NOVA Bank Appoints New Executive Directors

NOVA Bank has announced the appointment of David Isiavwe as executive director of Operations and Information Technology and Chinwe Iloghalu as executive director of Institutional and Commercial Banking.

According to the bank, these appointments are part of NOVA Bank’s plan to strengthen its leadership team as the Bank continues its innovative journey following its recent transition to a national commercial bank.

The Bank said Dr Isiavwe has over 30 years of banking experience in domestic and international banks. “With a Ph.D. in Accounting, Dr. Isiavwe is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and Fellow Compliance Institute of Nigeria (FCIN) in addition to other professional certifications such as Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), Certified Governance of Enterprise IT (CGEIT), Certified Information System Auditor (CISA), Certified Data Privacy Solutions Engineer (CDPSE) amongst others.

David has attended leadership programs at major global institutions such as Harvard Business School, MIT, and Oxford University. He is the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN). He is on the Governing Council of the Fintech Association of Nigeria. Additionally, he chairs the Statutory Audit Committee of Nigeria Inter-Bank Settlement System Plc (NIBSS). His appointment underscores NOVA’s focus on digital transformation, with his vast experience playing a crucial role in advancing the Bank’s technology-driven physical model.

“Mrs Chinwe Iloghalu, with close to 30 years of experience in the banking industry, has joined as Executive Director for Corporate and Commercial Banking, the Bank’s essential business and relationship management engine. Throughout her distinguished career, she has made significant contributions to business and corporate banking, with expertise spanning sectors such as energy, corporate, commercial and digital banking, where she has consistently created sustainable value and returns for critical stakeholders. With an MSc in Media and Communications and an MBA, Chinwe is a Fellow of the Institute of Credit Administration (FICA).

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She has attended leadership and executive programs in critical institutions such as Said Business School, Oxford, Harvard Business School, and Wharton.

Her role will be central to enhancing NOVA’s commercial banking rollout across all key business development segments.

Chairman of NOVA Bank, Phillips Oduoza, commented on the appointments:

“The addition of Dr. Isiavwe and Iloghalu marks a critical point in constituting the management team that will lead NOVA into its next growth phase. David’s expertise in technology will be key in enhancing our phygital model.”