Mauritian banking group MCB picks new Nigeria representative
MCB, a financial holding company based in Mauritius, has announced the appointment of Abiodun Azeez as its new chief representative officer in Nigeria.
It said in a statement on Thursday that Azeez “is set to strengthen MCB’s presence in Nigeria and enhance our engagement” with the Nigerian corporate sector with “a wealth of experience in the banking sector and a deep understanding of the African market”.
Prior to joining MCB in 2021, he headed Africa coverage for a Middle East bank, facilitating trade flows and raising capital into Africa, according to the statement.
As the chief representative officer in Nigeria, Azeez’s primary objectives include strengthening MCB’s presence in Nigeria by being closer to existing clients, particularly in the oil and gas and financial institutions sectors, the company said.
“The prevailing macro-economic situation in Nigeria presents an opportunity for the Mauritian International Financial Centre (MIFC) to position itself as a viable gateway for foreign direct investments and foreign flows required to stimulate activity and strengthen the local currency,” he said. “I believe that the strengths of MIFC and MCB will be instrumental in achieving these objectives and supporting Nigeria’s goal of becoming a $1 trillion GDP economy by 2030.”
Thierry Hebraud, Chief Executive officer of MCB, described Azeez’s appointment as an important milestone in MCB’s strategy, as “we gradually expand our presence and strengthen our operations on the African continent.”
“With his deep understanding of the region and experience, Abiodun will play a key role in driving our growth initiatives in Nigeria and the region and enhancing our relationships with stakeholders in his coverage areas,” he added.
