NESG appoints FirstBank MD Olusegun Alebiosu, two others as board members

FirstBank MD Olusegun Alebiosu

The Nigerian Economic Summit Group (NESG) has announced the appointment of Olusegun Alebiosu, Wole Adeniyi and Mohamad Darwish to its board of directors. This strategic move underscores NESG’s commitment to fostering visionary leadership and enhancing collaborations with key private sector stakeholders to drive Nigeria’s economic transformation.

Mr. Alebiosu, the managing director/chief executive officer of First Bank of Nigeria Limited since June 2024, joins the NESG board with a wealth of experience spanning over 28 years in banking and financial services.

Known for his expertise in risk management, corporate finance, and project financing, Alebiosu has played pivotal roles in FirstBank’s domestic and international operations, including serving as executive director and chief risk officer.

He holds multiple academic qualifications, including degrees from Harvard Business School, the University of Lagos and the London School of Economics.

Mr. Adeniyi, the chief executive officer of Stanbic IBTC Bank Ltd, brings nearly three decades of banking expertise to the NESG board.

With a proven track record in technology, digital transformation, corporate and investment banking, and retail banking, Adeniyi has been instrumental in shaping Stanbic IBTC’s strategic direction.

Adeniyi, a first-class business administration graduate from the University of Benin and an MBA holder from the University of Manchester, is also a fellow of the Institute of Chartered Accountants of Nigeria.

As the chief executive officer of IHS Nigeria, Mr. Darwish oversees the largest market for IHS Towers, leading efforts to strengthen the company’s position as Nigeria’s top telecommunications infrastructure provider.

With over 20 years of experience in the telecoms sector, Darwish has spearheaded key initiatives in finance, technical operations, and business development.

Darwish holds advanced degrees in engineering and business administration from prestigious institutions, including Cornell University and the American University of Beirut.

The inclusion of Adeniyi, Darwish, and Alebiosu on the NESG board is expected to propel the organisation’s strategic initiatives, ensuring sustainable growth and positioning Nigeria for long-term economic advancement.