Philip Ikeazor

Last updated
Philip Ikeazor
CitizenshipNigerian
Alma mater University of Buckingham
OccupationAccountant
Years active
  • 2023-date (Central Bank of Nigeria)
  • 2013-2017 (Keystone Bank)
Employer Central Bank of Nigeria

Philip Chukwuemeka Ikeazor is a Nigerian banker who has served as the Deputy Governor for Financial System Stability at the Central Bank of Nigeria. [1] [2]

Contents

He was appointed by President Ahmed Bola Tinubu on 15 September 2023, [3] [4] and confirmed by the Nigerian Senate on the 26th of September, 2023. [5] [6]

Education

Ikeazor studied for a Bachelors in Economics at the University of Buckingham, United Kingdom where he majored in financial management. [7] He also attended the Wharton Business School Global CEO programme for Executive Education.

Career

Ikeazor worked for six years as a loan officer for the Nigerian-American Merchant Bank from 1990 to 1996 and was also the pioneer Managing Director of Ecobank Kenya. He served as the director for wholesale banking at the United Bank for Africa [8] and as a Director on the Board of Greenwich Merchant Limited, [9] Tideway Advisory, [10] Union Bank Nigeria, [11] Union Registers, Union Bank UK Plc and UBA Trustees.

Keystone Bank

In 2013 he became CEO and Managing Director of Keystone Bank Limited. [12] [13] During his tenure at Keystone Bank, Ikeazor presided over the divestment of Orient Bank Ltd of Uganda [14] [15] and other African subsidiaries of Keystone Bank. [16] His appointment as Managing Director was renewed in 2013 by the Asset Management Corporation of Nigeria(AMCON) [17] which had acquired the bank and had appointed Ikeazor in the first instance to help turn around its fortunes. During his time as Managing Director of Keystone Bank, Ikeazor supported businesses in building digital capacity in Nigeria [18] and worked to prevent road accidents by scaling the knowledge and capacity of drivers on Nigerian roads. [19] [20] He also was involved in scaling financial literacy for school children in Nigeria. [21] Ikeazor left Keystone Bank on March 31, 2017 after his tenure lapsed. [22]

Deputy governor

Ikeazor's role at the Central Bank of Nigeria involves supervising and regulating financial service providers in Nigeria, principally the deposit money banks(DMBs), the microfinance banks(MFBs), and other financial institutions. [23]

He focuses on regulation and cybersecurity to tackle incidents of fraud, to protect consumers of financial services in Nigeria. [24] [25]

Related Research Articles

<span class="mw-page-title-main">Kingsley Moghalu</span> Nigerian political economist (born 1963)

Kingsley Chiedu Moghalu OON is a Nigerian political economist and the President of the African School of Governance (ASG), a pan-African graduate school focused on public policy and governance based in Kigali, Rwanda. He served as Deputy Governor of the Central Bank of Nigeria, appointed by President Umaru Musa Yar'Adua, from 2009 to 2014. He subsequently taught at Tufts University as Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy from 2015 to 2017. He was the presidential candidate of the Young Progressive Party (YPP) in the country's general election in February 2019.

<span class="mw-page-title-main">Union Bank of Nigeria</span> Commercial bank in Nigeria

Union Bank of Nigeria Plc is a commercial bank in Nigeria headquartered in Marina, Lagos Island, Lagos. It has been operating in Nigeria since 1917.

Sterling Bank Ltd. is a full-service national commercial bank licensed by the Central Bank of Nigeria. On Reuters and Bloomberg terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively. The Bank provides services to individuals, small businesses, and large corporations.

<span class="mw-page-title-main">Polaris Bank Limited</span> Nigerian commercial Bank

Polaris Bank Limited is a commercial bank based in Nigeria. It is licensed by the Central Bank of Nigeria, the country's banking regulator. In October 2022, the bank was acquired by Strategic Capital Investment Limited.

<span class="mw-page-title-main">Keystone Bank Limited</span> Nigerian commercial bank

Keystone Bank Limited, is a commercial bank in Nigeria. The bank is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator.

<span class="mw-page-title-main">Aishah Ahmad</span> Nigerian accountant (born 1976)

Aishah Ndanusa Ahmad is a Nigerian accountant and finance professional. She is a former deputy governor of the Central Bank of Nigeria having been appointed on 6 October 2017, replacing Sarah Alade, who retired in March 2017. She was confirmed by the Nigerian Senate on 22 March 2018. On 6 December 2022, Ahmad was reappointed deputy governor for a second five-year term and subsequently confirmed by the Senate on 14 December 2022. However, on 15 September 2023, she was removed from office by President Bola Tinubu alongside three other deputy governors for alleged corporate governance failures at the Central Bank of Nigeria.

<span class="mw-page-title-main">Nneka Onyeali-Ikpe</span> Nigerian business executive and banker

Dr. Nneka Onyeali-Ikpe, is the Group Managing Director and Chief Executive Officer of Fidelity Bank Plc. She joined Fidelity Bank as an Executive Director in 2015 and was appointed Managing Director/CEO in January 2021, becoming the first female MD/CEO in the bank's history.

Ogechi Adeola is a Nigerian business studies academic. She is the associate dean of business administration at the University of the People and associate professor of marketing at the Lagos Business School. In January, 2024. She was elected the Deputy Vice Chancellor of University of Kigali, Rwanda.

Karl Olutokun Toriola is a Nigerian business leader. He is the Chief Executive Officer of MTN Nigeria.

Babajide Oluwase is an adviser to the European Union (EU) Delegation in Nigeria and West Africa, through its Youth Sounding Board, on Green and Digital Economy.

<span class="mw-page-title-main">Ifeanyi Ossai</span> Nigerian Entrepreneur

Ifeanyi Ossai Nwabuonwu Idriss, is an Ambassador of Institute for Economics and Peace (IEP) and Founder of CribMD, a Digital health consultation platform.

Titan Trust Bank Limited is a Nigerian commercial bank that is licensed by the Central Bank of Nigeria, the national banking regulator. The bank provide financial services to micro, small and medium scale enterprises. Adaeze Udensi is the CEO of Titan Trust Bank and Tunde Lemo is the Chairman.

Temi Popoola is a Nigerian financial services executive currently serving as the GMD/CEO of The Nigerian Exchange Group.

Red Star Express is a Nigerian logistics company which includes local and international deliveries, freight forwarding, combined warehousing and haulage services, and document management, and e-commerce order fulfillment services. Red Star Express has three subsidiaries: Red Star Logistics Limited, Red Star Freight Limited and Red Star Support Services Limited.

Yetunde Oni is a Nigerian banker, managing director/chief executive officer of Union Bank and the first female managing director and CEO at Standard Chartered Bank in Sierra Leone. On January 10, 2024, she was appointed managing director of Union Bank following the dissolution of the Board and Management of Union Bank, Keystone Bank, and Polaris Bank.

<span class="mw-page-title-main">Stephen Osho</span> Nigerian financial expert

Stephen Osho is a Nigerian financial expert and Co-Managing Partner at Comercio Partners Limited. He serves as the managing director of Comercio Partners Capital Limited. Osho is a board member of Avale Africa, a platform that promotes corporate and NGO initiatives focused on social responsibility.

Thomas Akoh Etuh is a Nigerian businessman and entrepreneur from Kogi state, Nigeria. He is known for his investments in various sectors including agriculture, fertilizer production, banking, telecommunications, and aviation. He is the founder of TAK Continental Limited and has held leadership positions in several major Nigerian companies.

Emomotimi Agama is a Nigerian securities and exchange regulator. He is the Director General of the Securities and Exchange Commission(SEC) of Nigeria. He was appointed by President Ahmed Bola Tinubu in April 2024 and was confirmed by the Nigerian Senate in June 2024.

Titans of Tech Awards established in 2004 is a Nigerian award organized by Tech TV Global Network.. The award is designed to showcase Nigeria's ICT industry, celebrating the exceptional achievements of pioneers, innovators, big thinkers and organisations who are at the forefront of pushing technology adoption and usage in Nigeria.

Kingsley Obiora is a Nigerian banker who served as the Deputy Governor of Economic Policy at the Central Bank of Nigeria from 2020 to 2023. He was the deputy governor under the former governor Godwin Emefiele until his suspension.

References

  1. ↑ "Meet Philip Ikeazor, a CBN deputy Governor nominee with over 30 years of experience in the financial services industry". NewsWireNGR. 2023-09-16. Retrieved 2023-12-01.
  2. ↑ Olatunji, Eniola (2023-09-15). "CBN: Meet the new deputy governors". Businessday NG. Retrieved 2024-06-10.
  3. ↑ THEWILL, Aina Ojonugwa (2023-09-28). "BREAKING: New CBN Deputy Governors Assigned Directorates" . Retrieved 2024-06-14.
  4. ↑ Federal Republic of Nigeria (June 1, 2007). "Central Bank of Nigeria Act, 2007" (PDF). cbn.gov.ng.
  5. ↑ Olufemi, Damilola (2023-09-26). "BREAKING: Senate confirms Cardoso CBN gov, four others as deputies". Punch Newspapers. Retrieved 2024-09-07.
  6. ↑ Arise News (2023-09-26). Senate Screening: Mr. Philip Ikeazor, Deputy Governor, CBN . Retrieved 2024-09-07– via YouTube.
  7. ↑ Mojeed, Abdulkareem (2023-09-16). "PROFILE: Meet Nigeria's newly nominated CBN governor, deputy governors". Premium Times Nigeria. Retrieved 2023-12-01.
  8. ↑ Edet, Hope (2017-03-08). "IKEAZOR, Philip". Biographical Legacy and Research Foundation. Retrieved 2024-09-07.
  9. ↑ "Board of Directors – Greenwich Registrars and Data Solutions". greenwichregistrars.com. Retrieved 2024-09-07.
  10. ↑ Akintola, Lukmon (May 12, 2018). "Philip Ikeazor Turns Big Fish In Small Pond". independent.ng. Retrieved 2024-09-08.
  11. ↑ Egwuatu, Peter (January 2, 2012). "Non-shareholders to participate in Union Bank rights issue – Ikeazor". Vanguardngr.com.
  12. ↑ Akintola, Lukmon (April 7, 2018). "Where Is Philip Ikeazor?". Independent.ng. Retrieved 2024-09-07.
  13. ↑ "Ikeazor appointed Keystone Bank MD/CEO". Nigeria Business News. 2013-01-31. Retrieved 2024-09-07.
  14. ↑ Nairametrics (2015-03-09). "Keystone Bank completes divestment from Ugandan subsidiary". Nairametrics. Retrieved 2024-09-08.
  15. ↑ "Nigeria's Keystone Bank to Sell Units in Three African Countries". Bloomberg.com. 2014-07-24. Retrieved 2024-09-08.
  16. ↑ The Nation (July 25, 2014). "Keystone Bank to divest from African subsidiaries". thenationonlineng.net.
  17. ↑ The Nation (August 12, 2013). "AMCON extends tenure of Bridged Banks CEOs, management". thenationonlineng.net.
  18. ↑ "Ikeazor Urges Businesses to Build Digital Capacity – THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-09-08.
  19. ↑ "Bank tasks drivers on good health". The Guardian Nigeria News - Nigeria and World News. 2015-09-15. Retrieved 2024-09-08.
  20. ↑ "Nigeria accounts for 85% road accident deaths-Keystone CEO". BusinessDay NG, TV, and Podcast. 2013-11-27. Retrieved 2024-09-08.
  21. ↑ "Keystone Bank keys into CBN's financial inclusion initiative". Businessday NG. BusinessDay. 2014-03-19. Retrieved 2024-09-08.
  22. ↑ "My plans for Keystone Bank – Ag. MD - Daily Trust". Daily Trust. 2017-04-04. Retrieved 2024-09-08.
  23. ↑ Nigeria (2024-09-07). "Cardoso Assigns Portfolios to four Deputy Governors". Thisdaylive.com. Retrieved 2024-09-07.
  24. ↑ Ariemu, Ogaga (2024-06-28). "CBN mulls policies to tackle cyber Insecurity in Nigerian financial sector". Daily Post Nigeria. Retrieved 2024-09-07.
  25. ↑ Akintaro, Samson (2024-06-28). "CBN mulls new regulation to drive compliance by Nigerian fintechs". Nairametrics. Retrieved 2024-09-07.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.