Dr. Julius Omodayo-Owotuga
In a strategic move to bolster its leadership team, First Bank of Nigeria Limited has appointed Dr. Julius Omodayo-Owotuga as an Executive Director, effective May 13, 2026.
The appointment was disclosed Thursday in a public notice filed with the Nigerian Exchange Limited and signed by Company Secretary Abiola Baruwa on behalf of First HoldCo Plc. It received approval from the Central Bank of Nigeria and shared with investors.
Omodayo-Owotuga joins the bank’s leadership with 24 years of experience in banking, financial services, infrastructure finance, power, oil and gas, and audit and consulting. The bank said his role will strengthen oversight in strategic finance, governance, risk management, and institutional transformation.
He previously served as a Non-Executive Director on the Board of First HoldCo Plc between 2021 and 2026. Before that, he was Deputy Chief Executive at Geregu Power Plc, where he led governance restructuring, capital market positioning, and operational optimisation ahead of the company’s NGX listing.
Omodayo-Owotuga also served as Group Executive Director for Finance and Risk Management at Forte Oil Plc, now Ardova Plc, leading financial restructuring, capital raising, and enterprise risk management. His earlier roles include positions at Africa Finance Corporation, Standard Chartered Bank, KPMG Professional Services, and MBC International Bank.
He is a CFA charter holder and a fellow of the Institute of Chartered Accountants of Nigeria, the Chartered Institute of Taxation of Nigeria, and the Institute of Credit Administration. He holds a doctorate in Business Administration, an MBA, and a bachelor’s degree in Accounting, and is an alumnus of the University of Oxford and IE Business School.
First Bank said the appointment reflects its commitment to strong governance, disciplined execution, and long-term growth.
