Olusegun Alebiosu appointed First Bank CEO
First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its acting Chief Executive Officer.
The appointment, which is effective immediately, follows the resignation of Dr. Adesola Adeduntan, as the Managing Director/CEO of the bank.
In a notification to the Nigerian Exchange Limited and the investing public, adhering to the Issuers’ Rules of The Exchange, First Bank said 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.
He has held other 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.
