CEOs of FirstBank, Stanbic IBTC, IHS Nigeria join NESG board 

The Nigerian Economic Summit Group (NESG) has announced the appointment of Mr Wole Adeniyi, Mr Mohamad Darwish and Mr Olusegun Alebiosu to its board. 

“These appointments underscore the NESG’s unwavering commitment to fostering visionary leadership and partnerships with business leaders and private sector champions to transform the Nigerian economy,” the private sector-led think tank said in a statement on Tuesday.

Adeniyi is the Chief Executive Officer of Stanbic IBTC Bank Ltd and is responsible for driving the institution’s strategy across her Technology, Digital transformation, Corporate & Investment Banking arm, and Retail banking arm. Before assuming this role, he was the Deputy Chief Executive Officer of the Bank. Until July 2020, He was Executive Director, Personal and Business Banking-the retail and commercial banking business of Stanbic IBTC Holdings PLC that covers personal banking including private banking, business (sole proprietor to SME) and commercial segments. Until November 2018, Wole was Executive Director, Operations with responsibility for Operations, Group Real Estate Service and Procurement and Business Transformation Program for the Bank. Prior to this appointment, he served as Executive Director, Business Support until November 2011. 

Darwish has over 20 years of experience working in the telecommunications sector and is IHS Nigeria’s Chief Executive Officer, overseeing IHS Towers largest market. Mohamad Darwish has worked in various finance and technical functions and served as the Business Development Director and Deputy CEO before becoming the CEO of IHS Nigeria. Mohamad is responsible for leading the team that is committed to growing IHS Nigeria’s operations and further strengthening its position as the leading tower company in Nigeria. He oversees the development of the IHS Nigeria strategic plan, the rollout of new sales strategies, and manages various key relationships with clients, regulators, ministries and NGOs. 

Alebiosu was appointed the Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group) in June 2024. In addition to this role, he serves as a Non-Executive Director of FirstBank UK, further solidifying his leadership presence across the group’s international operations. With over 28 years of experience in the Banking and Financial Services industry, Olusegun has demonstrated exceptional expertise and leadership in various roles. Between 2016 and 2024, he served as Executive Director, Chief Risk Officer, and Executive Compliance Officer at FirstBank.