Philip Ikeazor Explained

Philip Ikeazor
Citizenship:Nigerian
Alma Mater:University of Buckingham
Occupation:Accountant
Employer:Central Bank of Nigeria

Philip Chukwuemeka Ikeazor is a Nigerian banker who has served as the Deputy Governor for Financial System Stability at the Central Bank of Nigeria.[1] [2]

He was appointed by President Ahmed Bola Tinubu on 15 September 2023,[3] [4] and confirmed by the Nigerian Senate on the 26th of September, 2023.[5] [6]

Education

Ikeazor studied for a Bachelors in Economics at the University of Buckingham, United Kingdom where he majored in financial management.[7] He also attended the Wharton Business School Global CEO programme for Executive Education.

Career

Ikeazor worked for six years as a loan officer for the Nigerian-American Merchant Bank from 1990 to 1996 and was also the pioneer Managing Director of Ecobank Kenya. He served as the director for wholesale banking at the United Bank for Africa[8] and as a Director on the Board of Greenwich Merchant Limited,[9] Tideway Advisory,[10] Union Bank Nigeria,[11] Union Registers, Union Bank UK Plc and UBA Trustees.

Keystone Bank

In 2013 he became CEO and Managing Director of Keystone Bank Limited.[12] [13] During his tenure at Keystone Bank, Ikeazor presided over the divestment of Orient Bank Ltd of Uganda[14] [15] and other African subsidiaries of Keystone Bank.[16] His appointment as Managing Director was renewed in 2013 by the Asset Management Corporation of Nigeria(AMCON)[17] which had acquired the bank and had appointed Ikeazor in the first instance to help turn around its fortunes. During his time as Managing Director of Keystone Bank, Ikeazor supported businesses in building digital capacity in Nigeria[18] and worked to prevent road accidents by scaling the knowledge and capacity of drivers on Nigerian roads.[19] [20] He also was involved in scaling financial literacy for school children in Nigeria.[21] Ikeazor left Keystone Bank on March 31, 2017 after his tenure lapsed.[22]

Deputy governor

Ikeazor's role at the Central Bank of Nigeria involves supervising and regulating financial service providers in Nigeria, principally the deposit money banks(DMBs), the microfinance banks(MFBs), and other financial institutions.[23]

He focuses on regulation and cybersecurity to tackle incidents of fraud, to protect consumers of financial services in Nigeria.[24] [25]

Notes and References

  1. Web site: 2023-09-16 . Meet Philip Ikeazor, a CBN deputy Governor nominee with over 30 years of experience in the financial services industry . 2023-12-01 . NewsWireNGR . en-US.
  2. Web site: Olatunji . Eniola . 2023-09-15 . CBN: Meet the new deputy governors . 2024-06-10 . Businessday NG . en-US.
  3. Web site: THEWILL . Aina Ojonugwa . 2023-09-28 . BREAKING: New CBN Deputy Governors Assigned Directorates . 2024-06-14 . en-US.
  4. Web site: Federal Republic of Nigeria . June 1, 2007 . Central Bank of Nigeria Act, 2007 . cbn.gov.ng.
  5. Web site: Olufemi . Damilola . 2023-09-26 . BREAKING: Senate confirms Cardoso CBN gov, four others as deputies . 2024-09-07 . Punch Newspapers . en-US.
  6. Senate Screening: Mr. Philip Ikeazor, Deputy Governor, CBN . 2023-09-26 . Arise News . 2024-09-07 . YouTube.
  7. Web site: Mojeed . Abdulkareem . 2023-09-16 . PROFILE: Meet Nigeria's newly nominated CBN governor, deputy governors . 2023-12-01 . Premium Times Nigeria . en-GB.
  8. Web site: Edet . Hope . 2017-03-08 . IKEAZOR, Philip . 2024-09-07 . Biographical Legacy and Research Foundation . en-US.
  9. Web site: Board of Directors – Greenwich Registrars and Data Solutions . 2024-09-07 . greenwichregistrars.com.
  10. Web site: Akintola . Lukmon . May 12, 2018 . Philip Ikeazor Turns Big Fish In Small Pond . 2024-09-08 . independent.ng.
  11. Web site: Egwuatu . Peter . January 2, 2012 . Non-shareholders to participate in Union Bank rights issue – Ikeazor . Vanguardngr.com.
  12. Web site: Akintola . Lukmon . April 7, 2018 . Where Is Philip Ikeazor? . 2024-09-07 . Independent.ng . en.
  13. Web site: 2013-01-31 . Ikeazor appointed Keystone Bank MD/CEO . 2024-09-07 . Nigeria Business News . en-US.
  14. Web site: Nairametrics . 2015-03-09 . Keystone Bank completes divestment from Ugandan subsidiary . 2024-09-08 . Nairametrics . en-US.
  15. News: 2014-07-24 . Nigeria's Keystone Bank to Sell Units in Three African Countries . 2024-09-08 . Bloomberg.com . en.
  16. Web site: The Nation . July 25, 2014 . Keystone Bank to divest from African subsidiaries . thenationonlineng.net.
  17. Web site: The Nation . August 12, 2013 . AMCON extends tenure of Bridged Banks CEOs, management . thenationonlineng.net.
  18. Web site: Ikeazor Urges Businesses to Build Digital Capacity – THISDAYLIVE . 2024-09-08 . www.thisdaylive.com.
  19. Web site: 2015-09-15 . Bank tasks drivers on good health . 2024-09-08 . The Guardian Nigeria News - Nigeria and World News . en-US.
  20. Web site: 2013-11-27 . Nigeria accounts for 85% road accident deaths-Keystone CEO . 2024-09-08 . BusinessDay NG, TV, and Podcast . en-US.
  21. Web site: BusinessDay . 2014-03-19 . Keystone Bank keys into CBN's financial inclusion initiative . 2024-09-08 . Businessday NG . en-US.
  22. Web site: 2017-04-04 . My plans for Keystone Bank – Ag. MD - Daily Trust . 2024-09-08 . Daily Trust . en-US.
  23. Web site: Nigeria . 2024-09-07 . Cardoso Assigns Portfolios to four Deputy Governors . 2024-09-07 . Thisdaylive.com.
  24. Web site: Ariemu . Ogaga . 2024-06-28 . CBN mulls policies to tackle cyber Insecurity in Nigerian financial sector . 2024-09-07 . Daily Post Nigeria . en-US.
  25. Web site: Akintaro . Samson . 2024-06-28 . CBN mulls new regulation to drive compliance by Nigerian fintechs . 2024-09-07 . Nairametrics . en-US.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Philip Ikeazor".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2025, A B Cryer, All Rights Reserved. Cookie policy.