• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Appointments

First Bank appoints Olusegun Alebiosu as acting CEO, effective immediately

Chris Ugwu by Chris Ugwu
April 21, 2024
in Appointments, Breaking News, Equities, People, Spotlight
First Bank appoints Olusegun Alebiosu as acting CEO, effective immediately
Share on FacebookShare on TwitterShare on Linkedin

First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective immediately.

This development follows the resignation of Dr. Adesola Adeduntan, who has served as the Managing Director/CEO of the bank.

The announcement was made official through a notification to the Nigerian Exchange Limited and the investing public, adhering to the Issuers’ Rules of The Exchange.

RelatedStories

When legacy meets preparedness – Olusegun Alebiosu as CEO, Firstbank Group

When legacy meets preparedness – Olusegun Alebiosu as CEO, Firstbank Group

May 26, 2025
First Bank

First Bank refutes businessman’s N550 million fraud allegation, calls claims baseless

March 15, 2025
Recommended reading: FirstBank clinches the Prestigious Corporate Bank Award at the 2023 Euromoney awards for excellence

What we know

Mr. Alebiosu, who previously held the position of Executive Director and Chief Risk Officer at FirstBank, has been pivotal in spearheading the bank’s transformation strategies over the past eight years.

  • His tenure at FirstBank began 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.
  • FirstBank expressed its deep gratitude to Dr. Adeduntan for his leadership and contributions, especially noting his role in overseeing the bank’s growth and transformation during his nine-year tenure.

As Mr. Alebiosu steps into his new role, his appointment is pending approval from the Central Bank of Nigeria, signaling a new chapter for the 130-year-old financial institution as it continues to navigate the evolving banking landscape.

Recommended reading: First Bank reinforces commitment to empowering FMCG distributors

Follow us for Breaking News and Market Intelligence.
Tags: FBN Holdings PlcFBNHFirst BankOlusegun Alebiosu
Chris Ugwu

Chris Ugwu

Chris is a Senior Financial Analyst at Nairametrics Advocates Limited with over a decade stint in active journalism and public relations practice.

Related Posts

When legacy meets preparedness – Olusegun Alebiosu as CEO, Firstbank Group
Companies

When legacy meets preparedness – Olusegun Alebiosu as CEO, Firstbank Group

May 26, 2025
First Bank
Financial Services

First Bank refutes businessman’s N550 million fraud allegation, calls claims baseless

March 15, 2025
Tinubu envisions success of Nigerian banks in foreign countries 
Financial Services

Tinubu envisions success of Nigerian banks in foreign countries 

March 6, 2025
Nigerian court unfreezes N89 million in bank accounts previously indicted for illegal crypto dealings
Legal & Regulations

GHL vs FirstBank: Court vacates Mareva Injunction, denies Nduka Obaigbena’s request to strike out case  

January 30, 2025
FirstBank’s FirstGem: Redefining women’s empowerment in Nigeria 
Companies

FirstBank’s FirstGem: Redefining women’s empowerment in Nigeria 

January 24, 2025
Oba Otudeko loses N371 million from his Honeywell flour stake in a single day
Legal & Regulations

Honeywell Chairman Oba Otudeko reportedly departs Nigeria amid legal dispute 

January 17, 2025
Next Post
Nestlé

Nestle Nigeria revalues fixed assets to fix negative shareholders funds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Pay-on-delivery hurting Nigeria’s e-commerce growth, stakeholders warn 
  • Digitvant MFB launches DigitvantPay: Finally, A bank you can call your own 
  • Niger Govt awards N7 billion road project with four bridges linking Mokwa to Rabba

Follow us on social media:

Recent News

e-commerce

Pay-on-delivery hurting Nigeria’s e-commerce growth, stakeholders warn 

June 10, 2025
Digitvant MFB launches DigitvantPay: Finally, A bank you can call your own 

Digitvant MFB launches DigitvantPay: Finally, A bank you can call your own 

June 10, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics