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AIICO PENSION

Mr. ERNEST C. EBI MFR, FCIB

Chairman

Mr. Ernest C. Ebi attended Howard University, Washington D.C U.S.A. where he graduated with a BBA in Marketing in 1978 and an MBA in 1979.  Mr. Ebi started his Banking career in 1978 at the Community Federal Savings and Loan Association, Washington D.C U.S.A where he held the position of Assistant Vice President / Controller.

In November 1981, he returned to Nigeria and joined the International Merchant Bank (IMB) Plc, served in various capacities including heading the Treasury Department and becoming the Chief Credit Officer of the bank from June 1989 to January 1992.  From January 1992 to June 1993, he was the Head of Audit and Risk Management Department.

In a very distinguished career within the financial services industry, Mr. Ebi went on to serve in leadership positions in notable banking sector organizations like

.         African Continental Bank Plc –  Executive Director, Corporate Banking (Sept 1993  –  March 1995) 

.         New Nigerian Bank Plc – Managing Director / CEO  (March 1995 – January 1998) 

.         Diamond Bank Plc – Deputy Managing  Director (January 1998 – June 1999)

In June 1999,  Mr. Ebi was appointed Deputy Governor, Central Bank of Nigeria where his tenure crossed two key portfolios of the Apex bank over a 10 year period; namely-

 Central Bank of Nigeria  – Deputy Governor, Policy (June 1999 –  August 2004)

 Central Bank of Nigeria  – Deputy Governor, Corporate Services (August 2004 – June 2009)

During this period, Mr. Ebi maintained oversight functions over Nigeria s External reserves, International Economic Relations, Trade & Exchange and Research Departments among other responsibilities.  He was a key member of the banking sector reform team especially the consolidation of Banks in 2006 and was Chairman of the implementation Committee of the Legendry Project EAGLES that transformed Central Bank of Nigeria to a leading Global Reserve Bank. 

Mr. Ebi has excellent leadership skills and has successfully led high profile turn around initiatives for challenged organizations.

It is in recognition of his sound professional background and track record of meritorious service that the Federal Government of Nigeria in 2007 awarded him the National Honours of Member of the Federal Republic (MFR).  In the same year, the Chartered Institute of Bankers also awarded him a Fellow of the Institute (FCIB).

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