The Development Bank of Nigeria (DBN) Plc has announced the appointment of five new directors to its board.

Their appointments were announced to fill the vacancies created by the exit of some directors whose tenures on the board have ended.

The company’s Managing Director/Chief Executive Officer, Dr Tony Okpanachi, in a statement, said the appointments are part of the bank’s ongoing efforts to strengthen its leadership and corporate governance structure while continuing the mission of promoting inclusive growth and economic development.

Okpanachi reaffirmed DBN’s commitment to sustainable development, excellence and innovation as the institution continues to evolve and shape the dynamic micro, small and medium enterprises (MSMEs) financing landscape in Nigeria.

The DBN boss said their diverse expertise and leadership would be instrumental as the bank continues to drive financial inclusion and support economic growth in Nigeria.

“The recently appointed Directors are,  Imoni Akpofure, an independent non-executive director who chairs the DBN Board Audit and Compliance Committee and a member of the DBN Statutory Audit Committee; Urum Kalu, an independent non-executive director, the Chairman of the DBN Board Finance Committee and a member of the DBN Statutory Audit Committee; Mohammed Bintube, independent non-executive director, the Chairman of the DBN Board Ethics Committee, Juliet Anammah, independent non-executive director and Folakemi Fatogbe, an independent non-executive director, chairs the DBN Board Credit and Risk Committee.