TheCFO Magazine’s CFO of the Week: George Aremu of ipNX Nigeria

by akinbodenaphtal@gmail.com

As Chief Financial Officer at ipNX Nigeria Limited, one of Nigeria’s fastest-growing ICT companies, George Aremu drives the organization’s financial strategy, ensuring robust fiscal health while fueling innovation and expansion in a competitive digital landscape.

His career exemplifies strategic foresight, disciplined execution, and unwavering commitment to sustainable growth in Africa’s dynamic telecommunications and technology sectors.

With deep expertise in corporate finance, financial planning and analysis (FP&A), budgeting, forecasting, and project finance, George has consistently delivered transformative results across multinational and regional enterprises. At ipNX, he spearheads comprehensive financial oversight, from capital expenditure management to strategic investment decisions that align with the company’s mission to deliver world-class connectivity solutions across Nigeria.

His leadership extends beyond ipNX. Serving as Group Chief Finance Officer (Financial Consultant) for Easy Solar in Sierra Leone, Liberia, and Azimuth USA, George has provided high-level advisory on auditing, internal controls, and due diligence, strengthening governance in emerging renewable energy markets.

Previously, as Finance Director of Financial Planning and Operations at 9mobile, he collaborated closely with the CFO to craft growth-oriented investment strategies and champion business transformation initiatives focused on operational excellence.

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In leadership roles at e& UAE (formerly Etisalat Nigeria), he coordinated multi-billion-naira CAPEX projects across network, IT, sales, and operations units; developed sophisticated financial models for strategic initiatives; and led annual budgeting cycles, ensuring adherence to financial discipline while evaluating investment opportunities and structured finance transactions.

George’s foundational experience includes pivotal roles at Ericsson, where he managed project finance, pricing, risk analysis, and business development; Globacom, overseeing revenue assurance and forensic analysis; and earlier positions in treasury and financial analysis at organizations like Starcoms Nigeria Plc and 21st Century Technologies Limited.

A Fellow of the Institute of Chartered Accountants (FCA), holder of an MBA, and Ph.D., George combines rigorous academic insight with practical acumen to navigate complex financial challenges. His philosophy emphasizes balance—harnessing growth opportunities while safeguarding integrity and credibility, making him a trusted architect of financial excellence in Africa’s evolving business ecosystem.

TheCFO Magazine’s CFO of the Week recognizes exceptional Chief Financial Officers across the globe, celebrating their outstanding leadership, impactful achievements, innovative solutions, extensive industry expertise, and invaluable contributions to their organizations.

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