Mr. Shehu Usman Osidi is a seasoned banker with over 30 years of experience, having held key roles at Lion Bank, Diamond Bank, Intercontinental Bank, and Afribank before joining the Federal Mortgage Bank of Nigeria (FMBN) in 2010. Rising to General Manager, he retired in 2023 to become Special Assistant (SA) Housing/Chief of Staff to the Honourable Minister of Housing and Urban Development, and now serves as Managing Director/Chief Executive of FMBN. Osidi holds an MBA from Bayero University, Kano, and is affiliated with several professional bodies. He is an alumnus of Harvard Kennedy School and the Wharton School. Married with children, he enjoys reading, traveling, and learning.
Mr. Ibidapo Odojukan is a passionate transformational leader with about 25 years working experience that spans both the private and public sectors, where he held both Executive and Non-Executive positions and managed an array of projects and programs of organizations.
Hon. Muhammad Sani Abdu is a seasoned professional, with vast experience spanning 53 years in the public, academic and political sectors.
Before his appointment as Executive Director, Loans and Mortgage Services at the Federal Mortgage Bank of Nigeria, he was a two-term member of the House of Representatives, representing Alkaleri/Kirfi Federal Constituency, between May, 2007 to June 2011, and June 2015 to 2019.
Mrs. Chinenye Chinedu Anosike is an accomplished banking professional, with about 23 years’ experience. She started her banking career with the erstwhile Standard Trust Bank in the year 2001, as a green horn in teller operations. Chinenye rose through the ranks to the position of Branch Manager at the United Bank for Africa (UBA) Plc, before her appointment as Executive Director, Business Development and Portfolio Management, Federal Mortgage Bank of Nigeria (FMBN).
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Ayodeji Gbeleyi is currently the Managing Partner/CEO of GA Capital Limited, a niche-player advisory firm in the Infrastructure Project Finance, Public-Private Partnerships, Public Finance Management and Regulatory space. He is an ICAN Award-Winning Chartered Accountant. A Fellow of both the Institute of Chartered Accountants of Nigeria (ICAN), the Chartered Institute of Taxation of Nigeria and an MBA Holder, University of Navarra IESE, Spain, with broad skills-set and cross-functional expertise in Public Policy Making, Public Finance Management, Public-Private Partnerships (PPP), Corporate Governance & Strategy Formulation, Project Finance, Treasury Risks Management, Investment Banking, Financial Advisory, Multi-Stakeholders Relationship Management, Financial Control & Reporting, Banking Operations, and Auditing. He is also an alumnus of the prestigious London Business School, and Lagos Business School. Attended several local and foreign capacity development programmes at Harvard Kennedy School of Government, Wharton School University of Pennsylvania, etc.
He has over three decades post qualification hands-on experience and exposure in diverse sectors and multi-cultural work environments including manufacturing, fast-moving consumer goods (FMCG), banking, insurance, telecoms, power, infrastructure and public administration. He has led series of large ticket and complex infrastructure project transactions across economic and social sectors.
His private sector experience in senior management up to C-Suite roles spanned Nestle Plc, Nigerian Bottling Company Plc, Marina International Bank, Lead Merchant Bank, Guardian Express Bank Plc, Econet Wireless Nigeria, Vodacom Nigeria, Vmobile Nigeria, Celtel Nigeria and African Advisory Services. He was Treasurer at three different banks during his banking career.
Ayodeji has criss-crossed widely across the globe and extensively involved in leading International Roadshows aimed at attracting much-needed Foreign Direct Investments (FDIs) into Nigeria. He led the Finance Team of Vmobile as the Chief Treasury Officer that spearheaded the deal negotiation culminating in the successful raising in September 2005 of over US$1.1 Billion multi-currency and multi-sourced project finance. The transaction, a blockbuster in the annals of Project Finance in Nigeria was voted the “Europe Middle-East & Africa (EMEA) Telecoms Deal of the Year 2005” by ProjectFinance Magazine a publication of Euromoney Institutional Investor Plc, UK, a global authority in the reporting and analysis of developments in the project and infrastructure financing arena. Similarly, the deal was nominated for the “ThisDay Newspaper 2005 Transaction of the Year”. The transaction included components for vendor financing from OEMS; Ericsson, Motorolla, Siemens, Harris and Huawei to fund the flagship Project ROSE (Roll-Out Service Everywhere).
Furthermore, Ayo played a pivotal role in the negotiation of the circa US$1 Billion investment transaction that resulted in the May 2006 acquisition of 65 percent equity stake in Vmobile by Celtel International B.V. In this regard he championed on record till date and in a seamless manner the single largest Foreign Direct Investment (FDI) of US$1 Billion foreign exchange inflow into Nigeria without any disruption to the market nor creating a US$/Naira rate volatility in collaboration with the Central Bank of Nigeria (CBN).
He is a former Honourable Commissioner for Finance in the Lagos State Government Executive Council with concurrent responsibility for the oversight of the Office of PPP. In that capacity, he doubled as the Special Adviser to the Governor and the pioneer Director-General of the Lagos State Office of PPP, the Agency driving the Government-to-Business (G2B) collaboration anchor policy thrust for the acceleration of infrastructure delivery and provision of social services towards the actualization of the Babatunde Raji Fashola (SAN) Administration’s vision of making Lagos Africa’s Model Megacity. Amongst multiple other Reforms championed, he anchored the first ever publication of the International Public Sector Accounting Standards (IPSAS) compliant Government Audited Financial Statements in Nigeria in 2015. He was headhunted in a global recruitment process as the pioneer Director-general to set up the Lagos State Office of PPP, a pacesetter agency in Nigeria.
He also led the closure of one of the largest sub-National Bonds in Africa of N87.5 Billion (circa US$565 million) in 2013, Two Tranches of the World Bank Development Policy Operation of US$200 Million Concessionary Facility each, French Development Agency 20-year tenor US$100 Million concessionary Loan, World Bank US$42 Million Education Intervention Facility and the upgrade of the State’s National Long Term Rating by Fitch Ratings to “AA+ (nga) with Stable Outlook”. He equally played a pivot role in the setting up, in conjunction with Infrastructure Concessioning & Regulatory Commission (ICRC), the Nigeria PPP Network (NPPPN) for sector-wide knowledge sharing and capacity building for both public and private sectors’ practitioners.
He is currently the Chairman, Board of Directors - Axa-Mansard Health Limited, Chairman, Board of Directors – Northwest Quadrant Development Limited (& Alaro City Development FZC – Lekki Free Zone), Member - Statutory Board Audit Committee, Stanbic-IBTC Bank Plc, Member - BusinessDay Editorial Advisory Board, and Chairman Board of Governors, Baptist College of Theology Lagos.
He is the immediate past Chairman, Board of Directors – Yola Electricity Distribution Company Plc, and previously served as Member - Board of Directors Volkswagen of Nigeria, Chairman - Board of Directors Lekki Concession Company Limited (LCC), Director, Med-view Airline Plc, Chairman - Lagos State Mortgage Board (LagosHOMS), Member - Cooperative Home Ownership Incentive Scheme (CHOIS) Board and Council Member – Lagos Chamber of Commerce & Industry (LCCI), Chairman, Board - Development Office, College of Medicine (University of Ibadan), Board Member, - Lagos State Public Procurement Agency, Member - Lagos Innovation Council, amongst others.
Mr. Ayodeji Ariyo Gbeleyi is happily married with children and has deep passion for infrastructure development, sustainable economic growth and development, social inclusion, and philanthropy. He enjoys reading, travelling, cycling, playing table-tennis, watching football, and listening to music. Ayodeji is from the Onigbesa Family of Oshodi Land and environs in Lagos State.
Shehu Usman Osidi ’is a consummate banker with over 30 years of banking experience. He commenced his career in banking in 1990 and given his outstanding leadership acumen and strategic prowess, rose to the position of Branch Manager/Head of Marketing at four different Banks namely, Lion Bank of Nigeria Plc, Diamond Bank Plc, Intercontinental Bank and Afribank Nigeria Plc, before joining the Federal Mortgage Bank of Nigeria as Assistant General Manager in April 2010.
He rose to the position of General Manager at the Federal Mortgage Bank of Nigeria and voluntarily retired on the 4th of September, 2023, following his appointment as the Special Assistant (SA) Housing/Chief of Staff to the Honourable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa. He served in this position till his appointment as Managing Director/Chief Executive of the Federal Mortgage Bank of Nigeria.
Osidi is a stellar performer and an achiever who has done creditably well in all assigned roles and capacities. As a testament to his remarkable achievement in the banking sector, Osidi is a recipient of several awards.
As SA Housing/Chief of Staff to the Honourable Minister, he strategically led the development of the Honourable Minister’s blueprint and ensured its alignment with President Bola Ahmed Tinubu’s Renewed Hope Agenda and Action Plan for Housing. Between 2017 and 2022, while serving as SA to the MD/CE, Federal Mortgage Bank of Nigeria, Osidi spearheaded and actively participated in the development and implementation of a 6-point Agenda for the new Management which assumed duty in April 2017.
Earlier, from 2012 to 2017, as Group Head, Special Products, he led the development of the Cooperative Housing Development Loan product, which was intended to bring the Informal Sector into the housing finance system, thereby actualising the Bank’s vision of financial inclusion. This led to the delivery of 3,540 housing units to Cooperative Societies across the country. Additionally, in a bid to deepen the Bank’s market reach and address the needs of specific market segments, Osidi initiated the introduction of three (3) new products, namely; the Federal Mortgage Home Renovation Loan, the Rent-to-Own, and the Nigerians in the Diaspora NHF Mortgage loan products. He further facilitated and optimised the Home Renovation and Rent-to-Own loan windows which have in turn achieved a total disbursement of N80.1 billion to 77,575 beneficiaries and N1.14 billion to 76 beneficiaries respectively.
Osidi also chaired the Committee that worked alongside other stakeholders to develop a Rent-to-Own product paper under the Bank’s newly opened non-interest banking window. He initiated the development and implementation of Housing Development for Nigerian Workers under the National Affordable Housing Delivery Programme for Nigerian Workers, in collaboration with the Labour Unions namely; the Nigerian Labour Congress (NLC); the Trade Union Congress (TUC) and the Nigeria Employers Consultative Association (NECA). Osidi holds a Master’s Degree in Business Administration (MBA) from Bayero University, Kano, 2002 and is affiliated to many professional bodies. He is an Associate Member of the Chartered Institute of Personnel Management of Nigeria (ACIPM), a Member of the Nigerian Institute of Management (MNIM), an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (HCIB), a Fellow of the Institute of Credit Administration (FICA), and a Certified National Accountant (FCNA).
He has attended several courses both locally and internationally, including, Accessing Global & Financial Resources for Mass Housing, (Ashford & Mcguire Consulting) London, UK (2011); Global Best Practices in Public Finance Management (J. K. Consulting Ltd) Dubai, United Arab Emirates (2012); Leadership Decision-Making: Optimising Organisational Performance, Harvard Kennedy School of Government, Harvard University, USA (2014); Conference on Diaspora Mortgages – Tour to New York and Maryland, USA and Paper presentation to Nigerians in the Diaspora, Office of Nigeria’s Permanent Representative to the United Nations, Washington DC, USA (2014) amongst others. He is an alumnus of the prestigious Harvard Kennedy School of Government, Harvard University, Boston, USA as well as the Wharton School, University of Pennsylvania, USA.
Osidi enjoys reading, travelling and learning new things.
He is happily married with children
Mr. Ibidapo Odojukan is a passionate transformational leader with about 25 years working experience that spans both the private and public sectors, where he held both Executive and Non-Executive positions and managed an array of projects and programs of organizations. Odojukan is deeply passionate about creating sustainable value in organisations and impacting on the effective and efficient delivery of projects and programs in relation to time and budget.
Over the course of his career in Executive roles, Mr. Odojukan has managed projects and programs, delivering value in line with outlined business cases and business benefits. With seven (7) years cognate experience in Non-Executive Board roles, he possesses deep understanding of the requirements of corporate governance and compliance expectations. Before his appointment as Executive Director, Finance & Corporate Services at the Federal Mortgage Bank of Nigeria, Mr. Odojukan was a Partner and Director, Chestercross Consulting, a management consulting and strategy firm.
He has chaired several Board Committees focused on specific areas like corporate strategy, business development, enterprise & investment risk and organizational change. From 2018, before becoming a Director at Chestercross, Odojukan was a Non-Executive Director, Rosaab International Cos. Limited and chaired the Board Committee on Strategy & Business Development responsible for reviewing, iterating and monitoring management’s short, medium and long term strategic plans. Prior to this, he had served as Group Chief Executive Officer at the company from 2012 to 2017. He also served as Non-Executive Director, Charterhouse Pharmaceuticals (2016) as well as Group Managing Director/Chief Executive, Gateway Holdings between 2010 and 2011.
While at Rosaab International, Odojukan initiated and drove the establishment of business operations in several West African Countries under the company’s “African footprint” growth strategy. A significant milestone in his career at Rosaab was the execution of nationwide rebranding implementation of twenty three banks inspired by the Central Bank’s banking reforms.
Mr. Odojukan holds a Bachelors degree in Philosophy from the Obafemi Awolowo University, Ile-Ife, Nigeria (1990) and has attended several international and local courses including Executive Education: Change and Organizational Renewal at Harvard Business School, Boston USA (2007), Business Analytics Certification Course at Imperial College, London (2022) and Advanced Management Program at Ashridge Management School, United Kingdom (2004), amongst others.
He enjoys traveling, reading, learning new things and watching movies.
He is happily married with children.
Hon. Muhammad Sani Abdu is a seasoned professional, with vast experience spanning 53 years in the public, academic and political sectors.
Before his appointment as Executive Director, Loans and Mortgage Services at the Federal Mortgage Bank of Nigeria, he was a two-term member of the House of Representatives, representing Alkaleri/Kirfi Federal Constituency, between May, 2007 to June 2011, and June 2015 to 2019.
At the Green Chambers, Abdu served in several committees namely: Member, Committee on Constitutional Review, Chairman, Sub-Committee on Federal Housing Authority of the Committee on Housing, Member, Committee on Housing, Deputy Chairman, Committee on Nigeria-Saudi Parliamentary Friendship and Hajj Affairs, Member, Committee on Works, Committee on SDGs, Committee on FCT, amongst several others between 2015 and 2019. He was also a Member, House Committee on Housing and Habitat between 2007 and 2011.
As a vibrant member of the House, Hon. Abdu sponsored many bills and moved many motions, significantly, a Bill for an Act to alter the 1999 Constitution (as amended), to balance annual budgetary allocation of resources between recurrent and capital expenditure, as well as a Bill for establishment of Nigerian-Armed Forces Reserved Corps. Hon. Abdu’s passion for housing provision impelled him to establish Hinterland Properties Ltd (HPL) in 2002, a platform which he uses to develop properties for sale, lease and rentals.
He worked as the Deputy Director, Cooperation and Development Department at the Ministry of Cooperation and Integration in Africa (MCIA), between 2004 and 2006, where he coordinated the Regional Cooperation Division of the Department. As a Deputy Director (Resettlement) at the Ministry of Federal Capital Territory (2003-2004), Hon. Abdu played a critical role in the development of the FCT Mass Housing Policy.
From 1993 to 1999, he was an Assistant Professor at the Department of Urban and Regional Planning, College of Architecture and Planning, King Faisal University, Dammam, Saudi Arabia. Earlier in 1990, he took up an appointment as the Director, Physical Planning at the University of Jos and moved on to the Urban Development Bank of Nigeria Plc, as Controller and Head of Commercial Ventures and Public Utilities Department.
Hon. Abdu was also the National Coordinator, (Rural Housing Programme) between 1989 and 1990, and was responsible for formulating policy issues for the nationwide rural housing programme.
In a bid to transfer his wealth of knowledge and experience to the upcoming generation, Abdu took up lecturing at the Federal Polytechnic, Bauchi. This was prior to working at the Bauchi State Development Board, Environment Seven (Nigeria) Ltd, and Bauchi State Ministry of Works and Transport. He has held other ad hoc appointments in Bauchi, including Chairman, Environmental Sanitation Task Force Committee, Chairman, Federal Government N20 Million Special Grant Implementation Task Force, University of Jos, amongst others. Hon. Abdu is a fellow of the Nigerian Institute of Town Planners (FNITP), Fellow, Nigerian Institute of Management (FNIM) and a Registered Town Planner (RTP).
He is a seasoned Boardroom player, having served on different Boards, both in the capacity of Chairman and Member. Between 2000 and 2004, he was the Chairman, Board of Directors, Aso Savings and Loans Ltd, Member, Board of Lion Bank Plc, and Member, Board of Capital Hotels Ltd, Abuja. He was also Member, Board of Directors, Benue Cement Company Plc, and Member, FCT Mass Housing between 2003 and 2004. Between 2006 and 2007, he served as a Member, Board of Directors, ECOWAS Regional Development Fund (ERDF). Hon. Abdu holds a Doctorate in Town and Regional Planning from the University of Sheffield, England, a Masters in Urban and Regional Planning and a Bachelors in Architecture both from the Ahmadu Bello University, Zaria.
He has attended and presented papers at many international and local workshops and seminars. As a Member of the Development Studies Association of Great Britain, he attended and presented a paper at the 1988 Conference of the Association at the University of Birmingham. He also participated in a training by the Ghana Institute of Management and Public Administration (GIMPA), on Regional Cooperation and Integration in Africa in 2006. Abdu also attended a Common Wealth Fellowship Executive Course in Nanyan University, Singapore on Direct Foreign Investment (DFI) in 2001, amongst many other workshops and seminars.
He has written many articles and published some of them in reputable international journals, bordering on rural development planning, urban governance, regional development planning and environmental system management.
Hon. Abdu enjoys playing football, jogging, reading and attending study circles.
Mrs. Chinenye Chinedu Anosike is an accomplished banking professional, with about 23 years’ experience. She started her banking career with the erstwhile Standard Trust Bank in the year 2001, as a green horn in teller operations. Chinenye rose through the ranks to the position of Branch Manager at the United Bank for Africa (UBA) Plc, before her appointment as Executive Director, Business Development and Portfolio Management, Federal Mortgage Bank of Nigeria (FMBN).
As a Cash Officer, Chinenye was saddled with the responsibility of handling cash transaction entries, posting deposits, paying salaries/instruments and other sensitive duties specific to cash tellers. While handling these tasks, Chinenye simultaneously served as the Customer Service Officer between June 2001 and November 2006. Following her excellent delivery on tasks and her display of integrity, she was promoted to the position of Branch Operations Manager in November 2006, with the core responsibilities of supervising and training Operations staff and ensuring the smooth running of all units under Operations.
She subsequently took on the role of Profit Centre Manager and then Branch Manager in November 2012, to manage the brand and ambience of the Bank, market the Bank and ensure effective customer service delivery for the growth of the Branch and the Bank. Her outstanding performance was a gateway to her promotion to the position of Acting Area Manager, with the responsibility of providing leadership and strategic management to the marketing operations of the Bank. She also effectively managed Business Managers in the Area and deepened valued relationships with senior level business clients.
Chinenye’s career path has exposed her to different calibres of people and personalities across all sectors of the economy. As the Branch Manager in charge of the National Assembly – House of Representatives Business Office, she assumed the strategic role of serving as a liaison between the Bank and the Lawmakers as well as rendering financial services to the entire National Assembly Community. Chinenye is a graduate of English Language (2nd Class Upper) from Abia State University. In spite of the busy schedule associated with the banking profession, Chinenye’s quest for more knowledge spurred her on to pursue and acquire a Masters in Business Administration (MBA Marketing) in 2017.
She has attended several trainings aimed at sharpening her marketing, customer service relations and result-oriented supervisory leadership skills. She participated in the Accelerated Credit Development Workshop conducted by H. Pierson Associates Ltd, as well as the KSBC Advisory Partners Ltd Credit School for Branch Managers, Team Leaders and Account Officers Training Programme.
Chinenye is a Fellow of the Chartered Institute of Loan and Risk Management of Nigeria, a Member of the Chartered Institute of Bankers of Nigeria and a Chartered Member of the Nigerian Institute of Management. She possesses exceptional skills in marketing leadership, people development and management, relationship management, turnaround management and credit analysis.
During her leisure, she enjoys reading, traveling, meeting people and singing.
Abimbola A. Asein is an experienced Architect with several years’ experience working in the public sector. She is representing the Federal Ministry of Works & Housing (FM&WH) on the FMBN Board as a Non-Executive Director.
She is currently the Head of the Public-Private Partnership Unit at the Federal Ministry of Works and Housing where she is responsible for several high-level professional functions. This includes project design, monitoring and implementation, construction supervision of the Ministry’s projects, coordination of professional documentation and payments, preparation of technical reports and recommendations, and overseeing the Ministry’s Public-Private Partnership (PPP) Functions amongst others.
Some of the key projects Arc. Asein has handled comprise Construction Supervision as Project Architect for the Africa First Ladies Peace Mission House, Abuja, Police Service Commission, Abuja; International Cancer Center, Abuja; Finance and Account Building, Federal Ministry of Housing and Urban Development HQ, Mabushi, Abuja; Design and Construction Supervision for the Reconstruction of the Press Centre, Radio House, Federal Ministry of Information and National Orientation, Abuja; and Design and preparation of construction documents and drawings as Project Architect for the Construction of Zonal Information Center, Abuja in the six geo-political zones of Nigeria.
Arc Asein has also been involved in the design and preparation of construction documents and drawings for the Reconstruction of Existing Information Center, Kaduna for the Federal Ministry of Information and National Orientation Abuja, Energy Audit for the Federal Ministry of Lands Housing and Urban Development organized by the Ministry in collaboration with German Agency for International Cooperation (GIZ), and the creation of Energy Efficiency Guidelines for Nigeria organized by the Federal Ministry of Lands, Housing and Urban Development organized by the Ministry with GIZ/NESPP).
Arc. Asein is also a competent leader. She has been the Head of several PPP Project Delivery Teams (PDT) including that of the Highways Development & Management Initiative (HDMI), which involves the concession of Twelve (12) Pilot Federal Highway Corridors. The concession process is almost concluded.
She has Post Graduate Diploma (ICHUD), from the Institute for Housing and Urban Development Studies, Rotterdam (2014), a Master of Science MSc. (1997-1999) - and a Bachelor of Science (BSc.) in Architecture BSc 1991-1997 from the Ahmadu Bello University, Zaria, Nigeria.
In the course of a successful and brilliant career, Arc. Asein has acquired several professional qualifications. She is a Full Member of, the Nigeria Institute of Architects, a Member of, the Architects Registration Council of Nigeria (ARCON), and a Member, of the Society of Construction Industry Arbitrators.
Arc. Asein is happily married with children.
Ejezie, Sandra Nkechi is a dynamic and result-driven Executive with a highly successful background in the financial services sector, passion-driven for achieving organizational and managerial objectives in actualizing corporate growth.
She is a strategic and result-oriented individual who has been involved in Senior Management Strategic Retreats geared toward Corporate Positioning in a dynamic environment. A team player with vast experience in public sector alliance, networking, troubleshooting, lobbying for organization vision and mission actualization with zero tolerance for inefficient and ineffective performance.
Before she was appointed the Non-Executive Board Member representing public interest on the FMBN Board, Nkechi was the Managing Director, Crest Valley Continental Construction Ltd.
Nkechi has over five years’ experience in the stockbroking and forex marketing industry. Between 2002 to December 2006, she was the Head of Operations at Cashville Investment and Securities Limited, a Stockbroking Firm and Member of The Nigerian Stock Exchange. She later moved from there to head Whittis Bureau De Change, Abuja as the Managing Director.
Nkechi has a broad educational profile that includes banking and finance and economics. She attended the Institute of Management Technology, Enugu, and holds a Bachelor of Science BSc in Banking and Finance from the Enugu State University of Science & Technology, Enugu. She is currently pursuing her Master’s Programme in International Relations at Baze University, Abuja.
As a politician, Nkechi has served ln various capacities in the All-Progressives Congress (APC). This includes Member, Appeal Committee, Gubernatorial Primaries Elections in Ondo State (Sept. 2016), Chairman, Congress Appeal Committee in Plateau State ( 2017), Member, Appeal Committee, APC National Convention (2018), Member, Committee on Party Continuous Membership Registration in Jigawa State (2021). She was also Member of, Presidential Visitation Panel to the Federal Polytechnic, Nekede, Imo Stare (2021), Member, of Screening Committee, Gubernatorial Primaries Elections in Ekiti State (2022), and Member, Budget Sub-Committee, APC National Convention (2022).
Nkechi is widely traveled and has attended many trainings locally and internationally. She is from Ihiala LGA in Anambra State and is blessed with Children.
Chika Okey-Nwangwu is a Chartered Accountant with over two decades of professional experience’ in financial analysis, bank examination and surveillance, and distress resolution in the banking sector. She is representing the Central Bank of Nigeria (CBN) on the FMBN board as a Non-Executive Director.
Mrs Okey-Nwangwu is a Deputy-Director in the Other Financial Institution Supervision Department, CBN, and she is primarily assigned to provide effective coordination of the Primary Mortgage Bank (PMB) sub-sector. She supervises the assessment of PMB’s financial soundness indicator, provides inputs to Financial Industry Report on PMB sub-sector, coordinates the bi-yearly Mortgage Bankers’ Committee meeting and contributes to the review of policy documents for the mortgage sub-sector.
Besides the supervision of PMB subsector, Mrs Okey-Nwangwu is tasked with supervising the monitoring of financial safety, soundness and stability of Other Financial Institutions (OFIs) namely, Development Financial Institutions, Primary Mortgage Banks, Finance Companies, Microfinance Banks and Bureau de Change (OFIs). She reviews/approves Prudential and Non-prudential requests of OFIs.
Mrs Okey-Nwangwu rich experience as a regulator and supervisor of OFIs, enable her to effectively perform some key assignments which include distress resolution of Fortis Microfinance Bank Plc. Her diligence of purpose, integrity and tenacity throughout her period at Fortis MFB as the head of the Central Bank led-Interim Management Committee resulted in the seamless and successful resolution of the MFB as well as maintaining public confidence in the microfinance industry and she was awarded commendation by the management of the Central Bank of Nigeria for the excellent job.
As an experienced and competent bank examiner, Mrs Okey-Nwangwu is a principal member of various departmental committees which includes OFISD Teaching Faculty which is assigned to induct and teach new bank examiners OFISD job process and applicable accounting rules and supervisory regulations. OFISD Capital Review Committee tasked with reviewing the suitability of the source of funds of capital injected by OFI. She has led various on-site examination of OFIs, and she represents CBN at various financial industry fora.
She has a Master of Science in Management from University of Lagos (January 2009) and Higher National Diploma from the Institute of Management and Technology, Enugu (July 1998). She acquired professional qualification as a member of the Institute of Chartered Accountants of Nigeria (ICAN), October 2000.
Mrs Okey-Nwangwu is married with children.