CFO of FirstBank’s Parent FirstHoldCo Bows Out

First HoldCo Plc, the parent company of Nigeria’s oldest lender FirstBank, has announced the retirement of its chief financial officer and executive director, Samson Oyewale Ariyibi.

His retirement comes ahead of the completion of his existing contract, effective August 15, 2025, according to a statement on Tuesday.

He was appointed to the board of FirstHoldCo as an executive director in charge of investment management and oversight in August 2022. He joined the company in September 2013 as the pioneer head of finance department and was promoted to general manager and appointed the CFO in 2016.

He previously served in senior management roles at various global organisations and Nigerian companies including Ernst & Young, PwC, Standard Chartered Bank and Transnational Corporation of Nigeria.