FIRST BANK APPOINTS, DR ADEDUNTAN AS CEO, TUNDE ODUKALE CHAIRMAN, AND OTHERS.

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On the Central Bank of Nigeria Limited (CBN) pronouncement for the reconstitution of the Board of Directors of First Bank of Nigeria Limited,new directors have been appointed with immediate effect.

The Board of Directors are

  1. Mr. Tunde Hassan-Odukale – Chairman
  2. Mrs. Tokunbo Martins
  3. Mr. Uche Nwokedi
  4. Mr. Adekunle Sonola
  5. Ms. Isioma Ogodazi
  6. Mr. Ebenezer Olufowose
  7. Mr. Ishaya Elijah B. Dodo
  8. Dr. Adesola Adeduntan FCA – Managing Director/ Chief Executive Officer
  9. Mr. Gbenga Shobo – Deputy Managing Director
  10. Dr. Remi Oni – Executive Director
  11. Mr. Abdullahi Ibrahim – Executive Director

Dr. Adesola Adeduntan has since resumed work as CEO in line with the directives of the CBN.
The Bank pledged to cooperate with the Central Bank of Nigeria and other regulators while the operations of the Bank are not hampered or hindered in any way and are running smoothly.

The bank also assured that,” we further wish to reassure the public, our esteemed customers and stakeholders in the words of the Governor of the Central Bank at a press conference.

“The CBN hereby reassures the depositors, creditors and other stakeholders of the bank of its commitment to ensuring the stability of the financial system. There is therefore no cause for panic amongst the banking public, given that the actions being taken are meant to strengthen the Bank and position it as a banking industry giant.”

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for over 125 years.
With over 750 business locations and over 82,000 Banking Agents spread across 99% of the 774 Local Government Areas in Nigeria, FirstBank provides a comprehensive range of retail and corporate financial services to serve its over 15 million customers. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

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