Personality in Focus
When Legacy Meets Preparedness: Olusegun Alebiosu As CEO, FirstBank Group
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What happens when legacy meets preparedness? What results from such a combination? Let us not be in a hurry to put forward any answers yet. Instead, let us consider first the opposite situation: When legacy meets unpreparedness.
The world abounds in examples of this distressing situation. A dynasty that has built wealth from generation to generation, with its illustrious heirs providing generational leadership, finds itself in a strange phase where an ill-prepared heir takes over the reins and in that same generation, not the next, wipes out the entire family fortune built over several generations.
We see the same thing with nations. History is replete with examples of great nations built by great leaders, which slid into oblivion when they were hit by arguably the greatest misfortune that ever befalls humanity – bad leadership. It is the reason American author and leadership expert John Maxwell asserts, “Everything rises and falls with leadership.”
As with nations, so with organisations. We see organisations that have thrived for decades and over several generations, get a new leader who is not prepared for such leadership, and the leader pushes the organisation to the brink of collapse.
Contrast this picture with the situation at Nigeria’s most enduring corporate organisation with the most amazing legacies of firsts, First Bank of Nigeria Limited, which witnessed a leadership transition about a year ago. Faced with a number of quality options in and outside the then management team, the decision-makers at the bank and its parent company FBNHoldings, now First HoldCo Plc, had to be clear-minded about who could become the new Chief Executive Officer of FirstBank Group.
Equally important as the need for continuity was the non-negotiable requirement for capacity to manage the ship of the 130-years-plus institution to sustain its enviable legacies and consolidate the gains made in recent years. The search was for someone with a steady head and hands (talk of risk control and mitigation), in addition to an excellent track record of sterling performance and achievements.
Fortunately, fate was on their side. They did not have to look outside. Right there before them was someone who understood all kinds of risks and how to control and mitigate them. He had been with FirstBank since 2016 when he joined as Group Executive / Chief Risk Officer. Then in January 2022 he was elevated to Executive Director / Chief Risk Officer and Executive Compliance Officer.
This man has given nearly three decades of his working life to the banking and financial services industry. He has under his belt a rich tapestry of cross-functional experience in credit risk management, financial planning and control, credit and marketing, and trade. His cross-functional exposure also includes corporate and commercial banking, agriculture financing, oil and gas, transportation, including aviation and shipping, and project financing
Meet Olusegun Alebiosu, the man history had prepared and the one decision-makers chose among the quality options. He was appointed substantive Chief Executive Officer of FirstBank Group in June 2024, having acted in that capacity since April 2024 when the former CEO left.
Determined to build on the bank’s legacies while navigating the ever-changing landscape of the financial services industry, Alebiosu has shown unwavering commitment to lead the bank through a transformative period that places emphasis on strategic consolidation, technological advancement and market expansion.
Alebiosu’s approach to sustaining the legacies of firsts at FirstBank, which has been at the vanguard of accelerating Nigeria’s digital payments as the first bank to issue over 13 million cards to customers, draws from his vast professional experience which began with Oceanic Bank Plc, now Ecobank Plc, in 1991. Between then and joining FirstBank in 2016, he had worked at Coronation Merchant Bank as Chief Risk Officer, at African Development Bank Group as Chief Credit Risk Officer and at United Bank for Africa as Group Head, Credit Policy and Deputy Chief Credit Risk Officer.
Under one year of his appointment as substantive CEO of FirstBank, Alebiosu’s strategic consolidation efforts have demonstrated that he is a worthy successor, not an ill-prepared or unprepared one, proving the decision-makers right. Understanding the critical role of its human capital in sustaining the bank’s legacies, Alebiosu has invested himself and the bank’s resources in promoting staff welfare.
A comprehensive review of the bank’s compensation structure was undertaken to position it within the 75th percentile of the industry, making the bank more retentive of, and attractive to, the best talents. The highest number of staff promotions across various grades in the last five years has happened under Alebiosu’s watch, with 1,654 employees being elevated in one single promotion cycle.
Under his leadership, over 2,186 new hires have been recruited across key functions and subsidiaries, with a large number of them deployed to the sales function to ensure that retail customers are adequately served. Staff are now more engaged based on the high employee engagement score of 86% achieved in the April 2025 WorkBuzz survey, indicating remarkable progress in the bank’s multi-pronged efforts to promote a positive and inclusive workplace culture.
This drive to reinforce a culture of inclusion and recognition has been accentuated by the launch of a group-wide culture transformation initiative with the goal of embedding the core values of integrity, excellence and innovation. It has also been strengthened by a renewed focus on inclusion, collaboration and high performance. Also contributing was the staging of a FirstBank Employee Appreciation Day 2025 featuring, among others, a personalised appreciation video message from the CEO to all employees across the group throughout Africa and beyond. The inclusion message is further boosted by the launch of the inaugural edition of the bank’s pioneering initiative, Mandarin Language School, to bolster the bank’s expansion in the Asian market.
Expansion is a critical plank in FirstBank’s new strategic planning horizon, under Alebiosu’s leadership. Taking off this 2025, the plan seeks to reinforce the bank’s market dominance across all operational regions and it includes deliberate expansion into new markets within and outside Africa.
Beyond geographical and horizontal expansion, Alebiosu’s plan has also targeted a skyward expansion. Or how else does one describe the groundbreaking ceremony in March 2025 for the bank’s new green-certified, 44-storey iconic head office building in Eko Atlantic City, Lagos State?
Alebiosu is also prioritising the acceleration of process automation in recognition of the importance of digital transformation. It is a massive push for technological advancement that includes adopting robotics technology and artificial intelligence at scale, to give the bank an unassailable competitive advantage among its peers in the industry.
The bank has deployed digital tools to enhance seamless account opening and optimised backend systems and customer service delivery. Two additional Digital Experience Centres (DXCs) have been launched – one at Lekki Admiralty Way, Lagos State and the other at its UNN branch, Nsukka, Enugu State. Also, the bank’s agent network has expanded to over 280,000, a 50,000 increase from the 230,000 agents it had in 2023.
As expected, shareholders, among other stakeholders, have been observing the strides the bank has been making under Alebiosu’s leadership, with a keen eye on the numbers. Fortunately, again, the bank’s results for the financial year ended December 2024 speak volumes, with after-tax profit of its parent company rising to the highest point it has reached in the last 12 years, according to the company’s latest financial statement.
In recognition of his achievements within such a short period and his exemplary leadership, Alebiosu was honoured at the World Business Outlook Awards as “Banking CEO of the Year – Nigeria 2025”. He has also been honoured with the “Special African Banking Leadership Award” by African Leadership Magazine. This was in 2024.
The story of Alebiosu’s leadership at FirstBank has clearly been one of preparedness meeting legacy. Working with the board and management team, he has consistently sustained the bank’s legacies and also consolidated its recent gains in ways that will ensure the gains keep compounding. FirstBank, more than ever before, is poised for greater intra- and intercontinental growth and impact in the years ahead.
This piece is contributed by Aniekan Ezekiel
Personality in Focus
NAOSNP President, Oki Samson Bags Police-Youth Advocate Award
The Lagos State Police Command under the leadership of the Commissioner of Police, CP Fatai Tijani, on Thursday, honoured the President of the National Association of Online Security News Publishers (NAOSNP), Mayor Oki Olatunji Samson, as a Police-Youth Advocate for his contribution to youth engagement and advocacy, responsible security journalism and community safety.
The recognition came during the Command’s commemoration of International Youth Day 2026, themed “Different Contexts, Common Aspirations,” held at the Police Officers’ Wives Association (POWA) Secretariat, Oduduwa Street, Lagos.
The event also featured the launch of the National Campaign Against Political and Digital Thuggery and a Police-Youth Dialogue designed to build stronger partnerships between law enforcement and young Nigerians. The initiative, in line with the vision of Inspector-General of Police, IGP Olatunji Rilwan Disu, placed youth participation, responsible citizenship and peacebuilding at the centre of contemporary security discourse.
In his address at the event, the NAOSNP President, a respected security journalist, stressed that youth advocacy must move beyond rhetoric to deliberate investment in the values, opportunities and relationships that enable young people to become agents of stability. He argued that the youth should not be viewed simply as potential victims or perpetrators of insecurity, but as indispensable stakeholders in preventing it. According to him, the digital space has become an extension of society and therefore requires the same standards of responsibility expected in the physical world.
The NAOSNP President urged young Nigerians to recognise the power of their voices, particularly on social media, and deploy that influence constructively. “Your phone is powerful. Your social media account is powerful. Your voice is powerful. Please use that power to build, not destroy.” He further challenged young people to resist political manipulation, stressing that no temporary political reward could justify sacrificing one’s future.
“Do not allow anyone to use your future to settle their present disagreement.”
He advocated a culture in which political differences could be expressed without becoming personal hostility, urging youths to verify information before sharing it and to understand that digital actions can have real-world consequences.
The intervention resonated strongly with the message of the Commissioner of Police, Lagos State Command, CP Tijani Fatai, who warned young people against allowing politicians to exploit them for electoral violence as the country approaches another election cycle. Fatai said youths must look beyond immediate gratification and recognise the importance of preserving their future.
“Tomorrow is there for us. We should not think of today. We should always think of tomorrow. That tomorrow is more important than what we are today.”
The CP also delivered a particularly strong message against the recruitment of young Nigerians into political thuggery, noting that political actors rarely expose their own children to the dangers of electoral violence. “None of these politicians will use any of their children for electioneering, thuggery, violence or what have you.”
He urged youths to reject attempts to use them for ballot-box snatching, intimidation, destruction of property and other forms of electoral violence, while stressing that political participation remained a legitimate right when exercised responsibly.
The Commissioner equally identified the digital environment as an emerging frontier of security, urging young Nigerians to think carefully before posting, sharing or reacting to provocative content. His message was clear: political participation must never become political violence, whether offline or online.
In his goodwill message, Commander, 9 Brigade, Nigerian Army, Brigadier General Ayokunle Owolabi, described the campaign as timely and commended the Police for strengthening engagement with young Nigerians. Owolabi noted that the energy, creativity and resilience of young people remained indispensable to Nigeria’s peace, security and development. He emphasised that national security could no longer be regarded as the exclusive responsibility of security agencies, but required a whole-of-society approach in which young Nigerians become active partners. He particularly warned against the misuse of digital platforms and physical spaces for violence, intimidation, misinformation and destructive engagement, while calling for stronger trust and communication between young people and security institutions.
Also speaking, the Lagos State Coordinator of the Police Campaign Against Cultism and Other Vices (POCACOV), SP Olivia Amarachi Ugochukwu, urged young people to become the change they desire in their communities.
“Policing is everybody’s business. If you see something, say something.”
She also charged the media to ensure that only verified information was disseminated, noting that responsible information management was essential to preventing fear, confusion and conflict.
The well attended event attracted representatives of the Nigerian Army, Nigerian Air Force, Nigerian Navy, NDLEA, FRSC and NSCDC, alongside NYSC, POCACOV, PCRC, NYCN, NANS, NURTW, RTEAN, CRAN, NAOSNP, POWA and youths from Police Barracks across Lagos. The programme featured an extensive Police-Youth Dialogue on security, political participation, social media, cultism, thuggery and emerging threats.
The recognition of Mayor Oki Samson as Police-Youth Advocate therefore represented more than an individual honour. It underscored the growing importance of credible voices capable of connecting young people, the media and security institutions around a shared commitment to peace.
In a society where insecurity can be amplified by a rumour, a provocative post or a manipulated young mind, youth advocacy has become a frontline security intervention. The future of Nigeria cannot be secured merely by policing the streets; it must also be secured by winning the minds, trust and participation of its young people.
The challenge before advocates such as Mayor Oki Samson and institutions such as the Police is to ensure that the message does not end with an award or a commemorative event. It must travel into schools, communities, newsrooms, transport parks and digital spaces—until peace becomes not merely a campaign slogan, but a conscious choice made by a generation whose future is ultimately at stake.
Personality in Focus
Malian Singer Salif Keita Pulls Out of South African Festival over Xenophobic Attacks
Malian music legend, Salif Keïta, has cancelled upcoming commercial performances in South Africa, including an appearance at the Mangaung African Cultural Festival (Macufe), citing what he described as “xenophobic violence” against African migrants.
The decision comes as anti-migrant protests intensify in one of Africa’s most industrialised economies, prompting thousands of foreign nationals to return home and increasingly straining cultural ties across the continent.
Explaining his decision, Keïta said he could not “ignore the reports of xenophobic violence against our African brothers and sisters.”
“When I see migrants attacked, I do not see ‘politics’. I see people looking for work, safety, and dignity.”
The 77-year-old musician stressed that his decision was not a rejection of South Africans.
“To be clear — I am not closing the door on South Africa. I am closing the door on violence,” he said.
Often described as the “Golden Voice of Africa”, Keïta has spent more than five decades in music and remains one of the continent’s most recognisable artists.
The award-winning Malian singer has earned four Grammy nominations and won France’s Victoire de la Musique for World Music Album of the Year in 2010 for La Différence.
His ties to South Africa also stretch back decades, including a performance at the Nelson Mandela 70th Birthday Tribute concert at Wembley Stadium in 1988, an event closely linked to the international anti-apartheid movement.
In response to his withdrawal, the Free State’s culture department said it regretted the decision and stressed that Macufe was intended to celebrate African unity.
Keïta’s withdrawal comes against the backdrop of worsening tensions over migration in South Africa, which has long attracted workers from across the continent.
More than 160,000 foreigners have left South Africa through repatriation programmes since May, according to an AFP tally. They include citizens of Malawi, Zimbabwe, Zambia, Ghana and Nigeria.
This week, 173 Tanzanian nationals also returned home from Durban, one of the centres of recent anti-migrant demonstrations.
Anti-migrant groups accuse undocumented foreigners of putting pressure on jobs and public services and contributing to crime.
However, South African authorities have maintained that immigration laws must be enforced through legal channels and have acted against people accused of vigilantism and violence.
Increasingly, the tensions are also spilling into Africa’s entertainment industry.
In July, a planned Lagos concert by Grammy-winning South African singer Tyla disappeared from her A*POP World Tour schedule after boycott calls from some Nigerians over reported xenophobic attacks against African migrants in South Africa.
Although Tyla and her management did not publicly confirm that the backlash caused the change, the episode showed how migration tensions were beginning to affect cross-border cultural exchanges.
Keïta’s decision now brings the issue into sharper focus from the opposite direction, with one of West Africa’s most prominent musicians refusing to perform in South Africa over the treatment of fellow Africans.
As a result, the controversy has added a cultural dimension to a migration crisis already affecting labour flows, diplomacy and relations between African countries.
Personality in Focus
Tinubu Mourns Top Journalist Dotun Oladipo
President Bola Tinubu has expressed sadness over the death of Dotun Oladipo, former Political Editor of The Punch newspaper and Publisher of The Eagle Online, describing his passing as a painful loss to Nigeria’s media industry and the nation.
Tinubu’s message was contained in a statement signed by his Special Assistant on Information and Strategy, Bayo Onanuga, on Wednesday.
Oladipo reportedly died on Tuesday, 25 August 2026, in Lagos at the age of 56.
The President acknowledged Oladipo’s contributions to journalism, particularly his years of dedicated service in political reporting and his commitment to providing Nigerians with credible information through traditional and digital media platforms.
He said Oladipo’s professional career reflected the important role journalists play in strengthening democracy by informing citizens, holding public officials accountable and providing platforms for robust public discourse.
Tinubu recalled Oladipo’s passion for journalism and his contributions to the growth of digital media through The Eagle Online, which he founded after his career at Punch Newspaper.
“Dotun Oladipo’s death at the age of 56 is a painful loss to the Nigerian media community and to our nation. He was a committed journalist who devoted significant years of his life to informing the public and contributing to the development of our democracy.
“His contributions to political journalism and the digital media space will not be forgotten. I extend my heartfelt condolences to his family, colleagues in the Guild of Online Corporate Publishers (GOCOP) and friends. I pray that Almighty God will grant him eternal rest and give his loved ones the strength to bear this irreparable loss,” President Tinubu noted.






