Mortgage bank appoints new independent director

Infinity Trust Mortgage Bank’s Board of Directors has appointed Olufemi Fabanwo as an independent non-executive director of the bank.

This was disclosed in a statement signed by the company’s secretary, Tolu Osho.

The appointment took effect on April 3, 2023, but it is subject to the shareholders’ ratification at the bank’s next Annual General Meeting.

Fabamwo is an accomplished banker with a banking career spanning three and a half decades in the Central Bank of Nigeria until 2017.

He served in various capacities as director of other financial institutions

supervision department between 2010 and 2014.

He superintended over the regulation, supervision and reform of primary mortgage banks, finance companies, development finance institutions, microfinance banks, and bureaux de change.

He was the director of currency operations from 2014 to 2017.

Fabamwo is a fellow of the Chartered Institute of Bankers of Nigeria. He graduated from Atlantic International University USA with a PhD in Business Administration.

You may also like

Recent News

It's KPMG’s errors, invalid conclusions - Nigerian govt defends tax laws amid fresh concerns

Nigeria bank customers decry double stamp duty charges

Investors pocket N561bn gain as Nigerian Stock Market begins 2026 strong

Nigerian Stock Market Gains N745 Billion

CBN didn't place N500,000 limit on ATM payments in Nigeria - FG 

Nigeria clarifies N500000 card payment limit amid fraud prevention policy

EU Parliament bans Iranian diplomats from premises — RT World News

Iran European Parliament bans diplomats amid protests

Scroll to Top