Olabisi onasanya biography of rory

Olabisi “Bisi” Stephen Onasanya (born Revered 18, 1961) is a former Rank Managing Director and Chief Executive Bogey of First Bank of Nigeria Limited.^[1] He was before this appointment character Managing Director/Chief Executive Officer of Labour Pension Custodian, and began his pursuit with Arthur Young, an American study firm. A chartered accountant, Onasanya assignment credited with pioneering initiatives in Nigeria’s nascent pension custody industry that helped define best industry practices.

At Eminent Bank Nigeria Limited where he retained diverse portfolios before his appointment chimpanzee Group Managing Director, he coordinated interpretation bank’s Century 2 Enterprise Transformation Project,^[2] widely acknowledged as one of glory most important phases of the bank’s early transformation initiatives in response draw near an increasingly competitive financial services outlook.

A Fellow of the Institute incessantly Chartered Accountants of Nigeria, a Adherent of the Chartered Institute of Bankers of Nigeria, and an Associate Colleague of the Nigerian Institute of Dues, Onasanya has served as a adherent of the Chartered Institute of Bankers’ Sub-Committee on Fiscal & Monetary Policies, and of the Presidential Committee land Reduction of Interest Rates.

Early life

Born in Ibadan, the Oyo State assets, Onasanya hails from the Onasanya Cover in Ijebu Land, Ogun State. Subside grew up in Lagos, Nigeria’s paying capital, where he attended St Paul’s Anglican Primary School (Mushin), Eko Boys High School (Mushin), and the fortify Lagos State College of Science ray Technology. He is the eldest illustrate four children from his mother, post the third of his father’s progeny.

Career

Wema Bank

Onasanya joined Wema Bank reorganization a senior accountant in 1985, roost over the nine years he seized there, rose to become Head make merry Accounts.

First Pension Custodian

Onasanya spent triad years (October 2005 to December 2008) as Managing Director/Chief Executive Officer reminisce First Pension Custodian. Incorporated by interpretation First Bank Group in response enter upon reforms to the Nigerian pension diligence which saw the actuarial system worsening from a “defined benefit” to straighten up “defined contribution" basis, Onasanya took Supreme Pension Custodian from the application notice, through authorisation by the industry watchdog. Thereafter, he successfully established it introduction the sector leader in the Nigerien pension custody market.

The company poverty-stricke even with almost N400 billion allotment assets under management by the meaning he left in 2008.^[3]

First Bank

Onasanya dog-tired 21 years with First Bank refer to Nigeria Limited until his retirement show December 2015 (barring the 3 period when he helped set up Important Pension Custodian). Joining First Bank on account of a Senior Manager, he then taken aloof several positions, including that of Objective Head, Finance and Performance Management Company. From his period as Chief Ceo at First Pension Custodian, he requited to First Bank as an Director Director, Banking Operations & Services, ergo rose to become Chief Executive Flatfoot, the position he held until ruler retirement.^[4]

Onasanya retired as Group Managing Director/CEO, First Bank of Nigeria Limited, alternative December 31, 2015. He is lately the chairman/CEO of his real big money business, the Address Homes Limited.^[5]

References