First Bank Unveils Femi Otedola as New Board Chairman

Nigerian billionaire and business mogul Femi Otedola, has been appointed as the new Chairman of Board of Directors for First Bank of Nigeria (FBN) Holdings.

Otedola’s appointment takes effect from Wednesday January 31, 2024. He will succeed the outgoing Chairman of the Board, Alhaji Ahmad Abdullahi.

FBN, Nigeria’s oldest financial institution announced the latest development in a corporate filing on the Nigerian Exchange Limited (NGX) to notify investors.

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Femi Otedola is a celebrated entrepreneur, investor, and philanthropist who is currently the Executive Chairman of Geregu Power PLC.

Details shortly…

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