Mr. Olu Akanmu- Executive Director, Retail Banking

Mr. Olu Akanmu holds a Bachelor’s Degree in Pharmacy from Obafemi Awolowo University Ile-Ife, as well as an MBA from Lagos State University. He also attended a Management Advancement Program, at the Graduate School of Business Administration, University of Witwatersrand Johannesburg, South Africa where he passed with distinction and won the Overall Best Student Prize.He has over 25 years of experience across the Banking, Consumer goods, Telecommunications, Advertising and Healthcare sectors, where he worked in different leadership positions and with a well-rounded cross – cultural experience in sales, channel management, marketing, and general management.

He became the Chief Marketing Officer of Airtel Networks Nigeria where he was a key catalyst in refocusing Airtel Business in Africa for higher revenue in various demographic segments, setting Nigeria and the African business on a new inflexion of growth. He was also at various times Divisional Director/ General Manager, Managing Director and Managing Executive of Retail and Consumer Banking at former BankPHB and Keystone Bank.

He joined First City Monument Bank Limited (FCMB) in the year 2013 as Divisional Head, Retail Banking and is responsible for driving the Bank’s overall retail banking strategy/portfolio by providing leadership and direction in execution, ensuring prominence in identified sectors, as well as driving synergistic strategies that supports quality awareness of the FCMB brand to ensure market penetration of products in a consistent manner that creates increased top of mind results, with a view to increasing the liquidity and profitability of the bank. FCMB Consumer Banking Business net-revenues grew by 120% between 2013 and 2016 under his leadership with very strong profitability.