Experience

ROE Limited

• Nigeria
• IT Services and IT Consulting
• 1 - 100 Employee

• Technology Project Director

  • Jan 2016 - Present



Unity Bank Plc

• Nigeria
• Banking
• 700 & Above Employee

• Managing Director

  • Jan 2014 - Aug 2015

  While at Unity Bank, I grew the bank’s gross earnings from N62 billion in 2013 to N77 billion in 2014, profit before tax grew from negative of N33.6 billion in 2013 to positive of N13.6 billion in 2014 while profit after tax grew from negative of N22.5 billion in 2013 to positive of N10.6 billion in 2014. The cost to income ratio improved from 28.4 per cent in 2013 to 69.6 per cent in 2014, return on asset improved from negative 5.7 per cent in 2013 to positive 2.6% in 2014, return on equity improved from negative 56.7 per cent in 2013 to positive 20.5 per cent in 2014, capital adequacy ratio improved from negative 13.8 per cent in 2013 to positive 2.02 per cent in 2014, liquidity ratio improved from 34.5 per cent in 2013 to 44.8 per cent in 2014 and most importantly, the Unity Bank attained the enviable international ‘A3’ global rating by GCR. I established a robust electronic business in the bank that gave rise to electronic channels transactions. For instance, Point of Sales (POS) transactions grew from 17.5 million transactions in 2013 to 75.3 million transactions in 2014 and ATM transaction grew from 3.3 million transactions in 2013 to 5.7 million transactions in 2014. Still during my tenure as the MD, non-performing loans (NPL) improved from 25.5 per cent in 2013 to 17.6 per cent in 2014 and the bank also recorded a historical achievement in debt recovery drive by recovering in excess of N10 billion bad debts in 2014 financial year. Working with other experts in the Bank, my leadership won several awards, which included European Business Assembly Best Africa Regional Bank Award, Oxford University, England, for year 2014; top 100 businesses in Nigeria Award by Federal Government of Nigeria; Business Day Newspapers Top Chief Executive Officer Award; Banker of the Year 2014 Award in Nigeria by Leadership Newspaper and Semenitari himself was admitted into the famous Bill Clinton Global Initiative (CGI) in Times Square, New York, USA. Show less



First City Monument Bank Limited

• Banking
• 700 & Above Employee

• Executive Director - Retail and Enterprise Banking

  • Nov 2005 - Dec 2010



Afribank Nigeria Plc

• Banking
• 300 - 400 Employee

• General Manager - Consumer and Retail Banking

  • May 2003 - Oct 2005



Continental Trust Bank Limited

• Lagos, Nigeria

• Executive Director - Bankwide Sales

  • Apr 2002 - Apr 2003



ACB International Bank Plc

• Lagos, Nigeria

• Managing Director (Acting)

  • 2001 - 2002



UBA Group

• Nigeria
• Banking
• 700 & Above Employee

• Group Head, Commercial Banking Sector - Lagos

  • 1996 - 2001



Diamond Bank Plc

• Nigeria
• Financial Services
• 700 & Above Employee

• Manager, Oil and Gas - Energy Group (Upstream and Downstream Companies)

  • 1992 - 1996



Zenith Bank Plc

• Nigeria
• Banking
• 700 & Above Employee

• Head, Credit and Marketing

  • 1991 - 1992



All States Trust Bank Limited

• • 1990 - 1991

• • 1988 - 1990

  I was involved in various roles in Operations, growing from being a graduate trainee in Cash and Teller, Head of Teller. I was then moved to head the Funds Transfer Unit before becoming the Cash Officer of my branch. Having gathered experience in operations and with my commitment towards automation in the branch, I was made the Head of Operations for the branch.