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Tinubu congratulates ex-First Bank CEO on installation as new Balogun of Oyo

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CITIZENS COMPASS— President Bola Ahmed Tinubu has congratulated Dr. Adesola Kazeem Adeduntan, former Group Chief Executive Officer of First Bank of Nigeria, on his installation as the Balogun of Oyo by His Imperial Majesty, Oba Abimbola Akeem Owoade I, Alaafin of Oyo.

The installation event will take place on Saturday, September 5, 2026.

President Tinubu in a statement signed by his Special Adviser on Information & Strategy, Bayo Onanuga, recalled Dr Adeduntan’s distinguished career in banking and finance, culminating in his stewardship as Group Chief Executive Officer of First Bank, where he led a far-reaching transformation of one of Nigeria’s oldest and most important financial institutions.

The President acknowledges Dr Adeduntan’s continuing contributions to national development through enterprise, education and philanthropy — including his service as Pro-Chancellor and Chairman of the Governing Council of the Abiola Ajimobi Technical University.

President Tinubu also notes that, through his Adesola Adeduntan Foundation, the respected patriot has invested in modern primary healthcare centres serving the communities of Oyo and Ibadan, and in Nigeria’s solid minerals sector.

“As you assume this historic responsibility, I urge you to bring to the service of the Alaafin, the Oyo Kingdom and its people, the same discipline, strategic foresight and commitment to excellence that have distinguished your professional and public life.

“Your installation is both an honour and a call to greater service. I trust that you will continue to deploy your experience, influence and resources towards promoting peace, opportunity, development and the preservation of our rich cultural heritage,” President Tinubu adds.

 

 

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