Femi Otedola has emerged the new Chairman of FBN Holdings Plc, the parent company of First Bank.
FBN Holdings Plc announced the appointment of Olufemi Peter Otedola, CON, as its new Chairman of the Board of Directors, with the appointment taking effect from January 31.
The appointment of the business man is coming on the heels of a board meeting of the financial institution.
Femi Otedola, a renowned business mogul with significant contributions in various sectors, succeeds Alhaji Ahmad Abdullahi.
Mr. Otedola, is expected to bring his extensive experience and strategic insight to FBN Holdings. His leadership is anticipated to drive growth, innovation, and enhanced performance in the company.
The board commended the outgoing chairman, Alhaji Ahmad Abdullahi, for guiding FBN Holdings through numerous challenges, while maintaining its stature in the Nigerian financial landscape.