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First Bank announces retirement of Deputy MD, appoints new executive director

Inside First Bank Board Shake-up: How vested interests divide Nigeria s oldest lender

FBN: I Acted in Honour, Integrity, Says Awosika

Obinna Chima The sacked Chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has said she acted in truth and honesty in the interest of the bank, its stakeholders, and Nigeria during her 11 years sway at the institution. Awosika stated this in a statement titled, “My FBN Group Journey,” she Instagrammed at the weekend. The Central Bank of Nigeria (CBN) had on Thursday removed all directors of First Bank Nigeria Limited and those of its parent company, FBN Holdings Plc, to try to resolve a boardroom crisis that led to the short-lived retirement of Adesola Adeduntan as the bank’s Managing Director/Chief Executive Officer. Awosika announced the change on Wednesday.

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