The Management of First Bank of Nigeria has announced the appointment of its new Managing Director/Chief Executive Officer, Mr Gbenga Shobo. The Board of First Bank of Nigeria approved Shobo’s appointment at a meeting on Wednesday, 28 April 2021.
Mr Shobo, who is the current Deputy Managing Director, succeeds Sola Adeduntan, who will be leaving the bank in accordance with the bank’s term limit for its Chief Executives. According to the bank, the decision is subject to all regulatory approvals.
Below is the Letter