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Citibank Nigeria Appoints Nneka Enwereji as New CEO

Daba Finance/Citibank Nigeria Appoints Nneka Enwereji as New CEO
AFRICAN STOCKS AND FINANCESeptember 2, 2024 at 9:09 AM UTC

TLDR

  • Nneka Enwereji appointed as Citibank Nigeria's new CEO, becoming the second female CEO in the bank's 40-year history.
  • Enwereji's appointment approved by the Central Bank of Nigeria, previously holding key roles in Global Network Banking and Global Banking for sub-Saharan Africa and the Middle East.
  • Enwereji's past responsibilities include serving as Executive Director in Citibank's Lenders Unit.

Citibank Nigeria has appointed Nneka Enwereji as its Chief Executive Officer following the retirement of Ireti Samuel-Ogbu, the bank's first female CEO.

This makes Enwereji the second woman to lead the bank in its 40-year history in Nigeria. Her appointment has been approved by the Central Bank of Nigeria.

Enwereji previously served as the Head of Global Network Banking for sub-Saharan Africa and Co-Head of the Global Banking unit for the Middle East and Africa. She also held the role of Executive Director in the Lenders Unit of Citibank.

Key Takeaways

With extensive experience in transaction services, risk management, and corporate and investment banking, Enwereji is expected to guide Citibank Nigeria through new regulatory challenges, including the recent increase in capitalization thresholds set by the Central Bank of Nigeria. Enwereji holds a First-Class degree in Computer Science and Economics from Obafemi Awolowo University and an MBA from Warwick Business School, UK. She has also completed executive programs at Yale and UC Berkeley.

Finance
Banking
Citibank
Nigeria
Business

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