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The Board of FBN Holdings Plc, on Sunday, announced the appointment of Mr. Olusegun Alebiosu as acting Chief Executive, First Bank of Nigeria Limited (FirstBank), its flagship subsidiary.
He is anticipated to take the role on an interim basis until cleared by the Central Bank of Nigeria (CBN).
He joined FirstBank in 2016 and has over three decades of banking experience.
Though, the appointment is coming on the heels of the recent resignation of the bank’s Managing Director/Chief Executive, Dr. Adesola Adeduntan.
In a statement to the Nigerian Stock Exchange, the holdings’ acting Company Secretary, Adewale Arogundade, said the board of directors had appointed Alebiosu to lead the 130-year-old institution.
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Segun brings to the Executive Management of FirstBank over 28 years’ experience in the banking and financial services industry with cross-functional exposure to Credit risk management, Financial planning and control, Credit and marketing, Trade, Corporate and commercial banking, Agriculture financing, Oil and Gas, Transportation (including Aviation and Shipping) and Project financing.
He is well positioned to deliver on the bank’s strategic objectives.
