Olusegun Alebiosu is now substantive MD/Chief Executive, First Bank

According to a statement by First Bank of Nigeria Holding Plc, the parent company of First Bank of Nigeria Limited, Olusegun Alebiosu has been appointed the substantive Managing Director and Chief Executive Officer of First Bank.

The statement filed on the Nigerian Exchange Limited (NGX) on Wednesday, June 19, 2024 also saw the appointment of Ini Ebong as the Deputy Managing Director (DMD), and Omotunde Alao-Olaifa, as a Non-executive Director.  

Recall that Alebiosu has been serving as the acting managing director of First Bank since April 22.

His appointment followed the resignation of Adesola Adeduntan, who still had eight months before his contract ended.

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