Meet the CFOs of top 10 biggest banks in Nigeria by market capitalisation

In 2023, the NGX Banking Index showcased remarkable growth, registering a robust 114.9%, solidifying its position as the second-best performing index on the NGX, narrowly trailing the oil and gas index.

Throughout the year, Nigerian banks emerged as formidable profit generators, propelled by a substantial upswing in interest income and gains resulting from the Naira’s devaluation in Q2 2023.

The financial upswing also translated into commendable market performance, with Chief Financial Officers (CFOs) strategically positioned at the forefront of guiding financial operations.

These CFOs sit at the helm of their company’s financial management for success, overseeing critical areas such as financial planning, analysis, accounting, tax, risk management and audited financial statements.

Their responsibilities include managing the finance and accounting divisions, and ensuring accurate and timely completion of the company’s financial reports.