FBN Holdings Names Five New Directors Under Otedola’s Leadership

First Bank of Nigeria Holdings Plc, under the leadership of billionaire Femi Otedola as its new Chairman, has made significant changes to its board of directors.

The company has appointed two new non-executive directors, Olusola Adeeyo and Viswanathan Shankar, for the holding company, and three new non-executive directors, Remilekan Odunlami, Anil Dua, and Fatima Ali, for First Bank. These appointments were announced by the company’s Secretary, Adewale Arogundade, who also highlighted that the Central Bank of Nigeria’s approval is required for these appointments to be finalized.

Adeeyo, a former banker and Chairman of Astral Waters Limited, brings a wealth of experience to the board. Shankar, the CEO of Gateway Partners, has previously served as the CEO of Standard Chartered Plc. Odunlami has held directorial positions at CitiBank Nigeria Limited and FirstBank, and currently serves on the boards of Access Pensions Limited and Rand Merchant Bank Limited.

Dua has served on various boards, including Dangote GSP Offshore FZE and Heirs Holdings Oil and Gas Limited. Ali, the founder of Santi Food and Beverage Limited, is involved in charitable work with Reconnect Health Development Initiative International.

These appointments mark a new chapter for First Bank of Nigeria Holdings Plc under the leadership of Femi Otedola.