First Bank of Nigeria (FBN) Limited has announced the appointment of Olusegun Alebiosu as its acting chief executive officer (CEO), succeeding Adesola Adeduntan who recently resigned. Adeduntan, who has been CEO since 2016, stepped down from his position on April 20, eight months before the end of his contract term.
Alebiosu began his banking career in 1991 at Oceanic Bank Plc., now known as EcoBank Plc., holding various significant roles before joining FirstBank in 2016. At FirstBank, he served as the executive director and chief risk officer.
FBN Holdings, the parent company of First Bank of Nigeria, announced Alebiosu’s appointment on Sunday, pending approval from the Central Bank of Nigeria. With over thirty years of experience in the banking industry, Alebiosu is expected to contribute to the achievement of the bank’s strategic objectives.
In a statement released on their official Facebook page, FBN Holdings expressed gratitude to Dr. Adeduntan for his leadership over the past nine years, acknowledging his role in the transformation and growth of the bank. They wished him success in his future endeavors.
