FirstBank CEO, Adesola Adeduntan named Leadership Banker of the Year

March 16, 2017 

FirstBank CEO, Adesola Adeduntan named Leadership Banker of the Year  


Dr. Adesola Adeduntan, the Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, has been named Banker of the Year in the Leadership Persons of the year award, 2016. The awards recognise and celebrate the significant performance of individuals, corporate, private and public organisations across sectors, with huge contribution to national development thereby stimulating development, setting standards and motivating excellent output despite the current economic recession.

Adeduntan was also lauded for the pioneering role the Bank is playing in promoting the growth of the African Financial Services Industry as a whole. The award will be officially presented at the 2016 Annual Leadership Conference and Awards Ceremony scheduled to hold on Friday, March 17, 2017 at the expansive dome of the International Conference Centre Abuja.

Leadership Group Limited, publishers of Leadership Newspaper also noted that its management was impressed with FirstBank’s growth to enviable heights under the leadership of Dr. Adeduntan adding that the award was in recognition of the excellent leadership style and the integrity attributes display with which he has led the Bank to become the Most Valuable Bank Brand in Nigeria for the sixth time in a row.

Responding, Adeduntan thanked the management of Leadership Group for the award, stating that the award would be a further inspiration for FirstBank to continue to partner with Nigerian businesses committed to the socio-economic development of the country. He also stated that FirstBank will remain committed to drive innovation and transformation in the industry and build a global brand that will positively impact on the financial services needs of all stakeholders. “We would keep up the momentum, resilience and flexibility to better meet growing customer expectations” he stated.

The 2016 Annual Leadership Conference and Awards with the theme, “The Rice Economy” will highlight the sustainable impact of the strategic partnership intervention of Lagos and Kebbi State with production of “Lake Rice” to salvage Nigeria’s agriculture value-chain.

About FirstBank

First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier and most valuable banking brand, and largest financial services institution by total assets and gross earnings. With more than 12 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimized risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row – 2011, 2012, 2013, 2014, 2015 and 2016 – by the globally renowned “The Banker Magazine” of the Financial Times Group; and “Most Innovative Bank in Africa” in the EMEA Finance African Banking Awards 2014. Recently, for the fifth consecutive time, the Bank clinched the “Best Retail Bank in Nigeria” award by The Asian Banker. Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

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