First Bank Appoints New Executive Director

The appointment of Oluseyi Oyefeso has been announced by the board of First Bank of Nigeria Ltd. as the Executive Director, Retail Banking in charge of the South.

According to a statement from the bank, his appointment, which took effect on March 2, 2023, is line with the approval of the Central Bank of Nigeria (CBN) approval.

Prior to Oyefeso’s appointment, he was the Group Executive Director, Retail Banking South (Lagos and West), having also served as the Country Managing Director, FBNBank Ghana Ltd.

He joined the First Bank in 2006 as a Branch Manager, who served in one of the bank’s top three branches.

He also held several positions, including Business Development Manager as well as Group Heads within the Retail Banking and Institutional Banking DiDirectorates.

Speaking on the appointment, Dr Adesola Adeduntan, the Chief Executive Officer, FirstBank Group said, “We are excited to have Seyi as one of our executive directors and we wish him the best as we collectively reinforced our commitment to strengthening the bank’s contributions to empowering our stakeholders."

According to him, he has acquired extensive knowledge in retail, corporate and commercial banking, credit risk management (analysis and administration) as well as financial control.