FirstBank Appoints MD for FBN Mortgages

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BY PRECIOUS ADI

Mr. Adenrele Oni has been appointed by First Bank of Nigeria Limited as the Managing Director of FBN Mortgages Limited, a subsidiary of First Bank of Nigeria. 

Prior to this, Mr. Oni was the Chief Representative Officer for the First Bank’s South African office and President South Africa, Nigeria Chamber of Commerce and he is on the Board of Nigerians in Diaspora Organization in South Africa (NIDO SA).

first bankAccording to the Group Managing Director of FirstBank, Mr. Bisi Onasanya, the choice of the new Managing Director of our Mortgages subsidiary is in line with the Bank’s commitment to sustaining the on-going corporate transformation, as well as enhance the capacity of the Senior Management whilst deepening specialization and strengthening the corporate governance culture of the Bank.

He said “His track record typifies our bank’s value system hinged on dependability, entrepreneurship, integrity and resilience and I have no doubt that he will make the expected impact as we make progress with the bank’s focused transformation for sustainable growth and development.”

Mr. Oni a Fellow of the Chartered Institute of Taxation of Nigeria (FCTI) is an experienced banker with over 20 years’ professional practice under his belt. He is an Accounting graduate of the University of Ilorin and holds a Masters of Business Administration (MBA) from the University of Calabar.

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