Board of Directors

Meet our leaders; a group of passionate individuals who inspire our employees every day.

Ibukun A. Awosika

Chairman

Ibukun Awosika is the Chairman, Board of Directors, First Bank of Nigeria Limited, Nigeria’s premier and most valuable banking brand. She is also the founder and Chief Executive Officer of The Chair Centre Group. The companies within the group include: The Chair Centre Limited, Sokoa Chair Centre Limited, Furniture Manufacturers Mart, TCC Security Systems and Cubes and Boxes Limited. These companies are involved in manufacturing, retail and bank-way security systems services.

Ibukun chairs a number of corporate and not-for-profit boards amongst which are: House of Tara International and Afterschool Graduate Development Centre (AGDC), a facility which she promoted to help address youth employability and enterprise issues in Nigeria. She sits on the boards of Digital Jewel Limited, Cadbury Nigeria Plc., Convention on Business Integrity (CBI) and the Nigerian Sovereign Investment Authority. She was Chairman, FBN Life Assurance Limited, FBN Capital Limited and Kakawa Discount House Limited.

Ibukun is a graduate of Chemistry from University of Ife (now Obafemi Awolowo University), Nigeria; an alumna of the Chief Executive Programme of Lagos Business School; the Global Executive MBA of IESE Business School, Barcelona-Spain; and Global CEO Programme of Wharton, IESE and China European International Business School (CEIBS).

With high interest in social issues, including women, Ibukun is a co-founder and past chairperson of Women in Business, Management and Public Service (WIMBIZ). An ordained Pastor and founder of the Christian Missionary Fund, Ibukun, through this faith-based organization works with hundreds of missionaries spread across Nigeria to change lives with the provision of medical, educational, and other supplies.

As a fellow of the African Leadership Initiative, Aspen Global Leadership Network, Institute of Directors and Society for Corporate Governance Nigeria, Ibukun, through her projects aspires to use her opportunities in life to further the greatness of her dear country by raising entrepreneurs to create jobs for the large unemployed youthful population. She is a member of the Nigerian Economic Summit Group (NESG), served on National Job Creation Committee (NJCC), and sits on the International Advisory Board of IESE Business School, Barcelona-Spain.

Ibukun is a multiple award-winning entrepreneur and the first Nigerian recipient of the prestigious International Women Entrepreneurial Challenge (IWEC) Award as a nominee of the US Department of State in 2008. She loves to watch investigative and legal series in her leisure time. She is happily married to Abiodun Awosika and they are blessed with three wonderful sons.

Dr Adesola Kazeem Adeduntan (FCA)

Chief Executive Officer

Dr. Adesola (“Sola”) Kazeem Adeduntan (FCA) is the Managing Director/Chief Executive Officer of First Bank of Nigeria Limited.  Prior to this appointment, he was an Executive Director and the Bank’s Chief Financial Officer.

Before coming to FirstBank, Sola was a Director and the pioneer Chief Financial Officer/Business Manager of Africa Finance Corporation. He has served as a Senior Vice-President & Chief Financial Officer at Citibank Nigeria Limited, a Senior Manager in the Financial Services Group of KPMG Professional Services and a Manager at Arthur Andersen Nigeria. Sola also had a brief stint at the defunct Afribank Nigeria Plc (now Mainstreet Bank) as a graduate trainee where he worked mainly in banking operations.
Over the course of his sterling career, he has garnered diverse expertise in Treasury and Financial Management, Risk Management, Accounting and Internal Controls, Corporate Governance, Corporate Strategy Development and Implementation, Corporate Finance, Business Performance Management, Financial Advisory, Investors, Regulators and Rating Agencies Relationship Management, Deployment and Management of Information Technology, and Compliance.

Sola attended the University of Ibadan, where he obtained a Doctor of Veterinary Medicine (DVM) degree. He also holds a Master’s Degree in Business Administration (MBA) from Cranfield University Business School, United Kingdom which he attended as a distinguished “British Chevening Scholar.” In addition to his MBA, he has attended executive/leadership programmes at Harvard, Cambridge, Oxford and INSEAD.

Sola is a member of Sigma Educational Foundation, which is focused on enhancing the quality of tertiary education system in Nigeria and a member of the prestigious Metropolitan Club. He is happily married with children.

Francis Gbenga Shobo

Deputy Managing Director

Gbenga Shobo is the Deputy Managing Director of First Bank of Nigeria Limited. He joined the Board of the Bank in 2012. Prior to his appointment as Deputy Managing Director, he was the Executive Director overseeing the Retail Banking/Public Sector businesses in the Lagos & West Directorate and was hitherto the Executive Director overseeing the Retail Business in the South Directorate.

Gbenga began his professional career with Coopers & Lybrand Chartered Accountants as an External Auditor and Tax Consultant. Over the course of his outstanding career, he became the Divisional Head, Corporate Banking Division of MBC International Bank Limited and subsequently, the General Manager, Corporate/Commercial Banking of FBN (Merchant Bankers) Limited before joining the Bank. At FirstBank, he has served in senior management roles at various times as the General Manager Products & Channels Group; Business Development Manager in charge of Rivers & Bayelsa States; and also held the position of Group Head, National Corporates.

 

Gbenga has over 30 years’ work experience from reputable organizations out of which he has garnered more than 26 years in the Banking Industry in Credit & Relationship Management; Products Development & Improvement; Treasury; Product Sales and Banking Operations, amongst others.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an alumnus of Kellogg School of Management and Harvard Business School. Gbenga also holds a B.Sc. Degree in Political Science from the University of Ife. In addition, he has taken various courses and attended various programmes in top-rated business schools including The Wharton School (University of Pennsylvania) and Stanford University.

Gbenga is the first person to be appointed to the position of Deputy Managing Director of FirstBank in the Bank’s over 120 years history, a testament to his total commitment and professionalism. He is happily married with children and loves reading, playing golf and lawn tennis.

Abdullahi Ibrahim

Executive Director, Public Sector

Abdullahi Ibrahim was appointed Executive Director, Public Sector in 2018. Prior to this appointment, he was Executive Director, Retail Banking, North. He was previously Group Executive, Retail Banking North from 2016 to 2017 and from 2012 to 2015 respectively. He had also served as Group Executive, Technology and Services between 2015 and 2016, overseeing the Bank’s Information Technology and Services Functions. Abdullahi was the pioneer Group Head, Manufacturing Group in the Institutional Banking Group.

He had served as Business Development Manager in the Bank with responsibilities across Consumer, Retail, Commercial and Wholesale banking segments, as well as the Group Head, Multinationals in the erstwhile Corporate Banking Directorate. Abdullahi’s banking experience spans over 26 years and cuts across investment, wholesale and commercial banking as well as banking operations. His proven ingenuity in these areas is brought to bear on the Bank’s Public Sector business. Prior to joining FirstBank, he was Area Manager and subsequently Group Head, Telecommunications, Information Technology and Transport Group in Corporate Banking at the then NAL Merchant Bank. He also worked at United Bank for Africa where he left in 2001 as a Senior Manager in Corporate and Consumer Banking.

Abdullahi is an Honorary Senior Member, Chartered Institute of Bankers of Nigeria (HCIB) and an Alumnus of Lagos Business School (Advanced Management Programme). He is also a member of the Institute of Directors (IoD). He is married with children and loves reading, photography and horse riding.

Dr Remi O. Oni

Executive Director/Corporate Banking

Dr. Remi Oni is the Executive Director, Corporate Banking. Until his appointment on April 15, 2016, he was Executive Director, Corporate & Institutional Banking, Nigeria and West Africa at Standard Chartered Bank. He also had concurrent primary responsibilities for the International Corporates Client Segment business for Standard Chartered Bank in West Africa.

Prior to his appointment as Executive Director in Nigeria and West Africa, ‘Remi held a variety of senior management roles including Executive Director/Head of Origination & Client Coverage at Standard Chartered Bank in Uganda and concurrently Regional Head, Network Clients business for SCB in Africa and Head of Local Corporates in SCB Nigeria. A seasoned banker with over 24 years’ experience in Corporate Banking, Corporate Finance, Commercial Banking and Retail Banking, Remi brings to bear on the Board of FirstBank practical skills set in the areas of deals origination and structuring, relationship management, business management and strategy.

He holds an MBA in Finance from the University of Ilorin, a Doctor of Veterinary Medicine (DVM), as well as Master of Science in Public Health and Preventive Medicine from Ahmadu Bello University, Zaria. He is an honorary member of the Chartered Institute of Bankers of Nigeria (CIBN), a member of the Equipment Leasing Association of Nigeria (ELAN) and the Nigerian Veterinary Medical Association (NVMA). ‘Remi has also attended trainings in many renowned international institutions, including the prestigious Oxford University and INSEAD, Singapore campus. He is happily married and widely travelled.

Lateef Akande Bakare

Independent Non-Executive Director

Lateef Bakare (LAB) joined the Board of FirstBank in February 2017. He brings to the Board 41years’ post-qualification professional work experience from both private and public sectors. He is a fellow of the Chartered Association of Certified Accountants (ACCA), Institute of Chartered Accountants of Nigeria (ICAN), Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) and an Associate of the Chartered Institute of Taxation of Nigeria.

LAB is Senior Partner, Lateef Bakare & Co. He has experience in Audit and Accountancy, Business Advisory Services, Financial and Management Services, Public Prospectus Issues, Privatisation and Commercialisation Advisory Services, Amalgamations, Mergers and Acquisition Consultancy, Scheme of Reconstruction and Deed of Arrangement, and Corporate Secretarial Consultancy. He has served on the Board of several companies, attended numerous professional and personal development courses nationwide and globally and has presented papers on topical, educational and personal development issues at seminars.

LAB has been actively involved in several social and community development activities. He has won several awards and received recognitions for outstanding performance. He is happily married with children.

Olusola A. Oworu

Independent Non-Executive Director

Olusola Oworu joined the Board of FirstBank in 2016. She was the Honourable Commissioner for Commerce & Industry in Lagos State from 2011 to 2015 and before then Special Adviser to the then Governor of Lagos State, Babatunde Raji Fashola, SAN, on Commerce & Industry from 2007 to 2011.  Olusola spearheaded the development of a number of greenfield projects, initiated schemes to improve the investment climate and led the drive to attract new investments to Lagos State.

An Accounting graduate, fellow of the Institute of Chartered Accountants of Nigeria and Associate, Women in Management, Business & Public Service, she had an enviable career in consulting and banking spanning over 20 years. She started her career at Coopers and Lybrand (now PricewaterhouseCoopers) in 1982 and subsequently, in 1986, joined NAL Merchant Bank (now Sterling Bank Plc.) and later Citibank Nigeria, where she rose through the ranks to the level of Vice President, with a strong bias for credit risk management and marketing.

She brings her banking and financial services as well as public sector experience to impact her Board contributions. She is happily married and enjoys reading and travelling.

Dr (Mrs.) Ijeoma E. Jidenma

Independent Non-Executive Director

Dr Ije Jidenma is an accomplished Management Consultant and Professional. Her areas of specialisation within her over thirty years’ post-graduation career span across Human Resources Management, Organisational Development Psychometrics, Learning and Development, Corporate Governance and Leadership. She has also been involved in multidisciplinary transformation and change management initiatives. She has made tremendous positive impact consulting widely for local and international organisations within and outside Nigeria, across diverse economic sectors. These cut across private and public sectors, international NGOs and multilateral organisations. She is the Chairman of the Board Governance Committee of First Bank of Nigeria Limited. Dr Jidenma is also a Director and the First Vice President of the Institute of Directors, the Chairman of its Finance & General Purpose Committee and a member of the Nomination & Governance Committee. She also serves as a Director of the Nigeria South Africa Chamber of Commerce and is a member of the Governing Council of the Nigerian British Chamber of Commerce. Dr Jidenma had successfully served as a Director on the Board of First Pension Custodian from 2011 to 2014.

Dr Jidenma’s executive management involvement is contemporary. She is the Chief Executive Officer of Leading Edge Consulting, a leading Human Resources and Organisational Development firm which she founded about twenty years ago. She also serves as the Managing Partner of IRC Nigeria, a member firm of the IRC global Executive Search Partnership ranked as the fastest growing and largest executive search alliance with footprints in 86 cities across six continents. In furtherance of these roles, as well as her non-executive roles, over time she has attended several Executive Development Programmes and Board Level programmes across the world’s centres of excellence such as the Lagos Business School, I.E.S.E. Business School, Harvard Business School, Cranfield School of Management, Kellogg School of Management, amongst others. Her areas of focus had included Corporate Governance, Risk Management, Leadership, Finance for the Board Room, Board Evaluation as well as Corporate Social Responsibility and Sustainability.

Earlier on in her career, Dr Jidenma had worked in other private and public organisations such as the Industrial Training Fund, Price Waterhouse (now PwC) and Merchant Bank of Africa where she rose through the ranks and also at the Executive Management level thereby gaining considerable experience in terms of breadth and depth. She served as the Head of Human Resources (including local and offshore training) as well as the Head of Strategic Planning of the Bank. She was appointed Senior Lecturer at the ESUT Business School and taught Organisational Behaviour and Strategic Human Resources Management to MBA students on a part-time basis.

Dr Jidenma holds a PhD in Psychology with specialisation in Psychometrics from the University of Lagos. She is an IFC Certified Board Assessor. She is a Fellow of the Institute of Directors, Nigerian Institute of Management, Chartered Institute of Personnel Management and Institute of Management Consultants, Nigeria.

Dr Jidenma has won several awards such as the Deloitte International Women Award (2013); the Centre for Values in Leadership Role Model Award (2013); the Most Respected HR Personality in Africa Award (2015) and the Global Female Leadership Impact Award (2018). She is an Honorary Senior Member (HCIB) of the Chartered Institute of Bankers of Nigeria (CIBN).

Dr Jidenma deploys her spare time to philanthropic work. A past President of Soroptimist International of Surulere and a Paul Harris Fellow of Rotary International, she is the Founder and Executive Secretary of Goddy Jidenma Foundation, noted for thought leadership in Africa. She was married to Arc Goddy Jidenma (of blessed memory) and is blessed with two children.

Urum Kalu (“UK”) Eke, MFR

Non-Executive Director

UK Eke, MFR assumed office as Group Managing Director (GMD), FBN Holdings Plc on January 1, 2016. He joined the Board of FirstBank, an FBN Holdings Company, in 2011 as Executive Director, Public Sector South and later became Executive Director, South before his appointment as GMD of FBN Holdings. His sound managerial and motivational skills, coupled with his vast experience, helped develop FirstBank’s businesses within the Public Sector, Retail and Private Banking Groups.

He currently sits on the boards of First Bank of Nigeria Limited and FBNQuest Merchant Bank Limited as a Non-Executive Director.

In 2017, he was appointed to the board of Nigeria Sovereign Investment Authority (Sovereign Wealth Fund).

He was Executive Director, Regional Business, Lagos & West, Diamond Bank Plc. His other work experience includes Deloitte Haskins & Sells International where he rose to the position of Audit Senior. He has 35 years experience in financial services, strategy, auditing, consulting, taxation, process re-engineering and capital market operations.

UK, a Fellow of the Institute of Management Consultants, Fellow of the Institute of Directors, and Fellow of the Institute of Chartered Accountants of Nigeria, holds a first degree in Political Science (University of Lagos) and an MBA in Project Management Technology (Federal University of Technology, Owerri).

He has attended several Executive Management and Board training programs at Harvard Business School, Stanford Business School, IESE Barcelona, China European International Business School Shanghai, China, International Institute for Management and Development Lausanne, Switzerland, Wharton Business School and Lagos Business School.

A philanthropist and mentor to many, he is the Founder and Chairman, Elder K.U. Eke Memorial Foundation. He is a Patron, Lagos State Council, Boys’ Brigade Nigeria and a Paul Harris Fellow of The Rotary Club International.

He is the Chairman Advisory Board, Lifeforte International High School, Ibadan.

UK is a recipient of Nigeria’s National Honour of Member of the Order of the Federal Republic (MFR).

Alhaji Lawal Kankia Ibrahim

Non-Executive Director

Lawal Ibrahim is an astute development banker, a strategic transformation manager and his working career spans the Nigerian Bank for Commerce and Industry and New Nigeria Development Bank Limited, Kaduna, where he rose through the ranks to become the Acting Group Managing Director. Ibrahim was a Director in over 15 companies spread across Nigeria and in different sectors of the economy and he brings this immense experience to bear on the Bank’s business.

He has professional certificates in Investment Banking, Managing and Measuring Organisational Culture, and Leading with Impact from the African Development Bank, Witwatersrand University, South Africa and Harvard Business School respectively. Ibrahim served as a member of Vision 20:20 Technical Working Group SMEs Thematic Area and is presently on the Board of Borini Prono Nigeria Limited. He is a strong advocate of family values and loves reading, writing and philanthropy.  He is author of the book “The Investment Decision”, holds the traditional title of Dallatun Kankiya and is happily married with five children.

Obafemi Adedamola Otudeko

Non-Executive Director

Obafemi Adedamola Otudeko was appointed to the Board of the Bank in 2011. He brings to the Board varied experience spanning consulting and various sectors of the economy.

He is the Managing Director of Honeywell Group Limited (HGL), an investment holding company operating across various sectors in the Nigerian economy. He is responsible for providing strategic direction and oversight to the Group’s portfolio companies and investments. 

He joined the Honeywell Group in 2003 as Senior Manager, Projects (Oil and Gas). In his over seventeen-year career at the Group, he has led several key initiatives including chairing the IPO committee responsible for the successful capital market listing and capital raising for the Group’s flour milling investment. He also coordinated the Group’s efforts in the completion, capital raising, and opening of the five-star Radisson Blu Hotel in Lagos. In addition to his responsibilities at HGL, he is a non-executive director of First Bank of Nigeria Ltd, Honeywell Flour Mills Plc, and Anchorage Leisures Ltd. He previously served as a non-executive director of Airtel Nigeria.

Obafemi began his professional training at PricewaterhouseCoopers, where he led and managed assignments providing assurance, risk management, internal audit, and business advisory services for clients across various sectors, before specialising in financial services. 

He obtained his BA (Hons) in Accountancy Studies from the University of Huddersfield, UK and is a qualified chartered accountant and a Fellow of the Institute of Chartered Accountants of Nigeria (FCA). Obafemi has attended several executive education learning programmes on corporate leadership, general management, and corporate finance. He is an alumnus of the London Business School and INSEAD Business School.

A member of the UK Energy Institute, Obafemi was the second Vice President of the Nigerian Gas Association between 2011 and 2015. 

Married with two children, he is a keen horse rider and polo player, as well as an avid literature and football fan.

Alhaji Ado Yakubu Wanka

Non-Executive Director

Alhaji Ado Yakubu Wanka joined the FirstBank Board as a Non-Executive Director in December 2019. He holds a Bachelor of Science degree in Chemical Engineering and an MBA from Ahmadu Bello University, Zaria. He began his managerial career as a Process Engineer with Ashaka Cement Company Plc where he rose to the position of Deputy Production Manager. After his MBA, Alhaji Wanka joined the Northern Nigeria Development Company (NNDC), Kaduna where he acquired further managerial competence. He also served as Acting Head, New Business Development Unit and later Head, Strategic Planning Unit at the Nigerian National Petroleum Corporation (NNPC).

Alhaji Wanka began his banking career in 1988 with the then Nigerian International Bank (Citibank Nigeria) as a Deputy Manager. He moved to the FSB International Bank Plc (1991 – 1997) where he rose to become an Executive Director. He assumed duty as the MD/CEO of the then Gamji Bank Limited in 1997, moved to FirstBank in 1998 as an Executive Director, where he spent about eight (8) years. With experience in Corporate and Investment Banking, he served in various capacities in other organisations, most notably as Executive Director, Finance and Administration and Chairman of the Board of Nigeria and Sao Tome Joint Development Authority. Currently, the Chairman of APT Securities and Funds, APT Pension Fund Manager and Director, Arewa Metal Containers (ARMECO) Ltd, Alhaji Wanka is a fellow of Chartered Institute of Bankers of Nigeria (CIBN), Nigerian Institute of Management (Chartered) (NIM), Nigerian Society of Chemical Engineers (NSCHE), Institute of Chartered Management Accountants (ICMA), and Institute of Credit Administration (ICA).

He is an alumnus of the Harvard Business School, Switzerland’s Institute of Management Development, Lausanne, an Honorary Fellow of the Nigerian Chemical Society and a member of the Institute of Directors (IoD). He is happily married with children.

Oluwande Muoyo

Non-Executive Director

Oluwande Muoyo was appointed to the Board of First Bank of Nigeria Limited in 2020. She brings to the Board well over three decades of post-professional qualification experience in the private and public sectors, with key strengths in policy formulation, relationship management and business development. She is a Chartered Accountant and Banker and a former Honourable Commissioner for Budget and Planning in Ogun State.

Prior to being appointed an Honourable Commissioner, Oluwande worked with Stanbic IBTC Bank for over 22 years in various parts of the bank, including Financial Control, Treasury and Financial Services, Trade Finance and Corporate Banking. She holds a BSc degree in Accounting from the University of Lagos. She started her professional career with the international firm Price Waterhouse (now PricewaterhouseCoopers). A Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria, Oluwande has, over the years, acquired competencies and skills in public financial management, banking, budgeting, planning, auditing and taxation.

Her past Directorships include the Governing Board of the International Crop Research Institute for the Semi-Arid Tropics and FBN Holdings Plc. Oluwande has attended many training programmes including Strategic Marketing Management at Harvard Business School, Advanced Strategy at INSEAD and Advanced Management Programme at the Lagos Business School. Oluwande is married with children and enjoys reading and swimming.