FCMB Group Plc

NGSE:FCMB Stock Report

Market Cap: ₦471.3b

FCMB Group Management

Management criteria checks 2/4

FCMB Group's CEO is Ladi Balogun, appointed in Mar 2017, has a tenure of 7.92 years. directly owns 0.52% of the company’s shares, worth NGN2.44B. The average tenure of the management team and the board of directors is 4.7 years and 7.2 years respectively.

Key information

Ladi Balogun

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.9yrs
CEO ownership0.5%
Management average tenure4.7yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

CEO

Ladi Balogun (52 yo)

7.9yrs

Tenure

Mr. Ladipupo O. Balogun, also known as Ladi, is Non-Executive Director at FCMB Bank (UK) Ltd. Mr. Balogun has been the Group Chief Executive of FCMB Group Plc since March 14, 2017 and served its Managing D...

Leadership Team

NamePositionTenureCompensationOwnership
Ladipupo Balogun
Group Chief Executive & Executive Director7.9yrsno data0.52%
NGN 2.4b
Deji Fayose
Chief Financial Officer4.1yrsno datano data
Gbolahan Joshua
COO & Executive Director3.4yrsno data0.019%
NGN 89.3m
Olufemi Badeji
Executive Director of Corporate & Investment Banking and Executive Director5.3yrsno data0.019%
NGN 89.3m
Ori Rewane
Head of Investor Relationsno datano datano data
Olufunmilayo Adedibu
Group Company Secretary & Legal Counselno datano datano data
Babajide Odedele
Head of Internal Auditno datano datano data
Yemisi Edun
MD & CEO of First City Monument Bank Limitedno datano datano data
James Ilori
Chief Executive Officer of FCMB Asset Management Limitedno datano datano data
Adetunji Lamidi
MD & CEO of FCMB Microfinance Bank Limitedno datano datano data
Chistopher Bajowa
MD & CEO of FCMB Pensions Limitedno datano datano data
Samuel Adesanmi
MD & CEO of FCMB Trustees Limitedno datano datano data

4.7yrs

Average Tenure

49yo

Average Age

Experienced Management: FCMB's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ladipupo Balogun
Group Chief Executive & Executive Director11.6yrsno data0.52%
NGN 2.4b
Gbolahan Joshua
COO & Executive Director3.4yrsno data0.019%
NGN 89.3m
Olufemi Badeji
Executive Director of Corporate & Investment Banking and Executive Director5.3yrsno data0.019%
NGN 89.3m
Tokunboh Ishmael
Non Executive Director4.8yrsno datano data
Gregory Ero
Non Executive Director11.2yrsno datano data
Alhaji Damcida
Non-Executive Director11.6yrsno datano data
Oluwatoyin Ashiru
Non-Executive Director11.2yrsno data0.0052%
NGN 24.5m
Oladipupo Jadesimi
Non-Executive Chairman of the Board7.2yrsno data0.48%
NGN 2.3b
Olapeju Sofowora
Independent Non-Executive Director7.2yrsno data0.00025%
NGN 1.2m
Muibat Ijaiya
Independent Non-Executive Director3.8yrsno data0.000020%
NGN 94.3k

7.2yrs

Average Tenure

59yo

Average Age

Experienced Board: FCMB's board of directors are considered experienced (7.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 23:10
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

FCMB Group Plc is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Derrick MensahAfrican Alliance
null nullARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.