Okonkwo Appointed FBN Holdings’ GMD, Eke Bows Out…

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FBN

FBN Holdings Plc. yesterday announced the appointment of the immediate past Managing Director of Fidelity Bank Plc., Mr. Nnamdi Okonkwo, as Group Managing Director (GMD) of the holding company.

Newsonspot blog reports that the appointment, which followed the retirement of the current GMD, Mr. U.K. Eke, would become effective from December 31, 2021.

The financial institution announced the changes in a statement signed by the Company Secretary, Seye Kosoko, which was presented on the floor of the Nigerian Exchange Limited.

The statement said the appointment followed notice of the retirement of the Group Managing Director, Mr U.K. Eke, with effect from December 31, 2021, having served for two terms.

It noted that the notice was in accordance with Nigerian Exchange Group (NGX) Rule Book.

“The board approved the appointment of Mr Nnamdi Okonkwo as the new Group Managing Director of FBN Holdings Plc, with effect from January 1, 2022, subject to the approval of the Central Bank of Nigeria (CBN) and the shareholders at the next Annual General Meeting of the company,” it said.

It also approved the appointment of Mrs Tope Omage, as non-Executive Director in First Bank of Nigeria Ltd., subject to the approval of the CBN.

The board approved the renewal of the appointments of Dr Adesola Adeduntan and Mr Gbenga Shobo as the Managing Director and Deputy Managing Director of First Bank of Nigeria Ltd., for another term.

“The board approved the renewal of the appointments of Mr Kayode Akinkugbe and Mr Taiwo Okeowo as the Managing Director and Deputy Managing Director of FBNQuest Merchant Bank Ltd respectively, for another term,” said the statement.

The board, however, approved the appointment of Meristem Registrars Ltd as the new Registrars to take over the Register of Members of FBNH in replacement of First Registrars and Investors Ltd, with effect from December 1, 2021.

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