The federal government has appointed Adeniran Aderogba as the pioneer President and Chief Executive Officer of the Regional Maritime Development Bank (RMDB).
This appointment was announced by the Minister of Marine and Blue Economy, Adegboyega Oyetola, who stated that President Bola Tinubu has approved Nigeria’s hosting of the long-awaited bank.
This approval marks the historic launch of a project that has been in the works since 2009, when member-states of the Maritime Organisation of West and Central Africa (MOWCA) first approved its establishment.
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Oyetola described the moment as “of great significance for Nigeria and the entire West and Central African sub-region.”
He added, “After 16 years of waiting, the Regional Maritime Development Bank is finally taking off, thanks to the decisive leadership of President Tinubu. His approval not only breaks a longstanding deadlock but also reaffirms Nigeria’s commitment to regional integration, maritime development, and economic cooperation.”
The minister highlighted that Mr. Aderogba brings over three decades of strategic experience in maritime administration, finance, and investment.
Oyetola characterized his appointment as “a bold and competent choice that will steer the bank from conception to impact.”
Aderogba’s extensive career spans both the public and private sectors. He previously served as Executive Director, Finance and Administration at the Nigerian Maritime Administration and Safety Agency (NIMASA), and later as Acting Director General of the agency.
In the financial sector, he held senior leadership roles at First Atlantic Bank Plc and MBC International Bank Ltd, where he oversaw investment banking and structured trade finance.
He is also the founder of CLG Securities Limited, a financial advisory and investment services firm.
Throughout his career, he has led transactions exceeding US$5 billion across diverse sectors, including internationally recognized landmark deals. Aderogba began his career with KPMG, gaining foundational experience in auditing and financial consulting.
According to Dr. Bolaji Akinola, Special Adviser to the Minister on Media and Communications, the Regional Maritime Development Bank is envisioned as a dedicated financial institution that will provide long-term funding solutions for port infrastructure, fleet acquisition, shipping logistics, and intermodal transport systems.
This initiative aligns with President Tinubu’s Renewed Hope Agenda, which prioritizes infrastructure development, inclusive economic growth, and regional partnerships.
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