who is the owner of first bank of nigeria
Name of parent/ Guardian of child under 18: FirstBank Privacy Policy for Curious Learning. Kingsley Aigbokhaevbo Executive Director. In 1991 the Bank changed its name to First Bank of Nigeria Plc following listing on The Nigerian Stock Exchange. As a brand of fortitude, strength and innovation in the Nigerian financial sector, following its adoption of a holding company structure, FirstBank on January 27, 2014 unveiled a refreshed corporate identity, including that of all its subsidiaries, designed to reflect the company’s strategic direction and position it to meet the future needs of the market. FirstBank was named “The Best Bank Brand in Nigeria” for five years in a row – from 2011 to 2015. 1971 – First listing on the Nigerian Stock Exchange (NSE). The Bank was founded by Sir Alfred Jones, a shipping magnate from Liverpool, England. The Bank’s role in ensuring methodical and rapid economic transformation has been further strengthened through the FirstBank Impact Series, the policy and thought leadership initiative of the Bank. These recent acquisitions are major landmarks in FirstBank’s plan for growing its sub-Saharan African footprint. Our brand purpose is to always put our stakeholders, customers and partners at the heart of our business, even as we are poised to standardise customer experience and excellence in financial solutions across Sub Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Also, in order to provide enhanced support for smaller businesses, there has been a reorganisation of the Corporate Banking SBU to spin out the Commercial Banking SBU. The entity from which the bank was founded City Securities Limited, was established in 1977 by Oloye Subomi Balogun, the Otunba Tunwashe of Ijebu, a Yoruba traditional aristocrat. Our brand is at the heart of the holistic experience we seek to deliver to our stakeholders perpetually, which is essential to retaining patronage and the competitive edge that keeps us at the coveted position of the market leader. To ensure you have the access you need on the e-learning platform, You may request to update your personal information with FirstBank, You may request your account and personal information deleted, Where you have concerns relating to the processing of your personal data by FirstBank, please notify us through. It had about 790 branches in 2012, serving countries such as Ghana, Nigeria, Sierra Leone, South Africa, and the UK. Their head office is located at Primose Towers, 17a, Tinubu Street, Lagos. In October 2011, the Bank acquired a new subsidiary, Banque International de Credit (BIC), one of the leading banks in the Democratic Republic of Congo. Headquartered in Lagos, First Bank of Nigeria operates through four major Strategic Business Units (SBUs): Retail Banking, Commercial Banking, Corporate Banking, and Public Sector Banking. In recognition of his immense contributions to the Banking & Payments Industry in Nigeria, he was commended by the Central Bank of Nigeria for his contributions in securing the Nigerian Payments System through the Nigeria electronic Fraud Forum (Neff) and for his outstanding contribution towards the success of the e-dividend Mandate Management System (e-DMMS) portal project implementation. First Bank of Nigeria. Enterprise Bancorp, Inc. is the holding company of Enterprise Bank and Trust Company, Enterprise Bank and Trust Company is commonly referred to as Enterprise Bank. First Bank of Nigeria Limited (“FirstBank”), established in 1894, is the premier Bank in West Africa, Nigeria’s number one bank brand and the leading financial services solutions provider in Nigeria. Originally a corporate bank, the organization acquired personal and business banking platforms from Nigeria’s International Commercial bank in 2012. FirstBank is a well-diversified financial services group and the largest private sector financial services provider in sub-Saharan Africa (ex-South Africa). In June 2009, Stephen Olabisi Onasanya was appointed Group Managing Director/Chief Executive Officer, replacing Sanusi Lamido Sanusi, who had been appointed Governor of the Central Bank of Nigeria. The business group offers life and general insurance services as well as insurance brokerage services. After three years of certification, FirstBank has successfully implemented the recertification of ISO/IEC 27001:2005 in 2013. FirstBank also operates First Pension Custodian Nigeria Limited, Nigeria’s foremost pensions custodian. A bank could provide a secure home for deposits and also a uniform medium of exchange. The processing may occur in locations (some outside Nigeria) with different levels of data privacy maturity but from where these services are most effectively rendered. FirstBank is present in the United Kingdom and France through its subsidiary, FBN Bank (UK) Limited with branches in London and Paris; and in Beijing with its Representative Offices there. He has also worked at Continental Trust Bank Ltd, Kano as a Senior Analyst and at the defunct Oceanic Bank International Nigeria Ltd. You complete any online form created by FirstBank at our online service point requesting for such personal information. The common stock of Enterprise Bancorp, Inc. is traded on the NASDAQ Stock Market under the symbol "EBTC". The founder, Alfred Lewis Jones, was a shipping magnate who originally had a monopoly on importing silver currency into West Africa through his Elder Dempster shipping company. History. The Bank was first listed on The Nigerian Stock Exchange (NSE) in March 1971 and won the NSE’s Annual President’s Merit Award for the best financial report in the banking industry a record thirteen times. The Series is run through insightful, actionable and change-centered conferences, workshops, seminars, strategy sessions, and policy implementation road-shows to drive far-reaching changes in the society. According to its founder, without a bank economies were reduced to using barter and a wide variety of mediums of exchange, leading to unsound practices. The Bank supports acquisition of stakes in Oil Mining Leases (OMLs), financing development of oilfields, financing cash calls for both operating and capital expenditures through Strategic Alliance Contracts. The teeming customers of the FirstBank Group are serviced from a network of over 700 business locations across Africa. Consequently, we work daily to implement best practices through our culture and ultimately enable our employees to understand our customers’ lives and be driven to meet their needs appropriately. At the same time, citizens began to trust British banks since there was an 'independent' financial control mechanism and more citizens began to patronise the new Bank of West Africa. Award by the Asian Banker on the Nigerian Stock Exchange Nigeria 's military Government sought to local! Interacts with our stakeholders and demonstrates an understanding of their busy modern lives or businesses, to capture across... The deep blue colour represents momentum, innovation and evolution the former Universal Trust Bank and. Company before the implementation of a new corporate identity as a senior Analyst, Product Owner at first Bank the... Its already established banking and non-banking businesses million shareholders the launch of a representative office in Johannesburg, South.. 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