Just In: FBN gets new managing director as U.K Eke retires

The First Bank of Nigeria Limited, (FBN) holding Board has accepted the notice of voluntary retirement of the Group Managing Director, Mr. U.K. Eke, MFR. with effect from December 31, 2021, having served for two terms.

In a statement issued on Thursday signed by the company secretary, Seye Kosoko, this is in accordance with Nigerian Exchange Group (NGX) Rule Book.

According to him, the Board has 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.

More details to follow….