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Omoluabi Mortgage Bank Plc has appointed Olaitan Aworonke as an acting Managing Director/Chief Executive Officer, after the resignation of its former CEO, Ayodele Olowookere.

Olowookere’s tenure as the CEO of Omoluabi Mortgage Bank was much appreciated by the company’s Board of Directors. The board praised him for his contributions towards ensuring the growth and visibility of the companyHe had been on the board of the bank since 2015 and served on a number of board committees.

Overview of Olaitan Aworonke: According to the statement submitted to the Nigerian Stock Exchange (NSE) by Omoluabi Mortgage Bank, Aworonke’s appointment took effect on October 31, 2019.

“Aworonke has over 16 years of working experience within the Nigerian banking sector. Prior to her appointment, Aworonke was formerly an executive director and also worked in the capacity of the group head, banking operations and business development in Omoluabi. 

“She is a fellow of Institute of Chartered Accountants of Nigeria (ICAN), Institute of Chartered Economist of Nigeria (ICEN) and member, Chartered Institute of taxation of NIgeria (CITRN). She had also worked in various capacities in different banks before joining the bank.”

About Omoluabi Mortgage Bank Plc: Omoluabi Mortgage Bank offers residential and commercial mortgage financing services. The company provides mortgage products which include national housing fund mortgage loans, commercial mortgages, property acquisition loans, and other financial services. Omoluabi Mortgage Bank serves customers in Nigeria and has its oifice located in Ejigbo, Lagos/.

What you should know: Omoluabi Mortgage Bank’s corporate banking products include overdraft facilities and property development financing and trading. The company which was formerly known as Omoluabi Savings and Loans Plc, changed its name to Omoluabi Mortgage Bank Plc in 2016. Its major shareholders are Osun State Government and two major institutional investors.

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  1. Dear Team,
    Nice write-up as usual from Nairametric. Please note that the name of the outgoing CEO is Olowookere, kindly correct this mistake


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