Quest Merchant Bank has announced the appointment of Andrew Olufunmilayo Lewis as Executive Director, Risk Management and Executive Compliance Officer (ECO), following regulatory approval from the Central Bank of Nigeria (CBN), in a move aimed at strengthening governance, compliance, and enterprise risk oversight within the institution.
The appointment reflects the bank’s strategic focus on reinforcing its risk architecture and supporting long-term institutional resilience as it advances its growth and transformation agenda in Nigeria’s financial services sector.
Brandspur Banking News Desk reports that Lewis joins Quest Merchant Bank from Sterling Financial Holdings Company, where he served as Group Chief Risk Officer and provided leadership in enterprise-wide risk frameworks, regulatory compliance systems, and portfolio risk optimisation across subsidiaries.
With over 33 years of experience in banking and financial services, Lewis brings a combination of frontline banking exposure and senior risk governance expertise. His career spans consumer, commercial, and corporate banking, alongside extensive work in risk management and compliance leadership roles.
In his new role, he is expected to drive operational efficiency, strengthen internal control systems, and promote a risk-conscious culture aligned with regulatory expectations and sustainable growth objectives.
Commenting on the appointment, Quest Merchant Bank’s Acting Managing Director and Chief Executive Officer, Afolabi Olorode, stated that the decision reflects the institution’s commitment to disciplined governance and forward-looking leadership capable of supporting its strategic direction and long-term value creation.
Lewis holds a degree in Actuarial Science from the University of Lagos and has completed executive education programmes at several global institutions, including Stanford University, The Wharton School, London School of Management and Leadership, and Lagos Business School.
His appointment signals Quest Merchant Bank’s continued effort to strengthen its leadership structure as it positions for deeper operational discipline and enhanced regulatory compliance in the evolving financial landscape.
