125th Anniversary: First Bank Management Parleys Bank’s Pensioners, Pledges Better Lives


As First Bank of Nigeria (FBN) Limited celebrates its 125th anniversary, the bank’s pensioners have met the bank’s management on a courtesy visit and used the occasion to fashion out lasting solutions to the unnecessary and avoidable issues revolving around pension scheme.

As the bank’s management reiterated its commitment towards betterment of lives of its retirees.

In a statement released by the National Public Relations Officer of the Nigeria Union of Pensioners (NUP) First Bank Unit, Kunle Ajibola in Ibadan, the Oyo state capital after the visit in Lagos, the union said they were happy for accorded them the opportunity to be part of the 125th anniversary of the bank and avail them the opportunity to table their demands on pension scheme to the management of the bank.

At the meeting were top  management officials of the Bank led by the Executive Director, Public Sector Group, Alhaji Abdullahi Ibrahim  supported by number of other officers includes Human Capital Development Head, Head Legal And Employees Relations Department.

While that of First Bank pensioners were led by their National President, Alhaji Mohammed Bungudu supported by Chairman Board of Trustees of the Union, Elder Dareng and representative of NUP, Mr Gazali  and five other members of the NUP First Bank national executives. 

Speaking on behalf of the First Bank pensioners, their National President, Alhaji Mohammed Bungudu congratulated First Bank and its management for the historic milestone and enviable achievement recorded so far by the Bank in the last 125 years.

Bungudu in his factual and incisive  words declared that the Union might have been mis-understood, mis-represented or that the Bank just abandoned the pensioners In the past resulting In the deplorable condition of their members. 

He pleaded for change of heart on the part of the Bank and urged the Bank management to see  the pensioners as the Bank’s children and goose who laid the golden eggs while in the service.

He then analyzed the pensioners position and demands before the Bank’s management.

In its response, the management gave an exhaustive explanation of its position and acknowledged its awareness of the situation of the pensioners.

Alhaji Abdullahi Ibrahim and other top officials at the meeting took a comprehensive notes of all issues presented and pledged to pass them to Group Managing Director.

The NUP representative enjoined the Bank to as quickly as possible attends to the issues raised by the Bank’s pensioners.

The Bank’s top officials assured pensioners of quick response from the management as the meeting ends on friendly note.


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