Nnamdi Okonkwo, the immediate past Fidelity Bank head will take the helms as the new group managing director of
FBN Holdings Plc, the parent company of Nigeria’s oldest bank FirstBank, on Thursday announced the appointment of Nnamdi Okonkwo, as the new group managing director of the holding company.
This appointment takes 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.
This is contained in a notice from the bank to Nigerian Exchange Group this comes after the board of directors accepted the voluntary retirement of Group Managing Director Mr. U.K. Eke, MFR with effect from December 31, 2021, having served for two terms.
Okonkwo previously served as the Executive Director for Southern Nigeria in Fidelity Bank.
He has worked meritoriously on an international level in his capacity as the Managing Director of UBA Ghana; Director, UBA Liberia and a Director of the Ghana National Banking College.
He has served in various leadership positions across other financial institutions including Broad Bank of Nigeria Ltd; Citizens International Bank, Nigeria; FSB International Bank Plc, Nigeria; Guaranty Trust Bank Plc, Nigeria; and Merchant Bank of Africa, Nigeria.
Mr Okonkwo made remarkable feats as a Director in various organizations including UBA Ghana, UBA Liberia, Nigeria e-government Strategy (Negst), Nigeria Interbank Settlement System Plc, Unified Payment System Ltd and as Chairman, Shareholders Audit Committee FMDQ, amongst others.
Also, the board has approved the appointment of Mrs Tope Omage as a Non- Executive Director of First Bank of Nigeria Limited by the Board of FirstBank, subject to the approval of the CBN.
The Board further announced the renewal of the appointments of Dr. Adesola Adeduntan and Mr. Gbenga Shobo as the Managing Director and Deputy Managing Director of FirstBank respectively, for another term.
