First HoldCo Plc has appointed Gwen Mwaba as a non-executive director of the monetary establishment, efficient 15 October, following an approval by the Central Bank of Nigeria (CBN).
The lender disclosed the appointment in a regulatory submitting signed by Abiola Baruwa, the group firm secretary, on Thursday.
First HoldCo mentioned the appointment was made in accordance with the Nigerian Exchange Limited (NGX) Rulebook.
According to the lender, Ms Mwaba brings vital experience in company governance and board oversight, credit score danger and portfolio administration, banking technique, capital deployment, structured commerce and commodity finance, growth finance, environmental, social and governance (ESG) points, and emerging-market danger.
Profile
Ms Mwaba brings almost three many years of expertise in international banking and growth finance establishments, with explicit experience in credit score danger oversight, portfolio governance, company and sovereign lending, structured commerce and commodity finance, growth finance and rising markets.
Until not too long ago, she served as managing director of Trade Finance and Correspondent Banking on the African Export-Import Bank (Afreximbank), primarily based in Cairo, Egypt.
In that function, Ms Mwaba had govt management accountability for commerce finance and structured credit score actions throughout Africa and the Caribbean.
The newly appointed director additionally oversaw a $19.5 billion portfolio of sovereign, monetary establishment and company exposures.
She contributed to the financial institution’s Pre-Credit and Credit Committees, offering senior credit score judgement on main lending transactions. She additionally oversaw portfolio technique, sector exposures and nation danger limits.
Before that, Ms Mwaba served as regional head for Anglophone West Africa at Afreximbank, overseeing regional technique and credit score origination throughout Nigeria, Ghana, Sierra Leone, Liberia, The Gambia and Cape Verde.
Earlier, she was govt vice chairman of Structured Trade and Commodity Finance at Standard Bank Plc, London, the place she was chargeable for advanced commodity finance, export credit score agency-backed amenities and pre-export financing transactions throughout Africa.
Her earlier banking profession included senior roles at Stanbic Bank Zambia and Standard Bank South Africa, together with head of Vehicle and Asset Finance and head of Corporate Banking.
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Ms Mwaba’s wider trade expertise consists of membership of the editorial board of Trade Treasury & Payments.
Until not too long ago, her additionally served on the Multilateral Institutions Board Advisory Panel of the International Trade and Forfaiting Association (ITFA) and the World Trade Organization-led Expert Group on Trade Finance.
Ms Mwaba holds a Master of Business Administration (MBA) from Heriot-Watt University, United Kingdom, and a Bachelor of Science (Honours) diploma in Applied Accounting from Oxford Brookes University, United Kingdom.
She is a Fellow of the Association of Chartered Certified Accountants (FCCA) and holds knowledgeable qualification from the Chartered Institute of Transport.
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