NOVA Merchant Bank has announced the appointment of Nath Ude as its acting managing director/chief executive officer effective October 3 and subject to approval by the Central Bank of Nigeria.
Mr Ude, who replaces Anya Duroha, is a seasoned banker whose experience cuts across three continents in world class financial institutions. He has held several senior banking positions internationally and in Nigeria including executive director at First City Monument Bank (FCMB) and recently executive director at Union Bank from where he joined NOVA.
He started his banking career over 28 years ago with Citibank. Ude has a BSc in Finance, Masters in Business Administration, numerous professional qualifications and attended various leadership programs at globally renowned institutions.
In the same vein, the bank also announced the appointment of Funke Okoya as its executive director of Business Development subject to approval by the Central Bank of Nigeria.
Before her appointment, she worked as the bank’s head of corporate bank. Her banking career, which commenced over 22 years ago with Ecobank Nigeria, cuts across customer services, banking operations, liability management, commercial banking, corporate and investment banking. She has held senior positions in United Bank for Africa Plc, Access Bank, Coronation Merchant Bank and Emerging Africa Capital Group.
Commenting on the new appointments, Chairman, NOVA Merchant Bank Phillips Oduoza stated that with the experience of these versatile bankers, NOVA remains well-positioned to fulfil its vision of being a major financial solutions provider as it enters the next stage of its growth phase.
“These key appointments represent NOVA’s commitment to optimise its management structure and align it to continually serve our clients and leverage on our business successes. It further demonstrates the inclusive nature of the Bank by placing women in key leadership roles,” Mr Oduoza noted.
