FCMB appoints Obaro Odeghe as Executive Director

First City Monument Bank (FCMB) on Thursday, March 3 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.

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.