First HoldCo Plc has approved a series of board appointments across its non-commercial banking subsidiaries, as the group moves to reinforce corporate governance and position its businesses for long-term growth.
The appointments, which received regulatory clearance from the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM), span asset management, capital markets, trusteeship and insurance operations within the group.
At First Asset Management Limited, Ebikabo Williams has been named Chairman of the Board. Williams brings extensive experience across banking, capital markets and consulting. She will work alongside board members Usman Dantata Jr., Binta Max Gbinije and Alero Mobola Adollo, appointments expected to further strengthen the firm’s leadership in Nigeria’s asset and wealth management sector.
FirstCap Limited has appointed Yewande Amusan as Chairman. A seasoned finance professional with experience in both the public and private sectors, Amusan will be joined on the board by Ahmed Indimi, Irene Akpofure, Adenike Kuti and Zeal Akaraiwe.
Meanwhile, First Securities Brokers Limited has named John Akpeki as Chairman. The brokerage firm recently ranked as the top-performing broker in the Nigerian Exchange (NGX) Brokers Performance Report by both trading volume and transaction value. Akpeki is joined by Omolara Adeyemi, Susan Younis and Kemi Andu-Alausa.
First Trustees Limited, one of the group’s longest-established subsidiaries in trust and estate management, has appointed John Lee as Chairman. Lee brings over four decades of experience in global financial services, with expertise in corporate and institutional banking as well as wealth management across Africa. Other board members include Abiola Alabi, Adebisi Sola-Adeyemi and Ugochukwu Obi-Chukwu.
In the insurance segment, First Insurance Brokers has appointed Akinola Phillips as Chairman. The firm, which marked its 25th anniversary last year, also welcomed Ije Onejeme, Folukemi Akinmeji and Mojisola Cardozo to its board.
Commenting on the appointments, First HoldCo Plc Chairman, Femi Otedola, said the new directors bring deep expertise and strong leadership credentials that will support the group’s next phase of growth.
“These appointments reaffirm our commitment to building resilient businesses that enhance stakeholder value and contribute meaningfully to economic development across the ecosystem in which we operate,” Otedola said.
