FIRST City Monument Bank Limited has apointed Oluwatoyin Olaiya as its Executive Director, Risk & Compliance.
The announcement was made after the board’s appointment was approved by the Central Bank of Nigeria (CBN).
An Accounting graduate of the University of Ife (now Obafemi Awolowo University), and a fellow of the Institute of Chartered Accountants of Nigeria, Olaiya is a finance and risk management professional with over 30 years of experience. Prior to her appointment, she was the Chief Risk Officer/Divisional Head Risk Management at FCMB, overseeing Enterprise Risk Management, Risk Policy, Credit Administration, Credit Underwriting and Monitoring.
She has been responsible for redefining the bank’s risk policies, improving risk management culture across the institution, and proactively ensuring the implementation of a cyber security strategy for the Bank.
Olaiya started her career as an auditor with KPMG, from where she moved to different roles in domestic operations, internal audit, business development, financial control, compliance and enterprise risk management in the banking industry.
Her time with FCMB began in 2016 when she was the Acting Chief Risk Officer at Sterling Bank.
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