10 Years After, Odunsi Exits as Northcourt CEO, Ibaru Steps In

Northcourt Real Estate, one of Nigeria’s leading real estate advisory firms has announced a transition in its leadership as Tayo Odunsi, the company’s co-founder and long-serving CEO, departs after a 10-year tenure.

The departure paves the way for the appointment of a new leader, as current Chief Operating Officer, Ayo Ibaru, assumes the role of CEO, bringing a wealth of experience to guide Northcourt into its next phase of growth.

According to a statement yesterday, Odunsi’s tenure at Northcourt was marked by remarkable achievements and an unwavering commitment to excellence.

“Under his leadership, the company has become a household name for real estate research, consistently expanded its portfolio, and becoming a trusted player synonymous with excellence in Nigeria – and indeed, Africa.

“Through Tayo Odunsi’s strategic guidance, Northcourt has developed strong social consciousness to the environment, development of the real estate profession, promotion of student and women engagement through mentoring and internships, as well as the infusion of technology to property, all while being a commercially successful organisation.”

“It has been an incredible journey leading Northcourt over the past decade,” Odunsi said, adding, “I am immensely proud of what we have achieved as a team and the positive impact we have made in the real estate landscape.

“Northcourt was founded at a time when the Nigeria real estate market was very opaque, but our efforts over the years has made it much more transparent. I have full confidence in Ayo’s abilities to lead Northcourt to even greater heights, and I look forward to witnessing the continued success of the company under his capable leadership.”

Stepping into the role of CEO, Ibaru brings with him a wealth of industry knowledge and a strong track record of driving growth and innovation.

With over 15 years of experience in investment management and real estate, as well as a deep understanding of the local market dynamics, Ibaru is well-positioned to lead Northcourt in an ever-evolving industry landscape. His expertise in strategic planning, business development, and client relationship management will be instrumental in furthering the company’s mission to deliver exceptional real estate solutions to its clients.

“As Northcourt welcomes Ibaru, the company remains steadfast in its commitment to providing superior real estate services, backed by unrivalled expertise and a client-centric approach. With a renewed leadership team, Northcourt Real Estate is poised to embrace new opportunities, navigate challenges, and redefine the boundaries of growth in the Nigerian real estate market,” the statement added.