Afreximbank appoints new audit, IT directors
The African Export-Import Bank (Afreximbank) has announced the appointment of Abel Osuji as Director of its Internal Audit Department following the upgrade of that function into a full department.Until the appointment, Osuji had, since 2010, served as Senior Manager heading the internal audit function of the Bank, which operated at the unit level.
Osuji joined Afreximbank from Masters Energy Ltd., Nigeria, where he was Assistant General Manager, Internal Audit, until 2010. Prior to that, he had served as Head, Investigation and Business Risk Monitoring Unit, at Intercontinental Bank (now Access Bank), Nigeria, between 2000 and 2010, and as Trainee (staff Accountant), Senior Accountant to Audit Supervisor, at EY (formerly Ernst & Young) Nigeria, from 1994 to 2000.
The new director received a Master of Science in Economics from the Enugu State University of Technology, Nigeria, in 2005, and an MBA from the University of Lagos in 2000. He also holds a Bachelor of Science in accounting from the University of Port Harcourt, Nigeria, received in 1992.
Osuji was elected Fellow of the Institute of Chartered Accountants of Nigeria in 2013 and holds a Certified Risk Analyst certification, which he received from the International Academy of Business and Financial Management in 2013. He attended the Advanced High-Performance Leadership programme at IMD in Switzerland in 2018.
In his new position, Osuji is responsible for leading the design and implementation of Afreximbank’s Internal Audit Services strategic direction and overseeing the management of change initiatives in monitoring and evaluation of risk controls in the Bank.
Similarly, Afreximbank also named Olaleye Babatunde, as Director of its Information Technology Department, following an upgrade of the function from its former unit status.
Babatunde had headed the Information Technology Unit as a Senior Manager, starting in February 2014, when he joined the Bank. Prior to that, he was the Chief Information Officer/Deputy General Manager at Stanbic IBTC Bank, Nigeria.He holds an MBA received from the Lagos Business School in 2004. He also received an M.Sc. in Computer Science from the University of Lagos in 1998 and a B.Sc., also in Computer Science, from the University of Ibadan in 1995.
In his new position, he will be responsible for leading Afreximbank’s strategy on information technology in support of the Bank’s mandate and medium-term strategy. This includes leading a comprehensive strategy to build, develop and standardise technology solutions throughout the Bank in direct support of its strategic priorities.
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