Ebenezer Olufowose Appointed FirstBank Chairman as Tunde Hassan-Odukale Retires

Ebenezer Olufowose Appointed FirstBank Chairman as Tunde Hassan-Odukale Retires

Ebenezer Olufowose joined the Board of Directors of First Bank of Nigeria Limited on April 29, 2021. As the Group Managing Director of First Ally Capital Limited, an investment banking firm based in Lagos, he brings over 36 years of experience in the financial services industry.

The Board of FirstBank of Nigeria Limited has named Ebenezer Olufowose, a Non-Executive Director, as the new Chairman of the Board of Directors. This decision comes after the successful completion of Tunde Hassan-Odukale's 12-year tenure.

In a notice to the Nigerian Stock Exchange, the bank's Acting Company Secretary, Adewale Arogundade, made the announcement. The completion of the cumulative 12-year term for a Non-Executive Director, in accordance with the Central Bank of Nigeria's Corporate Governance Guidelines, led to this change.

Ebenezer Olufowose joined the Board of Directors of First Bank of Nigeria Limited on April 29, 2021. As the Group Managing Director of First Ally Capital Limited, an investment banking firm based in Lagos, he brings over 36 years of experience in the financial services industry. His expertise spans Corporate Finance, Project Finance, and Investment Banking.

Before joining the FirstBank Board, Ebenezer served as an Executive Director at Access Bank Plc and Citibank Nigeria. At Citigroup, he played a key role in the origination, structuring, and execution of corporate finance and investment banking transactions in Nigeria. His banking career began in 1985 at NAL Merchant Bank Plc (NAL), where he worked in the Corporate Planning and Finance Departments.