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    Investor's Relations


    About Us

    Bank Overview

    About Us

    Bank Overview

    FirstTrust Mortgage Bank Plc is a mortgage bank resulting from the merger between First Mortgages Limited and TrustBond Mortgage Bank Plc with the intention of creating a strong financial institution that is capable of playing a headship role in the mortgage banking sector.

    The synergy is with the intent of enhancing stakeholders and shareholders ‘value. This is with the believe that the new Bank (FirstTrust Mortgage Bank Plc) would run more efficiently than each Bank operating on its own. It is expected that the Bank should have higher operating synergies which will result in increased benefits made possible to its customers by combining complementary operations.

    With the advent of the reforms in the National Housing Policy which are aimed at improved liquidity in the Mortgage Banking industry, the new bank with enhanced capital base will be repositioned to facilitate the implementation of the National Housing Policy, which will assist many Nigerians to own homes.

    The Bank will seek to abide by all sustainability principles adopted for the protection, continuity of our environment and social standards through eco-friendly activities and humane business operations.

    The Merger

    The merger resulting into FirstTrust Mortgage Bank Plc, is to create a stronger mortgage banking institution. This is with the hope of emerging as a mega mortgage bank capable of competing more vibrantly within the Nigerian Mortgage banking sector.

    This Objective/Goal, will intend to achieved through the following:
    Talent Development

    With the experience and skills of the leadership of the merging banks, the new entity will attract, develop and retain skilled workforce within the institution.

    Value Addition/Creation

    The new Bank will have a specific strategic fit, service excellence and redefined support to the primary Mortgage subsector. These shared strategic focuses will present enhanced value facilitation for the customers of both institutions.

    Cost Efficiency Advantage

    The new Bank will provide optimal cost pattern with realizable benefits as the new institution will have wider market access and seamless integration gains emanating from technology and related infrastructure fit.

    Innovative Technology

    The new bank will be repositioned through continuous improvement in advanced cutting-edge technology that will improve access to innovative mortgage bank products.

    Core Values







    Board of Directors

    The Board of Directors is made up of experienced professionals and businessmen carefully and rigorously selected. The directors are determined to reflect their vast experience and the tremendous successes they enjoyed in their various careers on FT Mortgage Bank Plc.

    Mr. Uduma Okoro Kalu


    Ola Ifezulike (Mrs)


    Mr. Adeniyi A. Akinlusi


    Korede Adedayo

    Managing Director/CEO

    Ngozi Ogunwa

    Executive Director

    Management Team

    The Management Team is made of seasoned professionals with in-depth financial knowledge gained from years of theoretical and practical experience.

    Korede Adedayo

    Managing Director/CEO

    Ngozi Ogunwa

    Executive Director, Business Development

    Luqman Bakare

    (Regional Executive, Lagos I)

    Olusola Kenny-Israel Ajibade

    Regional Executive, FCT & North

    Mark Okoye

    Company Secretary, Head Legal Services & Special Assets/Regional Executive South East & South-South

    Adetokunbo Aberuagba

    Chief Risk Officer

    Jacob Esuga

    Head, Abuja Business Development

    Michael Olubunmi Asalu

    Head, Strategy and Brand Communications

    Code of Governance

    Anti-Money Laundering

    Dividend Policy

    Renumeration Policy


    Life at FirstTrust Mortgage Bank

    At FirstTrust Mortgage Bank Plc, we strive with a strong work ethics derived from a great team with great passion for their jobs and preachers of all that is excellence and innovative. This is as result of our interest in the well-being of our team by encouraging a healthy work and personal live lifestyle.

    Career Development

    Career advancement is an important and over-emphasized topic/discussion at FirstTrust Mortgage Bank Plc. This is because we believe that capable and equipped team can get the job done faster and well than others.

    Work Ethic

    Working at FirstTrust Mortgage Bank Plc, you are assured that you will be looked after as we believe in balance and healthy work lifestyle.

    Are you ready to make the decision, why not submit your CV and let’s invite you for a talk.

    Helpful Tools

    Mortgage Calculator

    Find out how much you could borrow or
    gain in investments

    Application Form

    Get started on getting a loan or making an
    investment with us


    Check out the frequently asked questions from our customers.

    © 2020 FirstTrust Bank Plc. RC 196748. All Rights Reserved.