Stephen Olabisi Onasanya First Bank Plc Industry: Banking
Stephen Olabisi Onasanya is the powerhouse behind Nigeria’s oldest and biggest financial institutions – First bank Nigeria PLC. A seasoned banker, Onasanya took over First bank’s helm of Affairs from the present Nigeria CBN Governor, Sanusi Lamido Sanusi. Prior to his appointment, he served as the bank’s Executive Director, Banking Operations & Services. Since he joined First Bank in 1985, Onasanya has held several management and operational positions. Under Onansanya’s management, Great Place To Work Nigeria (GPTWN), an affiliate of Great Place to Work, San Francisco, US, a global research, consulting and training institute which analyses, selects and publishes best workplace lists in the country named the Bank as one of “the best place to work” and the ‘Company with the Best Human Resources Structure in Nigeria’ in 2013. The bank also emerged the winner of the Most Innovative Ai SRI50 Company award for outstanding performance, beating other contenders, such as Mobil, Kenya Airways, BHP Billiton, Nation Media Group, Stanbic and Uganda Sasol. This year, it succeeded in strengthening its operational processes to suit international best practices. This includes its migration to the world class Finacle 10, a core banking software application.