Jobs/Appointments
Coronation Merchant Bank Picks Adegbohungbe as Executive Director/COO
By Modupe Gbadeyanka
An experienced banker, Mr Banjo Adegbohungbe, has been appointed by board of directors Coronation Merchant Bank Limited as an Executive Director and Chief Operating Officer of the firm.
Mr Adegbohungbe is a seasoned banker with over 25 years of banking experience, covering various aspects of banking including Technology, Payments, International Trade, Fixed Income, Loans, Process Improvement and Product Management.
With his new role, the appointee will be responsible for the Operations; Information Technology; Digital Channels and Administrative Divisions of the bank and its subsidiaries.
Coronation Merchant Bank group was established to fill the gap in a long-undeserved market segment, seeking to address the need for long term capital across key sectors of the economy.
It offers Investment and Corporate Banking; Private Banking/Wealth Management and Global Markets/Treasury Services to its diverse clients.
Furthermore, the lender offers Securities Trading/Brokerage, Asset Management and Trustees services via its subsidiaries; Coronation Securities Limited, Coronation Asset Management Limited and Coronation Trustees Limited respectively.
Commenting on the appointment of Mr Adegbohungbe, Chairman of Coronation Merchant Banking Group, Mr Babatunde Folawiyo, stated that, “As a Bank, we maintain high corporate governance standards and ensure that Board appointments are in line with global best practices and industry standards.”
He further stated that, “Banjo brings to us a rich portfolio of experience garnered over the years in various leadership capacities.
“He could not have joined us at a more promising time in our journey to become Africa’s premier investment bank. I am confident his appointment will further strengthen and position the group for improved performance.”
Before joining Coronation Merchant Bank, Mr Adegbohungbe served for over 11 years at Access Bank Plc in various leadership capacities including Group Head, Global Trade; Group Head, Global Payments and most recently Group Head, Corporate Operations.
He began his career in Citibank Nigeria (formerly Nigeria International Bank Ltd) in April 1993 and rose through the ranks to become an Assistant General Manager in charge of the bank’s Trade Operations, a position he occupied before joining Access Bank in March 2007 as a Deputy General Manager.
In 2011, he was promoted to General Manager, a position he held until his recent appointment as Executive Director/Chief Operating Officer of Coronation Merchant Bank.
Mr Adegbohungbe holds an MBA from the International Institute for Management (IMD), Switzerland and is an alumnus of Obafemi Awolowo University, Ife where he earned a B.Sc. in Mechanical Engineering.
He is an Honorary Senior Member of the Chartered Institute of Bankers and has also attended several executive management and banking specific developmental programs in leading educational institutions around the world.
By Aduragbemi Omiyale
Mr Peter Maila has been appointed as the chief executive of Zvilo Africa, with the mandate to strengthen the company’s market footprint on the continent and help the business go for growth.
The working capital lender provides funding support to businesses in the European Union (EU), Türkiye, Africa, and the Middle East.
Zvilo services local and cross-border trade finance needs of entire supply chains, ensuring businesses have the working capital they need, when they need it, for sustainable long-term growth.
“I am thrilled to join Zvilo at such an exciting time, as Zvilo seek to strengthen its market footprint into Africa and help drive its expansion across the continent.
“The senior team at Zvilo – led by my old colleague Admir Imami – is determined to go for growth, which is why we have both dedicated ourselves to the business,” Mr Maila said of his appointment.
“We are thrilled to welcome Peter Maila to the Zvilo team as our CEO of Zvilo Africa. He will bring exceptional experience and depth of expertise in in investing and building a book of business, both from an African perspective but also from risk, regulatory and governance perspectives.
“His appointment will dramatically strengthen the leadership team by adding deep strategic insight, which will be pivotal in driving growth in the African continent, attracting impactful partners, maximising value and helping reduce the African 120bn trade gap,” the chief executive of Zvilo, Mr Admir Imami, stated.
Mr Maila brings 30-years of finance and investment experience to Zvilo, where he worked for African and international banks, where he has been instrumental in investments worth over $2 billion in Africa and South Asia over the last 15 years in FMCG, Infrastructure (incl. renewable energy), Real Estate and TMT (incl. FinTech) using both debt, mezzanine and equity instruments.
He joined the firm from FMO, the Netherlands-based entrepreneurial development bank where he was Co-Chief Investment Officer covering its private equity and emerging markets team.
Zvilo has ambitious plans to help reduce the 2.5 trillion global trade gap, of which $120 billion is in Africa.
By Aduragbemi Omiyale
A Senior Advocate of Nigeria (SAN), Mr Anthony Ikemefuna Idigbe, has been appointed to the board of PZ Cussons Nigeria Plc as an independent non-executive director.
A regulatory notice to the Nigerian Exchange (NGX) Limited by the company disclosed that the appointment of Mr Idigbe took effect from Thursday, March 27, 2025.
However, this appointment, according to the statement signed by the company secretary, ALSEC Nominees Limited, is subject to ratification at the next Annual General Meeting (AGM) of the organisation.
The appointee, a Senior Partner at PUNUKA Attorneys and Solicitors, has over 40 years of experience in corporate governance, insolvency, business restructuring, arbitration, dispute resolution, privatization, capital markets, mergers and acquisitions, and oil and gas.
The graduate of Law from the University of Ife in 1982, was elevated to SAN in July 2000.
He is a member of the Board of Directors (Trustees) of the Canadian Association of Nigerian Lawyers (CANL); Chairman of the Board of Trustees of Dominican University, Ibadan; Fellow of the Institute of Directors Nigeria (IOD), INSOL International, the Chartered Institute of Arbitrators, London, the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) and the International Bar Association (IBA).
In addition, he is a member of the Association of International Energy Negotiators (AIEN), London Court of International Arbitration (LCIA); Lagos Court of Arbitration (LCA), International Chamber of Commerce, Nigeria (ICCN), American Bankruptcy Institute (ABI) and International Insolvency Institute (III).
Mr Idigbe chaired Capital Hotel Plc from 2017 to 2022 and currently chairs Ikeja Hotel Plc and The Tourist Company of Nigeria Plc, all listed on the NGX, until two were delisted, according to business strategy.
He is a director of Royal Exchange Plc, listed on NGX and chaired the Statutory Audit Committee of Seplat Energy Plc from 2015 to 2023, which is listed on NGX and the London Stock Exchange (LSE).
The new board member was elected the President of the Asaba Chambers of Commerce, Industry, Mines and Agriculture (ASACCIMA) in 2022, and President of the Delta Association of Chambers of Commerce, Industry, Mines and Agriculture (DACCIMA) on 12 December 2022.
He was appointed the National Legal Adviser for the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) in May 2023.
He established the Capital Market Solicitors Association (CMSA) and chaired the 2017 Nigeria Bar Association (NBA) Legal Profession Regulation Review Committee, which reviewed the regulation of the legal profession in Nigeria.
In 2013, he was appointed the National Coordinator for Nigeria, World Bank Global Forum of Law, Justice, and Development Project on Treatment of Shareholders’ Rights in Insolvency of Companies (2013 to 2014); and in 2012 a Member of the Petroleum Revenue Special Task Force set up by President Goodluck Jonathan.
In addition, he chaired the Technical Drafting Committee for the Bill that became the Investment and Securities Act 2007. He recently chaired the review committee for the same law, resulting in the Investment and Securities Bill now Act. As a consultant to the Bureau of Public Enterprises, he and the now Hon Justice Nnamdi Dimgba drafted the Federal Competition and Consumer Protection Commission Bill now Act relating to anti-trust and competition law in Nigeria.
By Modupe Gbadeyanka
President Bola Tinubu has appointed Mr Nasir Naeem Abdulsalam as the Managing Director of the Ajaokuta Steel Company, Kogi State.
A statement from Mr Segun Imohiosen, the Director of Information and Public Relations on behalf of the Secretary to the Government of the Federation (SGF), Mr George Akume, disclosed the appointment took effect from Thursday, April 3, 2025, and is in accordance with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008 as amended.
Mr Abdulsalam, according to statement, has been tasked by Mr Tinubu to leverage his wealth of experience in the steel industry in his new assignment in revolutionising the company to generate important upstream and downstream industrial and economic activities that will position the nation as the industrial hub of Africa in line with the diversification drive of the Renewed Hope Agenda.
Until his appointment, the appointee served as the Technical Adviser to the Minister of Steel Development, Mr Dele Alake, as well as the Special Assistant on Academics to Director General of the National Institute for Legislative and Democratic Studies (NILDS), Professor Abubakar Sulaiman.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN