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President Tinubu Appoints Two Directors For Bank Of Industry

Ifeoma Uz’Okpala (L) and Rotimi Akinde (R)

Rotimi Akinde and Ifeoma Uz’Okpala have been appointed as Executive Directors of Corporate Finance and Risk Management and Large Enterprises Directorate, respectively, at the Bank of Industry (BOI) by President Bola Tinubu.

Theodora Amechi, a bank spokesman, said in a statement on Tuesday that the positions are effective immediately.

Akinde is a finance specialist with over 20 years of investment and corporate banking experience, as well as a strong track record in capital raising (debt, equity, and hybrids) and corporate finance (mergers and acquisitions, privatization advisory, and project financing).

Prior to joining the Bank of Industry, he was an Associate Partner, Project & Corporate Finance at Infrastructure Delivery International (IDI), where he worked on the UKNIAF programme and advocated green finance and structured lending solutions for subnationals.

He has also previously worked as the Corporate Finance Advisor at the Nigeria projects Advisory Facility (‘NIAF’), where he provided financing initiatives, models, and finance arrangements for projects.

He formerly worked as Vice President of Corporate Finance & Advisory at UBA Global Markets (now United Capital) before joining UBA Plc as Group Head & Assistant General Manager of Multinationals.

He worked as an Assistant Manager with Leadbank Plc, in both the Investment and Corporate Banking Groups.

Uz’Okpala joined BOI in September 2014 as Group Head of Large Enterprises Credit and then worked as the bank’s Chief Risk Officer prior to her appointment.

As the bank’s Chief Risk Officer, she was responsible for monitoring and mitigating operational risks, as well as providing Environmental, Social, and Governance (ESG) risk support.

She provided crucial ESG support throughout transactions and outlined the strategy for attracting impact investments.

Uz’Okpala is a seasoned credit and risk management professional with over 30 years of experience in the financial sector.

She began her career at the International Merchant Bank and worked in critical positions at MBC International, First Bank, Stanbic Bank, and UBA. Her diverse skill set includes internal auditing, corporate finance, credit evaluation and origination, foreign operations, and risk management.

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