USMAN DANTATA-ASSOCIATED FIRST HOLDCO EXPANDS LEADERSHIP ACROSS SUBSIDIARIES
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By: Fasasi Hammad
First HoldCo Plc has announced a series of new board appointments across its non-commercial banking subsidiaries, part of a strategic effort to reinforce governance, enhance oversight, and position the group for sustainable growth.
In a statement on Monday, the holding company said the appointments followed approvals from the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM), and are intended to bring seasoned professionals into key leadership roles while aligning with global best practices in corporate governance.
The company described the appointments as a deliberate move to make its subsidiaries future-ready in both products and services.
Key Appointments Include:
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First Asset Management Limited: Ebikabo Williams appointed as Chairman, joined by Usman Dantata Jr., Binta Gbinije, and Alero Adollo.
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FirstCap Limited: Yewande Amusan appointed Chairman, with board members Ahmed Indimi, Irene Akpofure, Adenike Kuti, and Zeal Akaraiwe.
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First Securities Brokers Limited: John Akpeki named Chairman, joined by Omolara Adeyemi, Susan Younis, and Kemi Andu-Alausa.
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First Trustees Limited: John Lee appointed Chairman, alongside Abiola Alabi, Sola-Adeyemi, and Ugochukwu Obi-Chukwu.
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First Insurance Brokers: Akinola Phillips named Chairman, with Ije Onejeme, Folukemi Akinmeji, and Mojisola Cardozo as board members.
Femi Otedola, Group Chairman of First HoldCo Plc, welcomed the new appointments, praising the professionals’ expertise and track records. He said their leadership will be critical in driving the next phase of growth, enhancing stakeholder value, and solidifying the group’s position as a leading African financial and investment conglomerate.
“The appointments reflect our commitment to building resilient businesses that contribute meaningfully to economic development across the ecosystem in which we operate,” Otedola added.
The new leadership is expected to strengthen the subsidiaries’ market positions and ensure that governance, operational excellence, and innovation remain central to the group’s long-term strategy.
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