• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Former Zenith Bank Investment Guru, Michael Anyimah, moves to rival First Bank

Onome Ohwovoriole by Onome Ohwovoriole
April 8, 2019
in Business News, Company News, Spotlight
FirstBank and Azuri partner to bring solar to millions and deepen financial inclusion in Nigeria

First Bank Plc building

Share on FacebookShare on TwitterShare on Linkedin

Michael Anyimah, who headed tier-1 lender Zenith Bank Plc’s trading desk, has moved to another tier-1 operator.  

According to a notice sighted by Nairametrics (which is still subject to regulatory approval by the Central Bank of Nigeria), Anyimah is joining First Bank of Nigeria Limited as a Treasurer.

Profile  

Michael Anyimah is a 1997 graduate of Actuarial Science from the University of Lagos. He also obtained an MBA from the same institution in 2003. 

RelatedStories

The 10 most profitable listed companies in Nigeria – 2024  

The 10 most profitable listed companies in Nigeria – 2024  

July 5, 2025
Zenith Bank

Zenith Bank emerges Nigeria’s Number one bank by Tier-1 Capital for the sixteenth consecutive year in the 2025 Top 1000 World Banks’ ranking

July 4, 2025

In addition, he is a CFA charter holder, as well as CFA Lead Instructor on Derivatives and Fixed Income subjects.  

Michael-Anyimah

Stints at other banks  

From July 2005 to March 2008, he was an FX trader with Citigroup Nigeria. While there, he was responsible for developing foreign exchange risk hedges for clients. In addition, he managed the bank’s foreign currency balance sheet. 

Mr. Anyimah joined Zenith Bank Plc in March 2008, as the Head of Foreign Exchange trading and Derivatives Sales and Trading. 

His record at Zenith Bank Plc

Mr. Anyimah first caught Nairametrics‘ attention when Zenith Bank Plc reported N68 billion as income from derivatives in the 2017 financial year. 

The bank also recorded N80 billion as net trading income from treasury bills in the 2018 financial year.  

Why is he leaving the bank? 

Despite sending an email announcing his exit from Zenith Bank Plc a few months, Mr. Anyimah gave no specific reasons as to why he decided to leave. However, sources familiar with the situation are suggesting his departure may have something to do with derivative trades carried out in his own personal capacity.

Big gain for First Bank of Nigeria Limited

First Bank of Nigeria Limited typically has not made large gains in either derivatives or treasury bills trading. According to results for the third quarter period ended September 2018, net gains on investment securities amounted to just N4.9 billion.

Trading gains on debt securities amounted to just N3 billion. His arrival at First Bank of Nigeria Limited could result in an uptick in trading income.


Follow us for Breaking News and Market Intelligence.
Tags: First Bank of Nigeria LimitedMichael AnyimahZenith Bank Plc
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

The 10 most profitable listed companies in Nigeria – 2024  
Exclusives

The 10 most profitable listed companies in Nigeria – 2024  

July 5, 2025
Zenith Bank
Companies

Zenith Bank emerges Nigeria’s Number one bank by Tier-1 Capital for the sixteenth consecutive year in the 2025 Top 1000 World Banks’ ranking

July 4, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

Zenith Bank leads trading value as All-Share Index drops 0.64%; JAPAULGOLD tops volume chart 

June 28, 2025
Zenith Bank
Companies

Zenith Bank to exit CBN’s regulatory forbearance by 30th June, assures shareholders of continued dividend payout

June 19, 2025
Zenith Bank
Financial Services

Zenith Bank says dividend freeze temporary as it races to exit CBN forbearance list 

June 18, 2025
Zenith Bank
Companies

Zenith Bank wins Best Bank In Nigeria in the Global Finance Best Banks Awards 2025

June 5, 2025
Next Post
Bank directors urge banks, others to share information on cybersecurity

Bank directors urge banks, others to share information on cybersecurity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Nigeria’s top 10 stockbrokers by value of transactions in second quarter 2025 
  • Champion Breweries shares up 246.46% — How other beer companies are performing in 2025 
  • Rwanda reaffirms commitment to strengthening trade, aviation, and ICT ties with Nigeria 

Follow us on social media:

Recent News

Nigeria’s top 10 stockbrokers by value of transactions in second quarter 2025 

July 5, 2025
Champion Breweries Plc

Champion Breweries shares up 246.46% — How other beer companies are performing in 2025 

July 5, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics