Abbey Mortgage Bank Welcomes New Board Member, Anticipates Growth in 2024

Abbey Mortgage Bank, a leading Mortgage Bank in Nigeria kicks off the new year with fresh developments. Alongside the appointment of a new Chairman, the bank is excited to welcome Mrs. Adenike Kuti as a new Independent Non-Executive Director to the Board. This sets the stage for a year ahead filled with new opportunities and exciting directions for Abbey Mortgage Bank.

Mrs. Adenike Kuti is a Chartered Accountant and Corporate Finance Professional, with a background in business development, mergers & acquisitions, and investment banking. She obtained her first degree in accounting from the University of Lagos and a master’s degree in Finance and Investment with First Class Honors from the Nottingham University Business School. She also holds an MBA from the University of Oxford.

Mrs. Kuti has worked for Leapfrog Investments Limited, Africa Finance Corporation, KPMG, and Vetiva Capital Limited. As an Associate Director of Leapfrog Investments, she structured, executed, and managed its investment portfolio of 350m USD in Ghana, Kenya, and Nigeria. She is the founder of Oakheirs Limited, which played a pivotal role in the merger of CAP Plc and Portland Paints Plc. She also sits on the Board of E-finance Limited as a Non-Executive Director.

The Board is of the firm belief that this appointment would further promote diversity and inclusion in the Board structure."We welcome Mrs. Adenike Kuti with great enthusiasm,” stated Mobolaji Adewumi, MD/CEO of Abbey Mortgage Bank. “Her wealth of experience in financial management, strategic leadership, and corporate finance will undoubtedly contribute to our continued success."

Abbey Mortgage Bank is poised to reach new heights this new year. As a trailblazer in the Nigerian Mortgage Industry and a force in the Finance Industry as a whole, Abbey Mortgage Bank is committed to continued growth and success in this new era. With the dawn of the new year, the bank eagerly anticipates seizing new opportunities, introducing innovative products, and achieving significant growth in the coming months.