Ikpeazu made this known as he received the former Super Eagles winger at his residence on Thursday afternoon.
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The former Ajax and Real Betis winger, who replaces Fatai Osho whose contract expired at the end of August, has joined the eight-time Nigerian champions on a two-year contract.
Iwuala joined Enyimba in August 2019 and made his debut on December 8 of the same year in the CAF Confederation Cup fixture against FC San Pedro.
After a torrid start to the game, Enyimba appeared to have found the breakthrough in the 27th minute when Reuben Bala was tripped in the box for a penalty, but Dimgba’s kick was pushed away by Ikechukwu Ezenwa, who was making his first return to the Enyimba Stadium since his loan spell two years ago.
The Government of Abia State has presented the State’s second highest honour to the Chairman of two-time CAF Champions League winners, Enyimba Football Club of Aba, Chief Felix Anyansi-Agwu.