RMB restates commitment to Nigerian market

IN commemoration of its ten years anniversary in Nigeria, RMB Nigeria has restated commitment to the Nigerian market, noting that the bank will continue to facilitate investment flows into Africa.

The bank’s new CEO, Dalu Ajene during the anniversary, said: “At RMB Nigeria, we are passionate about asking the hard questions and proffering innovative solutions to our clients. We are proud of our 10 years milestone and honoured to have grown our client base, formed strong and resilient relationships with our clients, partners, and stakeholders’ overtime.”

“We are delighted about the positive impact we have had on the Nigerian economy and the society at large. We have learnt a lot in the last 10 years of operating in Nigeria and have matured our understanding of the dynamic economic landscape. This grounding informs our partnership approach with our clients where we look to together navigate the ups and downs that the economy throws at us. We will continue to be a positive force and an enabler of the Nigerian economy”

He concluded by sharing his positive outlook for the future, “I am excited by the opportunity to take up the CEO role at such a critical time for RMB Nigeria. We are positive about the outlook for our countr y Nigeria, and we want our clients to be rest assured of our commitment to walk in step with you.”

The bank at the event also bid a fond farewell to Michael

Larbie whose 10- year tenure as

RMB Nigeria’s pioneer CEO came to an end o n 31 October

2022. Michael spearheaded the establishment of RMB Nigeria and has been pivotal to the business’s success and recognition as the market leading merchant bank in Nigeria.

Michael Larbie will remain with RMB and has been appointed as the Head of International and Broader

Africa from 1 November 2022.

In this role, he will focus on assisting and catalysing growth for African businesses and governments in the context of a challenging economic and socio- political en vironment, while simultaneously increasing RMB’S efforts to facilitate investment flows into Africa.

Dalu Ajene, previously Head of Coverage for RMB, has taken up the mantle of RMB Nigeria

CEO. He brings over 19 years of rich experience in financial services working for global and African investment banks and has executed $ 15- billion worth of advisory, capital markets and financing trans actions in several continents including

North America, Europe, Middle

East and Africa.