By Kayode Ogunwale

In a bid to strengthen its leadership team in its innovative journey and solidify its transition to a national commercial lender, NOVA Bank has appointed two executive directors to its board.
The appointees are Mr David Isiavwe in charge of Operations and Information Technology, and Mrs Chinwe Iloghalu in charge of Institutional and Commercial Banking.
The company disclosed in a statement that these leadership appointments highlight its commitment to delivering innovative financial services, redefining customer experiences and setting the stage for future advancements in the Nigerian banking landscape.
The chairman of the organisation, Mr Phillips Oduoza, explained that, “The addition of Mr Isiavwe and Mrs Iloghalu marks a critical point in constituting the management team that will lead NOVA into its next phase of growth.
“David’s expertise in technology will be key in enhancing our phygital model, while Chinwe’s strong business drive and relationship management coupled with the retail and product engine of the bank will be instrumental in driving the Bank’s strategic intent to become a formidable player in the banking industry.”
In the statement, it was disclosed that Mrs Iloghalu has close to 30 years of experience in the banking industry, with expertise spanning sectors such as energy, corporate, commercial and digital banking, where she has consistently created sustainable value and returns for key stakeholders.
She is armed with an MSc in Media and Communications, along with an MBA, and is also a Fellow of the Institute of Credit Administration (FICA).
Her role will be central to enhancing NOVA’s commercial banking rollout across all key business development segments.
As for Mr Isiavwe, he has over 30 years of banking experience in domestic and international banks and has a PhD in Accounting.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and a Fellow Compliance Institute of Nigeria (FCIN).
His appointment underscores NOVA’s focus on digital transformation, with his vast experience playing a crucial role in advancing the Bank’s technology-driven phygital model.”