Dr. Mahmoud Isa-Dutse has been appointed Chairman of the Board, Citibank Nigeria Limited (Citi) following the retirement of Dr Shamsuddeen Usman, CON, OFR.
Dr. Isa-Dutse joined the Board of Citibank Nigeria Limited in August 2024 as an Independent non-Executive Director.
A statement explained that he was appointed to the board of Citibank Nigeria Limited in 2017.
“He served with distinction and has been instrumental in enhancing the bank’s strategic direction, fostering innovation, and sustainable growth.
“His unwavering commitment to excellence, corporate governance and stakeholder value has left an enduring legacy“.
Reflecting on his tenure, Dr Usman expressed confidence in the leadership transition stating, “I am proud to have contributed to Citi’s 40-year legacy in Nigeria and what Citibank Nigeria Limited has achieved during my tenure.
I want to express my gratitude to my fellow board members, shareholders, leadership and team for their commitment and resilience.
I know Dr Isa-Dutse will bring fresh perspectives and strong board leadership to steer the bank toward continued success. He has the vision needed to provide oversight as the bank builds on its strong momentum.
Dr Isa-Dutse has a deep understanding of both banking operations and financial regulatory frameworks and is committed to enhancing governance and strengthening Citi’s role in economic growth and financial inclusion.
Speaking on his appointment, Dr Isa-Dutse expressed enthusiasm about leading the Board. “I am honoured to assume the role of Chairman and look forward to working with the distinguished Board, and dynamic leadership team, to drive innovation, enhance Citi’s client experience, and create long-term value for the communities we serve. The bank is well-positioned for growth, and I am excited to contribute to its continued success.” Commenting on the transition, Mrs Nneka Enwereji, MD/CEO of Citibank Nigeria Limited said, “I want to sincerely thank Dr Shamsuddeen Usman. Under his leadership, Citi achieved significant progress and resilience in the face of industry headwinds. His strategic insights and dedication to excellence have been instrumental in strengthening our position as a bank. As we move forward, we remain confident in the future under the leadership of Dr Isa-Dutse as Chairman of the Board.
His extensive private sector and public sector experience will enrich the board’s perspective and help shape the bank’s future”. Dr. Isa-Dutse is a seasoned financial expert and corporate leader with over three decades of experience spanning both the private and public sectors. He brings a wealth of expertise in corporate governance, banking strategy, and regulatory compliance. Dr. Isa-Dutse has held executive and board positions in key corporate and financial institutions, including Continental Merchant Bank Nigeria Ltd, Guaranty Trust Bank Plc, United Bank for Africa Plc, Access Bank Plc, Northern Nigeria Flour Mills Plc, and Emerging Africa Infrastructure Fund (EAIF) London.
