BEVERLY HILLS, August 20, (THEWILL) – Citigroup Inc. has appointed Ireti Samuel-Ogbu as its Nigerian country officer.
She becomes the first time woman to be appointed to the lender’s top post after 36 years of operating in Africa’s largest economy.
Samuel-Ogbu, who assumes the post on September 1, replaces Akin Dawodu, who has now been appointed as head for sub-Saharan Africa.
For the past five years, she has served as Managing Director of payments and receivables, treasury and trade solutions for Europe, Middle East and Africa at the lender’s office in London.
She will relocate to Lagos, Nigeria’s commercial hub, to take on her new role.
Samuel-Ogbu takes over Citigroup’s Nigerian office at a time when the West Africa nation’s banking industry is struggling with the fallout from the coronavirus pandemic, a slump in oil prices and a dollar scarcity that is choking the economy and hampering businesses.
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The new country officer has a “talented and experienced team in Nigeria,” and will assist institutional clients in the country by plugging into Citigroup’s regional and global reach, the company said.
Citigroup has offices in 11 countries on the continent.
