Banking Career
An accomplished banker, Mallam Bello started his career in 1976 as an Investment Executive with the New Nigerian Development Company (NNDC). Between 1976 and 1981, he rose to become the General Manager of New-Devco Finance, a subsidiary of NNDC. In 1983, Mallam Bello joined Habib Bank as Deputy Managing Director and rose to become Managing Director and Chief Executive in 1988. He held the position until 1994. During his time at Habib Bank, the bank rose to become the best rated private bank in the country and ninth overall. He then proceeded to become a financial adviser, a real estate mogul and major shareholder in numerous ventures until his nomination as the Chairman of the Board of Directors of Intercity Bank Plc in 1998. This was then followed by his appointment as the Chairman of the Board of Directors of Habib Nigeria Bank Ltd in 1999. Having been the first indigenous Chief Executive Officer of the company, he knew the direction of the bank and served to his full capacity. It was from this position that he received his nomination as the Minister of Agriculture and Rural Development by the President of the Federal Republic of Nigeria, Chief Olusegun Obasanjo in January 2001. Having reached the pinnacle of his banking career, he accepted the national assignment. Habib Bank merged with Platinum Bank in December 2005 to form Bank PHB. Intercity Bank also merged to become Unity Bank Plc under the banking industry consolidation exercise.
Read more about this topic: Adamu Bello
Famous quotes containing the words banking and/or career:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“From a hasty glance through the various tests I figure it out that I would be classified in Group B, indicating “Low Average Ability,” reserved usually for those just learning to speak the English Language and preparing for a career of holding a spike while another man hits it.”
—Robert Benchley (1889–1945)