FBN Holdings Plc Chair Resigns
Please do not hurt the elephant; it is a very scarce type. From Premium Times: "Remi Babalola, who in April was appointed chairman of FBN Holdings Plc by the Central Bank of Nigeria, following the abrupt exit of his predecessor Oba Otudeko, has given up the top board role at the financial services group". Would this now force Femi Otedola to join the Board or appoint someone? (Mr. Otedola is the largest shareholder in the company)
Update: a new Chair has been appointed, Nairametrics reports.
Uploaded files:The Central Bank of Nigeria has approved the appointment of Alhaji Ahmad Abdullahi as non-executive Director of First Bank Holding Plc and Chairman of the company
This follows the recent resignation of the former Chairman of the company, Mr Remi Babalola.
The CBN’s approval of Alhaji Abdullahi was made known on Friday evening by its Director of Corporate Communications, Mr Osita Nwanisobi as he disclosed that the apex bank had been duly notified of the resignation of Mr. Babalola, as Chairman of the company against the backdrop of contest by some significant shareholders for control of First Bank Holding Plc.