Adewale Arogundade

Company Secretary - First HoldCo Plc
(Subject to CBN's approval)

Adewale Lateef Olusegun Arogundade was appointed Company Secretary with effect from 1st October 2024. He was formerly the Acting Company Secretary. Prior to being appointed in the acting capacity role, he was the Assistant Company Secretary from September 2012 to March 2022. He brings on board over three decades of extensive professional experience post call-to-bar.

Adewale started his law practice in the Lagos law firm of Citipoint Chambers (Legal Practitioners) shortly after completing his mandatory National Youth Service Corps programme in 1990 at a Port-Harcourt branch of the defunct Continental Bank. He thereafter joined the services of First Bank of Nigeria Plc in June 1991 as an Officer in the Legal Services Department and became an Assistant Company Secretary in November 2009.

While in the Legal Services Department, he acted in the capacity of Area Manager in the Corporate Unit of Niger House Branch (1998), Area Legal Manager for Lagos/Ogun State Area Office, Iganmu (2003) and in January 2005, Adewale was seconded to the merchant banking subsidiary of FirstBank; FBN Merchant Bankers Limited as the Company Secretary/Legal Adviser.

He also served simultaneously as Company Secretary to some subsidiaries of the Bank which included FBN Insurance Limited, First Registrars Nigeria Limited, FBN Mortgages Limited, First Funds Limited and First Nominees Nigeria Limited. In recognition of his commendable contributions to the bank’s Secretariat, he became the pioneer Assistant Company Secretary of FBN Holdings Plc in September 2012 upon the establishment of the Holding Company.

Adewale graduated from the University of Ife (Now Obafemi Awolowo University) in 1988 with a Bachelor of Laws (LL.B (Hons) degree. He obtained a Barrister at Law (B.L) from the Nigerian Law School, Lagos and was called to the Bar in 1989.

He is a member of both the Nigerian Bar Association and International Bar Association (IBA) and has attended many conferences and courses both locally and overseas. Added to that, he is also an honorary senior member of the Chartered Institute of Bankers of Nigeria (CIBN).

He is married with children and enjoys watching football and listening to music during his leisure.

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