Monday, October 14, 2019 08:00AM / Coronation Merchant Bank
The
Board of Directors of Africa's leading financial institution; Coronation
Merchant Bank limited has announced the appointment of Banjo Adegbohungbe as
the Deputy Managing Director of the Bank. Prior to his elevation, Banjo was the
Executive Director responsible for Compliance; Operations; Information
Technology; Digital Channels and Administrative Divisions of the bank.
Banjo
began his career at Citibank Nigeria (formerly Nigeria International Bank Ltd)
and rose through the ranks to become an Assistant General Manager in charge of
the bank's Trade Operations - a position he occupied before joining Access Bank
in March 2007 as a Deputy General Manager. During his time at Access Bank, he
served in various leadership capacities as Group Head, Global Trade; Group
Head, Global Payments and Group Head, Corporate Operations. In 2011, he was
promoted to General Manager before eventually joining Coronation Merchant Bank
in 2018 as Executive Director.
He
is a seasoned banker with over 26 years of banking experience, covering various
aspects of banking including Technology, Payments, International Trade, Fixed
Income, Loans, Process Improvement and Product Management. He holds an MBA from
the International Institute for Management (IMD), Switzerland and is an alumnus
of Obafemi Awolowo University, Ife where he earned a B.Sc. in Mechanical
Engineering. He is an Honorary Senior Member of the Chartered Institute of
Bankers and has also attended several executive management and banking specific
developmental programs in leading educational institutions around the world.
Announcing
the new appointment, the Chairman of Coronation Merchant Bank, Mr. Babatunde
Folawiyo stated that: "During his time with us, Banjo has distinguished himself
in service to the organization and contributed immensely to the overall growth
of the Bank. I am confident his appointment will further strengthen and
position the Bank for improved performance"
Coronation
Merchant Bank was established to fill the gap in a long-underserved market
segment, seeking to address the need for long term capital across key sectors
of the economy. The Bank offers Investment and Corporate Banking; Private
Banking/Wealth Management and Global Markets/Treasury Services to its niche
clients. Driven by its vision of becoming Africa's premier investment Bank,
CoronationMB has been the recipient of numerous International and National
awards for product innovation and sound corporate governance practices. Some of
the international awards it received in 2019 include Best Investment Bank in
Nigeria by Global Finance, Best Investment Bank in Nigeria by World
Finance, Best Investment Bank by Global Banking & Finance Review and
Best Investment Bank by Global Business Outlook Awards.
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