BrandArena: Onasanya bows out as FirstBank Group Managing Director

Thursday 28 May 2015

Onasanya bows out as FirstBank Group Managing Director

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc has announced the retirement of Mr. Bisi Onasanya as Group Managing Director/Chief Executive Officer, First Bank of Nigeria Limited at the successful completion of his tenure effective from the end of the current Financial Year on December 31 2015.

Mr. Bisi Onasanya
Mr. Onasanya’s successor will be announced in the last quarter prior to his exit,  according to a statement by Folake Ani-Mumuney, Global Head, Marketing & Corporate Communications of the bank on Wednesday.

The statement said Mr. 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 publics.”

It said,  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.

A seasoned banker and chartered accountant, Mr. Onasanya is a highly respected and personable executive who has established a reputation at FirstBank for solid performance and sound judgment. He is widely reputed as the architect of the modern FirstBank, associated with various innovative and creative achievements.

He was Project Coordinator of Century 2 the new frontier, FirstBank’s far-reaching enterprise transformation project at the turn of the century, as well as Project Coordinator of the FirstBank Corporate Transformation project which has seen the bank accentuating its foothold on modernisation. Mr. Onasanya also superintended the latest composite Corporate Identity/Brand Refresh of the FirstBank Group, a bold step heralding the international expansion of the FirstBank brand.

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