Ecobank Group appoints Chief Risk Officer
Ecobank Group appoints Chief Risk Officer
Nigerian lender, Ecobank Group has announced the appointment of Mr Chinedu Ikwudinma as Group Executive and Group Chief Risk Officer.
Mr Chinedu Ikwudinma has been, before this appointment, the Group Credit Officer since June 2019 before being elevated to the position of Group Executive and Group Chief Risk Officer (GCRO).
He succeeds Mr Eric Odhiambo in that role, following his (Mr Odhiambo’s) appointment as Group Executive, Corporate & Investment Banking.
Commenting on the appointment of Mr Chinedu Ikwudinma, The Ecobank Group CEO, Ade Ayeyemi said, “I congratulate Chinedu on his elevation to the position of Group Chief Risk Officer. Chinedu is a consummate banker with extensive risk management experience. Since joining Ecobank in 2019 he has brought on board his strong credit analysis and structuring acumen as well as an all-encompassing risk management intellect.”
Ecobank, Ayo Adepoju’s appointment, Ecobank Transnational Inc. records 24% increase in Profit After Tax for Q4 2020.
“We are pleased to be able to appoint senior executives from within the Group as we continue to build strong leadership capacity into the future,” he added.
Before joining the Ecobank Group, Chinedu Ikwudinma was Managing Director of Nova Merchant Bank in Nigeria from September 2017 to August 2018.
According to the disclosure, he also spent over 26 years with Citigroup in various senior management roles in Commercial Banking, Corporate & Investment Banking and Risk Management.
He has also been Managing Director of Citibank Uganda and Head of Corporate Banking in Citibank Zambia. He is a risk management specialist with extensive training and vast expertise as a Senior Credit Officer.
He has covered the full spectrum of the risk management function, encompassing products as diverse as Corporate Finance, Project Finance, Trade Finance, Derivatives Structures, Working Capital and Basic Financing and Banking Products.
He has been providing risk management and credit approvals for 25 years. Chinedu has an MSc in Structural Engineering and an MBA, both from the University of Lagos, Nigeria.
