Have you heard that a billionaire business tycoon has emerged as the new board chairman of first bank holding in Nigeria?
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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.
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The billionaire investor and philanthropist succeeds the outgoing Chairman of the board, Ahmad Abdullahi.
Otedola is the father of a popular Nigerian DJ, Cuppy.
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