Former chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika has said that the decision to sack reinstated Managing Director of the bank, Adesola Adeduntan, was done in the best interest of the institution. Awosika in a statement released via her Instagram account, said the decision to end the tenure of Adeduntan as the bank’s Managing Director was taken in the bank’s best interests. “In October 2010, I was appointed to join the board of First Bank of Nigeria and appointed the board of its startup FBN Life Insurance Limited a few months later. “Together with the rest of our team we built a company that became profitable in twenty-four months and continues to be so.