Adeduntan resumes as FirstBank CEO




First of Nigeria (FBN) on Friday confirmed that Dr Adesola Adeduntan had resumed as the Chief Executive Officer in line with the directives of the Central of Nigeria ().

A statement by the management of the said Adeduntan had resumed as directed by the apex .

“We can confirm that the is cooperating with the Central of Nigeria and other regulators while the operations of the are not hampered or hindered in any way and are in fact running smoothly.

“We further wish to reassure the public, our esteemed customers and stakeholders in the words of the Governor of the Central Bank in concluding his press conference,” said the statement.

The governor had said, “The hereby reassures the depositors, creditors and other stakeholders of the bank of its commitment to ensuring the stability of the financial system.”

According to the management of , there is, therefore, no cause for panic amongst the banking public, given that the actions being taken are meant to strengthen the bank and position it as a banking industry giant. ()

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