Beneficial Ownership & Control Structure Disclosure
NVC Fund Holding Trust — Ultimate Beneficial Owner (UBO) Declaration
This disclosure is prepared in accordance with FATF Recommendation 24 (Transparency and Beneficial Ownership of Legal Arrangements), FinCEN's Customer Due Diligence Rule, and the Wolfsberg Group's correspondent banking standards. It is intended for use by correspondent banking partners, institutional clients, and regulatory authorities conducting due diligence on NVC Fund Holding Trust.
1. Entity Overview
| Full Legal Name | NVC Fund Holding Trust |
|---|---|
| Operating Name | NVC Fund Bank |
| Entity Type | Estate Trust (Private, Sovereign) |
| Trust Estate | Frank Ojogwa Ekejija Estate |
| Jurisdiction | United States of America |
| Principal Address | 100 Crescent Ct, Suite 700, Dallas, TX 75201, USA |
| Nature of Business | Supranational Sovereign Financial Institution — correspondent banking, payment settlement, asset management, stablecoin issuance, trade finance, and related financial services |
| Is the entity publicly listed? | No. NVC Fund Holding Trust is a private institution. |
| Are there any anonymous shareholders or bearer shares? | No. NVC Fund Holding Trust is a trust structure with no shares, bearer instruments, or anonymous ownership interests. |
2. Trust Structure & Ownership
NVC Fund Holding Trust is an estate trust — not a corporate entity with shareholders. The beneficial interest in the trust is held by the trust estate (Frank Ojogwa Ekejija Estate) as established under the governing trust documentation. There are no natural or legal persons who hold a beneficial ownership interest of 25% or more in the manner applicable to corporate entities. Instead, authority and control flow through the trust's governance roles as described below.
Banking Operations
IIN / Card Programs
Stablecoin Operations
3. Control Persons & Senior Managing Officials
In the absence of a traditional shareholder structure, the following individuals exercise control and authority over NVC Fund Holding Trust in their respective capacities and are disclosed as controlling persons in accordance with FinCEN's beneficial ownership standards for legal arrangements.
| Name | Role / Title | Credentials | Nature of Control |
|---|---|---|---|
| Rev. Frank Ojogwa Ekejija | Executor & Principal Authority | Estate Executor | Ultimate authority over trust operations, account openings, and institutional commitments. Primary control person. |
| Cecil Lucy | Chief Financial Officer | JD, MBA, CPA | Financial oversight, treasury management, and financial reporting authority. |
| Dr. Linus S. Etuba | Chief Operating Officer | MBA, PhD | Day-to-day operational control and institutional management. |
| Dr. Hashiru OL. Ajadi Muniru | Chief Compliance & Financial Crimes Officer | Ph.D., FCSI, DMS, CFA | Compliance program authority, AML/CFT oversight, and regulatory liaison. |
| N. Jude Menes | Legal Counsel | FCIArb | Legal authority over agreements, regulatory correspondence, and dispute resolution. |
| Carlos A. Ryerson, Esq. | Paymaster / Disbursement Authority | Attorney at Law | Disbursement authority for trust fund transactions and paymaster functions. |
4. Politically Exposed Person (PEP) Status
None of the individuals listed in Section 3 are, to the knowledge of NVC Fund Bank's Compliance Division, currently serving as or have recently served in senior political positions that would constitute PEP status under applicable FATF standards.
NVC Fund Bank acknowledges its obligation to notify correspondent partners and relevant counterparties if the PEP status of any controlling person or senior official changes. This disclosure is reviewed annually and upon any change in personnel.
5. Sanctions Status
NVC Fund Holding Trust and all individuals listed in Section 3 are not designated on any OFAC, UN, EU, or HM Treasury sanctions list to the knowledge of the institution's compliance function.
NVC Fund Bank is not subject to any active regulatory enforcement actions, sanctions orders, or debarment orders that would prohibit it from engaging in correspondent banking relationships.
6. Affiliated Entities & Divisions
| Entity / Division | Nature | Relationship to NVC Fund Holding Trust |
|---|---|---|
| NVC Fund Bank | Banking Operations Division | Operating name — fully owned within the trust structure |
| USD Mint | IIN / Payment Card Program Division | Division of NVC Fund Holding Trust — issues IINs 63995800–63995809 |
| NVCT (NVC Token) | USD-Pegged Stablecoin | Issued by NVC Fund Bank — deployed on Base Mainnet |
| AFD1 | Proprietary Instrument | Financial instrument issued within the NVC Fund ecosystem |
Declaration
NVC Fund Holding Trust hereby declares that the information provided in this Beneficial Ownership and Control Structure Disclosure is accurate, complete, and not misleading to the best of the knowledge of the institution's compliance function as of the date of this document.
NVC Fund Holding Trust commits to notifying correspondent banking partners and relevant counterparties of any material changes to its ownership structure, controlling persons, or the PEP or sanctions status of any disclosed individual within a reasonable timeframe.
Supporting documentation including trust establishment documents, identity verification for controlling persons, and CPA-verified asset documentation is available upon execution of a mutual Non-Disclosure Agreement.
Authorised by
NVC Fund Bank — Compliance Division
Chief Compliance Officer: Dr. Hashiru OL. Ajadi Muniru, Ph.D., FCSI, DMS, CFA
Executor Authority: Rev. Frank Ojogwa Ekejija