The Board of FirstBank has approved the ap­pointment of Mr Oluse­gun Alebiosu, currently Acting Managing Director/Chief ExecutiveOfficer, astheManaging Director/Chief Executive Officer, FirstBank Group; Ini Ebong, cur­rently Executive Director, Trea­sury, and International Banking, as Deputy Managing Director; and Mr Omotunde Alao-Olaifa as Non-Executive Director.

These decisions took effect from effect from June 19, 2024 and subject to regulatory approvals.

Olusegun Alebiosu, Managing Director/CEO, FirstBank Group Olusegun Alebiosu was appointed the Managing Director/Chief Ex­ecutive Officer, First Bank of Nige­ria Limited (FirstBank Group) in June 2024.

He was until this appointment the Acting Managing Director/ Chief Executive Officer since April 2024.

He was previously Executive Director, Chief Risk Officer, and Executive Compliance Officer from January 2022 until 20 April 2024. Prior to that appointment, he was the Group Executive/ Chief Risk Officer, a position he held since 2016.

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 commenced his profes­sional career in 1991 with Ocean­ic Bank Plc. (now EcoBank Plc.) and prior to joining FirstBank in 2016servedasChief RiskOfficerat Coronation Merchant Bank Limit­ed, Chief Credit Risk Officer at Af­rican Development Bank Group and Group Head, Credit Policy & Deputy Chief Credit Risk Officer at United Bank for Africa Plc.

Segun is an alumnus of Harvard Business School and Harvard Kennedy School of Gov­ernment. He holds a Bachelor’s degree in Industrial Relations and Personnel Management, and also a Master’s degree in Internation­al Law and Diplomacy from the University of Lagos. He obtained a Master’s degree in Development StudiesfromtheLondonSchoolof Economics and Political Science, andcompletedAdvancedManage­ment Program (AMP) at Harvard Business School.

He is a member of various pro­fessional bodies namely, Fellow, In­stitute of Chartered Accountants (FCA), Associate, Nigeria Institute of Management (ANIM), Char­tered Institute of Bankers of Ni­geria (CIBN) and Member, Nigeria Institute of International Affairs.