BOARD

Chairman (Independent Non-Executive Director)
Abubakar Aribidesi Jimoh

Independent Non-Executive Director
Chioma Sideso

Independent Non-Executive Director
Baqi J Salihu

Non-Executive Director
DR. TONY OKPANACHI

Non-Executive Director
Mr. Bonaventure Okhaimo

Managing Director/CEO
Mr. Anthony Asonye

Chairman (Independent Non-Executive Director)

Abubakar Aribidesi Jimoh

Abubakar Aribidesi Jimoh is the founder and Group Chief Executive Officer of TrustBanc Holdings Limited, a non-operating financial holding company. He holds a bachelor and master’s degree in Finance at the University of Lagos. He is a Chartered Financial Analyst, Certified General Accountant, Chartered Internal Auditor and Financial Risk Manager.

He has over 25 years of experience in the banking industry and has managed and built profitable financial institutions that have grown to become market leaders in their various market segments. Abubakar started out as a National Youth Service Corps member at Lion Bank in 1988 before joining Prime Merchant Bank Limited (Corporate Banking), where he served as the AM/ Head of Special Projects in 1990. He also served as Head of Securities Trading and Treasury, Express Discount Limited (1993); Manager (RBC Investments, IAS), RBC Financial Group, Toronto (1999); Division Chief, Private Sector Portfolio Management, African Development Bank (2005); Divisional Head/GM, Balance Sheet Management/Market Risk & Investor Relations, UBA Group (2008); and Managing Director/Chief Operating Officer (2011), Coronation Merchant Bank Limited (Formerly Associate Discount House Limited ADH). He is currently the Group Chief Executive Officer of TrustBanc Holdings Limited, a company he founded in 2013, which focuses on wealth management, ethical and conventional investment management, security trading, lending, and forex.

Abubakar is a graduate of London Business School and Lagos Business School where he underwent trainings in Strategic Investment Management and Advanced Management. He is a fellow of the Chartered Institute of Bankers and Institute of Chartered Accountants, Nigeria as well as a former member of the Central Bank of Nigeria-led Bankers’ Committee.

Independent Non-Executive Director

Chioma Sideso

Chioma Sideso is a seasoned strategic leader with experience in complex developing markets. She has over fifteen years board experience in highly regulated sectors as an executive director, independent director and non-executive director ranging from start-ups to well established private and publicly listed companies in industries as diverse as logistics, mining, insurance, and financial services.

She spent over a decade as the CEO of NSIA Insurance Ltd, a Pan-African financial services provider with a vast footprint across Africa, participating in steering the African expansion strategy. With strengths in governance, strategy, performance improvement and culture change, she is an experienced business leader and board director with a successful record of growing and transforming businesses in diverse sectors. She has extensive knowledge of doing business in Africa and has chaired cross functional/cultural multilingual teams to ensure growth strategies are achieved. Chioma has facilitated numerous development programs promoting financial inclusion and supported projects indicative of the strong ESG business model adopted.

She built her early career in banking and insurance and began forging a path in Nigeria’s insurance industry where she became passionate about change management and transformation. Under her leadership, NSIA received recognition as an “Employer of Choice”.

Chioma pursued a law degree at the University of Kent, Canterbury before completing her MBA at the University of Leicester UK. She is an Associate of the Chartered Insurance Institute (ACII) UK, has received a Professional Diploma in Marketing from the Chartered Institute of Marketing (CIM) UK and is currently enroute to becoming a Chartered Director with the Institute of Directors UK.

Chioma is an avid traveller and enjoys an active lifestyle filled with sports, travel, and the pursuit of new experiences.

Independent Non-Executive Director

Baqi J Salihu

Baqi Salihu is a seasoned professional with over 18 years of substantive experience in Mobile Telecoms Engineering, Operations, RF Planning & Optimization, and Digital Services. He is a highly accomplished and result-oriented ICT expert with a proven record of building, managing, and growing technology departments and organizations.

Baqi started his career in mobile communication in 2003 with ZTE Corporation of China in the Research Division. He has also worked in MTN Nigeria between 2005 and 2008 before joining Etisalat Nigeria in December 2008.

Baqi holds a bachelor’s degree in Electrical and Computer Engineering from the Federal University of Technology, Minna. He also has a post graduate certificate in Artificial Intelligence and Machine Learning from the McCombs School of Business, University of Texas.

Baqi led Network Quality of service and Support Department as Acting Director from November 13, 2017 and as the substantive Director of the same department since May 2018. He additionally led Network Engineering and Network Deployment up till December 2020. He has been the Deputy Chief Technical Officer since January 2021. He joined the then Etisalat in December 15, 2008, where he has been building new and refining existing technology solutions to deliver value to all stakeholders.

He has completed a two-year Massachusetts Institute of Technology Regional Entrepreneurship Acceleration Program by 2021.

Non-Executive Director

DR. TONY OKPANACHI

Dr. Tony Okpanachi is the MD/CEO of DBN and the Chairman of Impact Credit Guarantee Limited since incorporation. He is a seasoned banker with over 26 years’ experience. Before his appointment as MD/CEO of DBN, he was the Deputy Managing Director of Ecobank Nigeria Limited from 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.

He holds an 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.

Non-Executive Director

Mr. Bonaventure Okhaimo

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 and The Said Oxford Business School, UK.

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.

Managing Director/CEO

Mr. Anthony Asonye

Mr. Anthony Asonye has over 24 years Banking and Development Finance experience cutting across key leadership roles in Banking Operations, Risk Management and Business Development.

He joined the Development Bank of Nigeria PLC Group in May 2019 as the pioneer CEO of Impact Credit Guarantee Limited, a wholly owned subsidiary of the Development Bank of Nigeria PLC.

Anthony joined the United Bank for Africa PLC as a management trainee and his career has spanned Diamond Bank PLC, Stanbic IBTC Bank PLC, Standard Chartered Bank Limited and Union Bank PLC where he rose to key management positions in Risk and Business notably Head, Credit Analysis; Divisional Executive, Commercial Banking and Head, SME Banking.

As an experienced risk manager and business development enthusiast, he championed the automation of MSME, Consumer and Small Corporate Lending with the implementation of the KASTLE ULS at Diamond Bank PLC (now Access Bank Plc) and CAMS Lending Solution at Stanbic IBTC.

Anthony is an Accounting graduate of the University of Calabar and holds an MBA degree from the University of Benin. He is a Fellow of the Institute of Chartered Accountants of Nigeria and a Standard Bank certified credit coach.

He has attended a number of managerial and leadership programmes including the Executive Development programme of the Wharton Business School, The University of Pennsylvania, USA.

BOARD

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