Adegbohungbe now Coronation Merchant Bank Dep MD

The Board of Directors of Coronation Merchant Bank Limited (CMB) has announced the appointment of Banjo Adegbohungbe as Deputy Managing Director (DMD) of the bank.

Before his elevation, Banjo was the Executive Director (Compliance, Operations, Information Technology, Digital Channels and Administrative Divisions) of the bank, a statement by the bank said.

He began his career at Citibank Nigeria (formerly Nigeria International Bank Ltd) and rose through the ranks to become Assistant General Manager, Trade, before joining Access Bank in March, 2007, as a Deputy General Manager.

At Access Bank, he served in various leadership capacities, including Group Head, Global Trade; Group Head, Global Payments, and Group Head, Corporate Operations.


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In 2011, he was promoted to GM before eventually joining Coronation Merchant Bank in 2018 as Executive Director.

The statement further indicates that Banjo is a seasoned banker with over 26 years’ experience, covering various aspects of banking, including technology, payments, international trade, fixed income, loans, process improvement and product management.

He holds an MBA from the International Institute for Management (IMD), Switzerland, and is an alumnus of the Obafemi Awolowo University (OAU), Ife, where he earned a B.Sc in Mechanical Engineering.

He is an Honorary Senior Member of the Chartered Institute of Bankers (CIB) and has also attended several executive management and banking developmental programmes in leading educational institutions around the world.


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