GMD in a bank context refers to the Group Managing Director.
Based on the provided reference: Nnamdi Okonkwo is the Group Managing Director (GMD) of FBN Holdings Plc (the parent company of First Bank of Nigeria Limited and other subsidiaries). This illustrates that the GMD is the top executive of a financial holding company that oversees a group of banks and other financial subsidiaries. Essentially, they are responsible for the overall strategy and performance of the entire group.