MR. TUNDE LEMO IS NEXIM BANK'S CHAIRMAN

Following his appointment as Deputy Governor in charge of Financial Sector Surveillance of CBN, Mr. Tunde Lemo, becomes the Chairman, Board of Directors of NEXIM Bank. He succeeds Dr. Shamsuddeeen Usman who now Heads the Operations Section of the Apex Bank.

Mr. Tunde Lemo is a 1984 graduate of Accountancy from the University of Nigeria, Nsukka. A fellow of the Institute of Chartered Accountants of Nigeria, Mr. Lemo started his professional career at Arthur Andersen & Co Chartered Accountants, from where he proceeded to SCOA Nig. PLC as Consolidation Manager. He was to join the services of Chartered Bank Limited in 1989 as Credit Officer. Mr. Lemo was at one time Unit Head, Investment Banking and Head Treasury Department of Equitorial Trust Bank. He was briefly with Manufacturers’ Merchant Bank and Peak Merchant Bank, before joining the services of WEMA Bank in 1995. While in WEMA Bank, he traversed virtually all the operational departments and rose through various positions. At various times, he was Deputy General Manager (Retail Banking Group), General Manager (Corporate Banking Group) and Executive Director (Credit and Relationship Management).

He was to leave the services of WEMA Bank as the Managing Director/Chief Executive Officer when he was appointed Deputy Governor (Financial Sector Surveillance) for Central Bank of Nigeria on 2nd January 2004.

Mr. Tunde Lemo is happily married with children.