Uche Usim, Abuja

To boost its operations, the African Export-Import Bank (Afreximbank) has appointed Abel Osuji as Director of its Internal Audit Department following the upgrade of that function into a full department.

The regional bank also named Olaleye Babatunde as director of its Information Technology Department. had, since 2010, served as Senior Manager heading the internal audit function of the Bank which operated at the unit level.

The bank’s Spokesman, Obi Emekekwue said Mr. Osuji joined Afreximbank from Masters Energy Ltd, Nigeria, where he was Assistant General Manager, Internal Audit, until 2010. Prior to that, he had served as Head, Investigation and Business Risk Monitoring Unit, at Intercontinental Bank (now Access Bank), Nigeria, between 2000 and 2010, and as Trainee (staff Accountant), Senior Accountant to Audit Supervisor, at EY (formerly Ernst & Young) Nigeria, from 1994 to 2000.

The new director, he added,  received a Master of Science in economics from Enugu State University of Technology, Nigeria, in 2005, and an MBA from University of Lagos in 2000. He also holds a Bachelor of Science in accounting from the University of Port Harcourt, Nigeria, received in 1992.

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In his new position, Mr. Osuji is responsible for leading the design and implementation of Afreximbank’s Internal Audit Services strategic direction and overseeing the management of change initiatives in monitoring and evaluation of risk controls in the Bank.

For IT department, Emekekwue said Mr Olaleye Babatunde hitherto headed the Information Technology Unit as a Senior Manager, starting in February 2014 when he joined the Bank. Prior to that, he was the Chief Information Officer/Deputy General Manager at Stanbic IBTC Bank, Nigeria.

Mr. Babatunde holds an MBA received from the Lagos Business School in 2004. He also received an M.Sc. in computer science from the University of Lagos in 1998 and a B.Sc., also in computer science, from the University of Ibadan in1995.

In his new position, he will be responsible for leading Afreximbank’s strategy on information technology in support of the Bank’s mandate and medium-term strategy. This includes leading a comprehensive strategy to build, develop and standardize technology solutions throughout the Bank in direct support of its strategic priorities.