Citibank Nigeria has announced the appointment of Nneka Enwereji as its new Managing Director and Chief Executive Officer, effective August 19, 2024. This change in leadership follows the retirement of Ireti Samuel-Ogbu, who spent 36 years with Citi.
Enwereji brings 31 years of experience with Citibank to her new role, having previously served as Citi’s Head of Global Network Banking for Sub-Saharan Africa. Her extensive experience spans various fields, including Markets, Corporate & Investment Banking, Transaction Services, Risk Management, and Operations.
Enwereji’s appointment is significant, as it increases the number of female bank CEOs in Nigeria, promoting gender diversity in the financial sector. Her leadership skills and industry knowledge have been praised by Dr. Shamsuddeen Usman, Chairman of Citibank Nigeria Limited, and Akin Dawodu, Sub-Saharan Africa Sub-Cluster Head for Citi.
Enwereji has expressed excitement about her new role and commitment to delivering value to Citi’s clients and stakeholders. She aims to leverage Citi’s network to benefit clients and drive growth. Her vision aligns with the bank’s focus on customer service and relationship building.
The appointment of Enwereji is seen as a positive move for Citibank Nigeria, as she is well-positioned to build on the bank’s existing strengths and drive further growth. Her experience in global network banking could also help Citibank Nigeria better connect local clients with international opportunities.
As Enwereji takes the helm at Citibank Nigeria, the financial industry will be watching to see how she navigates the challenges and opportunities in the Nigerian banking sector. Her leadership could potentially influence trends in digital banking, financial inclusion, and international banking relationships in Nigeria.
Nneka Enwereji’s appointment as CEO of Citibank Nigeria marks a significant moment for the bank and the broader Nigerian financial sector. With her extensive experience and vision for leveraging Citi’s global network, Enwereji is poised to lead the bank through its next phase of growth and innovation. This leadership change also reflects positively on gender diversity in Nigeria’s banking industry, potentially inspiring more women to pursue leadership roles in finance.
