IK MBAGWUFounder & CEO
areas of expertise
- Areas of Expertise
- Business Performance, Restructuring and Transformation
- Board Leadership and Corporate Governance
- Human Resources
- Banking
- Finance & Investment
- Strategy
education
- BA, MA, ACA, FCA, HCIB
- Chartered Accountant
- Several Executive Management Programs at Ivy
- league Institutions
- Lagos Business School
- Harvard University, Boston
- Kellogg School of Management
- Oxford University
With over 30 years of career & exposure; IK has acquired a deep wealth of knowledge, skills, certifications, and experience in Business Performance, Restructuring and Transformation, Board Leadership and Corporate Governance, Human Resources, Banking, Finance & Investment, Business Strategy, Risk Management, and still counting.
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1984
Tax Senior
In 1984 he started his working life as a Tax Senior in the worldwide firm of Arthur Andersen & Co. from where in a few years moved to
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1989
Senior Manager Corporate Finance
In Nigeria-American Merchant Bank Limited (then Bank of Boston). This was where his strong desire to succeed as a business transformer took him to the position of a senior manager in less than 4 years.
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1993
General Manager
He joined Fidelity Union Merchant Limited (now Fidelity Bank Plc.) in 1993, rising to the rank of General Manager in 1999 having supervised Treasury and Investment Banking, Corporate and Commercial Banking and short periods covering Risk Management and Human Resources.
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2001
Executive Director Operations and Technology
He moved on to Citizens International Bank Limited as Executive Director of Operations and Technology in 2001 before returning to Fidelity Bank Plc.
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2006
Executive Director
Here in Fidelity Bank Plc. as Executive Director in 2006, he was variously responsible for Shared Services (Operations and information technology, human resources, and Corporate services) and subsequently from 2012, Treasury Management and commercial banking in Lagos and southwest directorate. After two decades in all core functions in banking, he retired from Fidelity Bank in December 2015.
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2016
Founder & CEO
In early 2016 he founded Cumbrian Consult. Before founding Cumbrian Consult, Ik has held a number of Board positions, audit committee chairperson, and a member of the Nominations Committee.
He currently serves on the Board of a few private institutions mainly as an independent Non-executive Director, and is an Associate and Fellow of the Institute of Chartered Accountants of Nigeria where he has served twice including the current year as a member of the Strategy, Advocacy and Performance Tracking committee and a Board member of the Institute’s Financial Reporting Faculty. He is also an Associate of the Chartered Institute of Taxation, an Honorary Senior member of the Chartered Institute of Bankers Nigeria, member of the Equipment Leasing Association of Nigeria and a member of the Institute of Directors. He is also a certified (IFC/FITC) Board Leadership and Corporate Governance trainer and attended an IFC training for nominee directors (Paris April 2015).
More recently, Ik has been nominated by the IOD (Institute of Directors) and provisionally certified in July 2019 as a trainer for Anti-Corruption and Compliance programs/Workshops under the Center for International Private Enterprise (an affiliate of the American Chamber of Commerce).