RT. Stephen Onasanya

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RT. Stephen Onasanya


Olabisi “Bisi” Stephen Onasanya (born August 18, 1961) is a former Group Managing Director and Chief Executive Officer of First Bank of Nigeria Limited. He was before this appointment the Managing Director/Chief Executive Officer of First Pension Custodian, and began his career with Arthur Young, an American audit firm. A chartered accountant, Onasanya is credited with pioneering initiatives in Nigeria’s nascent pension custody industry that helped define best industry practices.

At First Bank Nigeria Limited where he held diverse portfolios before his appointment as Group Managing Director, he coordinated the bank’s Century 2 Enterprise Transformation Project, widely acknowledged as one of the most important phases of the bank’s early transformation initiatives in response to an increasingly competitive financial services landscape.

A Fellow of the Institute of Chartered Accountants of Nigeria, a Member of the Chartered Institute of Bankers of Nigeria, and an Associate Member of the Nigerian Institute of Taxation, Onasanya has served as a member of the Chartered Institute of Bankers’ Sub-Committee on Fiscal & Monetary Policies, and of the Presidential Committee on Reduction of Interest Rates.

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