Abbey Mortgage Bank Plc has announced the appointment of Mr. John Okonkwo as its new Executive Director overseeing Finance, Risk, and Operations — a move approved by the Central Bank of Nigeria following a rigorous regulatory process.
According to the bank, Okonkwo brings over two decades of experience in finance, risk management, auditing, corporate governance, and operations, particularly within the financial services sector. His background includes senior leadership roles and a track record of driving strategic initiatives that promote institutional resilience and efficiency.
A seasoned professional, Okonkwo is a KPMG alumnus and holds several professional distinctions. He is a Fellow of the Institute of Chartered Accountants of Nigeria, an Associate of the Chartered Institute of Taxation of Nigeria, and an alumnus of the Advanced Management Programme at Lagos Business School.
Welcoming him to the board, High Chief Samuel Oni, Chairman of the Board of Directors, noted:
“We are pleased to have John join our leadership team. His wealth of experience in finance, risk, and governance will play a vital role in enhancing our operations and supporting the bank’s long-term strategic direction.”
Also commenting, Mobolaji Adewumi, Managing Director of Abbey Mortgage Bank, described the appointment as timely:
“John’s expertise will be invaluable as we push forward in our transformation journey. His leadership will further strengthen our internal systems and improve service delivery for our customers.”
Before joining Abbey, Okonkwo held key positions at Heirs Holdings Group, United Bank for Africa Plc, and VFD Group Plc, where he built a strong reputation in risk and compliance management.
In his new role, he will provide strategic oversight across Abbey’s finance, risk, and operations functions — all critical pillars in the bank’s mission to deliver innovative and customer-focused financial services.
Abbey Mortgage Bank Plc continues to offer a wide range of solutions including mortgage loans, construction finance, equity release, savings and investment products, and digital banking via its Abbey Mobile app. The bank says this latest appointment underscores its commitment to sustainable growth, operational excellence, and simplifying home ownership for Nigerians.