FIRST HOLDCO PLC

First HoldCo Plc is a prominent financial holding company with deep roots tracing back to 1894 when its flagship subsidiary, First Bank of Nigeria, was founded by Sir Alfred Jones in Liverpool, England. The institution began its operations in Lagos, Nigeria, as the Bank of British West Africa (BBWA), evolving through several name changes and expansions over more than a century to become a cornerstone of the financial services sector. In 2012, the company adopted a non-operating holding company structure, initially as FBN Holdings Plc, to diversify its offerings beyond traditional commercial banking and strategically unify its various business interests. This transformation culminated in the rebranding to First HoldCo Plc in February 2025, solidifying a unified identity across its diverse subsidiaries and reinforcing its enduring legacy and strategic vision as a leader in African finance. As a diversified financial services group, First HoldCo Plc delivers a comprehensive range of products and services across commercial banking, merchant banking, asset management, capital markets, trusteeship, and insurance brokerage. Its core commercial banking operations, primarily conducted through First Bank of Nigeria Limited, serve a vast clientele including individuals, corporate entities, and public institutions. The FBNQuest Group encompasses merchant banking, investment banking, asset and wealth management, and fixed-income securities trading, catering to corporations, institutional investors, and high-net-worth individuals. Additionally, First HoldCo Plc provides specialized insurance brokerage services through FBN Insurance Brokers Limited, offering expertise in risk assessment and advisory for life and general insurance. The group maintains a significant presence across numerous African countries, with key international offices in London, Paris, and Beijing, positioning itself as a far-reaching financial solutions provider.