By Chukwuma Umeorah
Abbey Mortgage Bank Plc has announced the appointment of John Okonkwo as Executive Director in charge of Finance, Risk, and Operations, as part of efforts to strengthen its executive management team and reinforce operational efficiency.
Okonkwo, a seasoned professional with over two decades of experience, will oversee strategic direction and coordination across the Bank’s finance, risk management, and operations functions. His appointment had received the approval of the Central Bank of Nigeria (CBN).
According to the Bank, the move aligned with its long-term plan to deliver customer-focused financial solutions and enhance institutional resilience.
Chairman of the Board of Directors, Samuel Oni, 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.”
Also speaking, Managing Director of Abbey Mortgage Bank, Mobolaji Adewumi, noted, “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.”
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Okonkwo is also an Associate of the Chartered Institute of Taxation of Nigeria (CITN) and an alumnus of the Advanced Management Programme of the Lagos Business School (LBS). He began his career at KPMG and has held senior roles in organisations such as Heirs Holdings, United Bank for Africa Plc, and VFD Group Plc.
Abbey Mortgage Bank Plc provides a range of services including mortgage loans, construction finance, equity release, savings and investment products, as well as digital banking.
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