DBN Makes Five New Board Appointments
By Patience Ikpeme
The Development Bank of Nigeria (DBN) has bolstered its leadership team with the appointment of five new directors to its Board.
This strategic move, announced in a press release signed by DBN’s Managing Director/CEO, Dr. Tony Okpanachi, shows the Bank’s commitment to fostering inclusive growth and economic development in Nigeria.
The newly appointed directors bring with them a wealth of experience across diverse fields, including finance, sustainability, consumer behavior, and risk management. This infusion of expertise is expected to propel DBN forward in its mission of supporting Nigeria’s MSME (Micro, Small and Medium Enterprises) landscape.
Dr. Okpanachi expressed his enthusiasm for the new board members, acknowledging their “diverse expertise and leadership” as crucial assets. He also extended gratitude to the outgoing directors, recognizing their invaluable contributions to DBN’s success story.
Ms. Imoni Akpofure (Independent Non-Executive Director): is a seasoned professional with over 30 years of experience in finance and sustainability. Akpofure previously held leadership positions at CDC Group Plc and the International Finance Corporation (IFC). Her expertise in sustainable development aligns with DBN’s focus on responsible economic growth.
Mr. Urm Kalu (UK) Eke, (Independent Non-Executive Director), boasts over 36 years in financial services, encompassing auditing, business assurance, and strategic development. Eke previously served as the Group Managing Director of FBN Holdings Plc, bringing a wealth of banking experience to the DBN Board.
Mr. Mohammed Mustapha Bintube (Independent Non-Executive Director), is a consummate banker with over 30 years of experience, primarily in leadership roles. Bintube currently chairs Jaiz Bank Plc and Buraq Capital Limited. His extensive board experience will be invaluable to DBN’s governance structure.
Mrs. Juliet Anammah (Independent Non-Executive Director), has been a senior executive with expertise in consumer behavior and strategic planning. Anammah possesses over 28 years of experience, most recently serving as CEO of Jumia Nigeria. Her insights into consumer trends will be crucial for DBN’s understanding of the MSME market.
Ms. Folakemi Fatogbe (Independent Non-Executive Director), is an accomplished banker and risk management professional with over 30 years of experience. Fatogbe previously served as a Special Adviser to the CBN Governor on Risk Management. Her expertise will be instrumental in strengthening DBN’s risk management framework.
The appointment of these new directors signifies a new chapter for DBN. With a broader range of expertise represented on the Board, DBN is well-positioned to navigate the dynamic MSME environment and continue its vital role in promoting inclusive economic growth for Nigeria.
