First Bank appoints Iyamabo as new CFO

First Bank appoints Iyamabo as new CFO

First Bank of Nigeria Limited has announced appointment of Mr. Patrick Iyamabo as new Chief Financial Officer (CFO) of the bank.

The lender’s in a statement sent to the Nigerian Stock Exchange (NSE) today in Lagos said the board of the bank has approved the appointment of Mr. Patrick Iyamabo as the Chief Financial Officer (CFO) subject to the approval of the Central Bank of Nigeria.

Mr. Patrick Iyamabo will be assuming the CFO role which was hitherto held by Dr. Kazeem Adeduntan before his appointment as the Managing Director of the Bank.

Iyamabo 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.