Nigeria appoints Former Ecobank CEO to Head Development Bank


The newly formed Development Bank of Nigeria now has a new head.  Anthony Okpanachi, the former Deputy Managing Director and Deputy Chief Executive Officer of Ecobank Nigeria Limited has been appointed as Managing Director and Chief Executive of the bank.

Prior to this he was the Chief Executive Officer of Ecobank Kenya and Regional Head for East Africa, comprising Kenya, Uganda, Tanzania, Rwanda and Burundi within the Ecobank Group.  Tony’s banking career spans over 25 years with 17 of those in senior management levels across various strategic business units/functions such treasury operations, Retail Business development, regional business management and top level Relationship Management amongst others.

He has been trained both extensively locally and internationally and holds an MBA from Manchester Business School (UK) with BSc in Economics with distinction from the Ahmadu Bello University, Zaria and MSc in the University of Lagos respectively.

Tony is a member of the Board of various local and international companies including Ecobank Affiliates and is a member of the Chartered Institute of Stockbrokers, Nigeria Institute of Management and Institute of Banking Malawi.

Peters Anene, News Editor
Peters Anene, News Editor
Anene Peters is the news editor for Naija247news Media Group. He started his journalism career as an intern on tech and science. He's a graduate of Abia State University with a major in Computer Science and Communications. You can contact him for press events on 0903 927 6505 Email:

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