FBN Holdings Plc Appoints New Executive Board Of Directors

In its quest to consolidate its position in the highly competitive financial industry, FBN Holdings Plc has appointed three additional executive directors to its board of directors.

In a circular sent to the management of the Nigerian Exchange Limited (NGX Group), the financial giant wished to present the new executive directors to partake in the management of their flagship financial institution, First Bank of Nigeria Limited.

The board members are Olusegun Alebiosu – Executive Director, Risk Management & Executive Compliance Officer, Oluwatosin Adewuyi, Executive Director, Corporate Banking, Ini Ebong, Executive Director, Treasury, and International Banking, Seye Kosoko, the company secretary revealed.

The appointment awaits the ratification of the Central Bank of Nigeria.

The circular, however, gave a brief professional profile of the newly appointed executive directors as a way to build investors and the management of the Nigerian Stock Exchange's confidence in the group.

Olusegun Adebiosu, who is to oversee the risk management and executive compliance of the bank, had an impressive time as the Group Executive and the Chief Risk Officer of the First Bank Group, a role he had occupied since he joined the bank in September 2016.

Oluwatosin Adewuyi, who is to handle the corporate banking position of the bank, relinquished his position as Group Executive, Corporate Banking.

Ini Enong, who is to assume his new position as the Executive Director, Treasury, and International Banking pending CBN approval, has relinquished his position as the Group Executive in charge of the Treasury and International Banking.