NOVA Merchant Bank appoints new directors, promotes 20% workforce

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NOVA Merchant Bank, a leading merchant bank in Nigeria has announced the appointment of two independent non-executive directors and one non-executive director as it elevates about 20 per cent of its workforce to various grade levels in the Bank. The three new appointees are expected to strengthen the board and bring more inclusivity and diversity to the Bank’s board.

Mr. Chinedu Uzoho (CIS & CPIN) who was appointed as a Non-Executive Director, is a top-level finance, banking and capital market professional with over 40 years of experience in the banking industry and capital markets. He has served on the board of many reputable institutions and currently the Chairman of NovaMBL Securities Limited (a subsidiary of Nova Merchant Bank Limited).

Mrs. Funmi Oyetunji (BSC; FCA; FCCA), appointed as an Independent Non-Executive Director is an accomplished professional with about 40years of corporate experience gathered across several roles in professional practice and banking in Nigeria and the United Kingdom. She serves on a number of boards and retired recently as an independent non-executive director of Ecobank after serving the full tenor of three terms. She is the CEO of Abitos Financial Services Limited.

Mrs. Gbemisola Laditan (FCA & CITN), also an Independent Non-Executive Director, is a prize-winning chartered accountant with over thirty years of experience in banking and consulting. She has served on the board of major institutions and is currently the managing director/chief executive officer of Flux Logistix Limited.

The appointments were ratified by the shareholders on July 2022  29, at the bank’s headquarters in Lagos, following its 5th Annual General Meeting.

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