Salary structure of FSDH Merchant Bank
FSDH Merchant Bank is a leading financial institution in Nigeria, offering a wide range of banking and financial services.
In this article, we will delve into the salary structure of FSDH Merchant Bank, shedding light on the compensation packages based on roles and responsibilities.
Furthermore, we will explore how the bank operates, providing valuable information for those interested in pursuing a career at the bank.
Salary Structure at FSDH Merchant Bank
FSDH Merchant Bank offers competitive compensation packages to attract and retain top talent. The salary structure at the bank is designed to reward employees based on their roles, responsibilities, experience, and performance. While specific figures may vary, we can outline the general salary bands for various positions within the bank:
• Entry-Level Positions: These include roles such as Graduate Trainees, Analysts, and Associates. Salaries in this category typically range from N2,000,000 to N4,000,000 per annum, depending on the qualifications and experience of the individual.
• Mid-Level Positions: This category encompasses roles like Managers, Senior Analysts, and Assistant Vice Presidents. Salaries for mid-level positions typically range from N5,000,000 to N10,000,000 per annum.
• Senior-Level Positions: At the senior level, FSDH Merchant Bank offers positions like Vice Presidents, Directors, and Senior Directors. Salaries for these positions generally range from N12,000,000 to N30,000,000 per annum.
FAQs
Who is the CEO of FSDH Merchant Bank?
Mr. Femi Agbaje. Mr Agbaje is a History/Political science graduate of the University of Ife, Ile-Ife and a fellow of the Institute of Chartered Accountants of Nigeria. He is also a fellow of the Chartered Association of Certified Accountants in the United Kingdom.
What is the full meaning of FSDH?
First Securities Discount House Limited, the precursor to FSDH Merchant Bank Limited, was incorporated in June 1992 as the first discount house to operate in Nigeria. FSDH Merchant Bank was one of the first companies given a merchant banking license in the country.
When did FSDH become a merchant bank?
In November 2012, the CBN granted our application and issued to us our Merchant Banking License.
What is the credit rating of FSDH Merchant Bank?
FSDH’s assigned FCY rating is reflective of the risk rating of the Federal Republic of Nigeria with a sovereign rating of ‘B’ assigned by Agusto & Co.
