Mrs. Olunfunke Iyabo Osibodu, Group Managing Director/Chief Executive

Mrs. Funke Osibodu studied Economics at the University of Ife. She is also an Alumnus of the prestigious Harvard Business School. She was the CEO of Vigeo Capital Limited and the head of the Financial and Investment services arm of the Vigeo Group, a conglomerate involved in various sectors of the Nigerian economy (oil & gas, shipping, power, financial services). With over 27 years of banking experience, Mrs oshibodu was the Managing Director of two banks, MBC and Ecobank Nigeria Plc, before becoming a Director in the parent holding company of Ecobank Transnational Incorporated, a position she left in August 2006.

Mrs. Osibodu has served in various government - appointed committees and held various positions of prominence in the business community. She was, at various times, Director of ValuCard; Nigeria Interbank Settlement System (NIBSS); Consolidated Discount House Limited; First Securities Discount House Limited; MBC Securities Limited; ESL Securities Limited; Enterprises for Development International - a Non-Governmental Organisation; and The Centre for Law and Business – a private law university. She was a member of the Vision 2010 and Vice - Chairman of The Nigeria Economic Summit Group. She became the Group Managing Director/Chief Executive of the bank on 14th August, 2009.

Adekunle M. Adeosun, Executive Director

Mr Adekunle Adeosun holds a Bachelor of Business Administration in Public Accounting from Baruch College, New York and a Master of Business Administration from Pace University, New York. He also attended the prestigious Ivy League school, Columbia University in New York, where he studied Software Development.

Mr Adeosun is an international professional banker with over 21 years cognate experience. He was a Director, Group Treasury Sales with United Bank for Africa PLC (UBA). He was, at various times, Divisional Head, Corporate Banking, UBA (2007-2009) and Regional Director, Lagos (2006-2007). He had responsibility for business development in Manufacturing, Telecommunications and Retail Banking between 2003 and 2005. Hitherto, Mr Adeosun garnered considerable experience working for Ecobank Nigeria Ltd as Divisional Head, Commercial Banking Group, Branch Coordination and Wholesale Banking Group.

Mr. Adeosun played a top management restructuring role in the then National Bank of Nigeria as General Manager, Performance Management, Information Technology and Operations; Group Head, Commercial / Consumer and Private Banking (2000-2003). Prior to joining National Bank, he had banking exposure in the United States of America (USA) working for Bankers Trust Company, New York as Vice President, Global Assets (1994-1999); Assistant Treasurer (1990-1994) and Supervisor, Asset-Based Lending (1988-1990).

Mr Adeosun is in charge of Commercial and Retail Banking-South and Consumer Banking.

Philip Ikeazor, Executive Director

Mr Philip Ikeazor is a Chartered Accountant and graduate of Economics, University of Buckingham, England. He has attended a series of relevant overseas courses and served on various management committees of banks. Mr Ikeazor is a professional banker with over 22 years cognate experience (largely in corporate and investment banking). He was a Director, Wholesale Banking with United Bank for Africa (UBA). He started his banking career in 1990 working for Nigerian American Merchant Bank, then affiliated to Bank of Boston, MA, USA where he trained as a loan officer (1990-1996) and also worked at Merchant Banking Corporation (MBC), then affiliated to Bank Paribas (1996-2003).

Mr. Ikeazor had handled commercial and offshore banking assignments in Ecobank Nig. Ltd. He was the pioneer Managing Director/Chief Executive of Ecobank Kenya Limited, a medium- sized commercial bank in Kenya affiliated to the Ecobank Group, between may 2008 and February 2009.

Mr Ikeazor is in charge of Corporate and International/Investment Banking and Treasury.

Ibrahim Abubakar Kwargana, Executive Director

Mr Ibrahim Abubakar Kwargana holds Master Degree in Corporate Governance, Leeds Metropolitan University, Leeds and Second Class Upper Division, Political Sciences, Bayero University, Kano. He has attended various local and international banking courses in Oxford, Hong Kong, Cambridge and Warsaw.

He is a consummate banker with over 28 years working experience out of which 23 years are in banking. His areas of expertise include personnel administration and industrial relations, internal audit, banking operations, marketing and consumer relationship management. He has been Deputy General Manager and the Chief Auditor, (2006-2007), all at First Bank of Nigeria PLC and later, General Manager, Operations and Resources, FBN (Merchant Bankers) Limited, (2004-2005). He also worked for Nigerian International Bank Limited, a subsidiary of Citigroup between 1993 and 2004, holding strategic positions including Deputy General Manager and Head, Branch Operations.

He has responsibility for the Bank’s Commercial and Retail Banking – North and Public Sector Business.

Folashodun Adebisi Shonubi, Executive Director

Mr Folashodun Adebisi Shonubi, a holder of double masters in Business Administration and Mechanical Engineering, University of Lagos is a resourceful Information Technology-driven banker with over 19 years experience. He was a Director, Information Technology and Corporate Services with Renaissance Securities Nigeria limited, with responsibility for the group’s IT infrastructure in Africa.

Between 1999 and 2007, he worked for and supervised the IT operational platforms of MBC International Limited as Deputy General Manager; First City Monument Bank Limited as Vice – President; and Ecobank Nigeria Limited as Executive Director. Mr. Shonubi had a professional stint with Citibank Nigeria Limited as Head, Treasury Operations (1990-1993) and has served on a number of sub-committees of the Bankers’ Committee including the Ethics and Professionalism sub-committee. Mr Shonubi's portfolio covers IT & Operations and Services.