In an effort to positively transform the mortgage sector of the economy, the Mortgage Banking Association of Nigeria, MBAN, has elected a new executive council.
The election which was held at the Biennial General Meeting of the association on Thursday, saw Mr Ayo Olowookere emerge as President and Chairman of the National Executive Council.
Also elected are Mr. Arinze Adigwe, Vice President; Mr Ime Okon, the Deputy President, East; Mr. Bolaji Adewunmi, Dr. Olumide Adedeji, and Mrs. Joan Adenuga as Legal Adviser.
Mr Mac-Yoroki, who is the immediate Past President of the association emerged an Ex-officio member of NEC.
Olowookere is a seasoned finance executive with over 20 years in financial services, banking and real estate finance.
He has a degree in Industrial Chemistry from the University of Lagos and MSc Finance from TIAS Business School.
Before joining Imperial Homes as Managing Director in 2019, he was MD at LivingTrust Mortgage Bank Plc from 2015 to 2019.
He started his career at KPMG and proceeded to ARM before pivoting to the Mortgage Banking Financial Services sub-sector.
Olowookere is a Fellow of the Institute of Chartered Accountants of Nigeria and an Alumnus of the Harvard Business School.
The MBAN President has promise to re-energize advocacy and sub-sector interface for member rimary mortgage banks and brokerage companies.
He also aims to grow the sub-sector base and business size of the association.
“We are small; so we need to collaborate rather than compete”, he said shortly after his election.
During his tenure, Olowookere plans to create a more efficient and effective secretariat by re-tooling and restructuring it. He is also determined to foster inclusivity and a sense of belonging among members.
“We will commit to providing a unified and an inclusive organization that delivers solutions and benefits to all corporate and individual Members,” he promised.
Crediblenewsng.com
