FirstHoldCo Plc has announced a series of strategic board appointments across its non-commercial banking subsidiaries, aiming to enhance corporate governance, oversight, and sustainable growth. The appointments, approved by the Securities and Exchange Commission and the National Insurance Commission, are part of the Group’s long-term plan to align its operations with international best practices in leadership and governance.
The newly appointed board members bring extensive experience across banking, capital markets, insurance, asset management, and consulting. Their collective expertise is expected to support the subsidiaries in expanding products, improving service delivery, and reinforcing stakeholder confidence. Group Chairman Femi Otedola emphasized that these appointments are critical for shaping the next phase of the company’s growth and delivering value across the African financial ecosystem.
At First Asset Management Limited, Ebikabo Williams has been named Chairman of the Board. She will be joined by Usman Dantata, Binta Gbinije, and Alero Adollo to strengthen the company’s presence in Nigeria’s asset and wealth management sector. Meanwhile, FirstCap Limited appointed seasoned finance professional Yewande Amusan as Chairman, with Ahmed Indimi, Irene Akpofure, Adenike Kuti, and Zeal Akaraiwe joining the board to drive further growth in capital markets.
In the securities and trust segments, First Securities Brokers Limited welcomed John Akpeki as Chairman, alongside board members Omolara Adeyemi, Susan Younis, and Kemi Andu-Alausa, while First Trustees Limited appointed John Lee, a global banking veteran, as Chairman with Abiola Alabi, Adebisi Sola-Adeyemi, and Ugochukwu Obi-Chukwu joining the board. These moves are expected to consolidate the subsidiaries’ competitive positions and improve operational excellence across their services.
In the insurance sector, First Insurance Brokers Limited marked its 25th anniversary with the appointment of Akinola Phillips as Chairman, supported by Ije Onejeme, Folukemi Akinmeji, and Mojisola Cardozo. Otedola highlighted that these appointments reflect the Group’s commitment to building resilient, innovative businesses that contribute meaningfully to Nigeria’s economic development while maintaining the highest standards of governance and professionalism.
source: punch