The parent firm of First Bank Limited, First Bank Holding Plc, has announced the appointment of three new executive directors.
The group notified the investing public of the additional executive directors via a notification signed by the company’s secretary, Seye Kosoko, and filed with The Exchange.
The three executive directors are Mr. Olusegun Alebiosu, Mr. Oluwatosin Adewuyi, and Mr. Ini Ebong, according to the statement.
The appointment of these directors, however, is still subject to the approval of the CBN, the country’s central bank.
What you should know about the appointees
Mr. Olusegun Alebiosu has been appointed as Executive Director, Risk Management & Executive Compliance Officer. Before joining FirstBank, Mr. Olusegun was the Chief Credit Officer at the African Development Bank Group (ADB) where he led Risk teams in various areas including financial institutions, trade finance (to support African Banks), and critical infrastructure projects across Africa. Prior to ADB, he worked at the United Bank for Africa Plc in various risk capacities including credit policy, credit risk management, agriculture, trade, retail and specialized lending.
Mr. Oluwatosin Adewuyi was appointed as Executive Director, Corporate Banking. Prior to the appointment, Mr. Oluwatosin was Group Executive, Corporate Banking where he was responsible for the Bank’s corporate banking business following the exit of the previous Executive Director. He was until recently Executive Director of FBNBank UK, a role he occupied when he joined the FirstBank family in 2017. Under his leadership, the corporate banking franchise achieved significant growth in assets and net revenue. He was also able to reposition the business and portfolio of FBNBank UK in line with our revised strategy for the franchise and pioneered collaborations between FirstBank, FBNBank UK and our African subsidiaries via the Global Account Management program.
Mr. Ini Ebong Ini has been appointed as Executive Director, Treasury and International Banking. Prior to this appointment, he was the Group Executive in charge of the Treasury and International Banking at FirstBank. In this role, he is responsible for the Bank’s Treasury business, its international banking franchise across sub-Saharan Africa covering six countries (Democratic Republic of Congo, The Gambia, Ghana, Guinea Conakry, Senegal and Sierra Leone), the Bank’s Custody business, servicing local and international clients, and the Bank’s Financial Institutions business, which covers its relationships with domestic and international correspondent banks, multilateral agencies, development finance institutions and nonbank financial institutions. Until recently, he was also responsible for the Structured Trade and Commodity Finance business.
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