Shamsuddeen Usman Appointed As Citibank’s New Chairman

Dr Shamsuddeen Usman has been appointed as the chairman of Citibank Nigeria Limited.

According to the bank, Usman, who replaced Olayemi Cardoso, who retired after 12 years, is the third chairman of the bank in Nigeria since its inception.

“Usman has served on the board of Citibank Nigeria Limited as an independent non-executive director since 2017,” the bank stated.

Commenting on his retirement, Cardoso expressed his gratitude to the shareholders, board, management and staff of Citibank Nigeria for their dedication and support during his time as Chairman.

He said: “I am honoured and humbled to have served alongside an outstanding team. Citi’s footprint in my personal and professional journey remains indelible, and I remain a dedicated alumnus of the bank.

“Dr Usman’s exemplary leadership both within the private and public sector is well documented. I am convinced that his dedication to the pursuit of excellence will serve the bank well as it enters a new leadership phase.

“Mr Cardoso’s selfless leadership has contributed significantly to the many milestones that the bank has achieved over the past 12 years.

“I want to thank the Board and shareholders for their support, as we continue to focus on consistently delivering excellence to our key stakeholders.”

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