THUR, FEB 01 2024-theGBJournal| FBN Holdings Plc Wednesday announced the appointment of Billionaire investor Femi Otedola as its new Chairman of the Board of Director, the Bank said in a statement signed by its Ag. Company Secretary, Adewale Arogundade.
He succeeds outgoing Chairman Alhaji Ahmad Abdullahi who has been the financial institution’s Board of Directors Chairman since his appointment on 17, December 2021.
Otedelo, a phillanthropist also, was appointed to FBN Holdings Board on 15 August 2023 as a Non-Executive Director, and he is the Bank’s biggest and only substantial shareholder with 5.6% stake.
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