Business
Abbey Mortgage Bank Holds 34th AGM, Reaffirms Commitment to Digital Innovation and Growth
Abbey Mortgage Bank Plc has successfully concluded its 34th Annual General Meeting (AGM), reaffirming its commitment to sustainable growth, innovation, and long-term value creation for shareholders and stakeholders.
The AGM, held on May 25, 2026, brought together shareholders, members of the Board, management, regulators, and other key stakeholders to review the Bank’s financial performance, strategic direction, and future outlook.
During the meeting, shareholders approved key resolutions presented by the Board and Management, including an additional capital raise and declaration of dividend. Shareholders also commended the Bank’s resilience, operational performance, and continued transformation drive within Nigeria’s financial services sector.
Speaking at the AGM, the Managing Director and Chief Executive Officer of Mobolaji Adewumi said the Bank’s next phase would focus on delivering seamless and digitally driven banking experiences.
According to him, the institution is committed to eliminating traditional barriers to premium financial services while building a resilient and agile financial institution that delivers meaningful value to stakeholders.
“Our next phase is centered on delivering seamless and digitally driven banking experiences that eliminates the traditional barriers to premier financial services. Shaping the future means building a resilient institution that is as agile as it is reliable, while ensuring that every stakeholder benefits meaningfully from our growth and expansion,” Adewumi stated.
The Bank’s leadership also highlighted Abbey Mortgage Bank’s strategic progress and strong corporate governance culture, noting that the institution is well-positioned to expand its financial services offerings and enhance customer experiences.
The AGM also provided an opportunity for the Bank to appreciate shareholders for their continued confidence, loyalty, and support, which management described as instrumental to the institution’s growth journey over the years.
Abbey Mortgage Bank reiterated its commitment to deepening financial inclusion, driving innovation, and delivering sustainable value as it continues to strengthen its position within Nigeria’s banking industry.
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