Ebenezer Olufowose

Group Managing Director


Mr Olufowose is the Group Managing Director of First Ally Capital Limited, the parent company of First Ally Asset Management Limited.  He co-founded First Ally Capital Limited in 2014.  Prior to founding First Ally Capital Limited, he was Executive Director at Access Bank Plc, and Citibank Nigeria where he led Citigroup’s origination, structuring and execution of corporate finance and investment banking transactions in Nigeria. He started his banking career in 1985 at NAL Merchant Bank Plc (NAL) where he worked in the Corporate Planning and Corporate Finance Departments.

Mr Olufowose was appointed Chairman of the Board of First Bank of Nigeria Limited in May 2024. A first-class honours degree holder in Economics from the University of Lagos, he holds an MA in International Economics from the University of Sussex, England where he studied as a British Caledonian Airways/Sir Adam Thomson Scholar. He has attended several management and leadership training programs at leading institutions including the Institute of Management Development, Switzerland, Harvard Business School, Boston USA, and INSEAD Singapore. He is an Alumnus of the Harvard Business School and the Lagos Business School and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria, Fellow of the Institute of Credit Administration and Fellow of the Association of Investment Advisers & Portfolio Managers.


Arrival Hall D,
Murtala Muhammed International Airport.
Ikeja Lagos.



+234 807 759 2881
+234 807 759 2882
+234 807 759 2883