Feyisitan-Ladimeji Lands Appointment As ED, Coronation Merchant Bank

By Duchess Magazine

It’s greater heights for seasoned chartered accountant Feyisitan-Ladimeji as she has been appointed Executive Director of Coronation Merchant Bank.

Funke Feyisitan-Ladimeji’s appointment was announced by the Board of Directors of Coronation Merchant Bank Limited. The appointment takes effect from November 18, 2020, consequent to the approval of the Central Bank of Nigeria.

Feyisitan-Ladimeji brings over 30 years wealth of extensive experience to the table. A high performer, over the years the brilliant executive honed her skill managing a variety of banking businesses across markets and corporate finance businesses, across multiple jurisdictions in EMEA (Europe, Middle East and Africa), North America and Asia, and across multiple functional areas, including financial control, complex product accounting, technology, business operations and human capital in major financial institutions within and outside Nigeria.

She joined the bank from FBNQuest Merchant Bank, there she spent eight years as the Chief Operating Officer (COO).

She also served as the Executive Director/COO at JP Morgan.

Feyisitan-Ladimeji is a Fellow of the Institute of Chartered Accountants of England & Wales and holds a Master’s degree in Globalisation and a Bachelor’s degree in Economics from Queen Mary and Brunel Universities respectively.

As the Executive Director, her responsibilities will include compliance, information technology, centralised operations, customer service, global trade and administration functions. She will also be the bank’s executive compliance officer.

Announcing the new appointment, the Chairman of Coronation Merchant Bank, Mr Babatunde Folawiyo stated that: “Funke brings to us a rich portfolio of experience garnered over the years in various leadership capacities. She could not have joined us at a more promising time in our journey to becoming an institution renowned for driving transformative solutions across Africa. I am confident her appointment will further strengthen and position the Bank for improved performance”.

He further stated, “As a Bank, we maintain high corporate governance standards and ensure that Board appointments are in line with global best practices and industry standards. Her appointment follows a long tradition of working with the best and brightest across all levels of our organisation.”

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