FCMB Group PLC

Lagos: January 30, 2012 - First City Monument Bank (FCMB) Plc has announced the appointment of Mr. Segun Odusanya as its Deputy Managing Director (DMD).

The bank in a press statement released in Lagos yesterday, said the appointment is to further enhance the growth of the bank’s business, and strengthen its management team, in line with its corporate governance policy which aligns with the Central Bank of Nigeria’s regulatory framework.

Segun Odusanya comes with over 18 years experience garnered across key banking functions which include Client Relationship, Sales, Corporate Banking and Operations.

His most recent experience was as the Regional Executive Director, Client Relationship, Standard Chartered Bank, East Africa – covering Uganda, Kenya and Tanzania; a position he has held since 2009, with major responsibility for driving the group’s agenda and strategy for Client Relationship business in East Africa. Prior to attaining his most recent role, he had occupied different positions in Standard Chartered Nigeria, Zenith Bank, and erstwhile Chartered Bank.

As the Deputy Managing Director of First City Monument Bank Plc, Segun will be responsible for Treasury & Financial Markets, Risk Management &Compliance, Corporate & Commercial Banking, Transaction Services, and Institutional Banking, with the objective of ensuring the bank attains top-line revenue growth and profitability targets in the wholesale bank. Segun will also oversee the bank’s enterprise wide risks, whilst also deputizing for the Group Managing Director/Chief Executive Officer in his absence.

Segun holds a Bachelors degree in Banking and Finance, as well as Masters Degree in Finance from the University of Lagos. He has attended various managerial courses, including The General Management and Leadership Course at Said Business School, Oxford University.

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