Jobs/Appointments
CBN Authorises Two Directors to Join Zenith Bank Board
By Dipo Olowookere
The Central Bank of Nigeria (CBN) has approved the appointments of Mr Henry Oroh and Mr Al-Mujtaba Abubakar to the board of Zenith Bank Plc.
A statement from the financial institution disclosed that while Mr Oroh will serve on the board as an executive director, Mr Abubakar is joining as an independent non-executive director.
According to Zenith Bank, their appointments were also approved by the board of directors of the bank and were in consistent with lender’s tradition and succession strategy of grooming leaders from within.
They are expected to resume their new roles from Sunday, September 1, 2019.
Mr Oroh, who comes to the board of Zenith Bank with strong competencies in Credit & Marketing, Operations, Information Technology, Treasury and impressive Leadership skills, holds a Bachelor’s Degree in Accounting from the University of Benin, Benin City and an MBA from the Lagos State University as well as LLB Degree from the University of London. He is a Fellow of the Institute of Chartered Accountants of Nigeria and an honorary member of the Chartered Institute of Bankers, Nigeria.
He has over two decades of banking industry experience, beginning his banking career in 1992 at Citibank where he served for seven years in Operations, Treasury and Marketing.
Mr Oroh joined Zenith Bank in February 1999 and has worked in various Groups and Departments within the Zenith Group Office. His expertise spans Operations, IT, Treasury, Marketing, including the Manufacturing, Food and Beverages, Pharmaceuticals, Oil and Gas, Public Sector, Consumer as well as Corporate Banking and Business Development.
In April 2012, he was seconded to Zenith Bank Ghana Limited as an Executive Director and became the Managing Director/Chief Executive in February 2016 where he successfully spearheaded the phenomenal growth of the Zenith Brand both within the Ghana market and the West African Sub region.
Mr Oroh has attended several leadership programmes and executive management courses at the Harvard Business School, Columbia Business School New York, University of Chicago, USA, University of Pennsylvania, HEC Paris, JP Morgan Chase UK and the Lagos Business School.
On his part, Mr Abubakar is currently the Managing Director of Apt Pensions Funds Managers Limited. He is a graduate of the Leeds Polytechnic UK and a renowned Chartered Accountant and a Fellow of the Institute of Chartered Accountants of Nigeria.
Mr Abubakar has extensive and tremendous experience in the Financial Services Industry, Audit and Consulting. He had worked with the firm of Akintola Williams Deloitte between January 2000 and November 2008 and rose to become the Partner and Board Member of West Africa Sub region. Prior to this, he had served on the Board of several Financial Institutions in Nigeria.
He has attended several management and leadership training programmes and conferences both within and outside the country.
He brings to the board of the bank tremendous track record in Risk Management, Credit & Marketing, Auditing and very outstanding Leadership skills.
By Adedapo Adesanya
Seven Assistant Inspectors-General of Police (AIGs) have been promoted to the rank of Deputy Inspectors-General of Police (DIGs) by the Police Service Commission (PSC).
The elevation, which is a result of merit, seniority, record of service and performance in a written examination and oral interview conducted today at the commission’s headquarters in Abuja, is part of efforts to strengthen the leadership cadre of the Nigeria Police Force.
The newly promoted DIGs are Mr Zachariah Fera Achinyan (formerly AIG Zone 4, Makurdi), Mr Zango Ibrahim Baba (formerly AIG Department of Logistics and Supply), Mr Isyaku Mohammed (formerly AIG Armament, Force Headquarters, Abuja), Mrs Margaret Agebe Ochalla (formerly AIG FCID Annex, Lagos), Mr Mohammed Abdul Sulaiman (formerly AIG Police Accounts and Budget, Force Headquarters, Abuja), Mrs Kenechukwu Onwuemelie (formerly AIG Zone 15, Maiduguri), and Mr Umar Shehu Nadada (formerly AIG Zone 14, Katsina).
This latest round of promotions follows the recent elevation of DIG Fayoade Adegoke to the substantive rank of DIG. He will now join the Force Management Team.
The promotions became necessary to fill the vacancies created by the retirement of eight DIGs who previously occupied these strategic offices.
While congratulating the new DIGs, the Chairman of the Police Service Commission, Mr Hashimu Salihu Argungu, charged them to live up to the expectations of their new offices.
He urged them to prioritise national security and foster a cordial and productive working relationship with the Commission to ensure the continued development of the Nigeria Police Force.
Some of the PSC board members who took part as examiners in the exercise included Mr Paul Adamu Galumje, Mr Taiwo Lakanu (DIG rtd and Chairman, PSC Standing Committee on Police Matters), and Onyemuche Nnamani (Secretary to the Commission).
Recently, Mr Tunji Disu became the new Inspector General of Police (IGP) following the exit of Mr Kayode Egbetokun.
By Adedapo Adesanya
The managing director of 11 Plc, which used to be known as Mobil Oil Nigeria Plc, Mr Adetunji Oyebanji, has taken a final bow from the company after 45 years of meritorious service.
The development was contained in a notice signed by the Company Secretary to NASD Plc and the investing public. In the statement dated March 3, 2026, it was disclosed that the retirement is effective March 31, 2026.
11 Plc trades its shares on the NASD Over-the-Counter (OTC) Securities Exchange.
The board of 11 Plc expressed its profound gratitude to Mr Oyebanji for his leadership and invaluable contributions to the company, wishing him the best in his future endeavours.
Mr Oyebanji was appointed chairman and managing director of then Mobil Oil Nigeria Plc in October 2008 and, following the divestment of ExxonMobil, he became the managing chief executive of 11 Plc in April 2017.
The board acknowledged Mr Oyebanji’s remarkable career with the organisation, which it said is a testament to his unwavering commitment, passion, and expertise in the oil and gas industry.
He joined Mobil Oil Nigeria Plc in 1980 as a Marketing Representative Trainee and progressed through various leadership positions, demonstrating exceptional leadership and strategic vision, including Planning Associate, Pricing Manager, District Manager, Branch Manager, Manager of Fuels Services, and Executive Director of Fuels.
His appointment as Managing Director in 2017 marked a significant milestone in his illustrious career, and he has steered the company through a period of significant transformation and growth.
Apart from his role at the company, Mr Oyebanji has played a significant role in the energy industry and the economy at large. He is currently the President and Chairman of the Council of the Chartered Institute of Directors in Nigeria.
He was a past chairman of the Major Energy Marketers Association of Nigeria (MEMAN) and the Petroleum Downstream Group of the Lagos Chamber of Commerce and Industry (LCCI).
He was also a past council member of the Nigerian Institute of Management and the LCCl. He was a board member of the Society for Corporate Governance, Nigeria, for over 10 years.
Mr Oyebanji’s career extended well beyond Nigeria’s shores. He served at various points in his career as a Project Associate at Mobil Oil Corporation’s headquarters in Fairfax, Virginia, USA, and as a Manager, Planning, at Mobil Africa Sales Inc. He served as an Executive Director at Mobil Oil Cameroon and later at Mobil Oil Ethiopia. Eventually, he took on a global leadership role as Manager Industrial and Wholesale Fuels, Africa, Middle East, based in Belgium and reporting functionally to the Global I&W Manager.
By Aduragbemi Omiyale
Ms Jumoke Olaniyan has been appointed as the Chief Strategy Officer of the Nigerian Exchange (NGX) Group Plc.
In her new role, Ms Olaniyan will lead enterprise-wide strategy formulation and execution across the organisation, driving initiatives aligned with its ambition to deepen market liquidity, expand product innovation, broaden investor participation, and enhance long-term stakeholder value.
The role is central to strengthening cross-functional alignment and organisational effectiveness as NGX Group continues to evolve its integrated market infrastructure model.
NGX Group, in a statement, said it strengthened its executive leadership with the appointment of Ms Olaniyan to advance its next phase of strategic growth, digital transformation, product innovation and market development.
Her appointment underscores the company’s continued focus on disciplined strategy execution, strong governance and sustainable value creation.
It also reflects the group’s deliberate effort to strengthen its leadership structure through broader representation at the executive level, ensuring that women continue to play influential roles in shaping the evolution of Nigeria’s capital markets while contributing meaningfully to national economic development.
Before joining NGX Group, Ms Olaniyan held senior leadership roles at FMDQ Group Plc and FDHL Group, where she played key roles in business development, market expansion, and product innovation across the fixed income, currencies and derivatives markets.
With over two decades of experience spanning financial markets, strategy, consulting, and banking, she brings extensive expertise in market structure, stakeholder engagement, and enterprise transformation.
She holds a degree in Accounting as well as an MBA from INSEAD Business School and has built a reputation for driving growth, strengthening market participation, and delivering innovative financial market solutions that enhance transparency, efficiency, and market resilience.
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