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About the Company

FCMB Group PLC is a leading financial services holding company headquartered in Lagos, Nigeria. The group operates through nine subsidiaries across three business groups: commercial and retail banking, investment banking, and asset and wealth management. As of December 2020, the group’s total assets were valued at approximately US$5 billion.

Leadership Team

• Oladipupo Jadesimi – Chairman
• Ladi Balogun – Group Chief Executive
• Yemisi Edun – Managing Director
• Adam Nuru – Former Managing Director

Corporate Social Responsibility (CSR)

FCMB Group PLC is committed to sustainability and community development. The company focuses on empowering local communities, supporting small and medium-sized enterprises (SMEs), and promoting financial inclusion. Through its operations, FCMB aims to positively impact the lives of individuals and communities, fostering economic growth and social progress.

Company Milestones

• 1977: Established as City Securities Limited.
• 1982: Licensed as First City Merchant Bank, becoming the first local bank in Nigeria to be established without government support.
• 2001: Transformed into a universal bank and rebranded as First City Monument Bank (FCMB).
• 2023: Reported a 148% growth in profit before tax for the first half of the year, reaching N38.2 billion.