FBN Holdings has appointed a brand new group managing director to steer the monetary companies group efficient from 13 November, the company introduced on Friday.
Adebowale Oyedeji, the present chief government officer of Nova Financial institution, will change Nnamdi Okonkwo, who has held the highest government place on the banking group since January 2022.
Mr Adebowale’s appointment is topic to the approval of the Central Financial institution of Nigeria in addition to the ratification of FBN Holdings’ shareholders on the annual normal assembly of the corporate.
“Wale holds a Bachelor of Science in Agricultural Economics from the College of Ibadan and a Grasp of Science in Monetary Economics from the College of London,” FBN Holdings mentioned in an announcement.
“He’s a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an alumnus of the Superior Administration Program of Harvard Enterprise College,” it added.
He began his skilled profession with the consultancy Ernst & Younger, the place he had early coaching as an accountant.
His banking profession, spanning greater than three many years, encompasses treasury, company banking, normal administration in addition to business banking.
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From 2008 to 2011, he held the position of managing director, Warranty Belief Financial institution (GTB) UK. Mr Adebowale joined the board of administrators of GTB in 2011.
He held the place of government director, company banking group on the top-tier lender, taking part in a key position within the development and transformation of the enterprise.
He was a former impartial non government director of Stanbic IBTC Financial institution, the native subsidiary of South Africa’s Customary Financial institution.
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The turning level of his position because the CEO of Nova Financial institution was the transformation of the lender from a service provider financial institution right into a business financial institution this 12 months together with its foray into retail banking.
FBN Holdings mentioned Mr Adebowale would lead the manager groups on the holding firm and its working firms towards the implementation of its five-year strategic plan.
“The board is happy to welcome Wale Oyedeji to the Holdco and looking out ahead to him constructing on the stable basis of 130-year-old franchise and sustaining its undisputed management place,” mentioned Chairman Femi Otedola.
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