Nigeria’s leading commercial bank, First Bank of Nigeria Limited, has announced the appointment of Olusegun Alebiosu as its acting Managing Director, effective April 2024.
This decision follows the resignation of Dr. Adesola Adeduntan, who served as the managing director/CEO for nine years.
The announcement was made by First Bank’s acting company secretary, Adewale Arogundade, in a statement released on Sunday.
Alebiosu, who previously held the positions of executive director, chief risk officer, and executive compliance officer since January 2022, now steps into the role of acting CEO.
With a legacy spanning 130 years, First Bank continues its leadership transition amidst changing dynamics in the financial sector.
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