Mr. Kyari Bukar is the Managing Director/Co-Founder of Trans Sahara Investment Corporation, a Private Equity firm based in Lagos, Nigeria.

He has an outstanding career in Engineering and Technology having been former Managing Director/CEO at Central Securities Clearing System Plc, Lagos and ValuCard Nigeria (Unified Payments Ltd), Lagos Respectively and Executive Director at FSB International Bank Plc.

Before joining and FSB International Bank, he served in various roles as Manufacturing Development Engineer, Marketing Program Manager, Senior IT Consultant, and as Manager in various sectors of the Hewlett Packard corporation in the United States of America.

Mr. Kyari Bukar was the former Chairman of the Board of Directors of the Nigerian Economic Summit Group (NESG) and currently serves on several other Boards; Chairman, SUNU Assurances Plc; Chairman, Ventures Platform; Chairman, ARCA Payments Ltd; Independent Non-Executive Director, Standard Chartered Bank Nigeria Ltd; Member, Nigerian Youth Alliance of Atlanta, Georgia; Member, Committee of Harmonization of National ID; Member, Nigeria Technology Consultative Group; and leader of Employee Business Contribution Network (HP).

He holds a Bachelor’s degree in Physics from Ahmadu Bello University Zaria, Nigeria, and a Master's degree in Nuclear Engineering from Oregon State University Corvallis, USA.

Mr. Kyari Abba Bukar

Mr. Olu Adegbola, is the Chief Risk Officer (CRO) of Development Bank of Nigeria Plc.

He started his banking career with United Bank for Africa Plc. He has over 20 years banking experience, with over 10 years in senior management level across control and risk management functions.

He was the pioneer Head, Group Risk Management and Compliance at FBN Holdings Plc (Parent Company of First Bank Group), and instrumental in setting up the Internal Audit function of FBN Holdings Plc. with oversight responsibility across the Group.

He was the Pioneer Head, liquidity and Market Risk Management, and with oversight responsibility across the following departments; Compliance, Operational Risk, Information Security and Credit Strategy at Sterling Bank Plc. He was the Financial Controller, NBM Bank Ltd., one of the legacy bank of the current Sterling Bank Plc.

He is exposed to several local and international trainings. He holds a Master of Science degree in Finance, and Postgraduate Diploma in Economics, both from University of Lagos; an MBA from Obafemi Awolowo University, and Bachelor of Science degree in Accounting from University of Ilorin. He is a Fellow of the Institute of Chartered Accountant of Nigeria, an Associate of the Chartered Institute of Bankers of Nigeria, and Senior Associate of Risk Managers Association of Nigeria (RIMAN).

Mr. Olu Adegbola

Mr. Bonaventure Okhaimo is the COO of DBN. He has over 25 years banking experience spread across Diamond Bank, Stanbic IBTC, Standard Chartered Bank, FCMB Plc, Unity Bank and served as a Non-Executive Director with Unity Kapital Assurance (Now Veritas Assurance) PLC. 

His vast industry experience includes, branch operations, branch management, leadership roles in Retail/SME Banking, Institutional Banking, Information Technology and Strategic Operations Service Delivery.

He has attended various credit and banking attachment programs with Standard Bank Limited, Johannesburg and Standard Chartered Bank, Zimbabwe and Kenya. He has attended various managerial trainings, including Executive Management training Programs of Queens Business School, Canada, Columbia Business School, New York, The Said Oxford Business School, UK and Harvard Business School, Boston, USA.

He holds an LLB from the University of Benin; a BL from Nigeria Law School, Lagos; a PGD in Business Administration from RSUST Port Harcourt; an MBA in Financial Management from FUT, Owerri and a Chartered Banker MBA from Bangor University, Wales. He is both an Honorary and Associate Member of CIBN, a member of the Chartered Banker Institute, UK, NIM and a Fellow of the ICA, Nigeria.

Mr. Bonaventure Okhaimo

Idris Salihu is the Head of Corporate Services. He is a seasoned banker and a marketing communication expert with over 24 years working experience in the Banking Sector. His experience spans Banking Operations, Marketing, Relationships Management, Public Sector banking, Corporate Services, Brand Management and Communications.

Prior to joining DBN, he was the Regional Manager in charge of Business Development for Jaiz Bank Plc, North Central Region. He also served at the national level on Secondment from Fidelity Bank Plc on a National Assignment to the Presidency where he worked with the National Planning Commission and Served as Secretary, Media & Publicity for the Nigerian Vision 20: 2020 Business Support Group (BSG) – the arm responsible for coordinating the private sector participation in the NV20:2020 Project. He also served under the SME Thematic area – the team responsible for crafting the strategic vision for Small and Medium Scale Enterprises.

Idris started his banking career in 1994 with the United Bank for Africa and later in 1998, moved to FSB International Bank PLC. When FSB International Bank Plc merged with Fidelity Bank in 2006, he became the Head, Advertising with the Marketing Communications Group and subsequently moved to serve as Business Head, Public Sector Banking Group, Abuja.

Idris has attended several trainings among which include; Essential Management Skills for Emerging Leaders (EMSEL), Harvard - Division of Continuing Education, Leadership for High Performance – Del Packer/Brian Tracy Group, Finance for Non-Finance Managers & Managing Corporate Affairs Functions – both with Lagos Business School, Strategic Communications & Crisis Management- Hundfold - South Africa, Islamic Banking and Finance - Fleming Gulf- Malaysia.

He is a member of several associations, including Fellow, Institute of Credit Administration (ICA), Associate, Chartered Institute of Bankers of Nigeria (CIBN). Associate Member, Advertising Practitioners of Nigeria (APCON); Associate Member, Nigerian Institute of Management (NIM) and Associate Member, Nigerian Institute of Public Relations (NIPR)

Mr. Idris Salihu

Joshua Ohioma is the Head, Internal Audit of Development Bank of Nigeria PLC. A professional with over two decades experience in banking, auditing and consulting. He started his professional career in audit practice. He thereafter joined the banking industry with Diamond Bank in 1996 performing roles in Internal Control, Credit & Marketing and also coordinating business development as Branch Manager.

He practiced Tax Advisory Services at PricewaterhouseCoopers (PWC) United Kingdom, later joining First Bank of Nigeria Limited (FBN) in 2005 where he acquired valuable experience in Internal Audit, Internal Controls, Compliance and Risk Management under various senior management roles.

He is a graduate of Economics, a Master of Business Administration (MBA) holder and currently a Doctoral Research Candidate in Business Administration. He is an Associate (ACA) of the Institute of Chartered Accountants in England & Wales (ICAEW), a Fellow (FCA) of the Institute of Chartered Accountants of Nigeria (ICAN), an Associate (ACIB) of the Chartered Institute of Bankers of Nigeria (CIBN) and a Member of the Chartered Banker Institute, United Kingdom.

He is Certified Risk Analyst, an ISO 27001 (Information Security Management), ISO 20000 (Information Technology Service Management) and ISO 22301 (Business Continuity Management System) Lead Auditor and an alumnus of Lagos Business School (Senior Management Programme).

He is a Past Chairman of ICAN Lagos & District Society, a Development Dimension International (DDI) Certified Trainer, a Coach and Resource Person in various training platforms, seminars and workshops.

Mr. Joshua Ohioma

Prof. Joseph Nnanna serves as the Chief Economist of the Development Bank of Nigeria PLC. In this capacity he leads the Research, Monitoring and Evaluation and Sustainability arm of the Bank.

A seasoned professional with numerous years of experience in the U.S. mortgage, banking, manufacturing, and telecommunication industry serving in managerial roles before joining academia.

Prior to joining DBN, Prof. Nnanna was a tenured Professor of Business and Economics in Oklahoma State. His scholarly works have been published in numerous academic journals such as Economic Analysis and Policy, Journal of Public Affairs, International Journal of Public Administration, Politics and Policy, Foreign Trade Review, The CBN Bullion, The International Trade Journal, Macroeconomics and Finance in Emerging Market Economies, The Journal of Chinese Economics and Foreign Trade Studies to name a few. Furthermore, he publishes an op-ed piece every quarter in Business Day newspaper. He is also an editorial board member for the society for corporate governance of Nigeria and a member of the AfCFTA National Action Committee for Nigeria.  In 2020, Prof. Nnanna contributed a book chapter in the European Investment Banks publication entitled “Banking in Africa: Financing transformation amid uncertainty with fellow economists in the (EIB) and in 2021, published a book entitled “Banking in Nigeria: Financing During Turbulent times”.

He earned a Bachelor of Business Administration and MBA degrees in Accounting, a Master’s degree in Economics and a Doctorate degree in Corporate Governance and Economics from Southwestern Oklahoma State University, Florida Metropolitan University, The University of Oklahoma and Argosy University respectively. He is a member of the Nigerian Economic Society and the American Economic Association.

Prof. Joseph Nnanna

Mr. Shofola is a Legal Practitioner with years of experience in Governance, Risk and Compliance support formajor Corporates. He holds a Bachelor of Laws (LL.B Hons) (Second Class Lower Division) from the University of Lagos, and a B.L. (Second Class Upper Division) from the Nigerian Law School, and was called to the Nigerian Bar in 1999. He started his corporate career as a Legal Officer at Stallion Property & Development Company, a Joint Venture company of the Nigerian National Petroleum Corporation and Oando Plc. , and at various times in his career provided Legal, Compliance and Secretarial services at Intercontinental Properties, Siemens Nigeria, Access Bank Plc, and First Bank of Nigeria.

At FirstBank, Shofola was Assistant Company Secretary, and serviced the Board of the Bank, and subsidiaries within the FirstBank Group. He was a member of the inaugural stream of the FirstBank Senior Management Development Programme (SMDP01).

He is a Chartered Secretary (ACIS), Institute of Chartered Secretaries of Nigeria (ISCAN), a Certified Anti-Money Laundering Specialist (CAMS) and Member, Society For Corporate Governance, Nigeria. He holds a number of Governance, Risk and Compliance-related Certifications.

 Mr. Shofola Osho

Mr. Batchi Baldeh is an investment banker, infrastructure developer and utility management specialist, with over 33 years of professional experience across the power value chain and financing capital structure. Mr. Baldeh is currently the Director – Power Systems Development, at the African Development Bank (AfDB), which he joined in May, 2017. He is also responsible for the management of the AfDB’s private sector energy loan portfolio.

Prior to joining AfDB, Mr. Baldeh was the Director – Power Business, Investments Division, at the Africa Finance Corporation. He has also been a consultant to the World Bank, European Union / BizClim and Government of Lesotho; and was the pioneer Managing Director of Gambia’s National Water and Electricity Company, from 1995 – 1999.

He is currently a Non-executive Director of the Africa Finance Corporation; and served as the Chairman of the Board of Directors of Cabeolica S.A. and Cenpower Operations and Services Limited. He was an Alternate Director and Technical Committee member of the Benin Electricity Distribution Company.

Mr. Baldeh holds an MBA from Boston University (USA) and BSc- Honours in Electrical & Electronic Engineering from Newcastle-upon-Tyne University (UK). He is a member of the Institute of Engineering & Technology (UK) and a Fellow of the Institute of Directors, Southern Africa.

Mr. Henry Paul Batchi Baldeh

Mr. Mohammed Bintube is a consummate Banker with over 30 years experience in the banking industry; most of those years spent at board-level and other leadership positions. 

He is currently the Chairman of Jaiz Bank Plc, a licensed non-interest bank, and Buraq Capital Limited, an investment management firm, licensed by the Securities and Exchange Commission. His boardroom experience and lead board roles include Chairman, Board of Directors of Emerging Africa Trustees Limited (2022 to date); Chairman, Board of Directors of Neelds Realty (2021to date); Chairman, Qalam Travels and Tours (2021 to date); Chairman, Board Credit and Governance Committee of the Bank of Industry (2017-2022); Chairman of the Board Licensing and Regulatory Committee of the Nigeria Communications Commission (2010- 2015); Chairman of the Board Finance and General Purpose Committee of the Nigerian Reinsurance Corporation (1991 -1993). He is a member of the National Council on Privatization of the Federal Government of Nigeria, chaired by His Excellency, The Vice President of the Federal Republic of Nigeria.

Active in public service and community development, he is a member of a number of significant committees and societies through which he contributes his own quota to the success of socially impactful initiatives and national development. His educational achievements and prestigious awards, like the IET Award, underscore his commitment to continuous learning, leadership and excellence.

Mr. Mohammed Bintube holds a Bachelor of Science Degree in Business Administration from Ahmadu Bello University, Zaria (1981) and an Advanced Diploma in Banking and Finance from Fin-Africa, Millan, Italy (1989). He has attended several Executive and Leadership programs within and outside the country.

Mr. Bintube is the Chairman of the DBN Board Ethics Committee. 

Mr. Mohammed Mustapha Bintube 

Dr. Tony Okpanachi was appointed Managing Director/CEO of Development Bank of Nigeria Plc (DBN) in January 2017.

He is a seasoned banker with over 30 years’ experience. Before his appointment as Managing Director/CEO of DBN, he was the Deputy Managing Director of Ecobank Nigeria Limited since April 2013. Prior to that, he was the Managing Director, Ecobank Kenya and Cluster Managing Director for East Africa (comprising Kenya, Uganda, Tanzania, Burundi, Rwanda, South Sudan and Ethiopia). He was also at various times Managing Director of Ecobank Malawi and Regional Coordinator for Lagos and South West of Ecobank Nigeria.

Earlier in his professional career, he managed various portfolios including Treasury Management, Retail Business Development, Corporate Finance, Corporate Services, Branch Management and Relationship Management.

He holds a Master degree in Business Administration (MBA) from Manchester Business School UK, a Master of Science degree in Economics from University of Lagos and a Bachelor of Science degree in Economics from Ahmadu Bello University, Zaria, Nigeria. He has attended several Executive Management Development Programmes on Leadership, Corporate Governance, Credit and Risk-Management in leading institutions.

Dr. Tony Okpanachi

Ms. Imoni Akpofure, brings immense experience to the DBN Board. With over 30 years of expertise in Finance and Sustainability, Ms Imoni Akpofure serves as a Member and Trustee on the board of various Foundations and Organisations in developed and developing economies, notably across Africa. 

Ms. Imoni Akpofure was the Regional Director for Africa, at CDC Group Plc (now BII), the United Kingdom’s Development Finance Institution which invests in viable private businesses in developing countries to bootstrap economic growth. 

Ms. Imoni Akpofure held various senior positions at the International Finance Corporation (“IFC”) where she worked for over 18 years, across various roles including the role of
Director for Western Europe. She currently serves as a Director on the Board of Africa50, a Morocco-based pan-African infrastructure fund, and as a Trustee on the Boards of the Engineers in Business Fellowship, UK, and the Gamaliel and Susan Onosode Foundation (“GAMSU”), Nigeria. She is also a member of the Investment Committees of Africa50, the Africa Renewable Energy Fund II (AREFII), and the Fund for Agricultural Finance in Nigeria (“FAFIN”).

Ms. Imoni Akpofure holds a Bachelor's degree in Civil Engineering from the Imperial College, London, a Master of Science degree in Environmental Engineering from Newcastle University, London, and a Master's in Business Administration from INSEAD.

Ms. Imoni Akpofure is the Chairperson of the DBN Board Audit and Compliance Committee and is a Member of the DBN Statutory Audit Committee.

Ms. Imoni Akpofure

Mrs. Ijeoma Ozulumba, is a finance professional with over 25 years’ experience in banking, accounting, auditing, finance and business strategy.

She started her professional career at Price Waterhouse (Now PwC) in 1990, in the audit and business advisory services division where she performed audit and consulting work for different companies across all industries, particularly financial services.

She worked at various times at Diamond Bank, Continental Trust Bank Ltd (Now part of UBA Plc) and MBC International Bank Ltd. (Now part of First Bank), both as Financial Controller, FinBank Plc as Chief Financial Officer, Bank of Montreal and Scotia Bank both in Canada as Basel Risk Consultant and Finance Manager. Prior to joining DBN, she managed corporate budgeting and management reporting for Seplat Petroleum Development Company plc, the largest independent E&P company in Nigeria.

She is a graduate of the University of Benin, Nigeria, a fellow of the Institute of Chartered Accountant of Nigeria, a Certified Professional Accountant of Canada, a Project Management Professional, an alumnus of the Lagos Business School and holds an MBA in International Business from Royal Holloway, University of London.

Mrs. Ijeoma D. Ozulumba

Mr. Aminu Umar-Sadiq holds Bachelor’s and Master’s degrees in Engineering Sciences from the University of Oxford. He has significant experience in the financial services sector spanning Public Finance Management, Mergers & Acquisitions, Private Equity, and Asset Management. In his most recent role at Nigeria Sovereign Investment Authority (“NSIA”), he served as the Executive Director responsible for all direct investments and portfolio management activities of the Nigeria Infrastructure Fund (NIF), the NSIA’s multi-product, cross-sector domestic infrastructure Fund.

Mr. Aminu Umar-Sadiq led a team of over 20 investment professionals in originating, executing, and managing direct investments and private equity investments across the Healthcare, Agriculture, Power, Transportation, Gas-Based Industries and Technology sectors in Nigeria. He worked previously at both Morgan Stanley Investment Bank, London and Societe Generale, London, where he worked in Mergers and Acquisitions; and at Denham Capital Management, London, a natural resource, and infrastructure focused Private-Equity Fund.

Mr. Aminu Umar-Sadiq

With over 36 years of experience in financial services covering auditing, business assurance, consulting, strategy, taxation, process re-engineering, and capital market operations, Mr. U.
K. Eke, MFR a financial services expert, is an excellent addition to the DBN Board.

He is currently the Executive Chairman of Fairchild Group, a fully integrated business advisory firm operating out of Lagos, Nigeria, which provides solutions to corporates in the areas of business strategy, consulting, corporate finance, debt and equity structuring, real estate, and procurement.

Mr. U. K. Eke, MFR, was the Group Managing Director of FBN Holdings Plc and also served as a Non-Executive Director on the Boards of First Bank of Nigeria Limited (“FirstBank”), FBNQuest Merchant Bank Limited, FirstBank London and First Pensions Custodian Limited. He joined the Board of FirstBank, an FBN Holdings Company, in 2011 as Executive Director, Public Sector South and until he was appointed Group Managing Director of FBN Holdings Plc, was responsible for all retail, commercial, and public sector businesses in Southern Nigeria, with concurrent responsibility for Private Banking and Wealth Management.

Mr. U. K. Eke, MFR, commenced his professional career at the global audit firm of Deloitte Haskins & Sells International (Chartered Accountants) before venturing into banking in 1991. Before joining FirstBank, Mr. U. K. Eke, MFR, was the Executive Director, of Regional Businesses, Lagos & West, at Diamond Bank Plc, and was part of the Executive Management team that solidified the place of Diamond Bank Plc, as a leading commercial bank in Nigeria.

Mr. U. K. Eke, MFR is a Fellow of the Chartered Institute of Bankers of Nigeria (“CIBN”), Fellow, of the Institute of Management Consultants (“IMC”), Fellow, of the Chartered Institute of Directors (“CIoD”) and Fellow, Institute of Chartered Accountants of Nigeria (“ICAN”). He holds a first degree in Political Science from the University of Lagos and a master's degree in Business Administration in Project Management Technology from the Federal University of Technology, Owerri. 

He is a holder of a National Award, a Member of the Federal Republic (“MFR”), and a recipient of the prestigious Zik Prize in Professional Leadership. 

He is the Chairman, Board of Governors, CIoD Centre for Corporate Governance, Member, of the Advisory Board, University of Wolverhampton, United Kingdom Centre for African
Entrepreneurship & Leadership (“CAEL”).

Mr. U. K. Eke, MFR, is the Chairman of the DBN Board Finance Committee and a member of the DBN Statutory Audit Committee.

Mr. Urum Kalu (UK) EKE, MFR

Ms. Fatogbe brings a wealth of multidimensional experience from an over thirty-year career that has spanned central, development & commercial banking, economic development, corporate governance, consulting, property development and entrepreneurship.  

Her career antecedents include senior roles in local as well as international organisations including: the Bank of England, the UK's Financial Services Authority, the NatWest Group, Lloyds TSB Financial Markets, NCR Teradata, The Royal Bank of Scotland, Phillip’s Consulting, the Central Bank of Nigeria (CBN) and latterly as an entrepreneur and founder of the Made-in-Nigeria clothing and accessories brand, OYAATO, and The De-Risking Lab, a risk advisory consultancy.

Prior to setting up as a double entrepreneur, in the deep throes of the Global Financial Crisis, she was headhunted to join the new CBN Governor in reforming the Nigerian Financial sector and strengthening the Bank as his Special Adviser on Risk Management & Banking Reforms. 

Ms. Fatogbe was subsequently tasked with setting up an Enterprise Risk Management function for the Bank which led to her combining her role as Special Adviser with that of her being the Bank’s pioneer Director of Risk Management. 

Her sound strategy and risk management skills were instrumental to the considerable work that was done at the Bank to avert a banking crisis in Nigeria during and in the immediate aftermath of the Global Financial Crisis. The CBN subsequently received international recognition and won many awards for its handling of the crisis – including an invitation to address the US Congress on the same. 

Ms. Fatogbe continues to be driven by her passion to deploy her experience, skills and creative skills to further impactful use for Nigeria and the wider African continent. 

Ms. Fatogbe is a fellow of the Chartered Risk Management Institute and holds an MBA in Finance & International Business from Cardiff Business School as well as a Bachelor's degree in Communication Arts from the University of Ibadan. She is also a published author of a leadership book: "Inspiring a Generation."

Member of the pioneer Ekiti State Economic Management Team

Pioneer Chairman of RIMAN, the Risk Management Association of Nigeria

Non-Executive Director of Fountain Holdings Limited - the investment arm of the Ekiti State Government.

Our People

Board of Directors

Dr. Tony Okpanachi

Managing Director/CEO

Mrs. Ijeoma D. Ozulumba

Executive Director, Finance/Corporate Services

Mr. Henry Paul Batchi Baldeh

Non-Executive Director

Mr. Aminu Umar-Sadiq

Non-Executive Director

Mr. Kyari Abba Bukar

Independent Non-Executive Director

Mr. Mohammed Mustapha Bintube

Independent Non-Executive Director

Ms. Folakemi Fatogbe

Independent Non-Executive Director

Mr. Urum Kalu (UK) EKE, MFR

Independent Non-Executive Director

Ms. Imoni Akpofure

Independent Non-Executive Director