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Claim: A Facebook user asserts that 11 women are Managing Directors (MDs) or Chief Executive Officers (CEOs) of banks in Nigeria.

Verdict: TRUE! Available information on the 11 Banks’ websites confirms they have female Managing Directors (MDs) or Chief Executive Officers (CEOs). We also found various news articles from reputable media organisations on the appointment of these women.
Full Text
Nigerian women face great difficulty in achieving their political and leadership aspirations. Most obstacles they encounter are rooted in gender discrimination.
Some areas where Nigerian women face the most significant obstacles are winning elections and assuming leadership roles.
On average, women make up only 23% of high-potential pools at top-performing organisations. The numbers are even smaller in underperforming organisations, where only 14% of leaders in high-potential pools are women.
Stephen Esabu wrote on Facebook that most of the banks in Nigeria have females as their bank Managing Directors (MDs) or Chief Executive Officers (CEOs). He stated this to show that females have taken over the banking sector.
He mentioned the names of notable banks like Guaranty Trust Bank (GTB), Union Bank, Access Bank, and Fidelity Bank. He concluded by advising parents to invest in female children as they do male children.
This claim was shared on other social media platforms like WhatsApp and X. The post garnered 104,000 views, 1000 likes, 300 retweets, and 41 bookmarks since it was shared on March 23, 2024, on X.
The virality of the post and the sensitivity of the post made DUBAWA verify the post.
Verification
DUBAWA ran a keyword search and saw a news report by This Day Newspaper, with the headline “As Nigerian Women Break Grounds in Banking.”
The report noted that 10 of the leading banks in the country are run by women as Access Bank recently named Bolaji Agbede as interim CEO of Access Corporation. Others are Yemisi Edun of First City Monument Bank, Miriam Olusanya of GT Bank, Halima Buba of SunTrust Bank, Ireti Samuel-Ogbu of Citibank Nigeria, Nneka Onyeali-Ikpe of Fidelity Bank, Tomi Somefun of Unity Bank, Kafilat Araoye of Lotus Bank, Bukola Smith of First Securities Discount House Limited(FSDH) Merchant Bank, Yetunde Oni of Union Bank.
We also saw another report by The Cable highlighting and discussing the women in notable banks. They discussed the profile of 11 female chief executives of Banks in the country.
We researched the 11 names mentioned and their respective banks to verify their position. Information found on the respective bank websites confirmed their position.
According to the different Bank websites, Miriam Olusanya Is the MD of GT Bank, Bolaji Agbede is the interim CEO of Access Bank, Halima Buba is the MD/CEO of SunTrust Bank, Yemisi Edun is the MD of FCMB, Ireti Samuel-Ogbu is the MD of Citibank Nigeria, Nneka Onyeali-Ikpe is the MD/CEO of Fidelity Bank, Tomi Somefun, is the MD/CEO of Unity Bank, Kafilat Araoye, is the MD of Lotus Bank, Bukola Smith is the MD of (FSDH) Merchant Bank, Yetunde Oni, is the MD/CEO of Union Bank and Adaora Umeoji, is the MD/CEO of Zenith Bank.
Conclusion
The Facebook post asserting that 11 women are leading the Banking sector is true. The various Bank websites confirm this. There are reports from reputable news platforms about women’s representation in the banking sector.