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So Inspiring! Ibukun Awosika Becomes First Female Chairman of First Bank



Ibukun Awosika BellaNaija

It’s so awesome to see enterprising Nigerian women achieve great feats in their various fields of endeavor.

Ibukun Awosika was yesterday appointed at the Chairman of First Bank, making her the first female to occupy the position.

Here is some information about Awosika’s background, as seen on the First Bank website:

Ibukun Awosika is the founder and chairman of the Chair Centre Ltd, a market leader in the office furniture and banking security systems industries. She graduated with a BSc. in Chemistry from the University of Ife. She is an alumnus of the executive programme of Lagos Business School and the global executive MBA programme of the prestigious IESE Business School, Barcelona, Spain. She started her working career with Akintola Williams & Co. (now Deloitte) as an audit trainee during her national youth corps service. Thereafter, she worked at Alibert Nigeria Ltd, a furniture company, as showroom manager. Three and a half months after her employment, she resigned her position to set up her own furniture manufacturing company, Quebees Ltd, from which The Chair Centre Ltd later evolved.

She cofounded the Afterschool Graduate Development Centre (AGDC), a national career centre in Lagos, Nigeria, which was set up in September 2007 to address the high rates of unemployment in the country by helping Nigerian graduates’ become employable and good assets to the economy. In addition, she independently established another ultra-modern furniture facility, furniture manufacturers’ mart, in Lagos in the later part of 2006. The latest additions to her entrepreneurial exploits are the new branches of the Chair Centre Ltd in Accra (Ghana), Tinapa and Calabar (South eastern Nigeria).

Ibukun Awosika is the immediate past chairperson of the board of trustees of Women in Management and Business (WIMBIZ). She is currently the Chairperson of Intermac, the organisers of SmartCard Conferences in Nigeria and Kenya, and a director on the board of First Bank of Nigeria Plc (before becoming chairman).

In other related news, Osaretin Afusat Demuren was appointed chairman at Guaranty Trust Bank in April 2015. She is also the first female to hold the position.

Photo Credit: Y Naija


  1. Noms

    September 8, 2015 at 1:30 pm

    Congrats, Ma’am

  2. Moyo

    September 8, 2015 at 1:53 pm

    Congratulations Mrs Awosika, you deserve it, I am so proud of what you have achieved, congratulations to Osaretin Demuren too, women representing

  3. Fabulous B

    September 8, 2015 at 1:53 pm

    Congratulations ma. GOD be with you, to guide and protect you through your tenure. So proud of you, ma.

  4. natu

    September 8, 2015 at 1:53 pm

    You go girl!!!!!

  5. Nkechi

    September 8, 2015 at 2:24 pm

    Congrats Pastor Mrs. Awosika. Well deserved appointment!!!!!

  6. La' valve

    September 8, 2015 at 2:59 pm

    Congrats! Mrs Awosika. You deserve it Ma’am. May GOD BLESS you & your new post. IJN. AMEN……

  7. nene+

    September 8, 2015 at 3:05 pm

    Well deserved! Congratulation!

  8. Modupe

    September 8, 2015 at 3:12 pm

    Your infomation is incorrect. GTBank was the 1st to appoint a female chairman, then Access, now 1st Bank

    • kemi

      September 8, 2015 at 4:24 pm

      She didnt say she was d 1st female bank chairman in Nigeria, she said she was First banks 1st female chairman. Reading comprehension.

    • Someone Naughty

      September 8, 2015 at 4:27 pm

      `First in First Bank. Read carefully.

  9. funmi

    September 8, 2015 at 3:13 pm

    This Woman has always been my role model and mentor. Congrats to you Ma.

  10. Californiabawlar

    September 8, 2015 at 3:24 pm

    Congrats Boss Lady!! Such an inspiration!

  11. Ada Nnewi

    September 8, 2015 at 3:47 pm

    She’s really amazing and a bold risk taker…

  12. Belinda

    September 8, 2015 at 3:52 pm

    This is so inspiring

  13. Moyo

    September 8, 2015 at 4:42 pm

    UBA Plc was the first to appoint a woman as Chairman, Otunba Mrs Kuforiji Olubi was appointed chairman of a leading financial Institution, United Bank for Africa Plc in 1984- 1990, the first woman in Africa south of the Sahara, – source Wikipedia

    • Tosin

      September 8, 2015 at 8:10 pm

      interesting stuff.

  14. Tari

    September 8, 2015 at 6:03 pm

    You and night school.

  15. Dr. N

    September 8, 2015 at 6:49 pm

    Awesome! Congratulations

  16. nunulicious

    September 8, 2015 at 8:15 pm

    so so proud of you! congratulations ma!

  17. Anne

    September 8, 2015 at 9:22 pm

    Congrats ma. This is so amazing. Promotion is quite interesting. How do we link furniture making to this, hmnnn that is just life. Thank God for your foresight. You didn’t force yourself to go do some other profession in order to be like someone else. Instead you faced yours squarely and look at the result. You are very much celebrated by me ma.

  18. Peaches77

    September 8, 2015 at 9:32 pm

    Woman of substance!

  19. N. M.

    September 9, 2015 at 12:14 pm

    Congrats Ma’am…….its not only about reading, but comprehension is key.

  20. "Diddie

    September 10, 2015 at 4:45 pm

    Congrats Ma”am! you are one of the people that I look up to…..

  21. Adefunke

    December 3, 2015 at 5:44 pm

    What a motivating and inspiring one. God bless your appointment

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