List of banks in Nigeria

ONE of the most crucial resources you require if you’re an ambitious Nigerian striving to succeed online or offline is a bank. A bank enables you to transfer money, store it, and do many other things. Knowing your bank and the CEO in charge of your bank is crucial. For this reason, we are compiling a list of the names of Banks in Nigeria And their Ceo’s, together with information about their CEOs.

Exploring the Banks In Nigeria

In Nigeria, there are roughly 24 commercial banks. Up until the consolidation of the banking industry, there were formerly as many as 89. The top authority in Nigeria is the Central Bank of Nigeria (CBN). The Nigerian banking sector is regulated by the CBN. The recapitalization of the banking sector in 2005 was one of many reforms the CBN carried out over the years.

All of Nigeria’s banks offer secure banking services. NDIC, officially known as the Nigeria Deposit Insurance Corporation, was established in 1988 to safeguard depositors and ensure the payout of guaranteed funds in the event that an insured institution failed.

That indicates that your money should be secure even if the banks failed.

It is important to know the names of the Banks In Nigeria and their ceo’s especially the one you are banking with together with.

Here comes the list of commercial banks in Nigeria and there CEO’S

1. Access bank 

THE CEO

Herbert onyewumbu wigwe

He is a Nigerian banker and businessman. Herbert Onyewumbu Wigwe was born on August 15, 1966, in Lagos to parents who are of Ikwerre descent from Omueke Isiokpo.

He is the CEO of Access Corporation, a publicly traded company that owns access holdings PLC. Since taking over for his business partner Aiglmoukhuede in January 2014, Herbert has served as group managing director and CEO of Access Bank Pls, one of Nigeria’s top five banking companies.

2. Citi Bank Nigeria limited 

THE CEO

Ireti Samuel ogbu

Is the head for Nigeria Citi group. Ireti Samuel-ogbu was appointed as the MD/CEO of Citibank Nigeria limited in September 2020 . She is the first female CEO of the Banks In Nigeria and their ceo’s

3. Ecobank Nigeria PLC 

THE CEO

Ade Ayeyemi

Ade Ayeyemi was appointed the group Chief executive officer of ecobank in June 2015 and he assumed office on September 1 2015 . He is an experienced banker, who before joining the ecobank group, had a long and successful career with citigroup, where he was CEO of citigroups Sub-sahara Africa division based in Johannesburg.

4. Fidelity Bank PLC 

THE CEO

Nneka onyeali-Ikpe

Mrs, Nneka onyeali-Ikpe assumed office as the ceo, fidelity Bank on January 2021. Her emergence as the ceo of fidelity Bank PLC led to the transformation of the directorate to profitability and sustained it’s impressive Year on year growth, across key performance metrics including contributing over 28% of the bank’s pbt deposits and loans.

5. First bank of Nigeria limited

THE CEO

DR Adesola ( SOLA ) Kazeem Adedantan

He is the managing director/ ceo of first bank of Nigeria limited subsidiaries. Prior to his appointment, he was executive director and chief financial officer for the bank

6. First City monument bank plc

THE CEO

Ladi Balogun

Ladi Balogun is the Chief executive officer of fcmb PLC . He holds a bachelor’s degree in economics from the University of east Anglia united kingdom and mba from Harvard business school, united states, He has over 18 years experience in commercial and investment banking in Europe, the united states of America and Africa. He began his banking career in 1993 at Morgan green fell and co limited . Where he worked in the areas of risk management and corporate finance.

7. Globus bank limited

THE CEO

Elias Igbinakenzua

Elias is the Chief executive officer of globus bank. He has been in the banking industry for over two and half decades having handled top management positions such as executive director, corporate and commercial banking at zenith bank PLC one of the banks in Nigeria, for about 8 years as well as executive director, corporate and investment banking Access bank plc , for another 3 – 5 years. He has experience across all areas of banking.

8. Guaranty trust bank

THE CEO

Segun agbaje

Segun agbaje was born in the year 1964 , he is the managing director of guaranty trust bank ( GTB ), a financial institution, he is also a director of PepsiCo and member of the master card advisory board, middle east and Africa.

Banks in Nigeria and their ceo’s


9. Heritage bank company limited

THE CEO

Peter lock

Heritage Bank’s CEO since 2015 is Peter Lock. He has more than 30 years of expertise in corporate, institutional, and business banking as well as company growth and insurance. He is a graduate member of the Australian Institute of Company Directors and a senior fellow of the Financial Services Institute of Australasia. He has a Bachelor of Business, a Master of Business Administration, and a Graduate Diploma in Applied Finance from the Finance and Securities Institute of Australia, all from the University of South Australia.

10. Keystone bank limited

THE CEO

Olaniran olayinka

Mr. Olayinka graduated from the esteemed University of Lagos with a First Class Bachelor’s degree in Economics in 1988 and a Master’s degree in Economics in 1990. From 1988 to 1989, he worked as a credit analyst with The Nigeria Bank for Commerce and Industry (NBCI) in Abeokuta, Ogun State, as part of the required National Youth Service Corps program.

As a Management Trainee, Mr. Olayinka started working for Unilever Plc in 1990. He left the company in April 1992 as an Assistant Manager to pursue a career in banking. He spent four years working for Price Waterhouse Coopers and has over 25 years of banking experience, the majority of which was at the senior management level, in the areas of operations, human resources management, corporate banking, commercial banking, retail banking, and institutional banking.

11. Parallel bank limited

THE CEO

Olufemi bakre

With over 32 years of banking expertise spanning the public sector, multilateral business, foreign and local financial institutions, corporate and retail banking, and customer relationship management, Olufemi Bakre is a visionary leader.

At MBC International Bank (previously Merchant Banking Corporation), where he started his banking career, he progressed to the post of General Manager. He was appointed Group Head, Multilateral, Financial Institutions and Global Custody in 2006 after First Bank acquired MBC. Among other things, he started and completed the First Bank China Representative Office.

12. Polaris bank limited

THE CEO

Innocent C Ike

The CEO and Managing Director of Polaris Bank Limited is Mr. Innocent C. Ike. This comes about as a result of his nomination by the Polaris Bank Ltd. board of directors in September 2020, which was approved by the bank’s shareholder, Asset Management Corporation of Nigeria (AMCON).

Prior to his appointment, Mr. Ike served as the company’s Executive Director of Technology and Services, where he was in charge of creating the acquisition’s service architecture. Additionally, he was in charge of overseeing the South-South and South-East Directorate of the Bank’s operations.

13. Premium trust bank

THE CEO

Emmanuel efe emefienim

With over 30 years of expertise covering Middle and Senior Management levels within Operations, Treasury, and Marketing activities since 1992, Emmanuel Efe Emefienim is a skilled banker.

He made a significant contribution to Sterling Bank PLC’s expansion and success before joining Premium Trust Bank, rising to the rank of General Manager in 2016 and being in charge of the bank’s Commercial & Institutional Banking operations in the South-South, South-East, and Midwest Regions. According to records at Sterling Bank, Emmanuel is the only Regional Business Head to have led the most successful regional operation for seven years in a row (2011-2017). Emmanuel was appointed to the Sterling Bank PLC Board in 2018 as the Executive Director in charge of the Institutional Banking Directorate. Prior to his resignation

14. Providus bank limited

THE CEO

Water Akpani

Walter Akpani is an accomplished banker with more than 20 years of expertise. He graduated from Scotland’s University of Strathclyde with a Master of Science in Finance.

His professional path has included stops at Platinum Bank Limited, ICON Merchant Bank/ICON Stockbrokers, Commercial Trust Bank, Standard Trust Bank Plc, and Natwest Bank UK. In Nigeria, Walter has taken a leading role in the establishment of new banks. He was a founding employee of ICON Stockbrokers, a member of Commercial Trust Bank’s restructuring team, Standard Trust Bank Plc, now known as United Bank for Africa, UBA, and Platinum Bank Ltd.

More Of The Banks In Nigeria And their Ceo’s


15. Stanbic ( IBTC ) bank limited

THE CEO

Mr. Wole Adeniyi

Mr. Wole Adeniyi has more than 25 years of expertise in the financial services sector working in banking operations, process management, and business support. His knowledge in these fields includes regular business operations, IT procedures, property and facility management, payment schemes, and business IT integration.

In 2003, Mr. Adeniyi provided the Bank with consistently strong network support while serving as Head, Country Operations for the erstwhile Stanbic Bank Nigeria Limited and as Deputy Chief Executive for Stanbic IBTC Bank PLC. He began working at Stanbic IBTC Bank PLC in 2007, and in 2011 he was named the bank’s Head of Business Operations, Corporate and Investment Banking, and Business Support.

16. Standard chartered bank Nigeria limited

THE CEO

Lamin manjanj

As the Chief Executive Officer of Standard Chartered Bank Nigeria Limited, Lamin Manjang aids in the strategic intent of the Standard Chartered Group in Nigeria. He leads as a Senior Banker on important relationships and represents the bank on a number of boards in Africa.

Lamin joined the Standard Chartered Group in 1999, and throughout the course of his 20 years with the bank, he has amassed a wealth of expertise in providing strategic direction in a variety of roles, including CEO for Kenya and East Africa and CEO in Oman, Uganda, and Sierra Leone.

By executing an integrated plan across the company and balancing strategy, financial performance, people and talent, risk management, business conduct, governance, and stakeholder management, Lamin demonstrates leadership. His in-depth understanding of the African market, solid relationships with clients and regulators, and extensive banking expertise are the main factors driving the Bank’s franchise in the area to continue to grow.

17. Sterling bank plc 

THE CEO

Abubakar Suleiman

Abubakar, fondly called Abu, is the chief executive officer at sterling bank plc and has carved a niche for himself in the fiercely competitive financial services landscape by providing innovative responses and solutions to complex problems .

He began his career with MBC international bank ( Which has since been merged into first bank plc ), and two years later he moved on to Citibank Nigeria. Abu joined the trust bank of Africa limited turnaround team, which ultimately merged with sterling bank plc

Before being named CEO in April 2018, he leld several leadership positions at sterling bank, including interim CEO of equitorial trust bank limited ( ETB ), integration director ( Charged with integration ETB into sterling bank ), Chief financial officer, and executive director.

A graduate of university of Abuja with a B,SC , in economics, Abu also holds an M,SC, in major programmes management from the University of oxford. Additionally, he graduated from the Wharton school, insead business school, and Arthur Anderson ( KPMG Nigeria ) . In addition to executive education from Harvard and said business school.

Banks In Nigeria and their ceo’s


18. SunTrust bank Nigeria limited

THE CEO

Halima buba

Halima buba is a Nigerian business woman and banker from Adamawa State, She currently serves as the managing director and ceo of SunTrust bank plc

The University of Maiduguri awarded buba an MBA and a Bachelor’s degree in business management. She graduated from the Lagos business and is a fellow of the institute of management consultants as well as an honorary member of the chartered institute of bankers. After working as ecobank Nigeria’s deputy general manager, she was hired as the MD/ ceo of SunTrust bank in January 2021.

19. Titan trust bank limited 

THE CEO

Mark Oguh,

In the banking sector, Mr. Oguh has 22 years of expertise in the areas of operations, audit, and financial control.

From 2015 through March 31, 2019, he served as Diamond Bank’s financial controller. He has an MBA in Banking and Finance in addition to a Bachelor of Accountancy and Business Administration.

He is a Fellow of both the Chartered Institute of Taxation of Nigeria and the Institute of Chartered Accountants of Nigeria.

20. Union bank of Nigeria plc

THE CEO

Mr. Mudassir Amray

Mr mudassir is an experienced banker with over 25 years of senior management experience. Throughout his career at Citibank and other international and local banks, he has demonstrated adaptability in six different geographies, including the USA, Nigeria, Malaysia, Hong Kong, Singapore, and Pakistan.

Mr. Amray oversaw Titan Trust Bank Limited’s establishment before being named the managing director/chief executive officer of Union Bank. He later became the bank’s first CEO in October 2019.

He has a Bachelor of Commerce from National College, University of Karachi, and an MBA from the University of Santo Tomas.

21. United bank for Africa pls 

THE CEO

Oliver Alawuba

Oliver is a seasoned banking professional and the Group Managing Director of the United Bank for Africa.

He directs the development and execution of the leading financial services group’s long-term pan-African and global strategy in its 20 African countries, as well as the United Kingdom, the United States of America, France, and the United Arab Emirates.

Oliver has broad, hands-on knowledge and experience of over 20 years in investment banking, retail and commercial banking, corporate finance, project management and public sector relationship management.

22. Unity Bank PLC

THE CEO

Mrs. Tomi somefun

The CEO and Managing Director of Unity Bank Plc is Mrs. Tomi Somefun. She held the position of Executive Director for the Lagos and South-West Business Directorates, the Financial Institution Division, and the Treasury Department of the Bank prior to her appointment in August 2015. She participates on a number of committees on the board, including the finance and general purpose, risk, and credit committees.

She is a career professional with 35 years of experience after receiving her degree, more than 26 of which were spent working in the banking industry, in key areas such as Treasury & Investment Banking, Corporate Banking, Retail, and Commercial Banking Operations.

23. Wema Bank plc 

THE CEO

Mr. Ademola Adebise

Adebise has worked in various roles in information technology, financial control & strategic planning, Treasury, corporate banking, risk management, and performance management over her more than 30 years in the banking industry, which includes four years in management consulting.

Adebise led numerous projects for banks in business process re-engineering, information technology, and risk management at Accenture (Lagos Office) prior to joining Wema Bank. He was the Head of the Finance & Performance Management Practice there.

He graduated from the Harvard Business School’s Advanced Management Program (AMP) and has a Bachelor of Science in Computer Science from the University of Lagos. He graduated from the Lagos Business School with a Master of Business Administration (MBA).

24. Zenith bank PLC

THE CEO

Mr Ebenezer onyeagwu

The CEO and Group Managing Director of Zenith Bank Plc is Mr. Ebenezer Onyeagwu. He has over 29 years of experience in the Nigerian banking sector, 18 of those years spent as a rising star at Zenith Bank Plc, where he was appointed group managing director/CEO on June 1st, 2019.

Mr. Onyeagwu is a Nigerian accounting graduate of Auchi Polytechnic. He received his certification from the Institute of Chartered Accountants of Nigeria (ICAN) as a Chartered Accountant (ACA) in 1989, and in 2003, he was made a Fellow (FCA) of the organization. Additionally, he is a Fellow of the Nigerian Institute of Credit Administration (ICA). The University of Oxford in England, where Mr. Onyeagwu graduated with a Postgraduate Diploma in Financial Strategy,and a macroeconomics certificate. In the United States, he also pursued significant executive-level education at the Wharton Business School of the University of Pennsylvania, the Columbia Business School of Columbia University, and the Harvard Business School of Harvard University.

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