FBN Reiterates Commitment to Promote Ethical Practices to Strengthen Nigeria’s Financial System

Nume Ekeghe

The Chief Executive Officer, FirstBank Group, Olusegun Alebiosu, has reiterated the bank’s commitment to champion ethical practices that will strengthen Nigeria’s financial ecosystem.

He stated this at the grand finale of the 2024 Chartered Financial Analyst (CFA) Society Nigeria, Universities ethics challenge, in Lagos.

Alebiosu stressed that FirstBank is driven by the belief that businesses thrive in environments built on trust and transparency. 

He noted that this ethos underpins their support for and sponsorship of platforms like the Ethics Challenge. 

He said:  “Our sponsorship of the ethics challenge is more than just a partnership; it is an investment in the potential of young Nigerians. It is also a testament to our shared vision with CFA Society Nigeria to create a finance industry that serves as a model of integrity for other sectors.

“By partnering with CFA Society Nigeria, we aim to: equip students with the ethical framework needed to navigate the complexities of the financial sector. Champion ethical financial practices that strengthen the reputation of Nigeria’s financial ecosystem globally. Contribute to national development by nurturing leaders who can drive sustainable growth.”

For the Executive Director, CFA Society Nigeria, Yemi Ajagun, ethics is at the core of what they do as a professional body.

“It talks about excellent professional conduct for aspiring students and professionals that are aspiring to work in the industry. Because there is no amount of skill that you have if you are not ethical in the way you practice your profession, you are not likely to go very far. 

“So what we are doing here at CFA Society Nigeria is to instill all these values in the young ones so that by the time they graduate, they are already familiar with how to conduct themselves when they become professionals that we are trying to build,” Ajagun said.

The highlight of the competition was the emergence of Isaac Ojugbana of Covenant University as the winner of First Bank CEO’s Award for the 2024 competition.

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