UPDATED: First Bank appoints new MD/CEO

First Bank of Nigeria has appointed Olusegun Alebiosu as its acting managing director, two sources with knowledge of the development told PREMIUM TIMES on Sunday.

Mr Alebiosu has been the bank’s executive director/chief risk officer since 2022.

He has been in the bank for nearly three decades, with expertise in credit marketing, trade, corporate and commercial banking, and credit risk management among others.