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