Finance

President Buhari lauds Adeduntan, FirstBank’s GMD over Cranfield University’s recognition


President Muhammadu Buhari has rejoiced with Group Managing Director/Chief Executive Officer of First Bank of Nigeria Plc, Dr Adesola Adeduntan, on recognition by Cranfield University, one of the most prestigious citadels of learning in Europe.

This was confirmed in a statement issued by Femi Adesina, Special Adviser to the President (Media and Publicity) on Monday.

According to the statement, which was seen by Nairametrics, Adeduntan will be conferred with Doctor of Science, Honoris Causa on Wednesday, June 22, 2022.

What President Buhari is saying

The statement from the President reads, “President Buhari lauds Adeduntan for being a role model to the younger generation, showing that hard work pays, and with resourcefulness and doggedness, great heights are achievable.

“The President sends best wishes to Dr Adeduntan and family as he hoists Nigeria’s flag proudly to receive an honor Cranfield University says is being given “in recognition of your outstanding contribution to business.”

What you should know

  • On Wednesday, June 22, 2022, Adeduntan will be conferred with Doctor of Science, Honoris Causa, and is expected to deliver a short address to the graduating class of the university, a development the President describes as “another testament to the fact that Nigeria is blessed with the brightest and the best in all areas of human endeavour.
  • The First Bank MD holds a Doctor of Veterinary Medicine from the University of Ibadan, a Master’s in Business Administration from Cranfield University, and is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), as well as the Chartered Institute of Bankers of Nigeria (CIBN).
  • Prior to this appointment as the GMD, he was Executive Director and Chief Financial Officer for the Bank. Before joining FirstBank in July 2014, Sola was a Director and the pioneer Chief Financial Officer/Business Manager of Africa Finance Corporation (AFC). 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.
  • He also had a brief stint at the defunct Afribank Nigeria Plc (now acquired by Skye Bank) as a graduate trainee where he worked mainly in banking operations. Over the course of his sterling career, he has garnered expertise in diverse areas of management including financial and risk management, treasury, performance management, strategy design and execution, Information Technology and Compliance. Sola attended the University of Ibadan, where he obtained a Doctor of Veterinary Medicine (DVM) degree. He also holds a Master’s Degree in Business Administration (MBA) from Cranfield University Business School, United Kingdom which he attended as a “British Chevening Scholar.”



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