Have you heard that a billionaire business tycoon has emerged as the new board chairman of first bank holding in Nigeria?
The management of FBN Holdings Plc., on Wednesday announced the appointment of Femi Otedola as new Chairman of the oldest financial institution in Nigeria in a notification to the Stock Exchange.
Olufemi Peter Otedola is the former chairman of Forte Oil Plc and is the current executive chairman of Geregu Power PLC.
The billionaire investor and philanthropist succeeds the outgoing Chairman of the board, Ahmad Abdullahi.
Otedola is the father of a popular Nigerian DJ, Cuppy.
