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Friday, September 03 2004

Vol 17 No.30

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  • New Page 5

    Citizens Bank set to meet N25bn target, lifts staff

    KENNETH MADUEKE

    CITIZENS International Bank Limited has finalised modalities to meet the statutory N25 billion minimum capital base even as it is repositioning for sustained growth and better performance.

    Determined to reposition the bank for future challenges in the industry, the board decided to adequately reward its staff through promotions and commendations.

    According to the Head, Corporate affairs of the bank, Mr. Tony Ndiulor, eight senior officers were recently rewarded with top management positions as part of its growth strategy.

    He explained that the promotions which took effect from August 1, this year was in keeping with its policy of motivating its workforce as a way of encouraging them to give the best to the customers.

    The breakdown shows that one staff was promoted from Assistant General Manager (AGM) grade to Deputy General Manager, (DGM) four senior managers were elevated to AGMs whilst two Managers went up to senior manger and one Deputy Manager to Manager.

    Those promoted were Chidi Ngoka who moved from the post of AGM to DGM, he holds an MBA/IESE, from the Lagos Business School, B.Sc. Business Administration from University of Benin. She has also attended numerous banking courses both locally and internationally.

    Mrs. Ngoka started her banking career in 1989 with the Nigerian American Merchant Bank as an Executive Trainee and Credit Analyst with an expanded focus on Equipment leasing, Export Credit-Financing and Debenture Stock Transactions. In 1990, she joined Citizens Bank as a Senior Banking Officer. Since then, she has risen steadily.

    Mr. Joshua Ikioda was promoted from Senior Manager to AGM. He is the Regional Manager, Lagos Central Region. He worked with SS Afemikhe and Co., as an Audit Semi-Senior between January 1989 and March 1990. Thereafter, he joined Citizens Bank as a pioneer staff in April, 1990 and was deployed to Operations Group, where he worked in all operations units of the Bank.

    In July, 1999, Joshua was deployed to Onitsha branch, where he worked as one of the pioneer Operations Officers of the then new branch. In 1994, he was redeployed to Head Office (Operations) and was transferred to Apapa Branch Operations in May 1995. He was subsequently made the Branch Manager in 1996.

    Joshua holds a B.Sc degree in Economics/Statistics from the University of Benin in 1988. He also obtained MBA (Marketing) in 1999 from University of Lagos and qualified as a Chartered Accountant in May 1994. He is an alumnus of the prestigious Lagos Business School.

    Mr. Charles Okoro was promoted AGM from Senior Manager grade. He is presently the Regional Manager, South East. He started his banking career with Chartered Bank as Analyst in 1990 and rose to become Head, Credit & Marketing in the Oke-Arin branch. From there he joined Citizens Bank in 1993 and was deployed to Broad Street Branch of the bank as Marketing officer. He was later transferred to the indigenous Enterprises Unit of Consumer and Retail Banking Group in March 1996.

    He has a B.Sc Economics from the University of Benin obtained in 1988. He passed out with second-class upper division. He also has an MBA from University of Lagos obtained in 1999. In addition he is a chartered accountant. He is married and has children.

    Mr Charles Ikpa who was promoted to AGM from Senior Manager holds BSc degree in Management and an MBA in Finance both from the University of Nigeria, Nsukka.

    He had worked in Cowrie Credit Limited, Century Merchant Bank Limited, Oceanic Bank International Limited and Multimix Investment Company Limited. He has wide experience covering Financial Intermediation, Export Services, Corporate and Branch Banking.

    Since joining Citizens Bank in December 1995, he has headed the Export Unit, pioneered Calabar Branch, and managed Kano Branch, and anchored the Northern Region of the bank. He is presently the Regional Manager- South/South. Charles has attended various Credit, Marketing, Management and Leadership courses.

    Mr. Nduisi Osakwe, who is the treasurer was promoted to AGM from Senior Manager. His banking career spanning over 10 years had seen him through local, foreign treasury operations and treasury marketing. He had his training in Commercial Banking (Credit Lyonnais) Nigeria Ltd (now Capital Bank) where he progressively passed through all the grades from Supervisor to Officer in six and half years. In 1998, he joined NAL Bank as assistant Manager-Treasury. He was Head, Treasury Marketing and later Deputy Manager, Treasury with responsibility on currency trading, ALM, Treasury Management.

    He joined Metropolitan Bank in January 2001 as Manager Treasury and Treasurer, a position he held till he crossed over to Citizens International Bank Ltd in September, 2001 as Treasurer and Group Head, Treasury. He holds an MBA from ESUT Business School.

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