To honor Adeduntan's impressive nine-year tenure, First Bank, which has a legacy spanning 130 years, will hold a special farewell ceremony this weekend to acknowledge his significant impact.
President Tinubu praises Adeduntan for guiding the bank through a period of remarkable growth, notably increasing customer accounts from 10 million to over 42 million and boosting Profit Before Tax from N10 billion in 2015 to an impressive N300 billion in 2023.
These achievements, according to the President, are a testament to Adeduntan’s visionary leadership and dedication to excellence.
The President also expresses gratitude for Adeduntan's readiness to serve the nation in various key capacities, including his involvement with the Nigerian Economic Summit Group and other esteemed organizations. His vast experience in the financial sector has greatly enhanced Nigeria's economic framework.
Additionally, President Tinubu commends the bank’s robust internal management practices, which have facilitated a smooth transition from Adeduntan to the new CEO, Olusegun Alebiosu.
President Tinubu wishes Dr. Adeduntan all the best in his future pursuits.