NOVA Merchant Bank has announced the appointment of Nath Ude as its Acting Managing Director/Chief Executive Officer. The took effect on October 3, subject to approval by the Central Bank of Nigeria (CBN). He replaces Anya Duroha, the former Managing Director/Chief Executive Officer.
In a statement, the bank described Ude as a seasoned banker whose experience cuts across three continents in world class financial institutions.
He has held several senior banking positions internationally and in Nigeria including Executive Director First City Monument Bank (FCMB) and recently Executive Director Union Bank from where he joined NOVA. He started his banking career over 28 years ago with Citibank.
Ude has a Bachelor of Science in Finance, Masters in Business Administration, numerous professional qualifications and attended various leadership programs at globally renowned institutions.
The bank also announced the appointment of Mrs Funke Okoya as its Executive Director, Business Development subject to approval by the CBN. Before her appointment, she worked as the bank’s Head of Corporate Bank.
Commenting on the new appointments, the Chairman, NOVA Merchant Bank, Phillips Oduoza, stated with the experience of these versatile bankers, NOVA remains well-positioned to fulfil its vision of being a major financial solutions provider as it enters the next stage of its growth phase.
