By Seun Ibiyemi
Abbey Mortgage Bank Plc has scheduled its Annual General Meeting (AGM) for Monday, May 25, 2026, at 11:00 a.m., as the lender intensifies efforts to strengthen its digital transformation strategy and expand shareholder engagement.
The meeting, themed “Shaping the Future,” will be conducted virtually, reflecting the bank’s digital-first approach to corporate governance and stakeholder participation.
The 2026 AGM is expected to serve as a key platform for the institution to review its recent performance and unveil strategic plans aimed at driving the next phase of growth in Nigeria’s mortgage banking sector.
Speaking ahead of the meeting, the Managing Director and Chief Executive Officer of Abbey Mortgage Bank, Mobolaji Adewumi, said the bank remained focused on innovation, resilience and customer-centric transformation.
“Our journey over the past year has been one of resilience and deliberate evolution,” Adewumi stated.
“As we move into this next phase, we are focusing on creating a seamless, digitally driven experience that removes the traditional barriers to premier banking services.
“Shaping the future means reinforcing our position as the industry leader, building a bank that is as agile as it is reliable, while ensuring that every stakeholder benefits from our continued growth and innovation in the years to come,” he added.
During the virtual AGM, the Board of Directors will present the audited financial statements for the year ended December 31, 2025.
Shareholders are also expected to consider resolutions relating to the election and re-election of directors, the appointment of members of the Statutory Audit Committee and the approval of a dividend payout of 60 kobo per share, among other matters.
The bank said shareholders would receive secure access links to participate virtually in the meeting, allowing investors across different locations to vote and engage with the board in real time.
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Abbey Mortgage Bank noted that the virtual format aligns with its broader strategy of leveraging technology to improve operational efficiency and enhance customer and shareholder experience.
As the institution prepares for the AGM, it said it remains committed to shaping the future of Nigeria’s mortgage and financial services industry through innovation, affordable housing solutions and financial inclusion initiatives.
Established over three decades ago, Abbey Mortgage Bank is regarded as one of Nigeria’s oldest primary mortgage institutions, providing mortgage, investment and retail banking services to individuals and businesses.
