First Bank of Nigeria Plc hired Messrs. Gbenga Shobo and Dauda Lawal as Executive Directors, Retail Banking (South) and Public Sector (North) respectively, in a bid to further enhance the capacity of the executive management and board, by deepening specialisation and strengthening the corporate governance culture. Before becoming Executive Director (Retail South), Shobo served as the Executive Vice - President in charge of the same portfolio.

He also worked as the General Manager in charge of Products and Channel deployment in the Bank. Earlier, Lawal functioned as Executive Vice-President, Public Sector North, and also worked as Business Development Manager, Maitama Abuja, where his principal remit was growing the bank's business in the Abuja metropolis.