JUST IN: Otedola Emerges FBN Holdings Chairman


First Bank of Nigeria Holdings Plc has appointed the 20th richest man in Africa, Femi Otedola, as its new Chairman.

FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the decision was made at the meeting of the Board of Directors odf the company held on Wednesday.

WhatsApp Image 2023 08 28 at 10.48.48 AM 1

Otedola, also the Chairman of Geregu Power, succeeds the outgoing Chairman of the FBN Board, Ahmad Abdullahi.

READ ALSO: FX Backlog: CBN Concludes Payment of All Verified Claims By Airlines

Otedola was appointed to the Board of FBN Holdings Plc on August 15, 2023 as a Non-Executive Director.

Otedola was recently ranked by American business magazine, Forbes, as the 20th richest African with a fortune of $1.1bn.

WhatsApp Image 2023 08 28 at 10.48.48 AM 1


Please enter your comment!
Please enter your name here