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Details As NOVA Bank Draws Curtain On Landmark Year Giving Stakeholders Royal Treat At Chairman’s Residence

hosted stakeholders to an unforgettable evening of appreciation

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In a gesture of high regard for the contributions of customers, staff, board members, and friends to a landmark year, NOVA Bank hosted stakeholders to an unforgettable evening of appreciation at the Lagos residence of its Chairman, Phillips Oduoza.

The occasion, held on Saturday, December 14, 2024, marked the bank’s end-of-the-year celebration in grand style.

With exquisite Chinese lanterns glowing overhead, guests enjoyed a spectacular evening of refined living.

Chairman Oduoza, whose visionary leadership has steered the bank to remarkable achievements, set the tone for the evening as an impeccable host.

In July 2024, NOVA Bank transitioned into a full-fledged commercial bank after an outstanding five-year run in the merchant banking sector.

The bank had made its mark in the wholesale banking space, with a particular focus on delivering specialized services to high-net-worth individuals and corporate organizations.

Guided by the visionary leadership of its board of directors, chaired by Oduoza, the bank expanded into retail banking with an impressive launch of its Phygital Banking model.

This innovative approach seamlessly integrates physical branches with advanced digital platforms, enabling NOVA Bank to effortlessly cater to a broader customer base, including SMEs. This marked a pivotal step in its growth strategy.

The bank’s commitment to providing customers with the convenience of digital banking alongside the personalized experience of in-person services was validated on two key fronts.

First was the opening of its state-of-the-art commercial branch on Kofo Abayomi Street, with plans underway to expand its branch network to major cities like Abuja, Port Harcourt, and Kano.

Second was the attainment of the globally recognized ISO 27032 cybersecurity standard certification, a significant milestone in safeguarding customer data and digital operations.

These achievements, among others, are transforming the bank—led by Managing Director Chinwe Iloghalu and Chairman Phillips Oduoza—into a key player in the nation’s economy.

The finesse in planning and clinical execution that made 2024 a transformative year for NOVA Bank was reflected in the charming end-of-the-year party. The event hosted a gathering of distinguished guests who reveled in a glamorous fusion of classic and contemporary elegance, befitting royalty, at the chairman’s residence.

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