Breaking News: First Bank's Top Director, Shobo, Resigns As Cbn New Rule Kicks Off, More To Go - Legitvibes Link

The central bank's updated aim to promote high ethical standards and enhance public confidence by ensuring fresh leadership in systemically important banks. Key highlights of these rules include:

Gbenga Shobo, who most recently served as the , has been a key figure on the FirstBank board since 2012. His career at Nigeria's oldest lender spanned over a decade, during which he oversaw critical divisions including Retail Banking and Public Sector businesses. The central bank's updated aim to promote high

Executive Directors who eventually become MDs are restricted to a total cumulative tenure of 24 years at the same institution. who most recently served as the

Breaking News: First Bank Top Director Shobo Resigns as New CBN Rules Take Effect The central bank's updated aim to promote high