Dr. Julius Omodayo-Owotuga has been appointed by First Bank of Nigeria Limited as an Executive Director, effective May 13, 2026.
The notice was signed by the Company Secretary, Abiola Baruwa, on behalf of First HoldCo Plc.
The notice disclosed that Omodayo-Owotuga will strengthen the bank’s leadership across strategic finance, governance, risk management, and institutional transformation.
Here are 16 things you probably don’t know about Julius Omotayo Owotuga, new First Bank Executive Director:
1. He obtained a Doctorate in Business Administration, an MBA, and a http://B.Sc. in Accounting.
2. He attended Saïd Business School, University of Oxford; IE Business School; Geneva Business School; and the University of Lagos.
3. He is a Fellow of ICAN, a Fellow of CITN, a Fellow of the Institute of Credit Administration, and a CFA charterholder.
4. He started in the foreign operations department of MBC International Bank (now First Bank of Nigeria).
5. He joined KPMG Professional Services in 2003, rising to Audit Senior/Senior Financial Advisor and leading assurance engagements in financial services.
6. He moved to Standard Chartered Bank Nigeria in 2007, working in financial control and project management.
7. He was the pioneer Finance Manager at Africa Finance Corporation (AFC), setting up financial operations and later handling Asset & Liability Management.
8. At AFC, he helped generate tens of millions of USD in annual income and closed several trade line deals.
9. He served as Group Executive Director for Finance & Risk Management at Forte Oil Plc / Ardova Plc.
10. He was part of the executive team that restructured the company and led capital restructuring, acquisitions, debt capital raising, the maiden credit rating, and divestments.
11. He served as Deputy Chief Executive since 2019, overseeing finance, risk management, treasury, IT, and general administration at Geregu Power Plc.
12. He was involved in governance restructuring, capital market positioning, and the company’s listing on the Nigerian Exchange.
13. He served as a Non-Executive Director on the Board of First HoldCo Plc from December 22, 2021, to 2026.
14. He was named Most Respected Accounting Professional at the Excellence Recognition Awards 2018 for contributions to Forte Oil and the accounting profession.
15. He’s described as a KPMG-trained finance professional with expertise in finance, risk management, treasury, internal controls, procurement, and IT.
16. Recently, he was appointed as Executive Director at First Bank of Nigeria in May 2026.
