Corporate profile of Cooperative Mortgage Bank (CMB)

Established in 1994 with its Head Office in Ibadan, Oyo State, Cooperative Mortgage Bank Limited is licensed and regulated by the Central Bank of Nigeria, insured by the Nigeria Deposit Insurance Corporation, regulated by the Federal Mortgage Bank of Nigeria and accredited by the Federal Department of Cooperatives as a cooperators’ bank.

The bank is also a member of the International Cooperative Alliance and currently in the 7-man board of the International Cooperative Banking Association.

OBJECTIVE

The twin objectives of the bank are:

  • Bridging the gap in the supply of affordable and durable houses in Nigeria.
  • Providing structured mortgages for ease of home ownership.

SERVICES

Cooperative Mortgage Bank Limited has consistently built relationships with its customers by focusing on the fundamentals of good corporate governance, risk management, leadership and outstanding services.

The Bank offers a comprehensive range of services such as Mortgage Banking, Real Estate Construction Finance, Financial Advisory Services, Fixed Deposit with higher interest rate and regular banking (savings, withdrawals, Savings and Current accounts opening, etc.) for all, with special focus on cooperatives.

CMB is the Cooperators‘ Bank as 95% of it business is with cooperatives. The business goal is to ensure that every cooperator, through their various cooperative societies, become home owners without strain.

  PROJECTS

The bank has funded the development of Estates in Lagos, Abuja, Port Harcourt and Ibadan.

The projects are:

  • Coop Legacy Estate, Ogombo, Lagos
  • Riverscoop Harmony Estate, Port Harcourt, Rivers
  • Coop Pacesetter Neighborhood, Ajoda New Town, Ibadan
  • Cooperative Estate, Giri, Abuja
  • The Autograph, Banana Island Road, Lagos
  • Customscoop Estate, Kagini, Abuja
  • Customscoop Villa, Kabusa, Abuja

AWARDS

In 2015, the bank was awarded the Best Mortgage Bank in Nigeria by the Capital Finance International. It also won an award of Excellence in Mortgage Banking at the Nigeria Housing Awards in 2020.

Cooperative Mortgage Bank

BOARD OF DIRECTORS

AVM Walter Ogujiofor (RTD) — Chairman

Kabir Ayinde Tukur — Managing Director/Chief Executive Officer

Musa Abubakar Yusuf — Deputy Managing Director

Engr Samuel Abayomi Akinsete — Director

Oluwole Okunnuga — Director

Fatima Ibrahim — Director

Adeleke Adeleye — Director

Ifeoluwapo Adesina — Acting Company Secretary

EXECUTIVE MANAGEMENT

Kabir Ayinde Tukur — Managing Director/Chief Executive Officer

Musa Abubakar Yusuf — Deputy Managing Director

Ifeoluwapo Adesina — Acting Company Secretary

Anthonia Nnaebue — Chief Marketing Officer

Chiwendu Umezurike — Chief Operating Officer

Deborah Orimolade — Chief Financial Officer

Kehinde Leoto — Head, Internal Audit

Hakeem Ikumogunniyi — Regional Manager, North

Amen Osagie — Regional Manager, South

Adeola Adesoba — South-West Area Manager

Ikechukwu Umezurike — South-East Area Manager

Idowu Fasola — Head, Credit and Risk Management

CONTACT CENTRES

Oyo (Head Office)

11a, University Crescent, UI-Secretariat Road, Bodija, Ibadan, Oyo State

Lagos

3A, Ahmed Onibudo Street, VI, Lagos State

10, Ola Ayinde, off Toyin Street, Ikeja, Lagos State

Ogun

2nd Floor, Emmanuel Plaza, Onikoko, Panseke, Ibara, Ogun State

Abuja

39a Aswan Street, Wuse Zone 3, Abuja

Room 109, First Floor, Senate Building, NASS Complex, 3 Arms Zone, Abuja

Edo

105, Boundary Road, G.R.A, Benin City, Edo State

Ondo

FMBN Building, Oke Eda Road, Alagbaka, Akure, Ondo State

Kwara

FMBN Building, Asa Dam Road, Ilorin, Kwara State

Osun

38, Ife-Ibadan Road, Mayfair, Ile-Ife, Osun State

Rivers

No 8, Ezimgbu Link Road, G.R.A, Port-Harcourt, Rivers State

Kaduna

2, Murtala Mohammed Square, Asaa Plaza, Kaduna, Kaduna State

Plateau

2, Beach Road, opposite Post Office, Jos, Plateau State

Delta

8, Plot 147, Okpanam Road, Asaba, Delta

Ekiti

No 68, Ajilosun Street, Ado-Ekiti, Ekiti State

Kano

7, New Hospital Road, Aminu Kano, Gyadi-Gyadi (Gadar Lado), opposite KEDCO, Kano

WEBSITE & SOCIAL MEDIA

Website: cmbankng.com

Facebook: Cooperative Mortgage Bank

Instagram: cmbanknigeria

LinkedIn: Cooperative Mortgage Bank

PHONE CONTACTS

Phone: 070026226564

WhatsApp: 08083031351

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