The Managing Director of the Development Bank of Nigeria, Mr Tony Okpanachi, has become a fellow of the Chartered Institute of Bankers of Nigeria.

The investiture was held at the Federal Palace Hotel, Victoria Island, Lagos on Thursday, May 16, 2019.

Okpanachi was given the honorary fellowship award alongside other five distinguished bankers in recognition of their contributions to the banking industry and the nation’s economy.  According to a statement, the fellowship award was the first investiture of the institute held outside the regular CIBN investiture series.

A seasoned banker of over 29 years’ experience, Okpanachi was appointed the pioneer Managing Director/Chief Executive Officer of Development Bank of Nigeria Plc in January 2017. Before his appointment as MD/CEO of DBN, he was the Deputy Managing Director of Ecobank Nigeria.

Commenting on the recognition, Okpanachi said, “I am delighted to be recognised by the professional association that I have been a member of for close to three decades now. To me, this award is a call for more commitment to both the banking profession and the Nigerian economy at large.”