FCMB Group Management
Management criteria checks 2/4
FCMB Group's CEO is Ladi Balogun, appointed in Mar 2017, has a tenure of 7.67 years. directly owns 1.04% of the company’s shares, worth NGN1.89B. The average tenure of the management team and the board of directors is 4.5 years and 6.9 years respectively.
Key information
Ladi Balogun
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 7.7yrs |
| CEO ownership | 1.0% |
| Management average tenure | 4.5yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
CEO
Ladi Balogun (52 yo)
7.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 7.7yrs | no data | 1.04% NGN 1.9b | |
| Chief Financial Officer | 3.8yrs | no data | no data | |
| COO & Executive Director | 3.2yrs | no data | 0.038% NGN 69.0m | |
| Executive Director of Corporate & Investment Banking and Executive Director | 5.1yrs | no data | 0.038% NGN 69.0m | |
| Head of Investor Relations | no data | no data | no data | |
| Group Company Secretary & Legal Counsel | no data | no data | no data | |
| Head of Internal Audit | no data | no data | no data | |
| MD & CEO of First City Monument Bank Limited | no data | no data | no data | |
| Chief Executive Officer of FCMB Asset Management Limited | no data | no data | no data | |
| MD & CEO of FCMB Microfinance Bank Limited | no data | no data | no data | |
| MD & CEO of FCMB Pensions Limited | no data | no data | no data | |
| MD & CEO of FCMB Trustees Limited | no data | no data | no data |
4.5yrs
Average Tenure
49yo
Average Age
Experienced Management: FCMB's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 11.3yrs | no data | 1.04% NGN 1.9b | |
| COO & Executive Director | 3.2yrs | no data | 0.038% NGN 69.0m | |
| Executive Director of Corporate & Investment Banking and Executive Director | 5.1yrs | no data | 0.038% NGN 69.0m | |
| Non Executive Director | 4.6yrs | no data | no data | |
| Non Executive Director | 10.9yrs | no data | no data | |
| Non-Executive Director | 11.3yrs | no data | no data | |
| Non-Executive Director | 10.9yrs | no data | 0.010% NGN 18.9m | |
| Non-Executive Chairman of the Board | 6.9yrs | no data | 0.96% NGN 1.8b | |
| Independent Non-Executive Director | 6.9yrs | no data | 0.00050% NGN 910.9k | |
| Independent Non-Executive Director | 3.6yrs | no data | 0.000040% NGN 72.9k |
6.9yrs
Average Tenure
59yo
Average Age
Experienced Board: FCMB's board of directors are considered experienced (6.9 years average tenure).