Olusegun Alebiosu has been confirmed as the substantive managing director/chief executive officer of First Bank of Nigeria Limited.
Alebiosu has been the bank’s acting boss since Adesola Adeduntan resigned in April.
Also, Ini Ebong has been confirmed the substantive deputy managing director.
Until his appointment, Ebong was the bank’s former executive director in charge of treasury and international banking.
In a notice on Wednesday to the Nigerian Exchange Group, the company’s secretary Adewale Arogundade said the appointments are subject to the approval of the Central Bank of Nigeria (CBN).
Alebiosu was previously the bank’s executive director, chief risk officer, executive compliance officer, group executive/chief risk officer among others.
The new managing director has over 28 years’ experience in the banking and financial services industry with cross-functional exposure to credit risk management, financial planning and control, credit and marketing, trade, corporate and commercial banking, agriculture financing, oil and gas, transportation (including aviation and shipping) and project financing.
