Yagboyaju resumes as acting MD/CEO of FMBN 

By Mashe Umaru Gwamna

KABIR Yagboyaju has resumed  as  the Acting Managing Director/Chief Executive Officer (CEO) of the Federal Mortgage Bank of Nigeria (FMBN).

This was according to a statement signed and issued by the Group Head, Corporate Communications FMBN, Lawal K/Sauri.

The statement noted that, he emerged after the expiration of the five-year tenure of Arc. Ahmed Dangiwa-led Executive Management Team on Friday 8th April 2022.

The statement noted that, prior to his appointment, Yagboyaju was the most senior General Manager and the Group Head, Risk Management.

He added, “The new Acting MD/CE, FMBN is an economist, financial analyst, and customer service expert with almost 30 years of working experience in the banking industry involving commercial, merchant, and mortgage banking institutions.

He has worked with the Federal Mortgage Bank of Nigeria for almost 16 years and acquired vast experience in the management of the National Housing Fund (NHF) Scheme, FMBN Branch Operations, Treasury Services and Capital Market Operations, Human Resources Management, Loans and Mortgages, and Risk Management.

He holds a B.Sc. degree in Economics and a master’s degree in Business Administration from Lagos State University, Ojo and University of Lagos, Akoka respectively.

“In addition, he has acquired various professional qualifications including those of Chartered Institute of Bankers of Nigeria (CIBN), Nigerian Institute of Management (NIM – Chartered), Licensed International Financial Analyst (Canada), and Fellow Institute of Credit Administration.

He has attended various training programs both within and outside the country, including but not limited to the following: Treasury Bourse Game (CitiBank, Turkey), EuroMoney Treasury Management Course, Wharton Business School Housing Finance Program, Senior Management Program (Lagos Business School) etc. He is currently rounding-up with his Ph.D. program in Marketing.”