BY BAMIDELE FAMOOFO
The Board of Directors of First Bank of Nigeria Limited, flagship subsidiary of FBN Holding Plc, has announced the appointment of three new Executive Directors to the Board.
They are Olusegun Alebiosu, Executive Director, Risk Management & Executive Compliance Officer; Oluwatosin Adewuyi, Executive Director, Corporate Banking and Ini Ebong, Executive Director, Treasury and International Banking.
These appointments are subject to the approval of the Central Bank of Nigeria.
Prior to this appointment, Alebiosu was a Group Executive and the Chief Risk Officer of the FirstBank Group, a role he had occupied since he joined the Bank in September 2016. As CRO, he is the Executive accountable for enabling the efficient and effective governance of significant risks, and related opportunities in FirstBank and its subsidiaries.
Adewuyi was formerly 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.
Ebong was before his new appointment 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.
