FirstBank Announces New Board Of Directors
We refer to the Central Bank of Nigeria Limited (CBN) pronouncement on the reconstitution of the Board of Directors of First Bank of Nigeria Limited.
Further to the press conference held by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele CON on Thursday, 29 April 2021, the Boards of FBN Holdings Plc and First Bank of Nigeria Limited were dissolved and reconstituted, pursuant to its power under Banks and Other Financial Institutions Act (BOFIA) 2020.
The Board of Directors of First Bank of Nigeria Limited is now comprised as follows:
1. Mr. Tunde Hassan-Odukale – Chairman
2. Mrs. Tokunbo Martins
3. Mr. Uche Nwokedi
4. Mr. Adekunle Sonola
5. Ms. Isioma Ogodazi
6. Mr. Ebenezer Olufowose
7. Mr. Ishaya Elijah B. Dodo
8. Dr. Adesola Adeduntan FCA – Managing Director/ Chief Executive Officer
9. Mr. Gbenga Shobo – Deputy Managing Director
10. Dr. Remi Oni – Executive Director
11. Mr. Abdullahi Ibrahim – Executive Director
Dr. Adesola Adeduntan has since resumed work as CEO in line with the directives of the CBN.
We can confirm that the Bank is cooperating with the Central Bank of Nigeria and other regulators while the operations of the Bank are not hampered or hindered in any way and are in fact running smoothly.
We further wish to reassure the public, our esteemed customers and stakeholders in the words of the Governor of the Central Bank in concluding his press conference, “The CBN hereby reassures the depositors, creditors and other stakeholders of the bank of its commitment to ensuring the stability of the financial system. There is therefore no cause for panic amongst the banking public, given that the actions being taken are meant to strengthen the Bank and position it as a banking industry giant.”
In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted…
Access Bank has advocated for innovative financing models to realise SDGs. Glamtush reports that…
Ola Aina names toughest player he played against in his career. Glamtush reports that Super…
Lagos has uncovered 86 under-bridge apartments where tenants pay N250,000 as rent. Glamtush reports…
FG has given a fresh condition for the issuance of gas licence. Glamtush reports…
CODAFA says the allegation against PINL, Olu of Warri are baseless and malicious. Glamtush…