Thursday, Jan 21st 2021 4:30 AM

Market Digest Nigeria


Citigroup Appoints First Female Country Head for Nigeria

Citigroup Inc. appointed Ireti Samuel-Ogbu as its Nigerian country officer, the first time a woman has been appointed to the lender’s top post in the country after 32 years of operating in Africa’s largest economy.

Samuel-Ogbu, who starts on Sept. 1, replaces Akin Dawodu, who was appointed as cluster head for sub-Saharan Africa in November, Citigroup’s Nigerian unit said in an email.

For the past five years, she has served as managing director of payments and receivables, treasury and trade solutions for Europe, Middle East and Africa at the lender’s office in London, according to her LinkedIn profile.

Samuel-Ogbu takes over Citigroup’s Nigerian office at a time when the West Africa nation’s banking industry is struggling with the fallout from the coronavirus pandemic, a slump in oil prices and a dollar scarcity that is choking the economy and hampering businesses.

The new country officer has a “talented and experienced team in Nigeria,” and will assist institutional clients in the country by plugging into Citigroup’s regional and global reach, the company said. Citigroup has offices in 11 countries on the continent. 


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
Get the best of Market Digest Nigeria financial news
delivered to your inbox daily!
By clicking Give it a try, I hereby: Agree and Consent to the Terms of Use and the Privacy Policy
& I may receive free newsletters & promotions from this site and can choose to unsubscribe anytime.