Our Team: Board of Directors

CSL Board Composition

Ladi Jadesimi (Mr) - Chairman

Ladi Jadesimi has been a Non-Executive Member of the Board of Directors at First City Monument Bank Plc since 1983. He graduated from the University of Oxford with a Master of Arts degree as well as an LLB degree and subsequently qualified as Chartered Accountant with Coopers and Lybrand in London, England.


After his return to Nigeria, Mr. Jadesimi became Senior Executive of NAL Merchant Bank Limited and partner of Arthur Andersen & Co. and is now Independent Financial Consultant.

Jonathan A. D. Long (Dr) - Director

Jonathan Long joined the FCMB group in 1985 as Deputy Managing Director. Two years later he became the Managing Director of the bank between 1987 and 2005. He has over 31 years corporate finance experience, working in merchant banking in the United Kingdom,Switzerland and Nigeria.


He began his working career with William & Glyn's Bank Limited in 1973 and was appointed Manager, Corporate Finance, with Charterhouse Japhet Limited in London in 1976, before becoming General Manager of the bank's Swiss investment management subsidiary Charterhouse Japhet (Suisse) SA in Geneva in 1979 and eventually Assistant Director in 1981.


He later established the operations of Standard Chartered Bank Plc in Geneva, Switzerland in 1982. He holds bachelor's (1967) and master's (1970) degrees from Balliol College and a Doctorate degree (1973) from St. Anthony's College, both at Oxford University in the United Kingdom.

Ladi Balogun (Mr) - (GMD) Director

Ladi Balogun joined the FCMB gropu in 1996 as an Executive Assistant to the Chairman and Chief Executive. He has worked in various areas of the bank, including Treasury, Corporate Banking and Investment Banking.


He was appointed an Executive Director in charge of the Institutional Banking Group (IBG) in 1997. In 2000, he was made Executive Director in charge of Strategy and Business Development and in 2001 Deputy Managing Director.


He was appointed the Managing Director in 2005. He has over 18 years' experience in commercial and investment banking in Europe, the United States of America and Africa. He began his banking career in 1993 at Morgan Grenfell and Co Limited, where he worked in the areas of risk management and corporate finance (debt origination).


He was responsible for managing the bank's trading and investment positions in debt instruments in Latin America and Eastern Europe, and also part of a team that structured numerous complex debt deals in Latin America, Eastern Europe and the Asian sub-continent. Subsequently he worked at Citibank in New York before returning to Nigeria as in 1996. Ladi holds a bachelor's degree in Economics from the University of East Anglia, United Kingdom and an MBA from Harvard Business School, United States of America.

Gboyega Balogun - Managing Director

Gboyega joined the FCMB group in 2003 as the divisional head of stock broking, asset management and registrar of business. Prior to joining FCMB, he was with Merrill Lynch International Bank london in the Private Wealth Management department.


He is a member of the New York Stock Exchange (Series 7), and the London Stock Exchange, through his accreditation with Futures and Securities Association Registration (SFA).


He also holds an Investment Management Certificate from the Securities Institute (United Kingdom) and has completed Part 1 of the Certified Financial Analyst (CFA) designation. He holds a B.Sc. in Economics and Management from the University of London (Royal Holloway College), and an M.Sc in Property Investment from City University, London.

Alan Parke (Mr) - Director

Mr. Parke is a financial consultant and serves on the Board of FCMB Capital Markets Limited, an investment banking company arm of the First City Monument Bank Plc. He is a Member of the investment Committees of both Legacy Fund and the West African Advancement Fund.


An Irish, he is a Fellow of the Institute of Chartered Accountants, Ireland. He started his career with Price Waterhouse & Co. consultancy firm in Ireland, and later in several countries in Africa.


He worked for Heineken Group in senior management positions in Europe, Latin America, and Africa, from 1986 to 2004 (the final six years of which he was the Finance Director of Nigerian Breweries Plc).

Olajumoke Bakare (Mrs) - Director

Jumoke serves as the Chief Compliance Officer, Senior Vice President, Group Legal Counsel and Company Secretary of First City Monument Bank Plc. In 1989, Mrs. Bakare joined the Legal department of FCMB. She joined the law firm of Adedeji & Co., in 1985 and later worked with the Nigerian Law School as a Lecturer from 1989 to 1992.


She graduated with a second class upper grade at the Nigerian Law School in 1984. Mrs. Bakare holds a Bachelors Degree in Law from the University of IFE (now Obafemi Awolowo University) in 1983 and a Masters Degree in Law from the University of Lagos in 1991.

Adebowale Adesanya (Mr) - Director

Debo has been Chief Risk Officer of First City Monument Bank Plc, since 2008. From 2007 to 2008, he acted as Senior Vice President at the Company. Prior to this, he was the Company's Vice President.


In 1986 he holds a Bachelor degree in Political Science as well as a Master of Business Administration degree in 1989, both from University of Lagos. Mr. Adesanya joined First City Monument Bank Plc in 1989 as Management Trainee.


He has garnered experience in various areas of banking including operations, marketing, treasury and credit risk management. He was at various times in charge of the Bank's Operation and Support Group and also the Bank's treasurer. He is also an Associate of the Institute of Chartered Accountants of Nigeria (ICAN).