Nigeria’s First Bank gets new CFO

Nigeria First Bank has appointed Patrick Iyamabo as its new chief financial officer (CFO), to replace its current chief executive Kazeem Adeduntan who was moved up this year.

According to a statement by the bank Iyamabo will be assuming the CFO role which was hitherto held by Adeduntan before his appointment as the Managing Director of the Bank.
The new CFO has over 20 years’ extensive experience spanning across various industries both within and outside the country and has cross-functional exposures covering areas such as Audit, Strategic Management, Mergers & Acquisition (M&A) and Finance.
Until his appointment, Iyamabo served as the CFO for the FCMB Group with oversight responsibility for Accounting & Finance, Capital and Liquidity Management, Mergers & Acquisition, Portfolio Management and Investor Relations.
He also led the restructuring and merger of FinBank Plc into FCMB in 2012.