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Wema Bank Appoints Mr. Chukwuemeka Obiagwu as Executive Director

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The board of Directors of Wema Bank Plc has appointed Mr. Chukwuemeka Obiagwu as an Executive Director of the Bank effective from 1st of April 2021.

The leading bank disclosed in a statement signed by Johnson Lebile Company Secretary/Legal Adviser, Wema Bank Plc.

Mr. Chukwuemeka Obiagwu Background

Emeka “is a multi-disciplinary professional with a background in Accounting, Insurance, Corporate Finance, Stockbroking and Public Finance. He has over three (3) decades experience in banking, financial services and the public service.

“Early in his career at Fidelity Bank Plc, Emeka successfully repositioned and grew a subsidiary which he eventually led as the Group Managing Director & CEO. At different times, he creditably led the Human Resources, Corporate Services, Transaction Support Services, Corporate Finance, Regional Banking as well as the Retail and Commercial Banking arms of the bank. He was a Non-Executive Director of Fidelity Pension Managers where he also served as Chairman of the Board, Audit Committee.

“He left Fidelity Bank Plc. in 2015 after 20 years of meritorious service and in January 2016, joined the Federal Inland Revenue Service as a Director with responsibility for Enforcement. He was also a Member of the Technical Committee of the Board and Chairman of the Budget Committee of FIRS, among many other roles.

“Emeka is an alumnus of the Lagos Business School (SMP 16) as well as Harvard Kennedy School of Government Boston, Massachusetts USA, where he obtained an Executive Certificate in Economic Development. He has had the privilege of studying at some of the world’s leading institutions for Executive Business Education, such as, INSEAD Business School, Fontainebleau, France; Kellogg School of Management to mention a few.

“Mr. Obiagwu is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN); Fellow, Chartered Institute of Stockbrokers; Honorary Senior Member, Chartered Institute of Bankers of Nigeria; Fellow, Chartered Institute of Taxation; and Associate, Chartered Insurance Institute (London).”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Appointments

Ecobank Appoints Akin Dada As Head of Corporate Banking

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Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Akin Dada as the new Executive Director of Corporate and Investment Banking.

Previously Head of Ecobank Group’s Corporate Banking, Dada joined Ecobank in 2017 as the Executive Director of Corporate Banking in Nigeria, according to a statement from Ecobank on Tuesday.

The bank said Dada had over 30 years of banking experience in client coverage, strategic transaction initiation and advisory dialogues across various client segments, including public sector, telecoms, FMCG and oil and gas.

Prior to joining Ecobank, he was the Managing Director for Citigroup Cameroon, where he worked for 26 years in Corporate & Investment Banking as Senior Transactor, Senior Relationship Banker and Business Development Manager.

While at Citi, he handled a wide array of transactions in loan syndications, project finance, corporate finance and advisory, according to the bank.

He also worked briefly with Access Bank Nigeria Plc as Group Head, Oil & Gas.

Ecobank Group Chief Executive Officer, Ade Ayeyemi, said, “Akin’s valuable and varied experience over many years in corporate banking as well as his broader knowledge of banking, credit and risk management position him appropriately to lead our Corporate and Investment Bank.

“There are huge opportunities for the Ecobank Group with the implementation of the AfCFTA, which heralds burgeoning demand for trade finance, advisory services and cross-border payments.”

The bank added that Dada had an MBA from the University of Warwick, UK, and a degree in political science from the University of Ibadan.

He succeeds Amin Manekia, who retired from the group in 2020.

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Afrinvest Appoints Mrs. Onaghinon As COO

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Afrinvest West Africa Limited, has appointed the former head of public private partnership agency of the Edo State, Mrs Onoise Onaghinon as its chief operating officer.

Onaghinon joined Afrinvest in 2003 as an analyst in the firm’s investment banking division, rising through the ranks to become an associate, then vice president and eventually executive director & head of investment banking.

She is a seasoned veteran in the Nigerian capital markets and investment landscape with over 18 years of experience in capital raising, mergers and acquisitions, and restructurings across many industries.

In 2017, Onaghinon took a sabbatical from the Firm to head the Public Private Partnership Agency of the Edo State Government. Having acquitted herself creditably in the public sector, she has rejoined the Firm to resume as the new COO.

Speaking on the appointment, group managing director of Afrinvest, Ike Chioke, said: “over the years, Onaghinon has demonstrated great leadership, professional excellence and outstanding client commitment in driving the firm’s business units, particularly our investment banking division. We are delighted to have her back and we look forward to leveraging her cross-disciplinary experience across the Afrinvest group”.

In her new role, Onaghinon will oversee human resources, legal & compliance, internal control and general services while leading the firm’s initiatives to improve efficiency across its subsidiaries.

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Ecobank Transnational Incorporated Appoints Tomisin Fashina as Group Executive, Operations & Technology

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Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces that Tomisin Fashina has been appointed as its new Group Executive for Operations & Technology, a position he will now hold in addition to his existing role of Managing Director of eProcess International.

Ade Ayeyemi, CEO Ecobank Group said: “The rapidly accelerating digital adoption by Africa’s citizenry and businesses, together with the explosion in ecommerce across the continent, is driving transformation throughout the banking and payment sectors. Winning across operations and technology is essential for the Ecobank Group’s short, medium and long-term success, and is an integral requirement of our ongoing determination to continue to meet the evolving expectations of our customers. Tomisin is well experienced to ensure this, and his new role provides him with an overarching view of our operations and technology functions.”

Tomisin has over 30 years of experience, predominantly in technology management and financial services. Before joining the Ecobank Group, Tomisin was the Chairman of the Board of Directors of Steward Bank Harare Zimbabwe. He has also been Chief Executive Officer for Yookos, a social media company, and has held several positions at Barclays Bank, including General Manager & Head, Transactional Banking Products, and Channels Management and Director, Cash Management & Payments. Prior to this, at Citigroup South Africa, he held leadership roles in its Global Transaction Services as Division Head & Director, Client Delivery, sub-Saharan Africa; and Division Head, Electronic Banking & Implementation, sub-Saharan Africa.

Tomisin has a BSc degree in Computer Engineering from Obafemi Awolowo University, a Master of Business Administration in Marketing from the University of Lagos and a PhD in Business Management in Leadership from Capella University, Minnesota, USA.

Dr. Fashina succeeds Eddy Ogbogu as Group Executive, Operations & Technology, following Eddy’s recent retirement after serving the Group for 11 years.

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