₦airaland Forum

The appointments of the five new directors are subject to the approval of the Central Bank of Nigeria (CBN).

With billionaire Femi Otedola in the saddle as its new Chairman, First Bank of Nigeria Holdings Plc, on Wednesday, appointed two new non-executive directors for the holding company and three new non-executive directors for the First Bank.

Updating the Nigerian Exchange Group of recent development within the bank, the company’s Secretary, Adewale Arogundade, announced the appointment of Olusola Adeeyo and Viswanathan Shankar as non-executive director and independent non-executive director respectively 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.

The appointments of the five new directors are subject to the approval of the Central Bank of Nigeria (CBN).

Adeeyo, a former banker and ex-Chairman of AXA Mansard Insurance Plc, is currently the Chairman of Astral Waters Limited, a water bottling and delivery company.

Shankar, the Chief Executive Officer of private equity investments firm Gateway Partners, previously served as the CEO of Standard Chartered Plc.

Odunlami has served as Director at CitiBank Nigeria Limited and FirstBank. She currently sits on the Board of Access Pensions Limited as an Independent Non-Executive Director and the Board of Rand Merchant Bnak Limited as a Non-Executive Director.

Also, Dua has sat on the Board of Dangote GSP Offshore FZE, Seychelles International Mercantile Banking Corporation, Heirs Holdings Oil and Gas Limited, Matador Investment Management Limited and Africa Property Development Managers Limited.

Ali, founder of Santi Food and Beverage Limited, currently sits on the Board of Reconnect Health Development Initiative International, a mental health charity organisation.

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

With his appointment, Otedola, also the Chairman of Geregu Power, succeeded Ahmad Abdullahi.

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

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

https://www.channelstv.com/2024/03/21/fbn-holdings-appoints-five-new-directors-as-otedola-takes-over/

Congrats to them. But let them use this their office to better the economy of our dear nation Nigeria.


This FTC is dedicated to every man and woman hustling for their pay.

Please, never give up. Keep trying, you must make it.

God bless Nigeria
God bless Nigerians.
God bless all Nairalanders.

Nice1

O.te$

Ote money

Congratulations to the new appointee and Femi Otedola. First bank is one of the banks I can keep my money and be rest assured that nothing will happen to it. They are security conscious and deliberately delay transactions at times. It may be frustrating for those in urgent situation.

Advantages of Otedola to the bank

1. **Strategic Decision Making**: leveraging their intellect to foresee trends and opportunities in the market.

2. **Innovative Thinking**: using intelligence to develop groundbreaking technologies and solutions that revolutionize industries.

3. **Adaptability**: People like Otedola are usually adept at adapting to changing circumstances, allowing them to navigate complex business landscapes with agility and resilience.

4. **Global Influence**: People like Otedola intelligence grants them the ability to influence not only their industries but also broader societal and policy discussions, shaping the direction of economies and societies.

5. **Problem-Solving Skills**: He can excel at solving complex problems, whether they're related to business challenges or broader societal issues, contributing to positive change on a large scale.

6. **Network Building**: Otedola class tend to build extensive networks of like-minded individuals, experts, and influencers, enabling them to access resources, expertise, and opportunities that further fuel their success.


Otedola not only offers financial success but also provides opportunities to make a significant impact on the Firstbank through innovation, leadership, and philanthropy.

Please i beg you... No matter what you do,
DON'T DIE POOR

Money Money Money

They said Ololade dey gbomolo, na because he his loaded

🤭

Money matter... when power changes hand, some people gets lifted and some demoted.

Agbadorians bank

Thank God I no get account with them

Money doings

Yoruba lokan

Do you mean Femi 0tedola🥺🥺

Boardroom shark

Otedola First Bank. Elumelu UBA.

Let the competition continue

Congratulations, God open my own doors

Otedola is smarter than Dangonte

Hope the power issues is now over no more oba Otudeko

Congratulations

Billionaire without noise like some people.

Dj Cuppy will soon become their MD

So otedola don take over first bank?
Thank god I don’t have account with them

Ulogwe1:
Congrats to them. But let them use this their office to better the economy of our dear nation Nigeria.


This FTC is dedicated to every man and woman hustling for their pay.

Please, never give up. Keep trying, you must make it.

God bless Nigeria
God bless Nigerians.
God bless all Nairalanders.

because he’s you governor, senator or local government chairman? Will you gedifok

ecolime:
Dj Cuppy will soon become their MD

She will paint the bank pink o😂

CartelKenneth:
So otedola don take over first bank?
Thank god I don’t have account with them

FBNH don’t need a pauper like you.

Lol shey people still dey use first bank this year alone I never see anybody send me FirstBank account mk I credit.....