Are you a customer of FirstBank and will want to know who owns the bank? Then, this guide’s purpose is to inform you of the owner of FirstBank.
So, it will be advisable to read till the end of this guide to help apprehend every piece of information shared about FirstBank.
FirstBank has provided Nigerians with financial banking services for a long time, with more success recorded in its name.
The good and quality services of the financial institution are why it keeps attracting new customers from all walks of life.
The bank is passionate about infusing technology into banking, which has made banking with FirstBank convenient.
Today, it doesn’t matter where you are nor the time of the day, and you can still make transactions with your FirstBank account without visiting the bank premises.
You might be marveled by the products and services of FirstBank and will want to know the owner and team behind the bank’s success.
Then, let’s proceed further with some more vital discussions about FirstBank Nigeria.
Table of Contents
What Is FirstBank Nigeria
FirstBank Nigeria Limited is a financial institution established in 1894 as the Bank of British West Africa (BBWA).
The bank has undergone many name changes, and in 2012 the bank changed its name to FirstBank Nigeria Limited.
FirstBank has over 53,000 agent locations in Nigeria and has the largest customer base in West Africa, which is 18 million customers.
There are many success stories and awards in the name of FirstBank, and the bank made history in Nigeria after winning the Best Retail Bank In Nigeria for eight (8) consecutive years (2011-2018).
Was FirstBank First In Nigeria
Yes, FirstBank was the first bank to start operating as a financial institution in Nigeria in 1894.
The bank then acquired its first competitor in 1912, which means it was the only bank in Nigeria for 18 years.
The Bank of Nigeria (formerly known as Anglo-African Bank) was the bank that emerged in 1912 to compete with FirstBank.
Who Is The Owner Of FirstBank
FBN Holdings PLC owns FirstBank Nigeria. A well-diversified and one of Africa’s largest financial service organizations.
FBN Holdings PLC deals in commercial banking, merchant banking, capital markets, trusteeship, and insurance brokerage.
Who Is The CEO Of FirstBank
Dr. Adesola Kazeem Adeduntan is the CEO of FirstBank Nigeria and gained his appointment on January 1, 2016.
Before he was appointed the CEO of FirstBank, he was the Executive Director and Chief Financial Officer of FirstBank from 2014.
“Sola” has held several positions in many other prestigious financial institutions in Nigeria, which have helped him garnered expertise in diverse areas in the financial sector.
Where Is The Headquarters Of FirstBank
Being the premier bank in West Africa and operating as a parent company in Nigeria, FirstBank has its headquarters in Lagos.
That is the information we can share to inform our readers about the owner of FirstBank.
