Immediate past managing director of Fidelity Bank Plc Nnamdi Okonkwo has been appointed group managing director of FBN Holdings Plc.
His tenure as approved by the board will take effect from January 1, 2022.
The board of FBN Holdings Plc announced his appointment in a statement posted on the Nigerian Exchange Ltd (NGX) website.
The statement was signed by FBN Holdings company secretary Seye Kosoko on Thursday.
The statement said the appointment followed notice of the retirement of the GMD, U.K. Eke, with effect from December 31, 2021, having served for two terms.
It noted that the notice was in accordance with the 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,” the statement read.
It also approved the appointment of Tope Omage as non-executive director in First Bank of Nigeria Ltd subject to the approval of the Central Bank of Nigeria.
The board approved the renewal of the appointments of Adesola Adeduntan and Gbenga Shobo as the managing director and deputy managing director of First Bank of Nigeria Ltd respectively 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.