Otunba Bimbo Ashiru was born in Ijebu-Ode to the illustrious Ashiru family. His father, late Pa Simeon Adeyemi Ashiru, was a distinguished Ijebu statesman while his mother Omo'ba (Princess) Moradeun Ashiru, is from the Fidipote royal family of Ijebu Ode and the ruling house of Owu-Ijebu.
He is well educated, graduating with a degree in Marketing, Purchasing & Supply, and a Masters’ Degree in Strategic Management. With this background, he entered the services of the then Chartered Bank in the year 1989. In a successful career that has spanned over three decades and taken him to various institutions, he has served in various capacities of Management including Head, Private Banking Unit; Branch Manager; Head, Institution & Professional Banking; Regional Coordinator; Country Director, Personal and Business Banking; Director, Corporate Affairs and Corporate Social Investments; until his last position of Group Head, Public Sector with Stanbic IBTC Bank.
He was the pioneer head of the department.

He has served in various capacities in the public and private sector where he distinguished himself, blazing many paths. He is a seasoned politician who has held positions on several Boards and Committees. He has a profound awareness of governmental policy, legal concerns, and economic trends, which has enabled him to serve the public in an efficient manner.

He was the Honorable Commissioner for Commerce and Industry in Ogun State, serving two terms between 2011-2018. Under his stewardship, the business environment of the state developed beyond imagination with over 1, 279.84% increase in internally generated Revenue of the State. Over 300 factories / companies established their presence in Ogun State with a cumulative investment profile of about N691.77 Billion in 2014, compared to N377 Billion in 2013.

This placed Ogun State in first position in Nigeria, according to the Manufacturers Association of Nigeria. During his time, approximately 75% of Manufacturing Foreign Direct Investment into the country between 2011 – 2016 came into Ogun State. Also, during his tenure the World Bank Group, in its Doing Business in Nigeria 2014 Report, ranked Ogun State as one of the best five States in terms of ease of doing business against the 36th position in its 2010 report. He also facilitated the creation of a One-Stop Shop Investment Center (OSSIC) which sits within the Ministry of Commerce & Industry to assist potential investors with procedures for investment and documentation processing.

He emerged as consensus gubernatorial candidate for the Ijebu-Remo agenda under the flag of the All-Progressive Congress in 2019, and continues to be an active member of the party.

Otunba Bimbola Ashiru is a man with a desire for developing people around him, and this translated into his appointment as the representative of the Awujale of Ijebuland on the Ijebu Development Initiative on Poverty Reduction (IDIPR). He has distinguished himself in this field and represented his people favorably to the best of his ability. He was also on the Technical and Communications Committees of the 17th Nigerian Economic Summit (2011).

His life is marked with service, hard work, integrity, and gender inclusiveness, and he has mentored many aspiring leaders and entrepreneurs.
In recognition of his selfless service to society and having distinguished himself as a true son of Ijebu land and an astute banker of repute, Otunba Bimbola Ashiru was presented with the royal title of Otunba Adeona Fusigboye of Ijebu land in December, 2006 by His Royal Majesty, The Awujale and Paramount Ruler of Ijebu Land, Oba (Dr.) Sikiru Kayode Adetona CFR.

He is a recipient of numerous awards, in recognition of his outstanding contributions to society and his people. These include but are not limited to: Best Commissioner of the Year 2015, Most Outstanding Commissioner, Awards for Service Excellence, Ijebu Man of the Year, Centre For Values in Leadership’s Award of Excellence, etc.

Otunba Bimbola Ashiru is the Chairman of Blackcod Asset Management Group, Director OGC Foods and Beverages Ltd. (Lasena Water), and he is a member of the Advisory Board, Africa Private Sector Summit. He is currently the Chairman of Odu’a Investment Company Limited, a conglomerate jointly owned by the six southwestern states of Nigeria, a position in which he has again distinguished himself, leading the Board and Company to record feats such as creating a more business-friendly environment, acquisition of a marginal oil field and a vibrant focus on agriculture that will lead to industrialization and create sustainable jobs.

Under his leadership Odu’a Investment Company Ltd has attracted some very high-quality partners as a result of the efforts invested in improving the quality of talent, building confidence amongst stakeholders and creating high value projects such as the redevelopment of Premier Hotel, Lagos Airport Hotel and other projects expected to attract over N100 billion into joint ventures over the next few years. To facilitate social development, he oversaw the development of the Odu’a Investment Foundation which is expected to empower the youth with skills required to succeed.

He is a member of the Metropolitan Club, Ikoyi Club 1938 and a member of the Ijebu Heritage Group and Ijebu Renaissance Group. He is also a member of the Institute of Directors. Otunba Ashiru is a Fellow of the Chartered Institute of Bankers [FCIB]; Institute of Strategic Management of Nigeria; National Institute of Marketing of Nigeria [FNIMN] and Chartered Institute of Commerce of Nigeria. He is an alumnus of the Harvard Business School, and the Global Leadership Centre, Johannesburg where he has attended courses on leading Boards and managements teams. Otunba Bimbola Ashiru is happily married to Olukemi Ashiru, a lawyer, and they are blessed with two lovely children.