First Bank of Nigeria (FBN) Holdings Plc, one of Africa’s premier financial institutions, has announced a change of its name to First HoldCo Plc. (FirstHoldCo). It said the convention will also be adopted across all its subsidiaries.
This strategic transformation and rebranding, the financial institution said, marks a significant milestone in the Company’s journey to redefine its identity, unify its subsidiaries, reinforce its heritage and strengthen its position as a leader in the financial services industry.
The new name, the company stated, reflects a forward-looking vision rooted in a timeless legacy of trust, resilience, innovation and exceptional service delivery, adding that the rebranding underscores FirstHoldCo’s dedication to innovation, customer-centricity, and operational excellence.
It said the move represents a commitment to providing integrated financial solutions that empower individuals and businesses, while addressing the evolving demands of a dynamic marketplace.
Rooted in a legacy of over a century of financial expertise through its flagship subsidiary, FirstBank, First HoldCo Plc rebranding includes, the retention of First Bank Nigeria Limited for the flagship business and adoption of new and unified names for its other subsidiaries in the Asset Management, Capital Markets, Securities, Trusteeship and Insurance Brokerage.
FirstHoldCo, the company said, intends to implement this name change across the Group, as soon as the necessary regulatory approvals are obtained.
Expectedly, the company stated, this unified identity will amplify the Group’s visibility and position it as a dynamic leader in financial services, both locally and internationally.
Managing Director, First Holdco Plc, Wale Oyedeji, stated: “This transition to First Holdco Plc is a defining moment in our history as we chart a bold course for the future. The rebranding represents more than a name change,” adding, “it is a renewal of our purpose, vision, and commitment to delivering world-class financial solutions to our stakeholders.
“It allows us to unify our identity across subsidiaries and geographies, creating a strong, cohesive brand that reflects our leadership position in Africa and sustains our global presence.
“For our stakeholders, this transformation signals a renewed focus on excellence and innovation. It ensures that we remain steadfast in delivering long-term value, while strengthening the trust and confidence that has defined our relationships for over a century.
“As FirstHoldCo, we are better positioned to meet evolving market demands, support our partners and deliver on our promises in an increasingly interconnected financial ecosystem.”
