Finance

Mortgage bank appoints new independent director

Mortgage bank appoints new independent director

Infinity Trust Mortgage Bank’s Board of Directors has appointed Olufemi Fabanwo as an independent non-executive director of the bank.

This was disclosed in a statement signed by the company’s secretary, Tolu Osho.

Read:  Danbatta joins NAE council

The appointment took effect on April 3, 2023, but it is subject to the shareholders’ ratification at the bank’s next Annual General Meeting.

Fabamwo is an accomplished banker with a banking career spanning three and a half decades in the Central Bank of Nigeria until 2017.

Read:  Dangote cement posts N191.6bn profit in 6 months

He served in various capacities as director of other financial institutions

supervision department between 2010 and 2014.

He superintended over the regulation, supervision and reform of primary mortgage banks, finance companies, development finance institutions, microfinance banks, and bureaux de change.

Read:  Nigeria’s banking sector leads, attracts $1.47 billion foreign inflows in six months.

Punch

Related posts

Facebook, Ajua sign agreement to empower African SMEs

NigGal

CBN plans new round of recapitalisation for banks

NigGal

Banks Dispense Old Naira Notes As Acceptability Grows

NigGal

DMO bags awards for fulfilling debt obligations

NigGal

Buhari to unveil redesigned naira notes at FEC meeting today 

NigGal

Petrol rose by 55% to N257/litre in Jan – NBS

NigGal

Leave a Comment