Elias Igbinakenzua is the managing director and chief executive officer of Globus Bank. In this exclusive interview with BusinessDay’s Wasiu Alli and Chinwe Michael, the CEO explains how the lender was able to complete its capital raise in record time ahead of the first quarter 2026 deadline given by the Central Bank of Nigeria. Excerpts:
Globus Bank is relatively new in the industry. What would you say differentiates Globus from other commercial banks in Nigeria, and how are you navigating competition from Tier-1 banks and fintechs?
This is our 6th year of operation, so yes, we are relatively new in the industry. We came at the time of crisis if you recall – November 6, 2019, just before COVID emerged. I often say we were like a child born during the war, and that shaped our mindset to be problem solving and solution oriented.