Ebenezer Olufowose Appointed First Bank Chairman

First Bank has appointed Ebenezer Olufowose as chairman, underscoring its commitment to governance, risk discipline, and steady innovation. The bank says the move aligns with its long-term strategy to deepen retail and SME footprints while investing in digital capabilities. Analysts note that leadership continuity, strong balance sheet management, and customer-focused products will remain critical in a competitive market. Stakeholders will watch early board decisions on capital allocation, technology partnerships, and service quality benchmarks.