From Idu Jude, Abuja
The federal government has appointed Adeniran Aderogba as the inaugural President and Chief Executive Officer of the Regional Maritime Development Bank (RMDB), with approval from President Bola Tinubu, announced Minister of Marine and Blue Economy Adegboyega Oyetola on Thursday.
The move marks the launch of a project conceived in 2009 by the Maritime Organisation of West and Central Africa (MOWCA).
Oyetola stated, “This is a moment of great significance for Nigeria and the entire West and Central African sub-region. After 16 years of waiting, the Regional Maritime Development Bank is finally taking off, thanks to the decisive leadership of President Bola Ahmed Tinubu.”
He added, “The appointment of Mr Aderogba and the operationalisation of the RMDB will catalyse development, boost trade, and unlock funding for critical maritime infrastructure.”
Furthermore, the RMDB aims to fund port infrastructure, fleet acquisition, and logistics, aligning with Tinubu’s focus on regional growth. Oyetola praised Aderogba’s three decades of expertise, saying, “His appointment is a bold and competent choice that will steer the bank from conception to impact.”
Additionally, Aderogba, a University of Lagos graduate and ICAN Fellow, previously served as NIMASA’s Acting Director General and held roles at First Atlantic Bank and KPMG. He founded CLG Securities and contributed to Nigeria’s financial systems, including NIBOR and NiFEX.
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