FirstBank appoints Julius Omodayo-Owotuga as Executive Director

By InstinctBusiness May 15, 2026 0

FirstBank of Nigeria Limited has announced the appointment of Dr. Julius B. Omodayo-Owotuga as Executive Director,

The appointment, which has received approval from the Central Bank of Nigeria (CBN), was formally disclosed in a notice filed with the Nigerian Exchange Limited.

It is expected to significantly strengthen the bank’s leadership in strategic finance, governance, risk management, and institutional transformation.

According to the notice signed by the Company Secretary of First HoldCo Plc, Abiola Baruwa, Dr. Omodayo-Owotuga brings 24 years of rich and diverse experience spanning banking and financial services, infrastructure finance, power, oil & gas, audit, and consulting.

“Dr. Julius B. Omodayo-Owotuga brings twenty-four (24) years of experience spanning banking and financial services, infrastructure finance, power, oil & gas, and audit and consulting,” the statement read. “His appointment reflects the Bank’s continued commitment to strong governance, disciplined execution, financial resilience, and sustainable long-term growth.”

Prior to this appointment, Dr. Omodayo-Owotuga served as a Non-Executive Director on the Board of First HoldCo Plc from 2021 to 2026. He most recently served as Deputy Chief Executive of Geregu Power Plc, where he played a key role in governance restructuring, operational optimisation, and the company’s successful listing on the Nigerian Exchange.

He previously held the position of Group Executive Director for Finance and Risk Management at Forte Oil Plc (now Ardova Plc), where he led major financial restructuring, capital raising, and enterprise risk management initiatives. His career also includes senior roles at Africa Finance Corporation, Standard Chartered Bank, KPMG Professional Services, and MBC International Bank.

A Chartered Financial Analyst (CFA), Dr. Omodayo-Owotuga is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), the Chartered Institute of Taxation of Nigeria (CITN), and the Institute of Credit Administration.