Finance

FBN Holdings appoints Ariyibi, Iyamabo executive directors

FBN Holdings Appoints Ariyibi, Iyamabo Executive Directors

FBN Holdings Plc has approved the appointment of Samson Oyewale Ariyibi and Patrick Iyamabo as executive directors of the company.

Adewale Arogundade, Acting company secretary, while making the disclosure, said Samson will serve as the Executive Director, Investment Management and Oversight of FBN Holdings Plc, while Patrick will lead as the Executive Director, Chief Financial Officer of its flagship subsidiary, FirstBank of Nigeria Limited.

The company however, stated that that appointment is subject to approval by the Central Bank of Nigeria as well as the shareholders at the next annual general meeting of the company.

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Samson Oyewale Ariyibi is an award-winning professional with about 32 years of work experience spanning banking and allied finance services, business assurance, tax management and consulting, having served in senior management role at various global organizations and proudly Nigerian companies including Ernst & young, PricewaterhouseCoopers, Standard Chartered Bank and Transnational Corporation of Nigeria Plc (Transcorp) where he was the chief financial officer prior to joining FBN Holdings Plc.

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Ariyibi joined FBNH on September 30, 2013, as the pioneer Head of Finance. He was promoted to General Manager and appointed as the Chief Financial Officer in 2016. 

He has demonstrated an extreme sense of responsibility and diligence in contributing to the success of FBNH leveraging on his core competencies in strategy and corporate planning, capital management, financial accounting, regulatory reporting, operational risk management, compliance, business assurance amongst others.

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He holds a Bachelor’s degree Second Class Honour Upper Division in Microbiology from the University of Ilorin and a Masters in Business Administration (MBA) – Marketing from the University of Lagos. 

Patrick Iyamabo is the Chief Financial Officer of First Bank of Nigeria Limited (FirstBank) and its subsidiaries. Prior to joining FirstBank in 2016, he was Senior Vice President of Strategy and M&A at First City Monumental Bank limited and then the Group Chief Financial Officer of FCMB Holdings Plc.

Independent

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