FIRSTBANK MARCHES ON, BRINGS THE WORLD TO A STANDSTILL4 min read
- Limited had the world stand still on Friday, 1 March 2019, as it held its symbolic flaghoisting ceremony across Nigeria and other countries where it does business. The celebratoryflag hoisting officially flags off the bank’s commemoration of attaining the milestone year ofThe event was also to reinforce the Bank’s continuous march to greatness; a march thatexemplifies tenacity, doggedness, viability, socio-economic impact and commitment acrossThe flag hoisting ceremony was held in honour of the Bank’s illustrious journey that started125 years ago, a journey that encompasses more than half a dozen nations across Africa,Europe and Asia; notably Ghana, DR Congo, Sierra Leone, Senegal, Gambia, Guinea, China,The distinctively designed anniversary flag comprised the Bank’s iconic logo – the elephanthead in the yellow gold dynamic shape; the figure 125 written in The Dreamer Font with thenumber “5” chipped out of an elephant tusk; the weaving needle; the embroidered fabricsfrom different cultures – Yoruba Adire, Tiv Lishi, Ghana Kente, the Scottish kilt to illustratethe diversity of a brand that transcends beyond borders and across Continents.In the course of the event, the symbolic flag was presented to the Oba of Lagos, his RoyalHighness, Oba Rilwan Akiolu, in recognition of his traditional leadership of Lagos, the Statewhere the journey began 125 years ago; the Chief of Naval Staff, represented by RearAdmiral Adebari, in recognition of the movement across the waters by the Bank’s foundersfrom the United Kingdom; the Deputy Governor of the Central Bank, Mr Adebisi Shonubirepresented by Director of Banking Operations, Dipo Fatokun as the event is not just aboutFirstBank but to pride the industry as one that has impacted the Nation through a century anda quarter years and lastly, the Chief Executive Officer, the Nigerian Stock Exchange, Oscar
- In the welcome address delivered by the Bank’s Chief Executive Officer, Dr Adesola Adeduntan, henoted that the flag symbolises the identity, impact, permanence and reverence of a long-standing institution which predates Nigeria as a unified entity and added that FirstBank isentrenched in the nation’s development; woven into the very fabric of society, with theReinforcing the Bank’s Corporate Responsibility and Sustainability, whilst forging ahead intothe future, across its business location, Adeduntan said “Supporting our host communities topromote sustainable development and of course, putting You First, in all our businessactivities are some of the many secrets of our long existence. We are now building for thenext 125 years and beyond; purposefully blazing the trail in our industry and ensuring that wemaintain our leadership position.Expressing his goodwill message to the Bank, the Chief Executive Officer of the NigerianStock Exchange (NSE), Oscar N. Onyema OON buttressed the Bank’s impact on theNigerian Stock Exchange. He said “FirstBank is one of the very first companies to be listedon the Exchange and they have become a bellwether for us when you look at the Bankingindustry.In addition Onyema identified the leadership role by the Bank in the NSE stating that “Theyhave also produced a number of Presidents of the Council of the Exchange; from ObaOtudeko to Asabia and other captains of industry that FirstBank has offered to the NigerianStock Exchange.Also speaking, Mr Adebisi Shonubi, Deputy Governor of the Central Bank of Nigeria,represented by Director of banking operations, Dipo Fatokun lauded the bank for itsachievement in the development of the financial sector and Nigeria as a whole.Shonubi said that the history of the Central Bank of Nigeria cannot be written without thename of the Bank, FirstBank, lettered in gold, as the Bank has impacted the nation at large.Other eminent personalities and dignitaries at the event include the former Managing Directorof FirstBank and former Governor of the Central Bank of Nigeria, Mr Joseph Sanusi;immediate past Managing Director of the Bank, Mr. Bisi Onasanya; Former NigerianMinister of Industry and former President of the Lagos State Chamber of Commerce andIndustry, Mrs. Nike Akande and former Nigeria’s Minister of Communication Technology,Dr Omobola Johnson.
- Horse guards parade by the Nigeria Police were at the venue to add to the glitz and glamourof the event as well the military band who were on ground to provide music throughout theevent, thereby instilling the Bank’s resolve to foster its support to customers, Nigeria andother locations across Continents where the Bank operates.The anniversary flag and flag of countries where the Bank does business were hoisted at theBank’s headquarters to represent the nations, peoples and the diversity the Bank represents.The 125 anniversary celebration will continue all through the month of March and throughthe year with other activities which include the Bell Ringing at the Nigerian Stock Exchange;a religious thanks-giving to be held in churches and mosques across Continents and locationsof its business activities; the Anniversary Lecture; the Anniversary Gala Dinner & Commanddrama Performance by the famed Bola Austen Peters group among others. Staff andcustomers of the bank will also have the opportunity to participate in the milestone ceremonywith donations and volunteering efforts as part of the bank’s Corporate Responsibility andSustainability initiative, SPARK (Spreading Acts of Random Kindness)