FirstBank of Nigeria Limited, a subsidiary of First HoldCo Plc, has appointed Dr Julius B. Omodayo-Owotuga as Executive Director, effective May 13, 2026, in a move aimed at strengthening its leadership across finance, governance, risk management and transformation.

The appointment, announced via a filing on the Nigerian Exchange, noted that Omodayo brings 24 years of experience spanning banking, infrastructure finance, power, oil and gas, auditing and consulting.

The board said the move underscores the group’s commitment to strong governance, disciplined execution, financial resilience and sustainable long-term growth across its businesses.

Omodayo-Owotuga is widely regarded as a turnaround expert, particularly for his impact at Forte and Geregu.

Dr. Omodayo-Owotuga has held senior leadership positions across financial institutions and corporate organisations, with extensive experience spanning finance, risk management, treasury operations, internal controls, and advisory services.

He holds a bachelor’s degree in Accounting, a Master of Business Administration, and a Doctor of Business Administration.

He is also an alumnus of Saïd Business School, University of Oxford; IE Business School; Geneva Business School; and the University of Lagos.
Professionally, he is a CFA Charterholder and a KPMG-trained accountant.

He is a Fellow of the Institute of Chartered Accountants of Nigeria, the Chartered Institute of Taxation of Nigeria, and the Institute of Credit Administration, and a member of the Institute of Directors Nigeria.

Earlier, he served as a Non-Executive Director on the board of First HoldCo Plc from 2021 to 2026.

His elevation to the board of its banking subsidiary has been welcomed by the group and approved by the Central Bank of Nigeria.