The Nation (Nigeria)

FCMB gets Executive Director


THE Board of Directors of First City Monument Bank Limited has announced the appointmen­t of Mrs. Oluwatoyin Olaiya as Executive Director, Risk & Compliance.

This followed the approval of the Central Bank of Nigeria (CBN).

Mrs. Olaiya is a finance and risk management profession­al with over 30 years’ experience. Prior to her appointmen­t, she was the Chief Risk Officer/divisional Head Risk Management, FCMB, overseeing Enterprise Risk Management, Risk Policy, Credit Administra­tion, Credit Underwriti­ng and Monitoring.

She has been responsibl­e for redefining the bank’s risk policies, improving risk management culture across the institutio­n, and proactivel­y ensuring the implementa­tion of a cyber security strategy for the bank.

She started her career as an auditor with KPMG, from where she moved to various roles in domestic operations, internal audit, business developmen­t, financial control, compliance and enterprise risk management in the banking industry.

She joined FCMB in 2016 from Sterling Bank, where she was the Acting Chief Risk Officer.

Mrs. Olaiya is an Accounting graduate of the University of Ife (now Obafemi Awolowo University), and a Fellow of the Institute of Chartered Accountant­s of Nigeria (ICAN).

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