The First Bank of Nigeria (FBN) Holdings has appointed billionaire businessman Femi Otedola as the new chairman of its board of directors.
He succeeds the outgoing Chairman of the board, Alhaji Ahmad Abdullahi
The financial institution made this known to its investors through a corporate filing on the Nigerian Exchange Limited (NGX).
This appointment takes effect from January 31st, 2024, and follows a recent meeting of the board where Otedola succeeded Alhaji Abdullahi.
Otedola, a renowned business mogul with significant contributions in various sectors, is expected to bring his extensive experience and strategic insight to FBN Holdings
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Nigeria’s Banking Sector
Femi Otedola appointed FBN Holdings Chairman
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