NOVA Merchant Bank confirms Duroha as substantive MD/CEO

The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive managing director/chief executive officer. The Board’s confirmation was made at its meeting of Thursday, December 6, 2018, and is subjected to the approval of the Central Bank of Nigeria. Mr. Anya Duroha has been in acting capacity since […]

The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive managing director/chief executive officer.

The Board’s confirmation was made at its meeting of Thursday, December 6, 2018, and is subjected to the approval of the Central Bank of Nigeria.

Mr. Anya Duroha has been in acting capacity since August 30, 2018.

He holds a Master of Science degree in banking & finance from the University of Benin and a Bachelor of Engineering degree in Civil Engineering from the University of Nigeria, Nsukka.

He is an alumnus of Wharton Business School, University of Pennsylvania and Lagos Business School (LBS).

He was the head, business banking at StanbicIBTC, where he was responsible for commercial banking and SME businesses in Nigeria.

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 the roles, he has managed portfolios in various sectors including manufacturing, agriculture, construction, oil & gas, infrastructure, aviation, power, maritime, telecommunications, Fast Moving Consumer Goods (FMCG) and structured trade finance.