FBN BANK (UK) LIMITED - Key Persons

Job Titles:

• Chairman - Independent Non - Executive Director
• President and CEO of the Africa Finance Corporation

Andrew Alli holds a B.Eng. in Electronics and Electrical Engineering, King's College London, an MBA, INSEAD Business School and a fellow of the Institute of Chartered Accountants in England and Wales. He is a business leader and institution builder with 35 years experience, of which 25 years has been investing in, and managing businesses in Africa. An institutional banker and investor that has been involved in well over USD 10 billion worth of investments in Africa. In 2008, after a stint as the co-founder of a private equity fund, Andrew was appointed President and CEO of the Africa Finance Corporation (AFC), which he led for ten years. Under his leadership, the AFC delivered over $4.5 billion in investments across 30 countries, becoming a leading African financier of infrastructure. Andrew also has an extensive directorship experience, serving on the board of a number of organisations in various jurisdictions across two continents. Andrew is a ferocious reader, avid traveller and music lover, with a particular interest in classical music and opera.

Job Titles:

• Chief Operations Officer

Antonio was appointed as Chief Operations Officer of FirstBank UK Limited in May 2020 with responsibility for overseeing Trade Finance Services, Loans Administration, Commercial Payments, Treasury Operations, IT, Information Security, Internal Controls, Operational Resilience, and Data Management Governance. Antonio has over 25 years of banking experience and has held several senior management roles in various international banks in Spain and the UK. Before joining FirstBank UK, Antonio was instrumental in obtaining a UK banking license for BFC Bank as well as joining the Faster Payments Scheme, SEPA and Target 2. Antonio also led the project to implement and launch BFC Bank's internet banking platform in the UK. Antonio has extensive experience in Islamic Finance having set up the Islamic Banking unit for EAB Bank in London where he held a few senior roles like Senior Operations Manager and Legal Adviser. Prior to EAB Bank, Antonio was the Head of IT for Arab Bank in Spain for over 14 years where he led projects with a high degree of complexity. Antonio is married with two boys. He has a passion for technological innovations, reading and watching football matches especially from La Liga. Antonio is a dual qualified lawyer under Spanish and English law and holds a Master's in legal Practices.

Job Titles:

• Chief Financial Officer
• Executive Director

David Davis is an Executive Director and Chief Financial Officer of FirstBank UK. He has responsibility for overseeing the Finance, Treasury & Markets functions of the Bank. David performed the role of interim CEO from April to November 2023 with an expanded remit to manage the Bank's business operations, resources and administration ensuring the right balance between growth and operational resilience in full compliance with all regulatory requirements. Before joining FirstBank UK, David held senior finance positions whilst working with Standard Chartered for over 16 years at Group Finance in UK and as Country CFO in UAE, Botswana and Gambia. David is an accomplished banker with extensive experience in banking and financial services. He has built and maintained strong professional relations with regulators, chairman and board of directors in developing and implementing strategic plans, drive and deliver performance improvement, effectively manage capital and liquidity and optimise the Bank's balance sheet. David has vast experience and exposure to the UK regulatory environment and has led and directed the Bank's ICAAP and ILAAP processes for several years. David has over the years developed an impactful leadership style with a reputation of getting things done. He collaborates well with colleagues across the Bank and has built a strong team of professionals across the Finance, Treasury and Markets divisions. David is a Chartered Certified Accountant, holds a BSc (Hons) Economics degree from the London School of Economics, a Post Graduate Diploma in Management from Henley Business School and an MBA from Oxford Brookes University. He enjoys traveling, reading and playing golf. He also serves on various charity boards with focus on African art & culture, education and entr epreneurship.

Job Titles:

• Non - Executive Director

Dr. Adesola ("Sola") Kazeem Adeduntan ( FCA) is the Managing Director/Chief Executive Officer of First Bank of Nigeria Limited.Prior to this appointment, he was an Executive Director and the Bank's Chief Financial Officer. Before coming to FirstBank, Sola was a Director and the pioneer Chief Financial Officer/Business Manager of Africa Finance Corporation. He has served as a Senior Vice-President & Chief Financial Officer at Citibank Nigeria Limited, a Senior Manager in the Financial Services Group of KPMG Professional Services and a Manager at Arthur Andersen Nigeria. Sola also had a brief stint at the defunct Afribank Nigeria Plc (now Mainstreet Bank) as a graduate trainee where he worked mainly in banking operations. Over the course of his sterling career, he has garnered diverse expertise in Treasury and Financial Management, Risk Management, Accounting and Internal Controls, Corporate Governance, Corporate Strategy Development and Implementation, Corporate Finance, Business Performance Management, Financial Advisory, Investors, Regulators and Rating Agencies Relationship Management, Deployment and Management of Information Technology, and Compliance.

Job Titles:

• Chief Risk Officer

Grace Igbiniyesu is the Bank's Chief Risk Officer, leading the risk management operations of the Bank. With the Bank now at an important transformational stage, her goal is to build a robust risk culture that allows for a sustainable and predictable performance. Her extensive experience spans more than 25 years in roles that involved risk management and oversight, development risk frameworks, and front line risk support for Citigroup, Lloyds Bank and Banque Marocaine du Commerce Exterieur (BMCE). She has built risk structures around trade and corporate finance products across different countries in Africa, often acting as a guest credit risk reviewer to ensure consistency of processes. She has set up bespoke lending and risk control initiatives, established an African bank's credit risk and portfolio management functions from scratch and worked as an in-house coach on risk matters aimed at continuously improving risk culture. Grace has a degree in business administration and an MBA.

Job Titles:

• Independent Non - Executive Director
• Director at the UK National Audit Office

Mfon is a Big Four trained multi-disciplinary Risk, Assurance and Governance professional with over two decades of cross-border leadership experience spanning the financial services industry and beyond. She has held specialist and leadership roles in Risk, Assurance and Governance at a number of blue-chip institutions, including: Barclays Group PLC, HSBC Group PLC, KPMG, Arthur Andersen, and in recent years - the International Finance Corporation (part of the World Bank Group) as a Risk Management Specialist, and Standard Bank Group where she was the Chief Risk Officer and Regional Head of Risk for its operations in Nigeria and across West Africa, respectively, and a Non-Executive Director and Chair of the Board Audit Committee for its stockbroking subsidiary in Nigeria. Her Big Four experience covered audit and business advisory, regulatory examinations, and consulting assignments in the financial services industry across sub-Saharan Africa. Mfon is currently a Director at the UK National Audit Office where her remit includes influencing government's (and its overseas territories') financial and risk management practices. She is a Sloan Fellow from the London Business School (LBS); a Fellow Chartered Accountant (FCA); a Certified Risk Manager (CRM); B.Sc. Accountancy graduate; a British Chevening Scholar; and has attended leadership and senior management courses at Wharton and Harvard Business Schools.

Job Titles:

• Senior Independent Director

Patrick is a Non-Executive Director and Chair of Gridworks Development Partners LLP, which invests in transmission, distribution and distributed renewable energy in Africa and which is wholly owned and supported by British International Investment, the UK Government's development finance institution. He is a Non-Executive Director of the Private Infrastructure Development Group Limited (‘PIDG'), which is an infrastructure project developer and investor in sub-Saharan Africa and south and south-east Asia and which is funded by six governments and the International Finance Corporation. He is also a member of the Alternative Investment Board of the Pearson Pension Fund and a Director of the Pearson Pension Property Fund; the Chair of The Caxton Trust, a UK educational charity; and the Honorary Treasurer of the Artists' General Benevolent Institution. Patrick has been Chief Executive of Charity Bank, a UK regulated deposit-taking bank with a social purpose, and of UK Export Finance, the UK Government's export credit agency. Before that he was the managing director of Emerging Africa Advisers, the manager of the Emerging Africa Infrastructure Fund (now a PIDG entity). This followed twenty-six years in international export, project and trade finance at Morgan Grenfell & Co. Limited and Deutsche Bank AG London where he was a managing director and the global head of export and project finance.

Paul (Paddy) O'Hara joined the Bank in November 2023, as the MLRO. He is responsible for the Financial Crime programme of the Bank.

Job Titles:

• Executive Director
• International Banker

Tosin Adewuyi is the Executive Director, Corporate Banking Directorate at FirstBank Nigeria. Prior to this appointment, Tosin was FirstBank UK's Executive Director and Head of Business Development, a role he occupied when he joined FirstBank in 2017. Tosin was also Group Executive, Corporate Banking, FirstBank before his appointment as Executive Director. Under his leadership, the Corporate Banking Franchise at FirstBank has achieved significant growth in assets and net revenue and taken a market leading position. Tosin was able to help reposition the Business and portfolio of FirstBank UK, in line with the FirstBank Group's revised strategy for the UK Franchise. Tosin is an International Banker with over has over 25 years' experience covering Sub-Saharan Africa, with over 15 of those spent in Senior Management roles. He joined FirstBank from J. P. Morgan, where he was a Managing Director and the Head of its Nigeria Business for eight years. In this role, he led the execution of J.P. Morgan's strategy for Nigeria and managed key Client relationships including the Central Bank of Nigeria, Ministry of Finance, Debt Management Office, Nigerian Sovereign Investment Authority, and top-tier Nigerian Banks and Corporates. In addition to his role in Nigeria, he was also the Head of Treasury Services (Cash Management and Trade) for Sub-Saharan Africa. Tosin was a member of the J.P. Morgan EMEA Diversity Committee and one of the senior members of the Black Organization for Leadership Development.