The banking industry in Nigeria has a rich history. This history is also replete with trials and triumphs. The turbulences, notwithstanding, the industry remains standing, and it is also thriving. When its story is told, one name that the writers cannot afford to miss out on is Ifiesimama Melvin Precious Sekibo, a fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Bankers of Nigeria (CIBN). Aside from the CIBN and ICAN, he also holds the fellowship of several professional Institutes such as the Institute of Directors; the Institute of Petroleum, London; the Nigerian Institute of Management; and the Institute of Credit Administration.


A quiet operator, Dr Ifie Sekibo—as he is better known— sits atop Heritage Bank, an institution whose name embodies its managing director’s status as a man with the skills for returning moribund businesses to the path of profitability. One of the first things he did to make Heritage Bank stand out was to sit with a former bank owner and discussed why his bank failed. From their discussion, he learnt many lessons which came in handy in running Heritage Bank and making it a force to reckon with despite its background as a bank that was moribund for no less than a decade. Sekibo, who was born on April 18, 1965, has been Heritage Bank’s Managing Director since 2012 and the bank has grown beyond many people’s expectations. From zero he has made a hero of the bank. He has pieced carcasses together and what has emerged is an institution with a future not only bright but worth waiting for. This is assured by its innovations that are almost second to none in the industry.







Akinola George-Taylor, Managing Director of Heritage Bank Plc, and his Team, paid courtesy visit yesterday to the Governor of Lagos, Babajide Olusola Sanwo-Olu, at the State House, Alausa yesterday.

The Managing Director of Heritage Bank, Akinola George-Taylor has disclosed that the bank would continue to increase the wallet of its business transactions with Lagos state government.  

He gave this assurance yesterday when he led a team of the bank on a courtesy visit to the Governor, Babajide Sanwo-Olu at the government house, Alausa, Ikeja.

George-Taylor commended Sanwo-Olu’s administration, whilst aligning with the great works in Lagos State.

“We are here to introduce ourselves as the new management of the Heritage Bank and being that we have had a relationship with the state (Lagos) for a number of years now, we felt it was necessary to come and present ourselves to the Governor; to say thanks for the business that we enjoyed with the government and that we align and commend the great work he is doing for Lagos State.

“And of course, as bankers, we want to try and increase our own size of the wallet of the business that we do with the government and to extend our best wishes to him and his government. It was a courtesy call to say thank you and wish him well in the next coming elections,” he said.

Speaking earlier, the Governor, Sanwo-Olu said his administration was poised to do more as it continued to play its roles in providing an enabling environment, improving the ease of doing business and being forward-looking in its dealings with financial institutions.

The governor also said that his administration will continue to ensure a mutually beneficial relationship with financial institutions in the State.

He said: “Lagos is the Centre of Excellence and the commercial, economic nerve centre, so we cannot but ensure that we have a very forward-looking mutually beneficial relationship with all of our financial institutions and of course, Heritage Bank is not an exception.

“I want to implore you and your team to be intentional and think something fresh; think something different that can indeed stimulate us. You can rest assured that we know how important it is to spread our businesses and to ensure that everybody gets a part of it knowing that you and your staff will also have a corporate responsibility on the Personal Income Tax component. It is expected that we will continue to play our roles and play our parts.”

Governor Sanwo-Olu congratulated the Managing Director and his new team on the huge and great responsibilities that shareholders and other stakeholders in Heritage Bank have reposed in them,” he said.