Nigeria: FCMB appoints Odeghe ED

First City Monument Bank (FCMB) yesterday announced the appointment of Obaro Odeghe as Executive Director, Wholesale Banking. This follows the approval of the Central Bank of Nigeria (CBN).

In this role, Obaro will focus on deepening FCMB’s Wholesale Banking franchise in Nigeria by further expanding the coverage of bulk currency exchange, large fund management, trade transactions, working capital financing, and bank-to-bank lending for large corporations, other financial institutions, and government agencies, among others.

A seasoned financial services executive with over 25 years of experience, Obaro’s track record of exceptional performance cuts across Trade Finance and Operations, Corporate, Commercial, SME, Consumer, and Institutional Banking.

Obaro Odeghe holds a Bachelor of Agriculture degree from the University of Benin and a Master’s degree in Business Administration from the same University. He has attended several domestic and international executive training programmes at leading business schools, including Kellogg School of Management, Harvard Business School, Stanford Graduate School of Business, and the London Business School.

Obaro is a Fellow of the Institute of Credit Administration, a member of the Institute of Directors (IoD), an honorary Senior Member, Chartered Institute of Bankers of Nigeria (HCIB) and currently a Non-Executive Director on the Board of Financial Institutions Training Centre. He is also a Fellow of the National Institute of Marketing of Nigeria (NIMN) and the National Institute of Management (NIM).

A purpose beyond profit commercial banking institution, First City Monument Bank is a member of FCMB Group Plc, led by Ladi Balogun as Group Chief Executive. The bank has built a strong base in various sectors of the nation’s economy by consistently offering cutting-edge solutions to its customers across segments.

Having transformed successfully into a retail banking and wealth management-led group, FCMB expects to continue to distinguish itself through innovation and the delivery of exceptional services.