First Bank Renamed as First Holdco Plc

First Bank Renamed as First Holdco Plc Following Shareholders’ Approval

First Bank of Nigeria (FBN) Holdings Plc has officially received approval to change its name to First Holdco Plc. The decision was endorsed by the company’s shareholders during its 12th Annual General Meeting (AGM), which was held virtually on Thursday, November 14, 2024.

The announcement was made in a statement issued over the weekend by Adewale Arogundade, the company’s Secretary. The resolution includes renaming both the parent company and its subsidiaries, marking a significant rebranding move for the financial institution.

The approved changes involve updating the company’s legal name from ‘FBN Holdings Plc’ to ‘First Holdco Plc’ and its brand identity to “FirstHoldco”. According to the statement, the rebranding will extend across all subsidiaries of FBN Holdings to align with the new corporate identity.

The statement elaborated:

> “That there should be a change of the legal and brand names of the company from FBN Holdings Plc and FBN Holdings to First Holdco Plc and FirstHoldco, respectively.

“That the change of legal and brand names should be extended to the subsidiaries of FBN Holdings Plc.

“That the directors be and are hereby authorised to perform all such other acts and do all such other things as may be necessary to give effect to the above resolutions, including, without limitation, complying with the directives.”

This strategic move signifies a new chapter for First Bank, as it aims to streamline its brand identity while positioning itself for growth and innovation.