Wednesday,
April 07, 2021 / 03:00PM / FSDH Merchant Bank / Header Image Credit: FSDH Merchant Bank
Mrs. Hamda
Ambah retiring as MD/CEO is to be replaced in a seamless succession by Mrs.
Bukola Smith, FCA.
After 28 years of service
to FSDH, including 4 years and 3 months as the Managing Director of FSDH
Merchant Bank, Mrs. Hamda Ambah will retire from the Bank with effect from 27th
April 2021. She joined FSDH very early in its discount house days and is now
retiring a little over eight years after the company became a merchant bank in
2013.
Succeeding her is Mrs. Bukola Smith, FCA whom the Board of Directors of
FSDH Group has appointed as the incoming MD/CEO of FSDH Merchant Bank following the approval of the Central Bank of Nigeria.
About Mrs. Bukola Smith
Mrs. Bukola Smith holds an MBA from Alliance Manchester
Business School, University of Manchester, U.K, and a B.Sc. Economics from the
University of Lagos. She is a Fellow of the Institute of Chartered Accountants
of Nigeria (ICAN), Honorary Member of the Chartered Institute of Bankers, and
an Associate Member, Certified Institute of Pensions (Nigeria).
She brings 28 years of progressive experience in the industry with a
track record of strategic execution and leadership. She was appointed Executive Director, Business
Development at First City Monument Bank (FCMB) in 2017 and held several other
leadership positions since she joined FCMB in 2006.
In her most recent role, she was responsible for the bank's 200 branches
across the Country, as well as the Public Sector, Business Banking, Agriculture
and Transaction Banking Divisions. Under her, the bank's
SME-focused team moved from 5th position in the industry to 1st
position in 2019 (KPMG Customer Service Report 2020) within three years. In
addition, she established the FCMB Women in Business Desk (branded SheVentures)
which supports female entrepreneurs. She also set up FCMB Trustees and FCMB
Custody, both of which broke even in the first year of operations and are
building traction in the asset management field.
The Board of
FSDH Merchant Bank welcomes Mrs. Smith on board and is confident that she will
take the bank to even greater heights.
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