First Bank appoints Olusegun Alebiosu as Chief Risk Officer

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United Bank for Africa

First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Olusegun Alebiosu as its new Chief Risk Officer (CRO). Prior to this appointment, Olusegun was the Chief Risk Officer of Coronation Merchant Bank.

Mr. Alebiosu’s appointment, which is still subject to approval by the Central Bank of Nigeria (CBN), is consistent with FirstBank’s focus on corporate governance and best practice, and ensuring a balance of knowledge, judgment and experience at the highest ddecision-making level in the Bank.

Before joining Coronation Merchant bank in 2015, Olusegun at various times, worked with African Development Bank group and United Bank for Africa Plc as an experienced Chief Credit Risk Officer and Deputy Chief Credit Officer respectively.

Olusegun has over 24years of extensive experience across various sectors of banking and has garnered diverse hands-on experience covering financial planning and control, Corporate, Commercial and Investment Banking, relationship management and risk management which will be immensely beneficial to the Bank in his new role as Chief Risk Officer.

Olusegun Alebiosu is a qualified accountant with over 24years post qualification experience. He holds a Bachelor’s degree in Industrial Relations & Personnel Management and a Master of International Law & Diplomacy both from the University of Lagos. In addition, he obtained a Master of Science degree (MSc) in Development Studies from the prestigious London School of Economics and Political Science (LSE) and he is an alumni of Harvard Kennedy School of Government.

He is a member of various professional bodies, including Institute of Chartered Accountants of Nigeria, Nigerian Institute of Management (ANIM) and Nigerian Institute of International Affairs.