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Oceanic Bank gets 4 new executive directors

By Uduma Kalu
The Central Bank of Nigeria (CBN) has appointed four tested professionals as new executive directors for the Oceanic Bank International Plc.

They are Mrs. Oyinkan Adewale, Mr. Henry Oritseweyinmi Ajagbawa, Mr. Mohammed Lawal Balarabe, and Mrs. Benedicta Mofoluke Dosumu.

According to the bank’s managing director, Mr. John Aboh, , “With the new executive directors that have just joined us, and assemblage of top flight staff, Oceanic Bank is certainly on the path of fast-paced recovery and growth.”

He explained that the Executive Directors, who are exceptional professionals, will further enhance the bank’s profile and operations through their diverse experiences in banking, management and finance.

“They will certainly contribute immensely to ongoing new initiatives, superior value propositions, and strategic direction for the actualization of the bank’s expansion and industry leadership quest,” he added.

A 1980 graduate of the University of Ibadan, Mrs. Oyinkan Adewale became a chartered accountant in 1984 and attained a fellowship status in 1994. Before her appointment, was Managing Director/Chief Operating Officer (Africa), Renaissance Group where she set up and developed the Renaissance Franchise in Nigeria with responsibility for the following business support functions for Africa: Finance, Human Resources, Corporate Services, Risk, Compliance and IT.

Mr. Henry Oritseweyinmi Ajagbawa, before his appointment, was Quasi-CEO for UBA in the South Bank (Rivers, Bayelsa, Akwa Ibom, and Cross River) and managed a balance sheet of about 100 billion.

Prior to joining Oceanic Bank, Mohammed Lawal Balarabe was General Manager (North-West bank, Kaduna) of the United Bank for Africa (UBA) where he was responsible for co-coordinating the bank’s Retail, Commercial, Local Corporates and Public Sector business across 50 branches in over 13 Northern states.

Mrs. Benedicta Mofoluke Dosumu, a professional banker with over 23 years experience (treasury & financial services, foreign operations, total quality management, and branch operations) was the Treasurer at First Bank of Nigeria Plc before joining Oceanic Bank. She started her banking career with United Bank for Africa (UBA) in 1985.


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