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African Millionaire Cecilia Ibru



Dr. (Mrs.) Cecilia Ibru is the Chief Executive Officer of Oceanic Bank. According to Encomium magazine, Cecilia Ibru has a net worth of $1.2 billion.


Cecilia Ibru holds a Bachelor of Science (B.Sc.) Degree in Sociology from North East London University and a Masters of Philosophy from the London school of Oriental and African Studies.

She commenced her career at the IBRU Organisation in 1978 where she held various positions. In 1990, she joined Oceanic Bank as General Manager (Administration and Personnel), later becoming Executive Director (Finance and Administration). Cecilia Ibru became Oceanic Bank’s Managing Director & Chief Executive Officer in 1997.

Cecilia Ibru is Chairperson, Sub-committee of the Bankers’ Committee on Small and Medium Investment Equity Scheme (SMIEIS); Member, Presidential Consultative Committee on SMIEIS; and Member, World Economic Forum.

Cecilia Ibru is a Fellow of the Chartered Institute of Bankers of Nigeria and a Fellow of the Nigeria Institute of Management.

In recognition of her numerous contributions to the development of Banking in Nigeria, the Federal Government of Nigeria honoured her with the award of Officer of the Order of the Federal Republic (OFR).