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FBNHOLDINGS: NOTIFICATION OF APPOINTMENTS IN FIRST BANK OF NIGERIA LIMITED

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FBNHOLDINGS: NOTIFICATION OF APPOINTMENTS IN FIRST BANK OF NIGERIA LIMITED

Lagos, Nigeria, June 19, 2024

FBN Holdings Plc has announced several key appointments in its flagship subsidiary, First Bank of Nigeria Limited, subject to the approval of the Central Bank of Nigeria:

1. Appointment of Managing Director/CEO:
- Mr. Olusegun Alebiosu: Appointed as the substantive Managing Director/Chief Executive Officer. Previously, he served as Acting Managing Director/CEO and has over 28 years of experience in the banking and financial services industry.

2. Appointment of Deputy Managing Director:
- Mr. Ini Ebong: Appointed as Deputy Managing Director. Prior to this, he was the Executive Director of Treasury and International Banking, bringing over 20 years of extensive banking experience.

3. Appointment of Non-Executive Director:
- Mr. Alao Olatunde-Olaifa: Appointed as Non-Executive Director. He is currently the Group Chief Financial Officer at Leadway Holdings and has a robust background in corporate finance and asset management.

For further details on these appointments, visit FBN Holdings’ investor relations portal or contact their Investors' Relations Officer via email at investor.relations@fbnholdings.com or phone at +234 1 9052720.