Brent Mortgage Bank Limited, a leading Primary Mortgage Bank (PMB), has formally appointed new members into its board and management team.

Mr Adeniyi Bilesanmi, the bank’s Executive Director, Business Development and Corporate Services, disclosed this in a statement on Sunday from the bank’s head office in Lagos.

“Dr Oluseye Awojobi, a Fellow of the Chartered Institute of Bankers (FCIB), was appointed as the Board Chairman, with his appointment being effective from August 2023.

“He was the immediate-past Registrar/Chief Executive Officer (CEO) of the Chartered Institute of Bankers of Nigeria (CIBN),” he said.

Bilesanmi, a Fellow of the Institute of Chartered Accountants (FCA), also announced that Mrs Adeola Simon, a Honourary Chartered Institute of Bankers (HCIB), has been appointed the new Managing Director/CEO.

“She had been acting in that position since January and was previously the bank’s Executive Director (ED) in charge of Credit and Enterprise Risk Management.”

He added that Mrs Folashade Onyia (FCA), Mr Bola Aruna (FCA) and Mrs Eniola Obe (HCIB) were also appointed in September to the board as Non-Executive Directors.

“They joined two other Non-Executive Directors —- Mr Lanre Obisesan (FCIB) and Alhaji Bola Oyebamiji (FCIB) —- who have been on the board since 2016,” Bilesanmi said.

The Executive Director said the appointments have come after the successful completion of tenure of the bank’s former Board Chairman, MD/CEO and three Non-Executive Directors.

“It is expected that their diverse experiences shall bring positive strides, tremendous growth and achievements to Brent Mortgage Bank Limited,” he said.

Mr Bilesanmi added that the appointments were in line with the Central Bank of Nigeria (CBN) guidelines of a maximum of 12 years for Board of Directors.

“In addition to this is the fact that these new appointments will help to also reposition the bank for future challenges and growth,” he said.(NAN)

Source: News Agency of Nigeria