Jobs/Appointments
Greg Davis Resigns as Ecobank Chief Financial Officer
By Dipo Olowookere
The Chief Financial Officer of Ecobank Transnational Incorporated, the parent company of the Ecobank Group, Mr Greg Davis, has resigned from the position. It was explained that Mr Davis threw in the towel so as to spend more time with his young family who are in the United Kingdom.
At a meeting of Ecobank’s board, the resignation of Mr Davis was accepted and in line with the bank’s established executive succession plan, the board has appointed Mr Ayo Adepoju, Vice President, Group Finance as acting CFO.
Mr Davis was a key member of the team, closely supporting the Group CEO, Mr Ade Ayeyemi, in implementing the Roadmap to Leadership strategy of the Group since joining in 2016. One of his enduring successes has been building the quality and depth of the finance team across the Group and making significant enhancements.
Mr Ayeyemi said, “Greg and I have worked very closely together, and I have great admiration for his well-grounded financial acumen, sound judgement and focused commitment and dedication to Ecobank.
“His strong financial management skills have played a key role in the execution of our Roadmap to Leadership strategy. I am sad to see him leave but recognise the importance of family life and he has my very best wishes for his next challenge. The Board has every confidence in Ayo Adepoju stepping into his new role and he has our full support.”
Mr Adepoju has worked closely with Mr Davis, performing the role of Group Head of Business Performance and Analytics for the Group for the last two years.
He has worked on the strategic aspects of the financial management of the Group, including close equity investor interaction.
The acting CFO has built up significant experience within the Group and has a deep understanding of the underlying drivers of the business across Africa which are imperative for the next stage of the Group’s growth.
Before his current role as Group Head of Business Performance and Analytics, Mr Adepoju was Ecobank’s Group Financial Controller, where he was responsible for financial and regulatory reporting for the Group.
Prior to joining Ecobank, he had a career at PricewaterhouseCoopers in London and Lagos as an Assurance Manager in the financial services practice. He is an Accounting graduate of the University of Lagos, Nigeria, where he earned a Bachelor of Science degree with First Class Honours and has an MBA from Warwick Business School, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) with national overall best prize awards at two consecutive stages of the ICAN examinations, attending executive education courses at both the Harvard Business School and the London Business School.
Jobs/Appointments
NIMASA Gets New Maritime Guard Commander
By Modupe Gbadeyanka
A new Commander of the Maritime Guard Command has been appointed for the Nigerian Maritime Administration and Safety Agency (NIMASA), and he is Commodore Reginald Odeodi Adoki.
His appointment was approved by the Chief of the Naval Staff, Vice Admiral Idi Abbas, a statement from NIMASA confirmed.
He was chosen to replace Commodore H.C Oriekeze, who has been redeployed by naval authorities.
Commodore Adoki, a principal Warfare Officer specialising in communication and intelligence, brings 25 years of experience in the Nigerian Navy covering training, staff and operations.
As a seaman, he has commanded NNS Andoni, NNS Kyanwa and NNS Kada. It was under his command that NNS Kada undertook her maiden voyage, sailing from the country of build (the United Arab Emirates) into Nigeria.
He was commissioned into the Nigerian Navy in 2000 with a BSc in Mathematics. He has since earned a Master’s in International Law and Diplomacy from the University of Lagos and an MSc in Terrorism, Security and Policing atthe University of Leicester, England.
He is currently pursuing a PhD in Defence and Security Studies at the National Defence Academy (NDA). He is a highly decorated officer with several medals for distinguished service.
Welcoming the new MGC Commander to the agency, the Director General of NIMASA, Mr Dayo Mobereola, expressed confidence in Mr Adoki’s addition to the team, emphasising that it will further strengthen the nation’s maritime security architecture given his vast experience in the industry.
The Maritime Guard Command domiciled in NIMASA was established as part of the resolutions of the Memorandum of Understanding (MoU) with the Nigerian Navy to assist NIMASA in strengthening operational efficiency in Nigeria’s territorial waters, especially through enforcement of security, safety and other maritime regulations.
Jobs/Appointments
Japaul Picks Henry Alakhume as Acting GMD
By Aduragbemi Omiyale
Mr Henry Alakhume has been appointed as the group managing director of Japaul Gold and Ventures Plc, a statement issued on Thursday disclosed.
In the notice signed by the company secretary, Chidimma Okolo, it was stated that the appointment of Mr Alakhume is effective today, February 12, 2026.
He is to fill the vacant position left by Mr Akinloye Daniel Oladapo, who resigned with effect from October 13, 2025, with no reason given for his decision to exit the post.
In the disclosure, it was said that Mr Alakhume would remain in office until a substantive GMD is announced by the organisation.
However, the board expressed confidence in the ability of the acting GMD to steer the ship of the company “during this transition period.”
He was described as an experienced executive director of the firm, who will “ensure continuity in leadership and support the company’s strategic objectives.”
“The board of Japaul Gold and Ventures Plc wishes to inform the Nigerian Exchange (NGX) Limited, its esteemed shareholders, and the general public of the appointment of Mr Henry Alakhume as the acting group managing director of the company.
“Mr Alakhume’s appointment takes effect from February 12, 2026, and he will serve in this capacity pending the appointment of a substantive group managing director.
“Mr Alakhume is an experienced executive of the company and has demonstrated strong leadership and operational expertise in his role as Chief Operating Officer.
“The board is confident that his appointment will ensure continuity in leadership and support the company’s strategic objectives during this transition period,” the statement said.
Jobs/Appointments
VFD Group Appoints Martins Akpore to Oversee Finance, Risk Management
By Adedapo Adesanya
Nigerian proprietary investment company, VFD Group Plc, has announced the appointment of Mr Martins Akpore as Group Head for Centralised Critical Functions (CCF).
In a statement issued on Wednesday, the company disclosed that Mr Akpore would oversee the group’s centralised functions, including Finance, Audit, Risk Management, Credit and Treasury, with immediate effect.
The appointment is expected to bolster VFD Group’s financial governance and strengthen coordination across its subsidiaries as the company advances its expansion and operational efficiency drive.
“We are pleased to announce the appointment of Martins Akpore as Group Head, Centralised Critical Functions at VFD Group Plc. In this expanded strategic role, Martins will lead and oversee the Group’s centralised functions spanning Finance, Audit, Risk Management, Credit, and Treasury, effective immediately.
“Martins brings to this role a strong professional foundation and deep expertise across core financial disciplines, underpinned by his credentials as a Chartered Accountant, Chartered Tax Professional, and Certified Treasury specialist, as well as globally recognised certifications in financial modelling and valuation. He currently serves as Group Head, Treasury, where he has played a key role in strengthening the Group’s financial and capital management capabilities across the ecosystem,” it said.
“In his new capacity, Martins will be responsible for driving cohesive strategy, governance, and execution across the Centralised Critical Functions, ensuring robust risk oversight, disciplined financial operations, and alignment with the Group’s strategic priorities. He will work closely with subsidiary leadership teams to enhance institutional standards, strengthen accountability, and support cross-ecosystem decision making on critical matters,” it added.
Speaking on the appointment, the Group Managing Director, Mr Nonso Okpala, emphasised the importance of collaboration and execution discipline in delivering the firm’s Vision 2026 ambitions. In line with this, Managing Directors and senior leaders across all subsidiaries are encouraged to partner closely with Mr Akpore to ensure alignment, responsiveness, and shared ownership in achieving the organisation’s objectives.
Formerly trading on the NASD Over-the-Counter (OTC) Securities Exchange, VFD Group made an exit in October 2023 and listed on the Nigerian Exchange (NGX) Limited to strengthen its market position, boost visibility, and create more avenues to source cheap funds for expansion and growth.
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