The Group Managing Director/Chief Executive Officer, FirstBank of Nigeria Limited, Mr. Bisi Onasanya is set to step down from his position by the end of the year.
In a statement by the Bank, Onasanya is retiring on the heels of an inspiring and enviable career spanning over three decades of diverse management and operational experience.
The statement read “Mr. Onasanya is set to retire at a high point of his career as Group Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable banking brand, at the successful completion of his tenure. His retirement takes effect at the end of the current financial year on December 31 2015.
“Onasanya is retiring on the heels of an inspiring and enviable career spanning over three decades of diverse management and operational experience, 21 years of which he has spent with FirstBank, serving meritoriously in the last six years as Group Managing Director/CEO. He has been able to stabilise and modernise the expanding FirstBank brand since his appointment in 2009, thus reinforcing the confidence of the bank’s diverse stakeholders and the global financial public.
“Onasanya’s successor will be announced in the last quarter prior to his exit. This is in sync with FirstBank’s corporate governance practice, which provides for seamless transition for the office of Group Managing Director. As is well known,
FirstBank’s corporate governance posture has won it much respect and awards both locally and internationally.”
The statement added that his successor will be announced in the last quarter of the year, prior to his exit.
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