Connect with us

Appointments

First Bank Appoints Three New Bosses

Published

on

FirstBank Headquarter - Investors King

The First Bank Nigeria Holdings plc, (FBNH) has announced the appointment of three executive directors for its commercial banking arm, First Bank Nigeria Limited.

The Board of Directors in a statement by its secretary, Seye Kosoko made this known on the Nigerian Exchange Limited (NGX) website.

FBN named Olusegun Alebiosu as executive director, risk management and executive compliance officer, while the second, Oluwatosin Adewuyi is named executive director, corporate banking. Ini Ebong will be in charge of treasury and international banking as executive director.

First Bank stressed that the appointments are subject to the approval of the Central Bank of Nigeria.

Alebiosu, before his new role, was a group executive and the chief risk officer of the FirstBank Group, since 2016.

He was the chief credit officer of the African Development Bank Group (ADB). He has previously had a stint at the United Bank for Africa Plc, the defunct Omega Bank Plc, Peak Merchant Bank as well as Oceanic Bank Plc.

Mr Alebiosu is also a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), an associate of the Nigerian Institute of Management, a member of the Chartered Institute of Bankers of Nigeria and of the Nigerian Institute of International Affairs.

The second executive director, Mr Adewuyi was the group executive, corporate banking at FirstBank, where he was responsible for the bank’s corporate banking business following the exit of the previous executive director.

He is a banker with over 20 years of experience covering sub-Saharan Africa. Before joining FirstBank, he worked at J.P. Morgan, where he was a managing director and had been head of its Nigeria business for eight years. He worked at Standard Bank, London for about five years and qualified as a certified chartered accountant

Mr Ebong was the Group Executive in charge of treasury and international banking at FirstBank. He was also responsible for the Structured Trade and Commodity Finance business.

Mr Ebong is a qualified architect with a BSc and MSc in Architecture from the University of Ife, First Bank revealed.

Continue Reading
Comments

Appointments

UBA Appoints New Group Managing Director, Executive Board Members

United Bank for Africa appointed Oliver Alawuba to oversee the bank’s operations across 20 African countries, including the United Kingdom, the United States, France, and the United Arab Emirates.

Published

on

Oliver Alawuba - Investors King

United Bank for Africa, a leading financial institution in Nigeria, has appointed Oliver Alawuba as Group Managing Director to oversee the bank’s operations across 20 African countries, including the United Kingdom, the United States, France, and the United Arab Emirates.

The bank that was just licensed to operate in the United Arab Emirates disclosed in a press release signed by Bili A. Odum, Group Company Secretary.

Mr. Alawuba is expected to resume his new position on August 1, 2022, subject to approval by the Central Bank of Nigeria.

Oliver Alawuba joined UBA in 1997 and has held a series of senior positions, including as the CEO of UBA Ghana, the CEO of UBA, Africa and most recently, as Group Deputy Managing Director.

UBA Group Chairman, Tony Elumelu, stated ‘I am very pleased to announce Oliver Alawuba as the new Group Managing Director of the UBA Group. Oliver has extensive experience in Nigeria and our African network and is well equipped to advance our pan-African and global strategy.

I have no doubt that Oliver will build on the legacy of Kennedy Uzoka, who has exemplified transformational leadership by championing a customer-first philosophy; launching our twentieth operation in Africa, UBA Mali; acquiring a wholesale banking licence for UBA UK in the United Kingdom; and opening our fourth global operation, UBA Dubai, in the United Arab Emirates”.

Oliver Alawuba expressed his commitment to his new role as Group Managing Director saying “I am grateful for the opportunity to lead this great institution and would like to thank the UBA Group Chairman and the members of the Board of Directors for the confidence they have put in me to deliver the mandate.”

Other executive appointments are:

  • Ms. Sola Yomi-Ajayi, Executive Director, Treasury and International Banking. Sola has been with the Group since 2004 and has considerable international experience, culminating in her appointment as CEO of UBA America.
  • Mr. Ugochukwu Nwagodoh, Executive Director, Finance and Risk Management. Ugo joined the Group from PwC in October 2004. He has since held a series of significant roles in the areas of performance management, compliance, financial control and reporting.
  • Mr. Alex Alozie, Executive Director and Group Chief Operating Officer, who joined the Group in 2019 and has driven the Group’s digital transformation and operational efficiencies.
  • Ms. Emem Usoro, Executive Director, North Bank. Emem joined the Group in 2011 and has served in a series of senior regional appointments across Nigeria, covering the retail, corporate and public sectors.

The appointments as after the following executive directors retired: Mr. Kennedy Uzoka, Mr. Uche Ike, Mr. Chukwuma Nweke, Mr. Ibrahim Puri and Mr. Chiugo Ndubisi.

Continue Reading

Appointments

Ellah Lakes Appoints Paul Farrer as Deputy Managing Director

Ellah Lakes Plc has appointed Mr. Paul Farrer as its new Deputy Managing Director to oversee the company’s operational growth and development.

Published

on

Ellah Lakes

Ellah Lakes Plc has appointed Mr. Paul Farrer as its new Deputy Managing Director to oversee the company’s operational growth and development.

Ellah Lakes announced in a statement signed by Olumoroti Alli, a staff of OAKE Legal, ( the Company Secretary).

Prior to his appointment, Paul Farrer was the Country Manager for Innscor International, then the Group Executive Director & Chief Operating Officer of Food Concepts Plc.

His last Seven (7) Years in Nigerian Private Sector have been spent as the CEO of Nascon Allied Industries PLC, leading a team of over 600 staff. NASCON Allied Industries Plc. is also listed on Nigerian Exchange Limited.

Mr. Farrer will be responsible for the operational growth and development of the Company, and the expansion of the Ellah Lakes Staple Crop Processing Zones (SCPZ’s) strategy across Nigeria.

Commenting on the appointment, the Chief Executive Officer, Chuka Mordi said “We are very happy and excited about the extremely valuable addition of Paul to the team. He has a proven track record both internationally and in Nigeria”.

“We have set ambitious growth targets for Ellah Lakes Plc, and Paul Farrer possesses the wealth of experience required to develop companies in the challenging Nigerian environment. We are very glad to welcome him on board to strengthen the Ellah Lakes Executive team”.

Continue Reading

Appointments

Industrial & Medical Gases Nigeria Appoints Aminu Ado as Acting Chairman

Following the demise of Mr. Abiodun Olabode Alabi, the Board of Directors of Industrial & Medical Gases Nigeria Plc has appointed Mr. Aminu Ado as the Acting Chairman.

Published

on

Gas-Pipeline

Following the demise of Mr. Abiodun Olabode Alabi, the Board of Directors of Industrial & Medical Gases Nigeria Plc has appointed Mr. Aminu Ado as the Acting Chairman.

This was stated in a statement signed by Aderonke Segun-Alabi (Mrs), Company Secretary.

Aminu Ado Profile

Mr. Aminu Ado holds a Master’s degree in Financial Management from the Robert Gordon University (RGU), Aberdeen, UK. He also has a Master’s in Business Administration (MBA) (Executive) from the Obafemi Awolowo University (OAU), Ile-Ife, Nigeria.

He is a fellow of the Association of Chartered Certified Accountants (ACCA), United Kingdom, a member of the Chartered Institute of Taxation of Nigeria (CITN) and the Nigerian Institute of Management (NIM).

Aminu is currently the Managing Director, TY Holdings Limited and was appointed a Non-Executive Director of IMG in January 2022.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending