(Insights from NGX Asset Rankings — 9M 2025)
Nigeria’s banking sector has shown remarkable resilience in 2025, with several lenders growing their balance sheets and strengthening market positioning despite economic headwinds. At the heart of this performance are the boardroom leaders — the chairpersons whose strategic vision, governance insight, and leadership have helped these banks navigate uncertainty and deliver tangible results. Nairametrics
For this feature, Jordanib.com highlights the 10 chairpersons of NGX-listed banks with the highest assets as of September 30, 2025, showcasing the people powering Nigeria’s financial engine. Nairametrics
✨ 1. Aigboje Aig-Imoukhuede — Chairman, Access Holdings Plc
Assets: ₦52.19 trillion
A veteran investor and former bank CEO, Aig-Imoukhuede co-founded Access Bank and today chairs Access Holdings, steering its aggressive expansion and diversified financial services footprint. Nairametrics
✨ 2. Papa Madiaw Ndiaye — Chairman, Ecobank Transnational Incorporated
Assets: ₦47.3 trillion
With deep private-equity and global banking experience, Ndiaye leads the pan-African banking giant operating in nearly 40 countries, leveraging cross-border expertise and strategic depth. Nairametrics
✨ 3. Tony Elumelu — Chairman, United Bank for Africa (UBA) Plc
Assets: ₦32.49 trillion
One of Africa’s most influential business leaders, Elumelu has shaped UBA into a truly pan-African group with footprints spanning 20 countries and global financial hubs. Nairametrics
✨ 4. Jim Ovia — Chairman, Zenith Bank Plc
Assets: ₦31.18 trillion
Founder of Zenith Bank and a global banking stalwart, Ovia combines financial leadership with a strong focus on education, community impact, and institutional growth. Nairametrics
✨ 5. Olufemi Otedola — Chairman, First HoldCo Plc
Assets: ₦26.39 trillion
The largest shareholder and chair of First Bank’s holding company, Otedola brings private-sector dynamism and governance focus amid continued balance-sheet consolidation. Nairametrics
✨ 6. Suleiman Barau — Group Chairman, Guaranty Trust Holding Company Plc (GTCO)
Assets: ₦16.66 trillion
A seasoned policymaker and former Deputy Governor of the Central Bank of Nigeria, Barau leads GTCO with both regulatory insight and private-sector strategy. Nairametrics
✨ 7. Mustafa Chike-Obi — Chairman, Fidelity Bank Plc
Assets: ₦10.55 trillion
Drawing on global investment-banking experience, Chike-Obi has driven robust growth for Fidelity Bank as its Chairman since 2020. Nairametrics
✨ 8. Sola David-Borha — Chairman, Stanbic IBTC Holdings Plc
Assets: ₦8.38 trillion
A veteran African finance executive, David-Borha’s leadership bridges institutional strength and innovative financial solutions. Nairametrics
✨ 9. Oladipupo Jadesimi — Chairman, FCMB Group Plc
Assets: ₦7.23 trillion
With legal depth and entrepreneurial leadership, Jadesimi has guided FCMB’s strategic expansion across banking and capital markets. Nairametrics
✨ 10. Dr. (Mrs.) Oluwayemisi Olorunshola — Chairman, Wema Bank Plc
Assets: ₦3.97 trillion
An advocate for education and business sustainability, Dr. Olorunshola has helped Wema Bank deepen its balance-sheet resilience. Nairametrics
📊 Why This Matters
These chairpersons aren’t just figureheads — they shape institutional strategy, uphold governance standards, and influence how these banks grow deposits, extend lending, diversify products, and strengthen stakeholder confidence. Leadership quality has proven to be as vital as balance-sheet size in Nigeria’s evolving banking landscape. Nairametrics
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