According to a statement issued on Monday 7th September 2015 by FBN Head of Marketing & Corporate Communications, Folake Ani-Mumuney, major changes in the top hierarchy of the bank has occurred.
“Following a rigorous selection process driven by the Board and supported by Heidrick & Struggle, the internationally renowned executive search firm, Dr. Adesola Adeduntan, the current Executive Director/CFO emerged Managing Director-designate, First Bank of Nigeria Ltd, while Mr. Gbenga Shobo, the current Executive Director, Lagos & West, emerged Deputy Managing Director-designate. This comes on the heels of the Group’s earlier notice of Mr. Bisi Onasanya’s retirement as GMD/CEO of the Bank. These decisions have been ratified by the Board of Directors, subject to all necessary regulatory approvals and all take effect from January 1, 2016”
Folake Mumuney also stated that Mr. Bello Maccido, pioneer Group CEO, FBN Holdings, is changing positions to become pioneer Chairman of the newly-licenced FBN Merchant Bank Ltd, while Mr. UK Eke (MFR), currently Executive Director, South, First Bank of Nigeria Ltd replaces him as Group Managing Director-designate, FBN Holdings.
“As pioneer Group CEO of the FBN Holdings Group in very critical times, Bello birthed the process to establish the multi-faceted group to comply with diverse regulatory requirements, navigating through uncharted territory. He will undoubtedly bring his wealth of experience, spanning over 30 years post call to Bar experience as an accomplished Retail, Corporate and Investment banker, to bear in his new role chairing the Board of the emergent FBN Merchant Bank Ltd''
Furthermore, the present Chairman, Prince Ajibola Afonja, is to retire while Mrs. Ibukun Awosika becomes the Chairman, First Bank Nigeria Ltd.
Mrs. Ibukun Awosika holds a B.sc in Chemistry from University of Ife (now Obafemi Awolowo University), an MBA from IESE Business School, Barcelona, Spain and is she is also an alumnae of the Lagos Business School Chief Executive Programme.
Folake Mumuney also stated that Mr. Bello Maccido, pioneer Group CEO, FBN Holdings, is changing positions to become pioneer Chairman of the newly-licenced FBN Merchant Bank Ltd, while Mr. UK Eke (MFR), currently Executive Director, South, First Bank of Nigeria Ltd replaces him as Group Managing Director-designate, FBN Holdings.
“As pioneer Group CEO of the FBN Holdings Group in very critical times, Bello birthed the process to establish the multi-faceted group to comply with diverse regulatory requirements, navigating through uncharted territory. He will undoubtedly bring his wealth of experience, spanning over 30 years post call to Bar experience as an accomplished Retail, Corporate and Investment banker, to bear in his new role chairing the Board of the emergent FBN Merchant Bank Ltd''
Furthermore, the present Chairman, Prince Ajibola Afonja, is to retire while Mrs. Ibukun Awosika becomes the Chairman, First Bank Nigeria Ltd.
Mrs. Ibukun Awosika holds a B.sc in Chemistry from University of Ife (now Obafemi Awolowo University), an MBA from IESE Business School, Barcelona, Spain and is she is also an alumnae of the Lagos Business School Chief Executive Programme.
Mrs. Awosika is a fellow of the Aspen Global Leadership Network and a multiple award-winning entrepreneur; the Promoter and Investor of Furniture Manufacturers Mart that provides furniture processing service for various categories of furniture manufacturers.
Ibunkun Awosika currently sits on a number of other boards including Cadbury Nigeria Plc.
She would go record on as the First Female Chairman of Fist Bank Nigeria Plc
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