31st March, 2017
The Federal Government has appointed Mr Tony Okpanachi, as the pioneer Managing Director of the Development Bank of Nigeria (DBN).
Also appointed are the Chairman of the board, Dr. Shehu Yahaya (who was the interim MD of DBN and former Executive Director, AfDB); Managing Director/Chief Executive, Nigeria Sovereign Investment Authority, Uche Orji and Mohammed Kalif, of the African Development Bank as members.
Before his appointment as Managing Director/ CEO of Development Bank of Nigeria, Okpanachi was the Deputy Managing Director of Ecobank Nigeria Limited, former Managing Director, Ecobank Kenya and Cluster Managing Director for East Africa (comprising Kenya, Uganda, Tanzania, Burundi, Rwanda, South Sudan and Ethiopia).
He was also at various times Managing Director of Ecobank Malawi and Regional Coordinator for Lagos and South West of Ecobank Nigeria.