Banking
April 29, 2021
CBN Removes Oba Otudeko Appoints Remi Babalola As New Chairman of FBNHoldings
 

The Central Bank Of Nigeria in response to the change of the leadership in First Bank, without its approval through its Governor Mr. Godwin Emefiele held a press briefing.


Mr Emefiele citing issues of insider dealings wielded the powers of BOFIA 2020 to announce a change in the board of FBN Holdings Plc.


The CBN Governor announced Mr Remi Babalola as the new Chairman of FBN Holdings Plc to replace Dr. Oba Otudeko and reinstated Dr. Adesola Adeduntan as MD of First Bank.


Watch Video Courtesy WebTV NG


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