FBN Holdings Plc has announced the appointment of Olusegun Alebiosu as the as acting CEO of its flagship subsidiary, First Bank of Nigeria Limited. This is following the resignation of the Managing Director/CEO, Dr Adesola Adeduntan.
The appointment takes effect immediately and is subject to the approval of the Central Bank of Nigeria.
Alebiosu who as an Executive Director/Chief Risk Officer jointly led the Transformation of FirstBank over the past 8 years.
Mr Alebiosu joined FirstBank in 2016, and he brings over three decades of extensive banking experience, with a strong background in risk management, compliance, and corporate banking.
The board’s decision to appoint Mr. Alebiosu underscores his deep involvement and proven track record within the bank under the leadership of previous CEOs.
His broad experience includes significant roles such as Chief Risk Officer at Coronation Merchant Bank Limited and Chief Credit Risk Officer at the African Development Bank Group.
Before joining FirstBank, he served in key capacities at United Bank for Africa Plc and started his career at Oceanic Bank Plc (now Ecobank Plc) in 1991.