6 key things to know about FirstBank’s golf-loving acting MD Olusegun Alebiosu

FirstBank acting MD Olusegun Alebiosu

FirstBank Group announced Olusegun Alebiosu as its acting managing director with immediate effect on Sunday.

Mr Alebiosu replaces Adesola Adeduntan who resigned effective from April 20, months before the expiration of his tenure.

Alebiosu’s appointment is subject to approval by the Central Bank of Nigeria.

Below are six things to know about him:

1. Mr Alebiosu commenced his professional career in 1991 with Oceanic Bank Plc (now EcoBank Plc).

2. Before joining FirstBank, he was chief risk officer at Coronation Merchant Bank Limited, chief credit risk officer at African Development Bank Group and group head, credit policy and deputy chief credit risk officer at United Bank for Africa Plc.

FirstBank appoints Olusegun Alebiosu acting MD

3. Alebiosu joined FirstBank in 2016 as group executive/chief risk officer. In January 2022, he was appointed executive director, chief risk officer and executive compliance officer.

4. Alebiosu is an alumnus of Harvard School of Government and holds a bachelor’s degree in industrial relations and personnel management. He has two master’s degree — one in international law and diplomacy from the University of Lagos and one in development studies from the London School of Economics and Political Science.

5. He is a member of various professional bodies including Institute of Chartered Accountants (FCA), Nigeria Institute of Management, Chartered Institute of Bankers of Nigeria (CIBN) and Nigeria Institute of International Affairs.

6. Alebiosu is a golfer and an adventurer. He is happily married with children.