First Bank of Nigeria (FBN) Limited has officially named Olusegun Alebiosu as its new managing director (MD) and chief executive officer (CEO), pending approval from the Central Bank of Nigeria (CBN).
Alebiosu has been serving as acting MD since April 22, following the resignation of Adesola Adeduntan.
![](https://aan.africa/wp-content/uploads/2024/06/Olusegun-Alebiosu-portrait-1024x512.jpg)
In addition, FBN Holdings, the parent company of First Bank, announced the appointment of Ini Ebong as deputy managing director (DMD).
Ebong, who previously served as executive director of treasury and international banking, brings extensive experience from his previous roles at Renaissance Securities Nigeria Limited and Citigroup.
Furthermore, FBN Holdings has appointed Omotunde Alao-Olaifa, chief financial officer (CFO) of Leadway Holdings, as a non-executive director. Alao-Olaifa also holds positions on the boards of C&I Leasing Plc and Leadway Pensure PFA.