Infinity Trust Mortgage Bank Plc has appointed Luqman Bakare as its substantive managing director and chief executive officer, marking a new phase in the bank’s growth and digital transformation agenda.
According to a statement by the bank, the appointment, which took effect on June 8, 2026, is subject to the requisite approval of the Central Bank of Nigeria (CBN).
Bakare succeeds Ngozi Chukwu, who had been serving as the bank’s acting managing director and chief executive officer.
The new MD brings more than 35 years of experience in Nigeria’s banking, manufacturing, and oil and gas sectors. Before his appointment, he served as general manager and regional executive (Lagos) at First Trust Mortgage Bank Plc, where he played a key role in business development and strategic operations.
An alumnus of the University of Ibadan, Bakare holds both Bachelor of Science and Master of Science degrees in Economics, with specialisations in Monetary, Energy and Petroleum Studies.
