Komolafe Becomes Coronation Merchant Bank Director

By Modupe Gbadeyanka

Ms Komolafe Happiness Onome has been appointed as an Executive Director of Coronation Merchant Bank.

Before now, Ms Komolafe was an Acting Executive Director of the bank.

Her appointment was approved by the Central Bank of Nigeria (CBN).

Ms Komolafe, who started her career at KPMG, holds a B.Sc. and an MBA from the Obafemi Awolowo University, ile Ife, Osun State.

The appointee, who has over two decade’s working experience, was also before now Coronation Merchant Bank’s Chief Operating Officer (COO)/Group Head of Operations and Information Technology Division.

In that capacity, she oversaw the implementation of business strategies across the organisation and monitored performance in line with outlined organizational goals.

The banker, before joining the merchant bank, had worked with Guaranty Trust Bank (GTBank) and Access Bank.

She was Head of Branch Operations, Treasury Operations and Domestic Operations at different times at GT Bank where she started her banking career in 1997.

At Access Bank which she joined in 2007, Ms Komolafe was Head of Treasury Operations and subsequently oversaw the lender’s Centralized Operations Group where she created Standardised Procedures for the Domestic Funds Transfer Teams, Credit and Corporate Operations and leading the Treasury Software Implementation project in the Bank.

Chairman of Coronation Merchant, Mr Tunde Folawiyo, said the appointment of Ms Komolafe will bring “diversity to our board and demonstrates our appreciation of employees’ contributions, Onome’s exceptional skills have proven to be an invaluable asset to our organisation.”

According to him, “As a thoroughbred banking professional with membership of reputable committees such as the Central Bank of Nigeria’s Financial Services Industry Infrastructure Transformation Program, the RTGS (Real Time Gross Settlement) Implementation team, and the Payment Systems and Infrastructure Sub- Committee of the Bankers Committee, Onome’s appointment is beyond achieving the boardroom diversity goal, but a strategic decision to strengthen the bank’s delivery capacity.”

“We are happy to welcome Onome to the Board of Coronation Merchant Bank. She brings onboard very rich and demonstrable experience that will significantly contribute to the actualisation of our aspiration of becoming Africa’s premier investment bank,” Mr Folawiyo enthused.