First HoldCo Plc has announced fresh board appointments across its non-commercial banking subsidiaries, following approvals from the Securities and Exchange Commission and the National Insurance Commission.
The company said the changes are aimed at strengthening management oversight and aligning the Group’s governance framework with global best practices.
The appointments form part of a wider strategy to reinforce leadership and enhance operations across key business lines, including asset management, insurance, and securities brokerage.
At First Asset Management Limited, Ebikabo Williams has been appointed Chairman, bringing broad experience in banking, capital markets, and consulting.
She is joined on the board by Usman Dantata Jr., Binta Max Gbinije, and Alero Mobola Adollo, reinforcing the firm’s leadership in Nigeria’s asset and wealth management space.
At FirstCap Limited, Yewande Amusan has been named Chairman, with Ahmed Indimi, Irene Akpofure, Adenike Kuti, and Zeal Akaraiwe serving as board members.
At First Securities Brokers Limited, John Akpeki has been appointed Chairman, with Omolara Adeyemi, Susan Younis, and Kemi Andu-Alausa also joining the board.
Meanwhile, First Trustees Limited named John Lee as Chairman, supported by board members Abiola Alabi, Adebisi Sola-Adeyemi, and Ugochukwu Obi-Chukwu.
Group Chairman Femi Otedola, CON, commended the new appointees, noting that their depth of experience would drive value creation and further strengthen FirstHoldCo’s position as a pan-African leader.
The latest board changes form part of the Group’s broader effort to reinforce leadership across its subsidiaries.
By appointing professionals with diverse industry expertise, FirstHoldCo is also aligning with regulatory expectations while responding to intensifying competition in Nigeria’s financial services sector.
Commenting on the appointments, Group Chairman Femi Otedola stated, “These appointments reaffirm our commitment to building resilient businesses that contribute meaningfully to economic development in the broader ecosystem in which we operate.”
