CORONATION APPOINTS OHIWEREI AS CEO AFTER CBN REGULATORY APPROVAL

Coronation Group has officially named Mr. Ohiwerei as its new Chief Executive Officer following the receipt of regulatory approval from the Central Bank of Nigeria (CBN).

The appointment is expected to bring fresh strategic direction to the financial services group as it seeks to expand its footprint and enhance service offerings in the Nigerian market. Ohiwerei’s wealth of experience in banking and corporate leadership has been highlighted as a key factor in his selection.

Coronation officials expressed confidence that the new CEO will drive innovation, strengthen customer relationships, and deliver sustainable value to stakeholders. The CBN’s approval reflects the regulator’s satisfaction with the company’s corporate governance and succession planning processes.

Industry observers view the development as a positive step for Coronation’s long-term growth objectives. The company has pledged to maintain its commitment to excellence and regulatory compliance under the new leadership.

The appointment comes at a time when the financial services sector is undergoing significant transformation, with increased focus on digital solutions and customer-centric strategies.