{"id":39030,"date":"2015-05-31T13:15:04","date_gmt":"2015-05-31T12:15:04","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=39030"},"modified":"2015-05-31T13:15:04","modified_gmt":"2015-05-31T12:15:04","slug":"onasanya-retires-as-firstbank-group-managing-director","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/onasanya-retires-as-firstbank-group-managing-director\/","title":{"rendered":"Onasanya retires as FirstBank Group Managing Director"},"content":{"rendered":"<p>\u2026 Highly reputed as architect of the modern FirstBank<\/p>\n<p>Mr. Bisi Onasanya is set to retire at a high point of his career as Group<br \/>\nManaging Director\/Chief Executive Officer, First Bank of Nigeria Limited,<br \/>\na subsidiary of FBN Holdings Plc and Nigeria\u2019s most valuable banking<br \/>\nbrand, at the successful completion of his tenure.<\/p>\n<p>His retirement takes effect at the end of the current Financial Year on<br \/>\nDecember 31 2015. Mr. Onasanya is retiring on the heels of an inspiring<br \/>\nand enviable career spanning over three decades of diverse management and<br \/>\noperational experience, 21 years of which he has spent with FirstBank,<br \/>\nserving meritoriously in the last six years as Group Managing<br \/>\nDirector\/CEO. He has been able to stabilise and modernise the expanding<br \/>\nFirstBank brand since his appointment in 2009, thus reinforcing the<br \/>\nconfidence of the bank\u2019s diverse stakeholders and the global financial<br \/>\npublics.<\/p>\n<p>Mr. Onasanya\u2019s successor will be announced in the last quarter prior to<br \/>\nhis exit. This is in sync with FirstBank\u2019s corporate governance practice,<br \/>\nwhich provides for seamless transition for the office of Group Managing<br \/>\nDirector. As is well known, FirstBank\u2019s corporate governance posture has<br \/>\nwon it much respect and awards both locally and internationally.<\/p>\n<p>A seasoned banker and chartered accountant, Mr. Onasanya is a highly<br \/>\nrespected and personable executive who has established a reputation at<br \/>\nFirstBank for solid performance and sound judgment. He is widely reputed<br \/>\nas the architect of the modern FirstBank, associated with various<br \/>\ninnovative and creative achievements. He was Project Coordinator of<br \/>\nCentury 2 the new frontier, FirstBank\u2019s far-reaching enterprise<br \/>\ntransformation project at the turn of the century, as well as Project<br \/>\nCoordinator of the FirstBank Corporate Transformation project which has<br \/>\nseen the bank accentuating its foothold on modernisation. Mr. Onasanya<br \/>\nalso superintended the latest composite Corporate Identity\/Brand Refresh<br \/>\nof the FirstBank Group, a bold step heralding the international expansion<br \/>\nof the FirstBank brand.<\/p>\n<p>A corporate strategy and development pacesetter, Mr. Onasanya has ensured<br \/>\nthe steady internationalisation of FirstBank, which under his leadership<br \/>\nnow boasts of subsidiaries with operations across Africa, Europe, the<br \/>\nMiddle East and Asia.<\/p>\n<p>He is also reputed as a people person having pioneered significant<br \/>\ntransformation in the development of staff at FirstBank. His tenure saw<br \/>\nthe transformation of the bank\u2019s training centre into FirstAcademy, a best<br \/>\nin class corporate university that recently clinched the 2015 Global<br \/>\nCouncil of Corporate Universities Award for best impact by a corporate<br \/>\nuniversity on the implementation of business strategies. The bank has also<br \/>\nreceived the highly coveted Best Place to Work award.<\/p>\n<p>An articulate and insightful thought leader in the financial services<br \/>\nindustry, Mr. Onasanya has made meaningful contributions as a member of<br \/>\nthe Bankers Committee and is the Chairman of the Sub Committee on Ethics<br \/>\nand Professionalism. He has served as a member of the Chartered Institute<br \/>\nof Bankers Sub-Committee on Fiscal and Monetary Policies and a member of<br \/>\nthe Presidential Committee on Reduction of Interest Rates. He has also<br \/>\ndelivered several papers and served on various conferences C-Suite panels<br \/>\nacross the globe. He is Editor of the new book, \u201cPerspectives on Banking<br \/>\nin Nigeria\u201d, featuring a collection of learned articles by banking and<br \/>\nfinance professionals including operators, regulators and academics.<\/p>\n<p>Mr. Onasanya is a Director of Africa Finance Corporation (AFC) and has<br \/>\nbeen Chairman of First Registrars Nigeria Limited, Kakawa Discount House<br \/>\nLimited, FBN Bank UK Limited and Unified Payments Limited. A Fellow of the<br \/>\nInstitute of Chartered Accountants of Nigeria he is also an Associate<br \/>\nMember of the Nigerian Institute of Taxation and a Fellow and Member of<br \/>\nCouncil of the Chartered Institute of Bankers. Mr. Onasanya was early in<br \/>\n2015 honoured as The Sun Man of the Year 2014 and Newswatch Man of the<br \/>\nYear 2014 respectively, in recognition of his outstanding contributions to<br \/>\nnational development in the financial services industry.<\/p>\n<p>Under Mr. Onasanya\u2019s leadership FirstBank has been back to back winner of<br \/>\nboth national and international awards, having been named \u201cThe Best Bank<br \/>\nBrand in Nigeria\u201d four times in a row \u2013 2011, 2012, 2013, and 2014 \u2013 by<br \/>\nthe globally renowned \u201cThe Banker Magazine\u201d of the Financial Times Group.<br \/>\nFor four consecutive years, 2012, 2013, 2014, and 2015 FirstBank has been<br \/>\nnamed the \u201cBest Retail Bank in Nigeria\u201d by the Asian Banker International<br \/>\nExcellence in Retail Financial Services Awards. Other recent awards<br \/>\ninclude the \u201cBest Bank in Nigeria\u201d in the Euromoney Awards for Excellence,<br \/>\n\u201cBest Bank in West Africa\u201d and \u201cMost Innovative Bank in Africa\u201d in the<br \/>\nAfrican Banker Awards, \u201cBest Bank in Nigeria\u201d in the EMEA Finance African<br \/>\nBanking Awards for the fourth time, \u201cBest Foreign Exchange Services in<br \/>\nAfrica\u201d in the EMEA Finance Treasury Services Awards, \u201cBest Banking Group<br \/>\nin Nigeria\u201d by World Finance Banking Awards, and \u201cBest Financial Reporting<br \/>\nCompany\u201d by Africa Investor<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>\u2026 Highly reputed as architect of the modern FirstBank Mr. Bisi Onasanya is set to retire at a high point of his career as Group Managing Director\/Chief Executive Officer, First&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":39031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-39030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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