Following the resignation of the Managing Director / Chief Executive Officer of First Bank of Nigeria Limited (“FirstBank”), Dr. Adesola Adeduntan, the Board of Directors has appointed Olusegun Alebiosu acting CEO of the 130-year-old institution.
The appointment takes effect immediately, and is subject to the approval of the Central Bank of Nigeria.
Alebiosu who as ED / Chief Risk Officer jointly led the transformation of FirstBank over the past 8 years, as an integral member of the team under the previous CEO’s leadership is well placed to deliver on the bank’s strategic objectives. Alebiosu joined FirstBank in 2016, and has over three decades of banking experience.
The Board of Directors expressed its gratitude to Adeduntan for his exemplary leadership over the last nine years where he superintended the acknowledged transformation and growth of the Bank and wish him well in his future endeavors.
Signed
The Board
