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Coronation Merchant Bank's Overview

Total employees241
HeadquartersVictoria Island, Lagos
Founded2015

Coronation Merchant Bank Group is a prominent Nigerian financial institution focused on providing innovative and tailored financial solutions to corporations, governments, and high-net-worth individuals across Africa. Their core services encompass investment banking (corporate finance, advisory, capital markets), wealth management, asset management, and global markets/treasury services. The bank is committed to transforming the African financial landscape by leveraging deep market insights, cutting-edge technology, and a client-centric approach to deliver superior value and foster sustainable economic growth.

Where is Coronation Merchant Bank's Headquarters?

HQ Function

The headquarters serves as the central hub for strategic decision-making, core banking operations, client relationship management, and administrative functions for all its service lines.

Notable Features:

A modern, purpose-built office facility designed to reflect the bank's premium brand and facilitate efficient operations and client engagement.

Work Culture:

The work culture at the headquarters is typically professional, dynamic, and performance-driven, emphasizing collaboration, innovation, and a strong ethical foundation. Employees are encouraged to pursue excellence and contribute to the bank's growth.

HQ Significance:

The Lagos headquarters is significant as it anchors the bank's operations in Nigeria's commercial capital, providing access to key markets, clients, and regulatory bodies. It symbolizes their strong presence in the Nigerian financial sector.

Values Reflected in HQ: The headquarters' design and functionality aim to reflect values such as professionalism, stability, innovation, and client trust.

Location:

While primarily focused on Nigeria and the broader African continent, Coronation Merchant Bank Group supports global functions through its Global Markets division, facilitating international trade finance, foreign exchange transactions, and access to international capital markets for its clients. They may also maintain correspondent banking relationships with international financial institutions to support cross-border activities.

Street Address:

Coronation House, 10 Amodu Ojikutu Street, Off Saka Tinubu Street

City:

Victoria Island, Lagos

State/Province:

Lagos State

Country:

Nigeria

Coronation Merchant Bank's Global Presence

Abuja, FCT, Nigeria

Address: The Clan Place, Plot 1387, Cadastral Zone A01, Central Business District, Abuja, FCT

To expand the bank's footprint, cater to clients in the Federal Capital Territory and Northern Nigeria, and facilitate relationships with regulatory and governmental institutions.

Buying Intent Signals for Coronation Merchant Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Coronation Merchant Bank

As of April 2025, Coronation Merchant Bank' leadership includes:

Banjo Adegbohungbe - Managing Director/CEO
Iyobosa Sorae - Deputy Managing Director
Chukwukadibia Ezerioha - Chief Financial Officer
Magnus Nmonwu - Group Head, Corporate Banking
Abiola Adekoya - Group Head, Wealth Management
Pai Gamde - Group Head, Human Resources & Administration

Investors of Coronation Merchant Bank

Coronation Merchant Bank has been backed by several prominent investors over the years, including:

Coronation Capital Limited (part of the Coronation Ecosystem, a financial services holding company)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Based on publicly available information, there have been no major widely publicized top-tier executive (MD, DMD, C-suite) hires or exits at Coronation Merchant Bank Group in the last 12-18 months, suggesting stability in its core leadership team. Minor departmental head changes may occur but are not always broadly announced.

Technology (Tech Stack) used by Coronation Merchant Bank

Discover the tools Coronation Merchant Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Coronation Merchant Bank Email Formats and Examples

Coronation Merchant Bank Group primarily utilizes the [firstinitial][lastname]@coronationmb.com email format for its employees. Variations might exist but this is the most common pattern observed.

[firstinitial][lastname]@coronationmb.com

Format

badegbohungbe@coronationmb.com

Example

85%

Success rate

News and media

NairametricsFebruary 29, 2024

Coronation Merchant Bank records 22% YoY growth in PBT for FY 2023

Coronation Merchant Bank Limited has announced its audited financial results for the year ended 31 December 2023, reporting a Profit Before Tax (PBT) of N3.47 billion, representing a 22% year-on-year growth from the N2.85 billion recorded in the preceding year. Gross earnings also grew by 51% from N21.23 billion in 2022 to N32.03 billion in 2023....more

BusinessDay NGOctober 12, 2023

Coronation Merchant Bank launches podcast series on economy, investment

Coronation Merchant Bank has launched its podcast series, ‘Coronation Conversations,’ aimed at educating listeners on economic and investment trends. The podcast series will feature industry experts, business leaders, and economists who will share their insights and perspectives on various topics related to the Nigerian economy....more

ThisDay LiveJune 1, 2023

Coronation Merchant Bank Posts N2.06bn PAT in Q1

Coronation Merchant Bank Limited recorded a profit after tax (PAT) of N2.06 billion for the first quarter ended March 31, 2023. This represents a significant growth compared to the corresponding period in 2022, underscoring the bank's strong performance and resilience in a challenging economic environment....more

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