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    MarketForces Africa » Uncategorized » Nneka Enwereji Becomes Citibank Nigeria MD/CEO

    Nneka Enwereji Becomes Citibank Nigeria MD/CEO

    Julius AlagbeBy Julius AlagbeAugust 29, 2024Updated:August 29, 2024 Uncategorized No Comments3 Mins Read
    Nneka Enwereji Becomes Citibank Nigeria MD/CEO
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    Nneka Enwereji Becomes Citibank Nigeria MD/CEO

    Nneka Enwereji has been appointed as the new MD/CEO for Citibank Nigeria Limited (Citi) effective August 19th, 2024, following approval by the Central Bank of Nigeria, an official statement said.  Enwereji succeeds Ireti Samuel-Ogbu who has retired from Citi after 36 years of service.

    Commenting on her appointment, Dr Shamsuddeen Usman, the Chairman of Citibank Nigeria Limited said: “I am very happy about Nneka’s appointment. Her deep industry knowledge, strong leadership skills, and a clear vision for the future will ensure the bank continues to help Citi’s clients navigate an increasingly dynamic environment.

    “It has been a pleasure working with her as an Executive Director and I look forward to working with her as the MD/CEO of Citibank Nigeria Limited”.

    Akin Dawodu Sub-Saharan Africa (SSA) Sub-Cluster Head for Citi in his statement said, “Nneka is a strong leader with a proven track record of growing businesses, deepening client relationships, and building strong partnerships.

    “I am confident that she will continue to deliver value for our clients and other stakeholders.”

    Prior to her appointment, Enwereji was Citi’s Head of Global Network Banking (GNB) across the SSA sub-cluster, and she led the team in achieving record business growth, amidst considerable market complexities.

    Her previous roles include the GNB Co-Head for Middle East and Africa (MEA), Africa Trade Services Head and Financial Institutions SSA Trade Head.

    Enwereji brings a wealth of experience and her 31-year banking career spans Markets, Corporate & Investment Banking, Transaction Services, Risk Management and Operations.

    She has been an Executive Director on the Citi Nigeria board and has also served on different boards in a non-executive capacity. Nneka holds a degree in Computer Science and Economics with first class honors from the Obafemi Awolowo University and an MBA from the Warwick Business School, U.K.

    Also, She attended executive programs at Yale School of Management and University of California, Berkeley.

    She is married with children. Commenting on her appointment, Enwereji said “I am excited about this new chapter at the helm of Citibank Nigeria Limited, working with our dedicated team to deliverthe full value of Citi’s network to clients and stakeholders.”

    Citi has been serving clients in Nigeria for 40 years, driving its vision of being the preeminent banking partner for institutions with cross-border needs, while building a strong legacy of innovation and economic progress.

    Nneka will be responsible for maximizing Citi’s value proposition to clients present in Nigeria by driving innovation, enhancing customer satisfaction, and reinforcing Citi’s position as a market leader.

    She will ensure the bank remains consistent and steadfast in its commitment to serve as a bridge to Citi’s global clients with local presence, and local clients with global aspirations. #Nneka Enwereji Becomes Citibank Nigeria MD/CEO Interest Rate on Nigerian Treasury Bill Spikes to 21.45%

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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