Nigeria’s NOVA Merchant Bank is set to convert to full commercial banking after acquiring a national commercial banking license. Adebowale Oyedeji has been appointed as the new Managing Director and Chief Executive Officer. Oyedeji brings years of experience at the C-suite level and has previously held executive positions at Guaranty Trust Bank UK and Guaranty Trust Bank Group. He will be responsible for leading NOVA in its transition to a commercial bank and implementing its new mandate.