Dr. Julius B. Omodayo-Owotuga (JB) was appointed Executive Director, Strategy and Corporate Transformation at First Bank of Nigeria Limited in May 2026. He is an accomplished finance, governance, enterprise management specialist and transformation executive with a strong track record of institutional restructuring, capital optimisation, and performance transformation across regulated and capital-intensive sectors. He brings to the Board over 24 years of experience spanning banking and financial services, infrastructure finance, power, oil & gas, and audit and consulting. Before this appointment, JB served as Deputy Chief Executive of Geregu Power Plc, Nigeria’s first listed power generation company, where he played a key role in the strategic transformation of the business following the partial privatisation of Nigeria’s power sector. During this period, the company transitioned from a legacy public-sector structure to a commercially driven, well-governed, and market-facing enterprise. He also played a pivotal role in strengthening corporate governance frameworks, driving enterprise transformation, improving operational efficiency, supporting major capital raising initiatives, and contributing significantly to the company’s landmark listing on the Nigerian Exchange. Prior to Geregu, he served as Group Executive Director, Finance & Risk Management of Forte Oil Plc (now Ardova Plc), where he was instrumental in balance sheet restructuring, capital optimisation, enterprise risk management, and the transformation of the company into a consistently profitable and governance-driven enterprise. He also led and supported several strategic financing, acquisition, divestment, and institutional restructuring initiatives during a critical phase of the company’s growth, materially improving financial performance, enhancing capital stability, and strengthening long-term shareholder value. His professional career also includes roles at Africa Finance Corporation, Standard Chartered Bank, KPMG Professional Services and MBC International Bank (Now First Bank of Nigeria Limited), providing him with deep experience in institutional finance, treasury management, financial controls, regulatory engagement, and corporate advisory. JB holds a B.Sc. in Accounting, a Master’s degree in Business Administration (with distinction), and a Doctorate in Business Administration. He is an alumnus of Oxford University’s Saïd Business School (UK), IE Business School, Madrid (Spain), Geneva Business School (Switzerland), and the University of Lagos (Nigeria).
JB is a CFA Charter Holder, a Chartered Management Accountant, and a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), the Chartered Institute of Taxation of Nigeria (CITN), and the Institute of Credit Administration. He is also a member of the Institute of Directors (IoD) Nigeria.
He is married to Adeferowaye and their union is blessed with three boys. He enjoys playing tennis, mentoring professionals, and watching football in his leisure time.
