Biola Alabi, the celebrated Nigerian business leader, media executive and investor, has been appointed Non-Executive Director of First Trustees Limited, the trust and estate management arm of First Bank of Nigeria’s financial services group.
First Trustees Limited is a key subsidiary within First HoldCo Plc’s financial services portfolio, providing trust, fiduciary and estate planning solutions regulated by the Securities and Exchange Commission in Nigeria.
As part of a broader governance strengthening initiative, First HoldCo recently refreshed the boards of its non-commercial banking subsidiaries to enhance oversight and strategic direction.
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In her new role, Alabi will contribute to the board’s strategic oversight responsibilities, drawing on her extensive experience across media, corporate governance, venture capital and strategic advisory functions.
Her appointment reflects First Trustees’ commitment to deepening board expertise as it seeks to grow its service offerings and reinforce investor confidence.
“I’m honoured to join the board of First Trustees and look forward to supporting the company’s vision for excellence in trust and estate management,” Alabi said in a post shared on professional networks.
Industry peers and professional organisations have also congratulated her on the appointment, highlighting her influence as a role model for women in business and leadership.
Biola Alabi is widely recognised for her leadership in the African media and business space.
She is the founder and CEO of Biola Alabi Media and has held prominent roles including Managing Director at M-Net Africa, where she led the introduction of multiple Africa Magic channels and the Africa Magic Viewers’ Choice Awards. She also sits on the boards of several organisations, including Unilever Nigeria Plc and Big Cabal Media.
Her appointment at First Trustees adds to a growing portfolio of board roles and positions her to influence governance and growth in Nigeria’s financial services sector at a strategic level.
