FirstBank appoints Alebiosu, Adewuyi, Ebong as Executive Directors

The Board of Directors of First Bank of Nigeria has appointed three Executive Directors.

The appointees are: Mr. Olusegun Alebiosu – Executive Director, Risk Management & Executive Compliance Officer; Mr. Oluwatosin Adewuyi – Executive Director, Corporate Banking and Mr. Ini Ebong – Executive Director, Treasury and International Banking.

These appointments, according to the Company Secretary of FBN Holdings, Seye Kosoko, are subject to the approval of the Central Bank of Nigeria.

Alebiosu was a Group Executive and the Chief Risk Officer of the FirstBank Group, a role he had occupied since he joined the bank in September 2016.

In addition to his role as CRO, he is also the Executive Compliance Officer of the bank with the responsibility of ensuring the bank complies with extant rules and regulations.

With a career that has spanned about 30 years, Alebiosu was the Chief Credit Officer at the African Development Bank Group (ADB). Prior to ADB, he worked at the United Bank for Africa Plc in various risk capacities including credit policy, credit risk management, agriculture, trade, retail and specialized lending. He also worked at Omega Bank Plc, Peak Merchant Bank and Oceanic Bank Plc.

Alebiosu is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), an Associate of the Nigerian Institute of Management, a Member of the Chartered Institute of Bankers of Nigeria and a Member of the Nigerian Institute of International Affairs.

He has a BSc in Industrial Relations & Personnel Management from the University of Lagos, a Master of International Law & Diplomacy also from the University of Lagos, and a MSc in Development Studies from the London School of Economics and Political Science.

Adewuyi was Group Executive, Corporate Banking where he was responsible for the bank’s corporate banking business following the exit of the previous Executive Director. He was until recently Executive Director of FBNBank UK, a role he occupied when he joined the FirstBank family in 2017.

He is an international banker with over 20 years’ experience covering sub-Saharan Africa.

Adewuyi joined FirstBank from J.P. Morgan, where he was a Managing Director and had been Head of its Nigeria Business for eight years. Prior to J.P. Morgan, he worked at Standard Bank, London and KPMG.

He is a Fellow of the Association of Chartered Certified Accountants (FCCA) and he holds a BA (Hons) in Economics and Accounting from the University of Manchester. He is also an Honorary Member of the Chartered Institute of Bankers.

Ini was the Group Executive in charge of the Treasury and International Banking at FirstBank. In this role, he is responsible for the bank’s Treasury business, its international banking franchise across sub-Saharan Africa covering six countries (Democratic Republic of Congo, The Gambia, Ghana, Guinea Conakry, Senegal and Sierra Leone).

Until recently, he was also responsible for the Structured Trade and Commodity Finance business. Prior to joining FirstBank, Ini was the Head of African Fixed Income and Local Markets Trading for Renaissance Capital. Prior to joining Renaissance Capital, he had worked in Citigroup for 14 years.

Throughout his career in financial services spanning more than 25 years, Ini has had extensive experience in investment banking, financial markets, equity and debt capital markets businesses, with work experience that covers trading, treasury, balance sheet management and finance.

Ini is a qualified architect with a BSc and MSc in Architecture from the University of Ife.