By Ayomide Otitoju
FirstHoldCo Plc has notified the Nigerian Exchange (NGX) and the investing public of the impending retirement of its Executive Director and Chief Financial Officer (CFO), Mr. Samson Oyewale Ariyibi.
According to a notice signed by Company Secretary Adewale L.O. Arogundade, the retirement will take effect on August 15, 2025, ahead of the expiration of Ariyibi’s current contract. The Board, in its statement, thanked him for his “meritorious service to the Group” and wished him success in his future endeavours.
Ariyibi joined FirstHoldCo in September 2013 as the pioneer Head of Finance Department and was promoted to General Manager and CFO in 2016. In August 2022, he became Executive Director in charge of Investment Management and Oversight.
With over three decades of experience in banking, financial services, tax management, and consulting, Ariyibi has held senior roles at Ernst & Young, PricewaterhouseCoopers, Standard Chartered Bank, and Transnational Corporation of Nigeria Plc (Transcorp), where he also served as CFO.
He holds a Bachelor’s degree in Microbiology from the University of Ilorin, an MBA in Marketing from the University of Lagos, and professional memberships including Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and Associate of the Chartered Institute of Taxation (ACIT). He is also a graduate of the Advanced Management Programme at Northwestern University’s Kellogg Business School.
As of August 2025, FirstHoldCo’s nine-member Board is chaired by Olufemi Otedola, with Wale Oyedeji as Group Managing Director. Other members include Executive Director Samson Ariyibi; Independent Non-Executive Directors Dr. Alimi Abdul-Razaq, Dr. (Sir) Peter Aliogo, and Kofo Dosekun; and Non-Executive Directors Dr. Abiodun Oluwole Fatade, JB Omodayo-Owotuga, and Olusegun Alebiosu.
