Merchant Bank
We are Nigeria’s premier investment bank, providing innovative solutions to the needs of corporations, governments and other financial services organisations.
Investor Relations
Our aim is to ensure that Coronation Merchant Bank becomes a respected, well-known and trusted brand within the African financial services industry.
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What We Do
We are focused on four principal areas: International Trade, Corporate Banking, Investment Banking and Treasury & Global Markets.
International Trade
Experience business without borders, without hassles. We help businesses from diverse sectors to trade across the border with ease. Our innovative funding and payment solutions and extensive network ensure your business runs seamlessly at home and abroad.
Corporate banking
Drawing on our extensive global knowledge and expertise, we provide a complete range of solutions that meet the banking needs of businesses, manage risks efficiently and finance their plans for growth.
Investment Banking
We support a wide range of corporates, governmental departments and other institutions by offering our best-in-class strategic/financial advisory capabilities, capital market solutions and innovative project financing structures.
Treasury & Global Markets
We proactively manage clients' assets, liabilities and liquidity profiles with simple, flexible and innovative solutions that guarantee improved performance and lower risks.
Board of Directors
Our board consist of highly accomplished and experienced professionals, providing a diversity of expertise, and understanding of the financial services industry.
Mr. Babatunde Folawiyo - Chairman
Mr. Folawiyo is the Managing Director of the Yinka Folawiyo Group – an organisation with interests in energy, agriculture, shipping, real estate and engineering – as well as a Director at MTN Nigeria Communications Ltd. Over the course of his career, he has been actively involved in petroleum exploration activities under the indigenous programme of the Nigerian Petroleum Industry, and was instrumental in pioneering developmental activities in the Benin Embayment.
Evelyn Oputu- NON-EXECUTIVE DIRECTOR
Ms. Oputu currently sits on the boards of several companies in a diverse range of sectors, including insurance, mining, medical services, manufacturing and oil and gas.
Idaere Gogo Ogan- NON-EXECUTIVE DIRECTOR
Mr Ogan has more than 28 years’ experience across key areas of Banking, Insurance and Oil and Gas. He is the Group Chairman of Calvary Group which includes BECCA Petroleum and Gas Limited, Cordero Engineering Services Limited and Calvary Travels and Logistics Limited, a position he has held for twenty (20) years. In this role, he has gained expansive experience in Oil and Gas management, Engineering services, and Logistics.
Suzanne Iroche - Non Executive Director
Mrs. Iroche is currently the CEO of Marnaby Limited – a financial consultancy and advisory services firm. She became a board member of Coronation Merchant Bank in October 2012. She began her career at First Bank of Nigeria as a Foreign Exchange Supervisor in 1981, after which she then advanced to various positions at the International Merchant Bank and Chartered Bank Plc.
Babatunde Dabiri- Non Executive Director
Mr. Dabiri is a retired Banking CEO who is now a member of numerous boards – he is a Director at Academy Press Plc and Mutual Benefits Assurance Plc, and Chairman at Lawson Thomas and Colleagues Ltd. He sits on the board of the University of Lagos Holding Company Ltd and on the Advancement Board of the University of Ibadan. He is also a Board Member of LEAP Africa, an organisation committed to developing dynamic, innovative and principled youth leaders.
Larry Etta- Non Executive Director
Mr. Ettah is the Group Managing Director/Chief Executive Officer of UAC of Nigeria Plc. (UACN) and is Chairman of the following publicly quoted companies: UAC Property Development Company Plc (UPDC), Chemical & Allied Products Plc (CAP), Portland Paints & Products Nigeria Plc and Livestock Feeds Plc.
Olubunmi Fayokun - Non Executive Director
Admitted to the Nigerian Bar – 1985, Ms. Fayokun is a Senior Partner in the law firm of Aluko & Oyebode and heads the firm’s Capital Markets’ and M&A practice groups. Prior to joining the firm, Ms. Fayokun was the Legal Adviser/Company Secretary of Denham Management Limited Ms. Fayokun’s career spans over three decades during which she has represented a highly diversified clientele of top-tier indigenous, international and multinational companies in various sectors including: banking, oil and gas, FMCG, power, aviation and insurance.
Mr. Adamu Atta - Non Executive Director
Mr. Atta founded and heads the consultancy, Matad Group Nigeria Limited (“Matad”), and through this, he has gained over twenty years’ experience consulting for various businesses in areas such as socio-economic and feasibility studies, analysis and diagnostic reviews.
Executive Management
Banjo Adegbohungbe- MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER
Banjo has over 25 years banking experience in operations, technology and product management spanning international trade, foreign and local payments, foreign exchange, fixed income, money markets and loans. He spent 14 years in Citibank Nigeria (formerly Nigeria International Bank Ltd) in various functions including technology, business process improvement and trade operations, rising to become the Head, Trade Operations in 2005 prior to joining Access Bank in March 2007.
Funke Feyistian Ladimeji- EXECUTIVE DIRECTOR
Funke has over 30 years’ experience in banking and finance. She has managed 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.
Ademola Adekoya-
Mr. Adekoya is an experienced banker whose core banking experience has covered financial and business advisory, wealth management, corporate finance, and credit and marketing.