November 15, 2024

FINTECH MAGAZINE AFRICA

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First Bank Appoints Ebenezer Olufowose as New Chairman

Nigeria’s multinational and financial services company First Bank Nigeria, has appointed Ebenezer Olufowose as the new chairman,  following the retirement of Tunde Hassan-Odukale, after twelve years at the bank.

Announcing Olufowose appointment, First Bank wrote,

“Consequently, the board of FirstBank has appointed Ebenezer Olufowose, a non-executive director as the new chairman of the board of directors of First Bank of Nigeria Limited”.

Olufowose joined the board of directors of First Bank of Nigeria Limited on April 29, 2021. He is the group managing director for First Ally Capital Limited, an investment banking firm in Lagos.

The new chairman holds a first-class honours degree in Economics from the University of Lagos, and an MA in International Economics from the University of Sussex, England. He started his banking career in 1985 at NAL Merchant Bank Plc and has worked for 36 years in the financial services industry with specific experiences in corporate finance, project finance, and investment banking to the board. 

Mr. Ebenezer brings skills gathered across Corporate Finance, Project Finance, and Investment Banking to the Board. As he takes up the new role as chairman of Frist Bank, his 22 years of experience in the banking sector and proven track record as an alumnus of the Harvard Business School and the Lagos Business School, would contribute to the continued growth and success of the company.

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