NOVA Merchant Bank Limited, on Monday, announced the appointment of Anya Duroha as Acting Managing Director/Chief Executive with effect from August 30, 2018, subject to approval of the Central Bank of Nigeria (CBN).
His appointment follows the exit of Chinedu Ikwudinma, his predecessor, “who has decided to pursue another endeavour,” according to a statement by the bank.
Duroha was until his appointment Executive Director, Wholesale Bank, responsible for development and management of the bank’s corporate banking relationships.
The statement quoted Phillips Oduoza, the bank’s chairman as telling all saff in a memo as saying the “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.”
Prior to joining the bank as pioneer staff, he was Head, Business Banking at Stanbic IBTC Bank, where he was responsible for Commercial Banking and SME businesses in Nigeria.
In that role, he had the responsibility for both relationship and portfolio management. In this capacity, he designed and implemented interventions and strategies that ensured the rapid growth and profitability of the business.
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 these roles, he has managed portfolios in various sectors including manufacturing, agriculture, construction, oil & gas, infrastructure, aviation, power, maritime, telecommunications, Fast Moving Consumer Goods and structured trade finance.
Duroha holds an M.Sc. in Banking & Finance from the University of Benin, a B.Eng. in Civil Engineering from the University of Nigeria, Nsukka and is an alumnus of Wharton Business School, University of Pennsylvania and Lagos Business School.