First Bank of Nigeria Plc
Ini Ebong is the Group Executive, Treasury and Financial Institutions, First Bank of Nigeria Limited. Prior to this appointment in January 2016, he was the Bank’s treasurer, a position he occupied since 2011. Before joining FirstBank he was the Head of African Fixed Income and Local Markets Trading, Renaissance Securities Nigeria Limited, the Nigerian registered subsidiary of Renaissance Capital.
Ini worked in Citigroup for 14 years, having joined the Treasury Group – Sales and Trading and rotated through a wide variety of trading roles across most Treasury products, Asset and Liability management, Treasury sales and marketing, Treasury risk management, until he became Country Treasurer and Sales and Trading Business Head, in June 2003. In his career in financial services, Ini specialized in the Sales and Trading function and has extensive work experience that covers not just trading, but also Treasury and Balance Sheet Management. He has a passion for market development and has worked actively to drive change and internationalization of the Nigerian financial markets: foreign exchange, fixed income and securities.
Ini has worked closely with regulatory bodies such as the CBN and DMO in assisting with the development of fresh monetary and foreign exchange policies, to broaden and deepen markets and open them up to international practices. At various times he has facilitated and delivered courses and seminars on a wide variety of subjects covering Money Markets, Securities and Foreign exchange trading and market risk management subjects to regulators, corporate customers, banks and market participants. Ini holds both Bachelor and Master of Science degrees in Architecture from University of Ife.
At various times, he served as a resource person for the Money Market Association of Nigeria (MMAN) now Financial Markets Dealers Association and also on the Market Development, Process, Documentation and Foreign Exchange Committees. He was the Vice President of the Association from 2006 to 2008 and currently serves as a member of the Governing Council of the Association.
Mr. Ebong has a passion for market development and has worked actively to drive change and internationalization of the Nigerian financial markets: Foreign Exchange, Fixed Income and Securities. In addition he played an extensive role in the development of the Bond market in Nigeria, acting as a resource person in various fora, working with World Bank/IFC Technical Teams, CBN and DMO on Bond Market Developments.