{"id":121833,"date":"2024-06-19T22:22:43","date_gmt":"2024-06-19T21:22:43","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/first-bank-confirms-alebiosu-as-md"},"modified":"2024-06-20T00:52:31","modified_gmt":"2024-06-19T23:52:31","slug":"first-bank-confirms-alebiosu-as-md","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/first-bank-confirms-alebiosu-as-md","title":{"rendered":"First Bank confirms Alebiosu as MD"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>First Bank of Nigeria Limited has confirmed Olusegun Alebiosu as the substantive Managing Director.<\/p>\n

The bank also named Ini Ebong as the Deputy Managing Director.<\/p>\n

In a Notification of appointments sent to the Nigerian Exchange Group (NGX) late on Wednesday by the company\u2019s Secretary, Adewale Arogundade, First Bank also announced the appointment of Mr. Alao Olatunde-Olaifa as Non-Executive Director<\/p>\n

The appointments are however subject to the approval of the Central Bank of Nigeria (CBN).<\/p>\n

Alebiosu was appointed as the bank\u2019s acting Managing Director following the resignation of Adesola Adeduntan in April.<\/p>\n

He previously served as the bank\u2019s Executive Director, Chief Risk Officer, Executive Compliance Officer and Group Executive\/ Chief Risk Officer, among others.<\/p>\n

The new managing director has over 28 years\u2019 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.<\/p>\n

Ebong was previously the bank\u2019s Executive Director of Treasury and International Banking.<\/p>\n

He brings to the Executive Management of First Bank over 20 years banking experience.<\/p>\n

Olatunde-Olaifa, the current Group Financial Officer of Leadway Holdings, brings to the Board years of experience cutting across corporate finance, including capital raising, debt restructuring, acquisition planning, project financing and asset management.<\/p>\n

41478_FBN_HOLDINGS_PLC-FBN_HOLDINGS_PLC_-_NOTIFICATION_OF_APPOINTMENT_AT_FIRSTBANK_CORPORATE_ACTIONS_JUNE_2024<\/p>\n

By: Babajide OkeowoBalanced, fearless journalism driven by data comes at huge financial costs.<\/p>\n

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.<\/p>\n

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.<\/p>\n

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.<\/p>\n

For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. First Bank of Nigeria Limited has confirmed Olusegun Alebiosu as the substantive Managing Director. The bank also named Ini Ebong as the Deputy Managing Director. In a Notification of appointments sent to the Nigerian Exchange Group (NGX) late on Wednesday by the company\u2019s Secretary, Adewale Arogundade, First Bank also announced the appointment […]<\/p>\n","protected":false},"author":84,"featured_media":121832,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[13822,4027,13823,254],"class_list":["post-121833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-alebiosu","tag-first-bank","tag-md","tag-nigeria"],"yoast_head":"\nFirst Bank confirms Alebiosu as MD - Nigeria<\/title>\n<meta name=\"description\" content=\"First Bank of Nigeria Limited has confirmed Olusegun Alebiosu as the substantive Managing Director. 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