Abbey Mortgage Bank Plc has appointed Mr. John Okonkwo as its new Executive Director in charge of Finance, Risk, and Operations, a move aimed at boosting its executive leadership and institutional performance.

With more than 20 years of experience spanning finance, audit, risk management, and corporate governance, Mr. Okonkwo is expected to play a pivotal role in driving strategic initiatives aligned with the Bank’s long-term growth vision. A KPMG-trained professional, he is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), an Associate of the Chartered Institute of Taxation of Nigeria (CITN), and an alumnus of the Advanced Management Programme (AMP) of Lagos Business School.

Okonkwo’s career has included leadership roles at top-tier institutions such as Heirs Holdings Group, United Bank for Africa Plc, and VFD Group Plc, where he focused on financial controls, regulatory compliance, and sustainability strategies. His track record is marked by consistent delivery of operational improvements and value creation.

In his new role, he will oversee finance, risk management, and operations at Abbey Mortgage Bank, ensuring they are aligned with the Bank’s customer-focused innovation and resilience agenda.

Chairman of the Board, High Chief Samuel Oni, described the appointment as timely, saying, “We are delighted to welcome John to the Board. His deep and versatile experience will help us reinforce our institutional backbone and steer the bank through its next growth phase.”

Managing Director Mobolaji Adewumi added, “John’s appointment strengthens the core of our operations at a time when the Bank is scaling impact. His leadership will enhance efficiency and help us deliver superior service to our customers.”

The appointment was approved by the Central Bank of Nigeria after due regulatory diligence.

Abbey Mortgage Bank remains one of Nigeria’s leading primary mortgage institutions, offering products that include mortgage loans, construction finance, equity release, savings, investments, and digital banking services via the AbbeyMobile app. The Bank says its focus remains on making home ownership easier and financial planning more accessible for Nigerians.