President Muhammad Buhari, has politely extended expressions of praise and admiration to the Board, Management, and Staff of First Bank Nigeria (FBN) for cross-border services in the United Kingdom for 40 years, sharing almost 130 years of banking experience.
President Buhari, particularly paid enormous compliments on the competence and professionalism that have become the hallmark of the Dr. Adesola Adeduntan-led FBN over many years, winning and retaining the trust of customers in Nigeria, and beyond, like in the United Kingdom, and successfully consolidating on its benchmark of reliability and professionalism.
Adeduntan has experience in a variety of fields, including information technology, compliance, treasury and performance management, strategy creation, and financial and risk management, all of which helped him prepare for his present position as the president of Nigeria’s top financial institution. As the FBN, United Kingdom celebrates 40 years anniversary, the President believes the strength and buoyancy of any country depend largely on the capacity of the banking sector, extolling the organization for steady rise and expansion, with remarkable awards for transparency, accountability, and reliability.
Even though most CEOs today seem to understand their competitive positions, the majority of them are concerned that new competitors, such as well-established international technology companies and fintechs, may decide to use their highly developed customer insights to undermine the customer relationship models.
President Buhari congratulates FBN, the United Kingdom for the milestone, and well-deserved acceptance and credence, urging the bank to further leverage on its strengths to retain the trust and confidence of the banking public. However, First Bank has made sure to maintain the confidence built up over the years with its enduring history of safety and security under the direction of Adeduntan.