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Managing Directors/CEOs Of Commercial Banks In NIgeria

LAGOS: Commercial banks in Nigeria play a vital role in the economy by mobilizing deposits, providing loans, and offering investment services. They generate profits for investors primarily through interest income, fees, and investment returns. The Central Bank of Nigeria (CBN) regulates these banks, ensuring financial stability and sound banking practices. By implementing monetary policy, supervising banks, and promoting financial inclusion, the CBN helps maintain public confidence in the banking system. This collaborative dynamic between commercial banks and the CBN fosters economic growth while enhancing profitability for investors.

Below are the managing Directors and Chief Exective officers of commercial banks operating in the Nigerial financial sector of the Nigeria Economy, their educational qualificaton and exeprience in sector

Bank Managing Directors, Qualifications and Job Experience

Access Bank Plc

  • Managing Director: Mr. Roosevelt Ogbonna
  • Date of New Role: January 2022
  • Educational Qualifications: MBA, University of Chicago; B.Sc. in Economics, University of Lagos
  • Job Experience: Former Executive Director at Access Bank; previously held leadership roles at Citibank and Deloitte.

2. Citibank Nigeria Limited

  • Managing Director: Nneka Enwereji
  • Date of New Role: August 2022
  • Educational Qualifications: Degree in Computer Science and Economics (First Class) from Obafemi Awolowo University; MBA from Warwick Business School, U.K.
  • Job Experience: 31 years in banking, including roles in Markets, Corporate & Investment Banking, and Executive Director on Citi Nigeria board.

3. Ecobank Nigeria Plc

  • Managing Director: Mobolaji Lawal
  • Date of New Role: February 2024
  • Educational Qualifications: B.L. from Nigerian Law School; MBA from Oxford University; attended executive programs at Harvard, Stanford, and INSEAD.
  • Job Experience: Over 28 years at Guaranty Trust Bank Plc; experience in digital banking and corporate finance.

4. Fidelity Bank Plc

  • Managing Director: Nneka Onyeali-Ikpe
  • Date of New Role: January 2021
  • Educational Qualifications: MBA, University of Massachusetts; B.Sc. in Banking and Finance, University of Lagos
  • Job Experience: Former Executive Director at Fidelity Bank; over 20 years of banking experience.

5. First Bank Nigeria Limited

  • Managing Director: Olusegun Alebiosu
  • Date of New Role: June 2024
  • Educational Qualifications: Degree in Industrial Relations and Personnel Management; Master of International Law and Diplomacy; M.Sc. in Development Studies from the London School of Economics.
  • Job Experience: Former Executive Director at First Bank; experience in risk management and corporate banking.

6. First City Monument Bank Plc

  • Managing Director: Mrs. Yemisi Edun
  • Date of New Role: December 2020
  • Educational Qualifications: MBA, Lagos Business School; B.Sc. in Accounting, University of Lagos
  • Job Experience: Former Executive Director at FCMB; over 25 years in banking with expertise in retail and commercial banking.

7. Globus Bank Limited

  • Managing Director: Elias Igbinakenzua
  • Date of New Role: June 2021
  • Educational Qualifications: MBA, University of Strathclyde; B.Sc. in Finance, University of Lagos
  • Job Experience: Former Director at a leading financial institution; experience in treasury and corporate banking.

8. Guaranty Trust Bank Plc

  • Managing Director: Olusanya Miriam
  • Date of New Role: April 2022
  • Educational Qualifications: MBA, University of London; B.Sc. in Economics, University of Lagos
  • Job Experience: Former Group Executive at GTBank; significant experience in digital banking.

9. Heritage Banking Company Ltd

  • Managing Director: Akin George-Taylor
  • Date of New Role: May 2021
  • Educational Qualifications: MBA, University of Nigeria; B.Sc. in Business Administration, Obafemi Awolowo University
  • Job Experience: Former Executive Director at Heritage Bank; expertise in SME banking.

10. Keystone Bank Limited

  • Managing Director: Hassam Imam
  • Date of New Role: August 2022
  • Educational Qualifications: MBA from Business School Netherlands; M.Sc. in Treasury Management; M.Sc. in Banking & Finance; B.Sc. in Economics.
  • Job Experience: Former Executive Director and ECO at Fidelity Bank; over three decades of diverse banking experience.

11. Parallex Bank Ltd

  • Managing Director: Olufemi Bakre
  • Date of New Role: September 2022
  • Educational Qualifications: MBA, University of Lagos; B.Sc. in Banking and Finance, University of Ado-Ekiti
  • Job Experience: Former Executive Director at a major Nigerian bank; experience in retail and commercial banking.

12. Polaris Bank Plc

  • Managing Director: Mr. Omokayode Mudathir Lawal
  • Date of New Role: January 2024
  • Educational Qualifications: Alumnus of Lagos Business School, Columbia University, and University of Oxford.
  • Job Experience: Former Executive Director of Corporate and Investment Banking at Sterling Bank; CEO of Fractional Investment Services Limited.

13. Premium Trust Bank

  • Managing Director: Emmanuel Efe Emefienim
  • Date of New Role: October 2021
  • Educational Qualifications: MBA, INSEAD; B.Sc. in Business Administration, University of Benin
  • Job Experience: Former Director at a leading commercial bank; experience in retail and digital banking.

14. Providus Bank

  • Managing Director: Walter Akpani
  • Date of New Role: February 2021
  • Educational Qualifications: MBA, University of Exeter; B.Sc. in Economics, University of Port Harcourt
  • Job Experience: Former Executive Director at Providus; experience in corporate banking.

15. Stanbic IBTC Bank Plc

  • Managing Director: Wole Adeniyi
  • Date of New Role: January 2020
  • Educational Qualifications: MBA, Wharton School; B.Sc. in Economics, University of Lagos
  • Job Experience: Former Head of Investment Banking at Stanbic; expertise in corporate finance.

16. Standard Chartered Bank Nigeria Ltd

  • Managing Director: Olukorede Adenowo
  • Date of New Role: March 2021
  • Educational Qualifications: MBA, University of Cambridge; B.Sc. in Banking and Finance, University of Lagos
  • Job Experience: Former Director at Standard Chartered; extensive international banking experience.

17. Sterling Bank Plc

  • Managing Director: Abubakar Suleiman
  • Date of New Role: June 2018
  • Educational Qualifications: MBA, University of Houston; B.Sc. in Accounting, Ahmadu Bello University
  • Job Experience: Former Chief Financial Officer at Sterling Bank; experience in risk management and compliance.

18. SunTrust Bank Nigeria Limited

  • Managing Director: Halima Buba
  • Date of New Role: January 2022
  • Educational Qualifications: MBA, University of Illinois; B.Sc. in Banking and Finance, University of Lagos
  • Job Experience: Former Director of Retail Banking at SunTrust; extensive experience in consumer banking.

19. Titan Trust Bank Ltd

  • Managing Director: Dr. Adaeze Udensi
  • Date of New Role: April 2021
  • Educational Qualifications: PhD in Finance, University of Lagos; MBA, University of Ibadan
  • Job Experience: Former Head of Strategy at Titan Trust; experience in financial consulting and investment banking.

20. Union Bank of Nigeria Plc

  • Managing Director: Mudassir Amray
  • Date of New Role: July 2021
  • Educational Qualifications: MBA, Harvard Business School; B.Sc. in Business Administration, University of Lagos
  • Job Experience: Former CEO of Union Bank; significant international banking experience.

21. United Bank For Africa Plc

  • Managing Director: Oliver Alawuba
  • Date of New Role: March 2022
  • Educational Qualifications: MBA, Stanford University; B.Sc. in Economics, University of Lagos
  • Job Experience: Former Regional Director at UBA; extensive experience in investment and commercial banking.

22. Unity Bank Plc

  • Managing Director: Mrs. Tomi Somefun
  • Date of New Role: September 2020
  • Educational Qualifications: MBA, Lagos Business School; B.Sc. in Accounting, Obafemi Awolowo University
  • Job Experience: Former Executive Director at Unity Bank; expertise in retail banking.

23. Wema Bank Plc

  • Managing Director: Mr. Moruf Oseni
  • Date of New Role: April 2023
  • Educational Qualifications: MBA, London Business School; B.Sc. in Finance, University of Lagos
  • Job Experience: Former Executive Director at Wema Bank; extensive experience in risk management.

24. Zenith Bank Plc

  • Managing Director: Dame (Dr) Adaora Umeoji OON
  • Date of New Role: June 2024
  • Educational Qualifications: Advanced Management Program at Harvard; various degrees including Sociology, Accounting, Law, and an MBA.
  • Job Experience: Over 30 years in banking; extensive executive management expertise at Zenith Bank.

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