Bank Directors Name New Chairman as Chike-Obi Retires

Leadership Transition at the Bank Directors Association of Nigeria

The Bank Directors Association of Nigeria (BDAN) has announced a significant leadership transition, with Dr. Oluwayemisi Olorunshola appointed as the new Chairman of its Board of Directors. This follows the retirement of Mr. Mustafa Chike-Obi after successfully completing his tenure. The appointment marks a new chapter for the association, which plays a crucial role in shaping the governance and leadership standards within Nigeria’s banking sector.

Dr. Olorunshola brings an impressive wealth of experience to her new role. Currently serving as the Chairman of the Board of Directors of Wema Bank Plc, she has over 25 years of cumulative experience in various facets of business leadership. Her expertise spans supply chain management, corporate governance, and strategic business planning. With more than 15 years of experience in a multinational organization and over a decade as a business manager, she has developed a deep understanding of operations such as business and production planning, procurement, distribution, import and export, and logistics services.

Her journey with BDAN began in January 2023 when she was appointed as a Director. Since then, she has shown a strong commitment to the association’s mission of strengthening bank governance and promoting sustainable leadership. Her contributions have already begun to shape the direction of the association.

Dr. Olorunshola holds a Bachelor of Science (B.Sc.) degree in Education and Economics from Obafemi Awolowo University, Ile-Ife. She further pursued a Master of Business Administration (MBA) from the University of Liverpool in the United Kingdom and a Doctor of Business Administration (DBA) from Walden University in the United States of America. These academic qualifications reflect her dedication to continuous learning and professional growth.

In addition to her professional achievements, Dr. Olorunshola is a passionate advocate for education and sustainable enterprise. She has authored a widely referenced publication on small business sustainability strategies, which was published in the Journal of Functional Education (FEAcademia) and indexed on ProQuest and Academia.edu. Her work has been cited by several scholars in the field of business sustainability, highlighting the impact of her research.

She is also a Fellow of the International Institute for African Scholars and a Chartered Member of the Chartered Institute of Personnel Management of Nigeria (CIPM). Beyond her professional accomplishments, Dr. Olorunshola is actively involved in community development initiatives and civic engagements, where she contributes meaningfully to social and economic advancement.

Speaking about the appointment, the Chief Executive Officer of BDAN, Adebukola Orenuga, stated, “Dr. Olorunshola is a principled and accomplished leader with significant board and business experience. She has consistently demonstrated dedication to the vision and mission of the Association. We are confident that under her leadership, BDAN will continue to strengthen its strategic impact and advance its mandate of representing and promoting the interests of Bank Directors and Banks in Nigeria.”

The association also expressed its gratitude to Mr. Chike-Obi for his exemplary leadership, dedication, and invaluable contributions during his tenure as Chairman. His legacy will continue to influence the future direction of BDAN.