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Business News of Thursday, 20 August 2020

Source: legit.ng

Citigroup appoints Ireti Samuel-Ogbu as its 1st female country head for Nigeria

Ireti Samuel-Ogbu Ireti Samuel-Ogbu

Citigroup Inc has finally appointed its first female country head for Nigeria after 36 years of operating in the country.

The American multinational investment bank and financial services corporation appointed Ireti Samuel-Ogbu as its new Nigerian country officer.

The woman will be returning to Nigeria to take over from Akin Dawodu.

Citigroup Inc has appointed Ireti Samuel-Ogbu as its first female Nigerian country officer after 36 years of operating in the country.

According to Bloomberg, Samuel-Ogbu, who replaces Akin Dawodu, will start her new role on Tuesday, September 1.

Legit.ng notes that Samuel-Ogbu will move to Lagos and will report to Dawodu.

The woman has served as managing director of payments and receivables, treasury and trade solutions for Europe, Middle East and Africa at the lender’s office in London for the past five years.

Citigroup, which has offices in 11 countries in Africa, said Samuel-Ogbu has a “talented and experienced team in Nigeria".

The American multinational investment bank and financial services corporation said the new country officer's team will assist institutional clients in Nigeria by plugging into Citigroup’s regional and global reach.

In other news, a Nigerian woman identified as Nneka Ede has become the first African woman to own a European club after buying a Portuguese club, Lusitano Ginásio Clube, Futebol, SAD.

The disclosure was made in a statement after the Nigerian entrepreneur acquired ownership of the football club.

Meanwhile, Legit.ng previously reported that a Nigerian lady identified as Esther Nwankwo defied the odds and became the best graduating student of her department after struggling to achieve a university education.

The lady took to her LinkedIn page to narrate how her education almost ended after she finished secondary school.

She said her father could not send her to the university due to financial constraints.

Esther said she was skeptical about her future but her determination to succeed kept her going, adding that she was determined and willing to pay the price of success.

She wrote: "I set out on my path to become educated. I took up several menial jobs to save up for higher institution."