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    EXECUTIVES

    Highest-paid bank CEOs in Nigeria

    Nneka Onyeali-Ikpe
    1. Nnamdi Okonkwo – FBN Holdings: With over 32 years of banking experience, Okonkwo, the Group Managing Director of FBN Holdings Plc, earned a staggering N3.41 billion in 2023, reflecting the company’s success and growth.
    2. Ebenezer Onyeagwu – Zenith Bank: As the Managing Director/CEO of Zenith Bank Plc, Onyeagwu’s expertise and extensive experience contributed to his earning of N2.17 billion in 2023, marking a significant increase from the previous year.
    3. Ladi Balogun – FCMB Group: Balogun, the Group Chief Executive Officer of FCMB Group Plc, saw his remuneration rise to N2.16 billion in 2023 from N1.83 billion in 2022. His 28 years of experience in commercial and investment banking played a vital role in the bank’s success.
    4. Yemi Odubiyi – Sterling Financial Holdings Company: As the Group CEO of Sterling Financial Holdings Company Plc, Odubiyi’s leadership contributed to his earning of N568 million in 2023, showcasing the bank’s growth under his guidance.
    5. Segun Agbaje – Guaranty Trust Holding Company: Agbaje, the Group CEO of Guaranty Trust Holding Company Plc (GTCO Plc), earned N456.5 million in 2023. His leadership skills have been instrumental in establishing GTCO as a multinational financial services group.
    6. Demola Sogunle – Stanbic IBTC Holdings: Sogunle, the CEO of Stanbic IBTC Holdings Plc, received a remuneration of N330 million in 2023. With his extensive experience in the banking sector, he has contributed to the success of the company.
    7. Oliver Alawuba – United Bank for Africa: Alawuba, the CEO/Managing Director of United Bank for Africa Plc, earned N247 million in 2023. His strategic leadership has played a significant role in UBA’s operations across 19 countries in Africa.
    8. Nneka Onyeali-Ikpe – Fidelity Bank: Onyeali-Ikpe assumed office as managing director/CEO of Fidelity Bank on January 1, 2021. She was formerly the executive director of Lagos and South West, overseeing the bank’s business in the six states that make up the South West region of the bank. She is also an honorary senior member of the Chartered Institute of Bankers of Nigeria. Onyeali-Ikpe’s full-year salary remained unchanged at N110 million in 2023.
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