President Bola Tinubu congratulated Dr. Adesola Adeduntan, the former CEO of First Bank Nigeria Limited, for his years of service at the country’s oldest bank. This was shared in a statement by the President’s Special Adviser on Information & Strategy, Bayo Onanuga.
This weekend, First Bank will hold a farewell event to honor Adeduntan, who led the bank for nine years. He stepped down unexpectedly in April, about eight months before his term was supposed to end in December 2024.
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In his statement, President Tinubu praised Adeduntan for his leadership, highlighting that under his guidance, the bank grew its customer base from 10 million to over 42 million and increased its profits dramatically. The President noted that these achievements show Adeduntan’s strong leadership and dedication.
Tinubu also recognized Adeduntan’s valuable contributions to various important roles in Nigeria’s economy and the financial sector. He appreciated the bank’s internal management system, which allowed for a smooth transition to the new CEO, Olusegun Alebiosu.
