FBN Hold­ings Plc an­nounces new board ap­point­ments

Daily Trust - - JOBS & CAREERS - By Mustapha Suleiman

FBN Hold­ings Plc, yes­ter­day an­nounced new Board ap­point­ments in the FBN Hold­ings Group, ef­fec­tive July 19 2016. The ap­point­ments have been ap­proved by the Board of Di­rec­tors, but re­main sub­ject to all nec­es­sary reg­u­la­tory ap­provals.

Ms. Ce­cilia Ak­in­to­mide and Mrs. Oluwande Muoyo are join­ing the Board of FBN Hold­ings Plc, while Mrs. Titi Ade­biyi and Al­haji Yusuf Modibbo join the Board of FBN Gen­eral In­surance Lim­ited, all as In­de­pen­dent Non-Ex­ec­u­tive Di­rec­tors.

Other ap­point­ments in the group have Mr. Akin Os­in­bajo and Mr. Ba­batunde Odunayo join the Board of FBN Mer­chant Bank Lim­ited while Mr. Fo­larin Alayande joins the Board of FBN In­surance Bro­kers Lim­ited re­spec­tively, all as Non-Ex­ec­u­tive Di­rec­tors.

FBN hold­ings said the ap­point­ments are con­sis­tent with the FBN Hold­ings Group cor­po­rate gov­er­nance, risk man­age­ment, ef­fi­ciency, di­ver­sity and sus­tain­abil­ity out­look, en­abling the Group to take ad­van­tage of the syn­er­gies from its glob­ally ex­pe­ri­enced Board mem­bers for the ben­e­fit of its wide ar­ray of cus­tomers and other stake­hold­ers.

While an­nounc­ing the ap­point­ments, Dr. Oba Otudeko, Group Chair­man, FBN Hold­ings Plc, said: “These ap­point­ments are meant to deepen the cor­po­rate gov­er­nance, in­sight and strate­gic de­ci­sion mak­ing of the Boards in our Group, while ex­tend­ing value for our cus­tomers, share­hold­ers, em­ploy­ees and other stake­hold­ers in a sus­tain­able man­ner.”

‘With these Board ap­point­ments, the FBN Hold­ings Group is poised to con­tinue the drive to deepen its foothold across Africa, whilst main­tain­ing pres­ence in var­i­ous re­gions of the world.”

Suleiman Ya­haya

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