FirstBank GMD Onasanya bows out December
Bisi Onasanya, the group managing director/Chief Executive Officer of the First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, is set to retire at a high point of his career after completing his tenure 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 spent with FirstBank, serving 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.
Onasanya’s successor according to the release from the bank would be announced in the last quarter prior to his exit, in accordance with FirstBank’s corporate governance practice, which provides for seamless transition for the office of Group Managing Director.
A seasoned banker and chartered accountant; 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.
Onasanya also superintended the latest composite Corporate Identity/ and Brand Refresh of the FirstBank Group, a bold step heralding the international expansion of the FirstBank brand.
A corporate strategist and development pacesetter, Onasanya has ensured the steady internationalisation of FirstBank, which under his leadership now boasts of subsidiaries with operations across Africa, Europe, the Middle East and Asia.
His tenure witnessed the transformation of the bank’s training centre into First Academy, a best in class corporate university that recently clinched the 2015 Global Council of Corporate Universities Award for best impact by a corporate university on the implementation of business strategies. The bank has also received the highly coveted best place to work award.
An articulate and insightful leader in the financial services industry, Onasanya has made meaningful contributions as a member of the Bankers Committee and is the Chairman of the sub-committee on ethics and professionalism. He has served as a member of the Chartered Institute of Bankers sub-committee on Fiscal and Monetary Policies and a member of the Presidential Committee on reduction of interest rates.
[Business Day]
Ogedegbe Martins
May 28, 2015 at 11:08 pm
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