Rank, an integrated financial services and proprietary investment holding firm, has appointed Mr Lucky Djebah as Executive Director, Investment, as it moves to expand into wealth management and investment banking through Rank Capital.
The firm said the appointment aligns with its long-term strategy to transform into a full-fledged financial institution focused on democratising wealth creation across African markets.
Effective immediately, Djebah will lead Rank Capital’s expansion into wealth management and investment banking. He will manage portfolios across equities and treasury instruments and design bespoke investment strategies for high-net-worth individuals and organisations, according to a statement.
Djebah joins the company with over 15 years of leadership experience across Nigeria’s financial services sector. He previously served as Managing Director of Anchoria Securities Limited and Mainstreet Bank Securities Limited and as head of investment banking at Alpha Morgan Capital Advisory Partners Limited.
The firm said his experience in mergers and acquisitions, credit and securities trading would strengthen its institutional framework and corporate governance structure.
Rank stated that the appointment follows its strategic acquisitions of AjoMoney and Zazzau Microfinance Bank, moves it said have expanded its financial ecosystem.
The company explained that while Rank Microfinance Bank will provide inclusive banking services to the mass market, Rank Capital will deliver wealth management solutions. It added that the Rank App will serve as a money platform for saving, investing and spending, creating what it described as a seamless pathway from basic banking to advanced wealth creation.
The Chief Executive Officer and Co-Founder of Rank, Femi Iromini, said Djebah’s experience would support the firm’s transition from a fintech platform to a formal financial institution.
Iromini stated: “Lucky brings a broad wealth of experience that is essential as we transition from a high-growth fintech to a formalised financial institution. His deep understanding of market mechanics will help us achieve our vision of empowering everyday Nigerians to build lasting wealth, rather than just saving for the future. By institutionalising our processes under Lucky’s leadership, we are ensuring that we deliver tangible, long-term value for every stakeholder in the Rank ecosystem.”
The new Executive Director, investment, at Rank Capital, Lucky Djebah, said the company had the potential to redefine wealth management in Nigeria: “I am thrilled to join Rank at such a pivotal stage. There is a profound opportunity to redefine how Nigerians experience wealth management by leveraging cutting-edge technology without losing the essential ‘in-person’ experience that builds trust. Rank has a deep, proven expertise in building products for people exactly where they are.
“I look forward to building the critical infrastructure that proves community-driven models, when backed by institutional rigour, can secure generational wealth for Africans.”
