HBM Nigeria has appointed Fatima Akilu and Nella Andem-Ewa to its board of directors, according to a report by Nairametrics.

The appointments mark a notable change in the bank's governance structure, adding fresh oversight to the lender's strategic direction.

The move comes as HBM Nigeria, a subsidiary of the broader HBM Group, continues to operate in a volatile Nigerian financial landscape.

The addition of Akilu and Andem-Ewa to the board is likely to influence the bank's approach to risk management and growth strategies, particularly as the country grapples with inflationary pressures and currency fluctuations.

While specific details regarding the roles and responsibilities of the new directors were not immediately disclosed, their appointment suggests a focus on strengthening the bank's leadership team.

The board now includes a mix of experienced executives and non-executive directors, aiming to balance operational expertise with independent oversight.