Abbey Mortgage Bank names Okonkwo Executive Director

Abbey Mortgage Bank Plc, a foremost institution in Nigeria’s mortgage and financial services sector, has further strengthened its executive leadership with the appointment of Mr. John Okonkwo as Executive Director, Finance, Risk, and Operations.

The bank confirmed the appointment in a statement released on Wednesday, noting that it has received the formal approval of the Central Bank of Nigeria (CBN) following a rigorous regulatory process.

👤 Meet John Okonkwo: A Seasoned Finance and Risk Leader

Mr. Okonkwo brings to the role over two decades of experience leading strategic initiatives across financial services and other sectors. His expertise spans finance, auditing, risk management, compliance, corporate governance, and sustainability services.

A KPMG-trained professional, he holds multiple credentials and affiliations:

• Fellow, Institute of Chartered Accountants of Nigeria (ICAN)

• Associate, Chartered Institute of Taxation of Nigeria (CITN)

• Alumnus, Advanced Management Programme, Lagos Business School

Over the course of his career, he has held leadership roles at major institutions including:

• Heirs Holdings Group

• United Bank for Africa Plc

• VFD Group Plc

His experience in these organisations equips him with a robust understanding of financial systems, operational efficiency, and enterprise-wide risk frameworks.

🧭 Strategic Vision for Abbey Mortgage Bank

In his new capacity, Mr. Okonkwo will lead strategic oversight of the bank’s finance, risk management, and operations functions. His mandate includes aligning these core areas with Abbey’s long-term mission of providing innovative, customer-focused financial solutions.

🗣️ Board and Management Speak on Appointment

Commenting on the appointment, High Chief Samuel Oni, Chairman of the Board of Directors at Abbey Mortgage Bank Plc, said:

“We are delighted to welcome John to the Board. His extensive experience across finance, risk management, and corporate governance will be instrumental in deepening our institutional resilience and driving operational excellence as we continue to position Abbey for long-term growth.”

Echoing this sentiment, Mobolaji Adewumi, Managing Director of Abbey Mortgage Bank Plc, added:

“John’s appointment comes at a crucial time in our transformation journey. His deep expertise and leadership will further strengthen our operational backbone, helping us build a more resilient, efficient, and customer-focused institution.”

💡 Abbey Mortgage Bank: Transforming Home Ownership in Nigeria

Abbey Mortgage Bank Plc offers a comprehensive range of services, including:

• Mortgage loans

• Construction finance

• Equity release

• Savings and investment products

• Digital banking via the AbbeyMobile app

The bank continues to pursue its mission of simplifying home ownership and financial planning for Nigerians. The addition of John Okonkwo to its leadership team marks a significant milestone in its journey toward excellence, innovation, and sustained growth in the mortgage sector.