Phoenix
Kyari Bukar

Kyari Bukar

Chairman of the Board

Biography

Kyari Abba-Bukar is an accomplished board chairman, business leader and technology strategist with more than three decades of executive and board experience across banking, capital markets, payments, insurance, technology and investment. His career combines international technology expertise with a record of transforming financial institutions, strengthening corporate governance and advancing Nigeria’s financial and digital infrastructure.

His leadership is distinguished by measurable results. As Managing Director and CEO of Central Securities Clearing System Plc, he led a transformation that increased profitability more than fourfold and grew shareholders’ funds from approximately ₦11 billion to ₦26 billion. At Validar Nigeria Plc, now Unified Payments, he turned a historically loss-making company into a profitable institution, negotiated Visa International’s strategic equity investment and helped establish Visa’s payments infrastructure in Nigeria. Earlier, during a 13-year career at Hewlett-Packard in the United States, he progressed through engineering and senior management roles and contributed to global technology programmes, including an initiative projected to deliver US$85 million in annual savings.

Mr. Abba-Bukar holds a B.Sc. in Physics from Ahmadu Bello University and an M.S. in Nuclear Engineering, with a minor in Mechanical Engineering, from Oregon State University. He also attended an MBA programme at Portland State University. His executive education includes programmes at Harvard Business School, Wharton, Oxford Saïd and Visa Business School at Robinson College, Cambridge, spanning governance, digital transformation and innovation.

He currently chairs Phoenix Investment Bank (Labuan) Ltd. Ltd in Labuan, Malaysia, as well as SUNU Assurances Plc, ARCA Payments Ltd and Ventures Platform, and serves as an Independent Non-Executive Director of the Development Bank of Nigeria. A former Chairman of the Nigerian Economic Summit Group, he continues to serve on its board. He also previously served eight years as an Independent Non-Executive Director of Standard Chartered Bank Nigeria. His public-policy contributions include national assignments on identity management, fiscal policy and tax reform.

Across these roles, Mr. Abba-Bukar brings strategic judgement, technological depth and governance discipline to institution building, combining commercial performance with a commitment to stronger institutions and sustainable economic development.

Email Address

admin@thephoenixbank.com

Our Address

1st Floor, Lot 63, Jalan Merdeka, 87000 Labuan F.T., Malaysia

Phone Number

+6017412963

Experience

Over 30 Years

Leadership approach

Our team supports cross-border trade, capital flows, merchant payments, securities activity, fund management, and client advisory mandates with disciplined execution.

Kuala Lumpur executive boardroom

Every engagement begins with suitability, due diligence, documentation, and risk assessment so clients can move forward with confidence.

Phoenix works with corporates, institutions, entrepreneurs, investors, and financial counterparties that need structured, transparent, and well-governed banking solutions.

The bank brings together international banking, capital markets, securities, advisory, and risk experience under a regulated Labuan investment banking platform.

Phoenix Investment Bank (Labuan) Ltd. delivers regulated investment banking, trade finance, card and payment program support, wealth management, broking, and advisory solutions for professional and institutional clients.

Institutional focus

Licensed in Labuan, Malaysia and regulated by the Labuan Financial Services Authority (LFSA), Phoenix combines governance, correspondent connectivity, and practical transaction structuring.

Our team supports cross-border trade, capital flows, merchant payments, securities activity, fund management, and client advisory mandates with disciplined execution.

Advanced Certification in Corporate Finance, Valuation

Every engagement begins with suitability, due diligence, documentation, and risk assessment so clients can move forward with confidence.

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