NOVA Bank Strengthens Leadership Team with New Executive Appointments
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. These strategic appointments come as part of the bank’s plan to bolster its leadership team and drive its innovative journey following its recent transition to a national commercial bank.
In a statement released by the bank, NOVA highlighted Isiavwe’s extensive experience spanning over 30 years in domestic and international banking. He holds a Ph.D. in Accounting and is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) as well as the Compliance Institute of Nigeria (FCIN).
His impressive array of professional certifications includes Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), Certified Governance of Enterprise IT (CGEIT), Certified Information System Auditor (CISA), and Certified Data Privacy Solutions Engineer (CDPSE), among others.
Isiavwe has also attended leadership programs at renowned institutions such as Harvard Business School, MIT, and Oxford University. In addition to his new role at NOVA, he serves as President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), and holds a position on the Governing Council of the Fintech Association of Nigeria.
He also chairs the Statutory Audit Committee of the Nigeria Inter-Bank Settlement System Plc (NIBSS). According to the bank, his appointment reinforces NOVA’s commitment to digital transformation, with Isiavwe’s wealth of experience expected to drive its technology-focused phygital model.
Chinwe Iloghalu, with nearly 30 years of experience in the banking sector, joins NOVA as Executive Director for Corporate and Commercial Banking, overseeing the key business and relationship management functions of the bank. Throughout her career, Iloghalu has made notable contributions in corporate and commercial banking, particularly in sectors such as energy, corporate banking, and digital banking.
Her expertise in these areas has consistently delivered sustainable value for stakeholders. Iloghalu holds an MSc in Media and Communications and an MBA, and is a Fellow of the Institute of Credit Administration (FICA). She has also attended leadership programs at Oxford’s Said Business School, Harvard Business School, and Wharton.
In her new role, Iloghalu will focus on enhancing NOVA’s commercial banking operations across all key business development areas. Her strong drive in business and relationship management will be instrumental in advancing the bank’s strategic objectives.
Phillips Oduoza, Chairman of NOVA Bank, praised the appointments of both Isiavwe and Iloghalu as pivotal to the bank’s growth strategy. “David’s expertise in technology will be critical to advancing our phygital model, while Chinwe’s strong business acumen and relationship management will help drive NOVA’s vision of becoming a formidable player in the banking industry,” Oduoza stated.
The bank further emphasized that both executives’ deep understanding of digital and electronic banking will contribute significantly to its signature phygital experience, which combines personalized in-person service with cutting-edge digital solutions. These appointments, NOVA believes, align perfectly with its mission to become Africa’s preferred financial solutions provider.
NOVA Bank also highlighted the importance of these appointments in diversifying its board and fostering inclusivity, a move underscored by Mr. Oduoza’s statement.
