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Sunday, December 4, 2022

Citigroup Names Samuel-Ogbu as Country Head for Nigeria

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Citigroup Inc. appointed Ireti Samuel-Ogbu as its first female Citibank Nigeria country officer, after 36 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.

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.

She will relocate to Lagos, Nigeria’s commercial hub to take on her new role and will report to Dawodu.

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.

Citibank Nigeria Limited’s asset base stood at N828.1 billion as at full year end (FYE) 2018, reflecting a three-year cumulative annual growth rate (CAGR) of 19.8 percent. The Banks loan book grew by 10 percent to N110.3 billion and accounted for 13.3 percent of total assets.

Citigroup has offices in 11 countries on the continent.

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