Home Business Abbey Mortgage Bank appoints Mobolaji Adewumi as new Managing Director

Abbey Mortgage Bank appoints Mobolaji Adewumi as new Managing Director

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FRI 15 APRIL, 2022-theGBJournal | The Board of Directors of Abbey Mortgage Bank, the premier, largest and most profitable non-aligned Primary Mortgage Institution (PMI) in Nigeria, has appointed Mr Mobolaji Adewumi, a Chartered Accountant and an insider with deep knowledge of the financial services industry as its new managing director/ CEO.

His appointment follows the resignation of Mr Madu Hamman sequel to his appointment recently as managing director and CEO of the Federal Mortgage Bank of Nigeria by President Muhammadu Buhari.

Mr Adewumi holds an MBA from Judge Business School, University of Cambridge, UK and BSc in management and accounting from the Obafemi Awolowo University, Ile-Ife, Nigeria.

He joined Abbey Mortgage Bank in 2020 as Executive Director, Finance and Administration.

Meanwhile, the mortgage banking institution has announced 27 April 2022 as date for its annual general meeting (AGM), to consider its unaudited financial statements for Q1 ended 31 March 2022.

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