FirstBank FY'10 & Q1'11 Investor & Analyst Presentation slide image

FirstBank FY'10 & Q1'11 Investor & Analyst Presentation

Operating Environment Highlights Summary & Outlook Strategy & Transformation Risk Mgt & Corporate Financial Review Governance We have restructured at the group level to enhance portfolio optimisation, coordination and reduce risks and duplications across our businesses FirstBank Proposed HoldCo Structure FirstBank Since 1894 Group Holdco Group Management Committee FBN Holdings Plc Business Groups First Bank of Nigeria FBN Capital FBN Life Assurance FBN Real Estate FBN Bank (UK) FBN Securities Business Units FBN Insurance Brokers FBN Microfinance FBN BDC First Funds FirstBank FY'10 & Q1'11 Investor & Analyst Presentation - 28/04/2011 First Trustees FBN Mortgages First Registrars First Pension Custodian* ■ Structure for the FirstBank Group would achieve full compliance with the CBN's requirements to ring-fence the operations and business of the bank (First Bank) from non-banking businesses as prescribed in the new banking regulations. ■ Awaiting final approval from CBN on proposed structure * First Pension Custodian to report directly to FBN Holdings subject to PENCOM approval 26
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