By Seun Ibiyemi
Abbey Mortgage Bank Plc has reaffirmed its commitment to sustainable growth, innovation and long-term value creation following the successful conclusion of its 34th Annual General Meeting (AGM).
The AGM, held on May 25, 2026, brought together shareholders, board members, management, regulators and other stakeholders to review the bank’s performance, strategic direction and future outlook.
L-R; Independent Non- Executive Director, Abbey Mortgage Bank Plc, Mrs. Christabel Onyejekwe; Assistant Company Secretary, Martins Bakare; Chairman, High Chief Samuel Oni; Managing Director/CEO, Mobolaji Adewumi; Executive Director, Oladipupo Adeoye; Executive Director, John Okonkwo during the 34th Annual General Meeting of Abbey Mortgage Bank Plc in Lagos yesterday.
During the meeting, shareholders approved major resolutions presented by the board and management, including an additional capital raise and dividend declaration.
Shareholders also commended the bank’s resilience, operational performance and transformation efforts within Nigeria’s financial services sector.
Speaking at the AGM, the Managing Director and Chief Executive Officer of Abbey Mortgage Bank, Mobolaji Adewumi, said the bank’s next phase of growth would focus on delivering seamless and digitally driven banking services.
“Our next phase is centered on delivering seamless and digitally driven banking experiences that eliminate the traditional barriers to premier financial services,” he said.
L-R; Assistant Company secretary, Martins Bakare; Chairman, High Chief Samuel Oni; Managing Director/CEO, Mobolaji Adewumi; Executive Director, Oladipupo Adeoye during the 34th Annual General Meeting of Abbey Mortgage Bank Plc in Lagos yesterday.
“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.”
The bank’s leadership also highlighted Abbey Mortgage Bank’s strategic progress and strong corporate governance culture, noting that the institution was well-positioned to deliver broader financial services and improved customer experience.
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Management used the opportunity to appreciate shareholders for their continued confidence, loyalty and support, which it described as critical to the bank’s growth over the years.
Abbey Mortgage Bank reiterated its commitment to deepening financial inclusion, promoting innovation and delivering sustainable value as it continues to strengthen its position in Nigeria’s banking industry.
