Barring any last-minute adjustments, one of many 5 new banks licensed by the Central Financial institution of Nigeria (CBN), Titan Belief Financial institution Restricted is ready for entry into the Nigerian banking business in grand type, in a matter of weeks, The Witness can authoritatively reveal.
The Witness had reported that the CBN not too long ago authorized licenses for 5 new banks to function within the nation.
Whereas others are nonetheless recruiting and placing issues in place, inside .s say Titan Belief, a nationwide monetary establishment, has accomplished its processes and is ready for take-off quickly.
Led by seasoned banker and former deputy governor of the CBN, Mr. Tunde Lemo as chairman, the brand new industrial financial institution, .s knowledgeable The Witness is beginning operation with a stable put up capitalization monetary base in actual money.
A few of these already on board the brand new financial institution are skilled monetary gurus, giving the sign that the financial institution is prepared the compete with the long-standing and well-rooted Nigerian banks.
In keeping with the lender, the financial institution was fashioned to reap the benefits of the recognized gaps within the banking sector and tackle the unmet wants of the retail mass market, SMEs and corporates.
The brand new financial institution headquartered at Plot 1680, Sanusi Fafunwa Avenue, Victoria Island, Lagos, Nigeria has the next amenities: Business Banking, SME Banking, Digital Banking amongst others. On its industrial banking companies, the lender stated on its web site: “As a nationwide industrial financial institution, we’re dedicated to supporting companies, giving them the facility to construct a greater future. Every day, firms are working collectively to create sustainable financial worth.
“We’re dedicated to that imaginative and prescient by guaranteeing we offer enterprise capital and assets, primed to assist these visions, as we proceed to inform Africa’s story.”
Titan Belief Financial institution believes there may be nothing like a small enterprise. “All businesses are exactly that; businesses! Our team is made of professionals with an entrepreneurial mindset, working to help you and your business take advantage of the many benefits of banking with Titan, and give your competition a run for their money,” it stated.
Titan Belief additional posited that it’s going to leverage on digital platforms to empower the rising pan-African financial system, while showcasing the business pioneering options, experience and professionalism.
Established on the 12th of December 2018, the financial institution obtained its nationwide banking license on the 26th of April 2019, to function as a industrial financial institution with nationwide authorization.
Titan Belief Financial institution Emblem
OTHERS IN THE TITAN TEAM
Mr. Andrew Ojei
Mr. Andy Ojei is a Fellow of The Institute of Chartered Accountants of Nigeria in addition to a Fellow and Council Member of The Institute of Credit score Administration of Nigeria.
He was the pioneer managing director of Zenith Financial institution, Ghana. He left Zenith Financial institution Plc in June 2013 as an government director after 21 years of service. He’s a seasoned businessman with pursuits in actual property and knowledge know-how.
Ojei, an alumnus of the College of Lagos, Enugu State College of Science and Expertise, INSEAD (France), Stanford (Singapore) and Wharton (Philadelphia) presently serves as a member of the Governing Council of Ritman College, Ikot Ekpene, Akwa Ibom State.
Alhaji Abubakar Mohammed
Alhaji Abubakar Mohammed is a seasoned entrepreneur with over 30 years’ expertise managing and main companies throughout the nation.
He’s the managing director of Syndicated Funding Restricted, a building agency. He has held this put up for over 33 years.
He has additionally been the chairman/CEO of Impex Restricted, a safety, contracting and buying and selling firm since 1993.
Alhaji Aminu Bashari
Alhaji Bashari Aminu (Iyan Zazzau), is the chairman of the Board of Administrators of Important Merchandise Restricted.
He’s a Fellow of the Institute of Monetary Accountants (UK) and a Fellow of the Affiliation of Nationwide Accountants of Nigeria. He’s a senior title holder within the Emirate of Zazzau and was a Senior District Head of Sabon-Gari, Zaria in Kaduna State from 1979 to 2018.
He’s presently on the board of a number of firms.
Mudassir Amray – MD/CEO
Mudassir Amray is a banker with over 25 years of world publicity throughout six geographies (US, Nigeria, Malaysia, Hong Kong, Singapore, and Pakistan).
He has held senior positions in world banks similar to: Citi New York – Managing Director & Head of International Capital Administration (LATAM), Citi Nigeria – Managing Director & Head of Company & Funding Banking, Nigeria and Ghana, Al Rajhi Malaysia – Nation Enterprise Head, Citi HK – Head of Capital Administration, Asia Pacific, Citi Singapore – Head of Islamic Banking, Asia Pacific, Citi Pakistan, Nation Enterprise Head.
Adaeze Udensi – Govt Director
Adaeze has over 23 years’ banking expertise, and was till not too long ago, an Govt Director in Heritage Financial institution.
In her 4 years as government director, she supervised the South companies; oversaw Retail, Non-public Wealth, Collections, E-Enterprise, Buyer Expertise and IT features; and served as Govt Compliance Officer.
Adaeze additionally acted as managing director of Heritage Financial institution in 2017. . to this, she spent 16 years in Zenith Financial institution rising its Oil & Fuel, Public Sector, Business and Retail companies into the 2nd largest portfolio within the Financial institution, leaving as a common supervisor.
Adaeze has a primary diploma in banking, and MBA’s from Rivers State College of Science & Expertise, and the College of Bangor, Wales.
She has additionally attended a number of Govt Administration Programmes in Wharton Enterprise College, Kellogg College of Administration, Harvard Enterprise College, and INSEAD.
Stella Nwihim – Head of HR
Stella is a seasoned skilled with over 21 years’ expertise spanning Human Sources, Gross sales and Banking Operations.
She has held key HR positions in Zenith Financial institution Plc and UBA Plc together with Head Workforce Planning, Head Shared Providers and Head Enterprise Partnering, the place she made vital contributions in organizational improvement, efficiency and alter administration and enterprise technique.
She holds a B.Sc. and M.Sc. (Biology) and an MBA (Administration) and is a member of the Chartered Institute of Personnel and Growth (CIPD).
Mark Oguh – CFO
Mark has 22 years’ expertise within the banking business overlaying Operations, Audit and Monetary Management.
He’s additionally a Fellow of the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation of Nigeria.
He holds a Bachelor’s diploma in accountancy and enterprise administration and an MBA in banking and finance. He was the monetary controller at Diamond Financial institution from 2015 to March 31, 2019.
Ademola Ajayi – Chief Compliance Officer
Ademola Ajayi is the chief compliance officer of Titan Belief Financial institution Restricted. He holds Bachelor’s Diploma in Accounting (First Class Honours) from Babcock College, Ilishan Ogun State. He additionally holds Larger Nationwide Diploma in accounting with Higher credit class from the Polytechnic, Ibadan. He’s a fellow (FCA) of the Institute of Chartered Accountant of Nigeria (ICAN). He’s additionally an Affiliate of Compliance Institute of Nigeria (CIN). He’s a Safety and Trade Fee (SEC) registered Compliance Officer and a registered skilled of Monetary Reporting Council of Nigeria (FRCN). Internationally, he’s a Licensed Compliance Officer (CCO) and Licensed Fraud and Crime; Investigation and Prevention by GAFM USA. He’s additionally a fellow of GAFM USA.
He has been within the Nigerian Banking Sector since 1996, effectively over 2 many years, with expertise reducing throughout monetary management, credit score evaluation and monitoring, enterprise improvement, banking operations, inside controls, inside audit, inspection and compliance features. His profession in banking began in NAL Service provider Financial institution, the place he did the necessary one yr nationwide youth service. Instantly after his service yr, he was recruited by Zenith Financial institution, the place he carried out creditably effectively in banking operations usually, controls and threat administration associated features, and later with particular give attention to compliance threat administration function. He performed a key function in organising compliance division in Zenith Financial institution and took similar to an enviable top. Ademola AJAYI is a crew participant, and can positively impression any crew he finds himself. He has attended compliance trainings, regionally and internationally. He’s additionally a reliable coach on compliance issues.
George Aiyudu – Head of IT
George is an authorized COBIT implementer with over 21 years banking expertise overlaying Banking Operations, Worldwide Operations and Info Expertise.
He holds a Bachelor’s diploma in Chemical Engineering and likewise holds a Masters Diploma in Enterprise Info Methods. He was the Group Head, IT Change and Transformation at Diamond Financial institution.