FirstBank appoints Iyamabo as Executive Director

First Bank of Nigeria Limited, has announced the appointment of Mr. Patrick Iyamabo, as an Executive Director. The appointment is subject to the approval of the Central Bank of Nigeria (CBN). 

Prior to Mr. Iyamabo’s appointment as Executive Director of FirstBank, he served as the Chief Financial Officer of FirstBank and its subsidiaries, having joined the Bank in August 2016 from First City Monument Bank Limited where he served as its Senior Vice President of Strategy and M&A and then the Group Chief Financial Officer of FCMB Holdings.  

Patrick Iyamabo joined FirstBank as part of the effort to strategically turnaround the group and address fundamental challenges facing the institution at that time. He has been responsible for strategic leadership and supervision of financial control, internal control and enhancement, procurement, general services/administrative services, business performance monitoring, subsidiary finance and capital management and enterprise data management and analytic function.  

With over 27 years of professional experience in assurance, risk management, business development, accounting and finance with Nigerian and multinational institutions within and outside the country, the newly appointed Executive Director previously worked at Arthur Andersen (“AA”) as auditor and strategy consultant, where he was a co-founding member of the Information Risk Management practice of AA.