Olusegun Alebiosu Assumes Role as Acting MD/CEO of First Bank Nigeria Limited

Olusegun Alebiosu has been appointed as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group), effective April 2024.

Alebiosu transitions to this critical position from his previous role as the Executive Director, Chief Risk Officer, and Executive Compliance Officer, which he held since January 2022.

Bringing to the forefront of FirstBank over 28 years of extensive experience in the banking and financial services sector, Alebiosu boasts expertise in credit risk management, financial planning and control, corporate and commercial banking, agriculture financing, oil and gas, transportation, and project financing.

Embarking on his professional journey in 1991 with Oceanic Bank Plc. (now EcoBank Plc.), Alebiosu has held several noteworthy positions in esteemed financial institutions. Prior to joining FirstBank in 2016, he served as Chief Risk Officer at Coronation Merchant Bank Limited, Chief Credit Risk Officer at the African Development Bank Group, and Group Head of Credit Policy & Deputy Chief Credit Risk Officer at United Bank for Africa Plc.

Alebiosu’s academic background further enhances his professional standing, with credentials from the Harvard School of Government, a Bachelor’s degree in Industrial Relations and Personnel Management, a Master’s degree in International Law and Diplomacy from the University of Lagos, and a Master’s degree in Development Studies from the London School of Economics and Political Science.

As a distinguished member of professional bodies such as the Institute of Chartered Accountants (FCA), Nigeria Institute of Management (ANIM), and Chartered Institute of Bankers of Nigeria (CIBN), Alebiosu is celebrated for his dedication to excellence and ethical standards in the banking sector.

Beyond his professional commitments, Alebiosu is recognized for his love for golf and adventure, adding depth to his persona as a happily married individual and proud parent.

With Alebiosu at the helm, FirstBank of Nigeria Limited anticipates sustained growth and innovation, solidifying its position as a leading financial institution in Nigeria and beyond.