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

Pension assets rebound, gain N164bn in one month

NigGal

Heritage oil appoints new CEO

NigGal

Access Bank reaffirms support for youth entrepreneurship

NigGal

DSS arrests ousted CBN Governor, Emefiele

NigGal

Naira drops to N680/$ at parallel market despite EFCC’s clampdown

NigGal

Olam Agri wins ‘sustainability initiative of the year’ award

NigGal

Leave a Comment