On Wednesday, the Chairman of FBN Holdings Plc announced the appointment of two new non-executive directors for the holding company and three new non-executive directors for First Bank.
Adewale Arogundade, the company’s Secretary, updated the Nigerian Exchange Group on recent developments within the bank. He announced the appointment of Olusola Adeeyo as a non-executive director and Viswanathan Shankar as an independent non-executive director in FBN Holdings.
The company also announced Remilekan Odunlami as non-executive director for First Bank while Anil Dua and Fatima Ali were appointed as independent non-executive directors for the bank.
The appointments of the five new directors are subject to the approval of the Central Bank of Nigeria, CBN.
Late January, FBN Holdings Plc appointed Otedola as its new Chairman to succeed Ahmad Abdullahi.
Otedola was first appointed to the Board of FBN Holdings Plc on August 15, 2023 as a Non-Executive Director.
He was recently ranked by American business magazine, Forbes, as the 20th richest African with a fortune of $1.1 billion.
