Susan Abayomi
Alpha Morgan Bank Limited has relocated its head office from Wuse II, Abuja, to Victoria Island, Lagos, in a move the financial institution says marks a new phase in its growth and nationwide expansion.
The bank’s new head office is located at 52 Adetokunbo Ademola Street, Victoria Island, Lagos. Its former office was situated at 44 Adetokunbo Ademola Crescent, Wuse II, Abuja.
The relocation follows a series of milestones recorded by the bank, including the expansion of its branch network across several cities in Nigeria.
Within its first 10 months of operations, Alpha Morgan Bank recorded a profit before tax of ₦1.9 billion and exceeded its capitalisation threshold, reflecting its early financial performance and growth ambitions.
Beyond its financial achievements, the bank said it remains committed to inclusive recruitment, community development through its corporate social responsibility initiatives and economic knowledge sharing through its quarterly Alpha Morgan Economic Review webinar featuring economist Bismarck Rewane.
Commenting on the relocation, the Managing Director and Chief Executive Officer, Ade Buraimo, described the move from Abuja to Lagos as a significant and exciting step in the bank’s growth journey.
He attributed the institution’s achievements to the dedication of its workforce, the confidence of its customers and its commitment to building a strong, accessible and sustainable financial institution.
Buraimo also expressed appreciation to the Central Bank of Nigeria for its continued support, while acknowledging the contributions of the bank’s board, management and staff to its progress.
Alpha Morgan Bank said it would continue to strengthen its presence across the country, deepen relationships with customers and create lasting value for the communities it serves.
