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Over the years, these remarkable women climbed the career ladder to get to the top after starting at the bottom.
With dint of hard work, consistency, dedication and ambition, they successfully changed the narrative, breaking the proverbial glass ceiling to become the first women to occupy the topmost job at their respective financial institutions.
Today, TheCable brings you seven current female MDs of Nigerian banks.
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NNEKA ONYEALI-IKPE, FIDELITY BANK
Nneka Onyeali-Ikpe assumed office as managing director/chief executive officer, Fidelity Bank on January 1, 2021. She is the first female to occupy the position since the bank’s inception in 1988.
By Obinna Chima
The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on board of the CEOs, Mrs. Miriam Olusanya for Guaranty Trust Bank (GTBank) and Mrs. Yemisi Edun for First City Monument Bank (FCMB) Limited, marks an important paradigm shift in the approach to decision-making and management with regard to gender at the highest levels of the Nigerian banking industry.
The NSBP states that as part of a wider sustainable banking commitment, the industry should work towards 40 per cent female representation at top management and boards levels.
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of additional 14 banks in-liquidation.
In a statement by the Director, Communication and Public Affairs Department, Bashir Nuhu, the NDIC stated that while stakeholders of eight closed banks are to receive their first round of liquidation dividend payments, those of the other six are to be paid additional sums due to them as part of their liquidation dividends.
The NDIC listed the banks as City Express Bank, All States Trust Bank, Allied Bank, Commerce Bank, North South Bank, Cooperative and Commerce Bank and Nigeria Merchant Bank.
Depositors of liquidated banks to be paid dividends by NDIC tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
NDIC to appeal IST judgment on all states Trust Bank NDIC to appeal IST judgment on all states Trust Bank
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Nigeria Deposit Insurance Corporation (NDIC) has expressed intention to appeal against a ruling of Investment and Securities Tribunal (IST) asking it to pay Winners Medical Diagnostic & Research Institute Ltd the sum of 5,000,000. 00 at two per cent interest above the CBN MRR from March 2006 when NDIC took over All States Trust Bank until the full payment of the principal sum.
IST made the order after declaring that it was wrong for the NDIC, to classify or categorise the claim for return money for un-allotted shares regulated by ISA 1999 (repealed and re-enacted as ISA 2007) and SEC Rules and Regulations made pursuant thereto as general credits ranking subordinate to private deposits of the defunct All States Trust Bank, payable only after claims for depositors liabilities have been satisfied.