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Views: Visits 326 The Board of Directors of First Bank of Nigeria Limited has approved the appointment of Mr. Gbenga Shobo as its Managing Director/Chief Executive Officer (CEO), effective Wednesday, April 28, 2021. Until the appointment, Shobo was the bank’s Deputy Managing Director. Shobo succeeds Mr. Adesola Adeduntan, who will be leaving the financial institution in accordance with its term limits for Chief Executives, after leading the bank since January 2016. According to a statement, the appointment is subject to regulatory approval. Also appointed was Abdullahi Ibrahim as Deputy Managing Director, while Mr. Ini Ebong, Mr. Segun Alebiosu, Mr. Seyi Oyefeso, and Mrs. Bashirat Odunewu, were also appointed as Executive Directors. ....
Share The Board of Directors of First Bank of Nigeria Limited has approved the appointment of Mr Gbenga Shobo as its Managing Director/Chief Executive Officer (CEO), effective Wednesday. This appointment, according to a statement from the lender, is subject to regulatory approval. Until the appointment, Shobo was the bank’s Deputy Managing Director. Shobo succeeds Mr Adesola Adeduntan, who will be leaving the financial institution in accordance with its term limits for Chief Executives, after leading the bank since January 2016. Also appointed was Abdullahi Ibrahim as Deputy Managing Director, while Mr Ini Ebong, Mr Segun Alebiosu, Mr Seyi Oyefeso and Mrs Bashirat Odunewu, were also appointed as Executive Directors. ....
By Bayo Adewale The ability of First Bank Nigeria Limited to successfully transform itself and keep pace with market trends has never been in doubt. The bank has reinvented its products, operations and services over the years to the admiration of Nigerians enough to outlive its peers and remain a strong contender for the best prizes available in Nigeria’s banking industry today. No doubt, the appointment of Mr. Gbenga Shobo as Managing Director and Chief Executive Officer (MD/CEO)following the retirement of Mr. Adesola Adeduntan, in line with the Banks succession strategy is the latest move in a long line of visionary moves by the bank to cement its legacy as the leading financial institution in the country. Dr Adeduntan was appointed as the MD in January 2016, supported by Gbenga Shobo as the DMD. ....