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Acting CEO for NOVA Merchant Bank

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Acting CEO for NOVA Merchant Bank

NOVA Merchant Bank Limited has appointed Mr. Anya Duroha as its acting managing director/chief executive officer.
The appointment, which is subject to approval of the Central Bank of Nigeria (CBN), became effective on August 30, 2018, according to a statement from the lender.
His appointment follows the exit of Mr. Chinedu Ikwudinma, who has decided to pursue another endeavor.
Prior to the appointment, he was the executive director, wholesale bank, responsible for development and management of the bank’s corporate banking relationships.
Duroha holds a Master of Science degree in banking & finance from the University of Benin and a Bachelor of Engineering degree in civil engineering from the University of Nigeria, Nsukka.
He is an alumnus of Wharton Business School, University of Pennsylvania and Lagos Business School (LBS).
Speaking on the new appointment, Chairman of the bank, Mr. Phillips Oduoza, in a memo to staff, said: “Mr. Duroha’s appointment marks the start of an exciting growth phase in the bank’s business, following the go live of its Intellect Digital Core (IDC) banking platform as the bank begins to leverage the benefits of its investment to deliver innovative solutions for its customers.”
He was the head, business banking at StanbicIBTC, where he was responsible for commercial banking and SME businesses in Nigeria.
He started his banking career in banking operations in Citibank and has 25 years banking experience spanning across many areas of banking.
He was the head corporate banking, United Bank for Africa Plc; head corporate banking, Diamond Bank Plc and head of business development (designate), Diamond Bank, United Kingdom.
In all the roles, he has managed portfolios in various sectors including manufacturing, agriculture, construction, oil & gas, infrastructure, aviation, power, maritime, telecommunications, Fast Moving Consumer Goods (FMCG) and structured trade finance.

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  1. Pingback: FIRS to freeze tax defaulters’ bank accounts; 2 banks loses CBN’s Prime Rating and Other Banking News. | Nigerian Banker | Expanding your knowledge about Banking, Finance and Economy

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