FBN Holdings has announced the appointment of Adebowale Oyedeji as its new Group Managing Director, effective November 13, subject to Central Bank of Nigeria approval and shareholder ratification.
Oyedeji will replace Nnamdi Okonkwo, who will retire after completing his term. Femi Otedola, Group Chairman of FBNHoldings, expressed pleasure in welcoming Oyedeji, stating that the board looks forward to him building on the company’s 130-year legacy and maintaining its leadership position.
Oyedeji’s appointment aims to ensure continuity and growth for the financial institution. His expertise and experience will be crucial in navigating the dynamic financial landscape and driving FBN Holdings’ success.
The appointment is subject to regulatory approval and shareholder confirmation at the Annual General Meeting.