What Does FCMB Group Do?

Total employees2248
HeadquartersLagos
FoundedN/A

FCMB Group Plc is a leading financial services holding company headquartered in Lagos, Nigeria, with a strong presence across various segments of the Nigerian financial system. The group's subsidiaries offer a wide range of services including retail and commercial banking, corporate and investment banking, asset management, and wealth management. FCMB Group is committed to fostering economic growth and development by providing innovative financial solutions to individuals, small and medium-sized enterprises (SMEs), and large corporations. The company emphasizes digital transformation and customer-centricity in its operations, aiming to deliver accessible and efficient financial services across Africa.

Where Is FCMB Group 's Headquarters?

HQ Function

The headquarters serves as the central command for FCMB Group's strategic operations, corporate governance, financial oversight, and coordination of its various subsidiaries.

Notable Features:

Primrose Tower is an iconic building recognized for its distinctive architectural design in the Lagos Island business hub. It offers modern office facilities and a strategic location.

Work Culture:

The work culture at FCMB Group's headquarters is characterized by professionalism, innovation, collaboration, and a strong emphasis on ethical conduct and customer satisfaction. It's a dynamic environment focused on achieving strategic objectives.

HQ Significance:

The headquarters' location in Tinubu Square, a historic financial center, underscores FCMB's deep roots and significant role in Nigeria's financial services industry.

Values Reflected in HQ: The headquarters reflects FCMB's values of Professionalism, Ethics, Customer Focus, Innovation, and Teamwork through its operational standards and employee engagement.

Location:

FCMB Group primarily operates in Nigeria, offering extensive financial services nationwide through its flagship banking subsidiary, First City Monument Bank (FCMB) Limited, and other specialized financial entities. Its international presence is anchored by FCMB Bank (UK) Limited in London, which facilitates international trade finance, investment, and correspondent banking, connecting Africa to global markets. The group also maintains correspondent banking relationships worldwide to support its clients' international business needs.

Street Address:

Primrose Tower, 17A Tinubu Street

City:

Lagos

State/Province:

Lagos State

Country:

Nigeria

Where Else Does FCMB Group Operate Around the World?

Lagos, Nigeria (Multiple Locations)

Address: Various branch and office locations throughout Lagos for First City Monument Bank Limited and other subsidiaries.

To provide comprehensive banking and financial services to the largest urban population and business community in Nigeria.

Abuja, FCT, Nigeria

Address: Multiple branch locations and regional office for First City Monument Bank Limited.

To provide financial services in Nigeria's capital city, catering to governmental bodies, diplomatic missions, and a growing private sector.

Port Harcourt, Rivers State, Nigeria

Address: Multiple branch locations for First City Monument Bank Limited.

To support the significant economic activities in the oil-rich Niger Delta region and provide banking services to its populace.

London, United Kingdom

Address: FCMB Bank (UK) Limited, 81 Gracechurch Street, London, EC3V 0AU, United Kingdom

To act as a gateway for international trade and investment, serving UK-based clients with interests in Africa and African clients with international needs.

Buying Intent Signals for FCMB Group

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

Who's Leading FCMB Group ? Meet the Executive Team

As of April 2025, FCMB Group ' leadership includes:

Mr. Ladi Balogun - Group Chief Executive, FCMB Group Plc
Mr. Oladipupo Jadesimi - Chairman, FCMB Group Plc
Mrs. Yemisi Edun - Managing Director, First City Monument Bank Limited
Mr. Olufemi Badeji - Executive Director, Corporate & Investment Banking, First City Monument Bank Limited
Mr. James Benoit - Managing Director & CEO, FCMB Asset Management Limited
Mr. Gboyega Husika - Group Chief Financial Officer, FCMB Group Plc (Acting)

Who's Investing in FCMB Group ?

FCMB Group has been backed by several prominent investors over the years, including:

Publicly Traded on the Nigerian Exchange Group (NGX)
Institutional Investors (Domestic and International)
Founding Family Interests (Balogun Family)
Retail Investors

What Leadership Changes Has FCMB Group Seen Recently?

Hire2
Exits1

FCMB Group has seen some board-level appointments and transitions over the past year, reflecting ongoing strategic alignments and governance enhancements. Key operational leadership has remained largely stable.

Departures

Mr. Peter Obaseki, Mr. Peter Obaseki retired from his executive roles and the Board of FCMB Group Plc after a distinguished career with the institution.

New Appointments:

Mrs. Olapeju Sofowora, Mrs. Olapeju Sofowora joined the Board of FCMB Group Plc as a Non-Executive Director.
Alhaji Mustapha Mohammed Bintube, Alhaji Mustapha Mohammed Bintube appointed as Non-Executive Director to FCMB Group Plc's Board.
Mr. Gboyega Husika, Mr. Gboyega Husika appointed as Acting Group Chief Financial Officer following the retirement of Mr. Peter Obaseki.

What Technology (Tech Stack) Is Used byFCMB Group ?

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

FCMB Group Email Formats and Examples

FCMB Group and its subsidiaries typically use a standard corporate email format. The most commonly observed format is firstname.lastname@fcmb.com for employees of the bank, or potentially @fcmbgroup.com for group-level executives. Variations might exist.

firstname.lastname@fcmb.com or [firstinitial][lastname]@fcmb.com

Format

john.doe@fcmb.com

Example

80%

Success rate

What's the Latest News About FCMB Group ?

Proshare NigeriaMarch 28, 2024

FCMB Group Reports 162.9% Growth in Profit Before Tax to N73.6 Billion for FY 2023

FCMB Group Plc announced its audited financial results for the year ended December 31, 2023, revealing a 162.9% increase in profit before tax to N73.6 billion, up from N28.0 billion in the previous year. Gross earnings also saw a significant rise of 82.6% to N516.4 billion....more

NairametricsFebruary 15, 2024

FCMB Group appoints Gboyega Husika as acting Group CFO

FCMB Group Plc has announced the appointment of Mr. Gboyega Husika as its acting Group Chief Financial Officer. This appointment follows the retirement of Mr. Peter Obaseki, the former Chief Operating Officer and Group Chief Financial Officer....more

ThisDay LiveOctober 26, 2023

FCMB Group Sustains Impressive Run with N55.1 Billion Profit in Nine Months

FCMB Group Plc reported a profit before tax of N55.1 billion for the nine months ended September 30, 2023, representing a 109% year-on-year growth compared to N26.3 billion in the corresponding period of 2022. The performance highlights strong growth across its business segments....more

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