FBN Holdings Appoints New Group Managing Director

FBN Holdings Appoints New Group Managing DirectorFBN Holdings has announced the appointment of Adebowale Oyedeji as its new Group Managing Director, effective November 13, pending approval from the Central Bank of Nigeria and ratification by shareholders at the upcoming Annual General Meeting.

This update was shared in a corporate notice filed with the Nigerian Exchange Limited on Friday.

FBN Holdings Group Chairman, Femi Otedola, expressed enthusiasm about Oyedeji’s appointment, stating, “The Board is pleased to welcome Wale Oyedeji to the Holdco and looks forward to him building on the solid foundation of our 130-year-old franchise and sustaining its undisputed leadership position.”

Oyedeji succeeds Nnamdi Okonkwo, who will retire from the company upon completing his term.

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