The Mortgage Banking Association of Nigeria (MBAN) emphasized collaboration among stakeholders to enhance the mortgage sector’s growth and economic impact.
MBAN’s newly elected President, Ayo Olowookere, made this call during the Biennial General Meeting in Lagos, where he was elected.
Other elected executives include Arinze Adigwe, Managing Director of Homebase Mortgage Bank, as Vice President, alongside Deputy President (East), Ime Okon.
Additional executives include Abbey Mortgage Bank’s Managing Director, Bolaji Adewunmi, LivingTrust Mortgage Bank’s Managing Director, Olumide Adedeji, and Legal Adviser, Joan Adenuga.
Immediate past President, Mac-Yoroki, Managing Director of Citycode Mortgage Bank, was also appointed as an Ex-officio member in the association.
Before Imperial Homes, Olowookere led LivingTrust Mortgage Bank, started his career at KPMG, and transitioned into mortgage banking financial services.
He is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an alumnus of Harvard Business School.
Olowookere pledged to revitalize the sector by strengthening advocacy, engaging mortgage banks, and enhancing collaboration with industry brokerage firms.
He assured members that MBAN will undergo restructuring to improve efficiency, encourage inclusivity, and create a more unified association.
