FBN Holdings MD Designate, Nnamdi Okonkwo Gets Baton Of Office

December 13, 2021

The immediate past head of Fidelity Bank, Nnamdi Okonkwo, who was recently appointed group managing director of FBN Holdings Plc has received the baton of office to steer the ship of the company when the outgoing MD, U.K Eke finally bows out.

At a ceremony on Saturday to mark the official handover, the outgoing MD, Eke handed over the FBN Holdings’ pennant to Okonwko, which means a transfer of power, wishing him successful leadership of the financial institution.

FBN Holdings which is the parent company of Nigeria’s oldest bank, First Bank announced Okonkwo’s appointment on October 28.

Join our WhatsApp Channel

While Eke’s tenure terminates on December 31, 2021, Okonkwo’s appointment takes effect from January 1 next year.

READ ALSO: Nnamdi Okonkwo Takes Over As FBN Holdings MD

The FBN management had said in a statement that Okonkwo’s appointment was based on his excellent performance and wealth of experience in transformational leadership and innovative business and corporate governance in the financial sector, which the management hopes that he would bring on board to lead the company to a greater height.

Okonkwo has had more than three-decade career experience in the banking sector.

READ ALSO: FBN Holdings MD Retires

 

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

People at Airport
Previous Story

UAE Bans Nigeria, DR Congo, Passengers Over COVID-19

Next Story

Access Bank’s Shareholders Think Restructuring To HoldCo Dec 16

Featured Stories

Latest from News

Nigeria Customs to step up intelligence-led checks

By Prosper Okoye Nigeria’s customs authorities say they are strengthening intelligence-led operations in a move they say could curb smuggling, improve border security and protect government revenue. The Comptroller-General of Customs, Adewale Adeniyi, told officers of the Customs Intelligence Unit in Abuja
People at Airport
Previous Story

UAE Bans Nigeria, DR Congo, Passengers Over COVID-19

Next Story

Access Bank’s Shareholders Think Restructuring To HoldCo Dec 16

Don't Miss

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Nigeria’s Equity Market Slides As Investors Lose N51bn Amid Negative Sentiment

Equity Market Experiences Setback Nigeria’s equity market took a hit
Ford Foundation Seeks Intervention Of Cultural, Faith Leaders In Tackling GBV In Nigeria

Leaders of Faith And Culture And The 2024 International Women’s Day Commitments Of African Governments

As the world commemorated International Women’s Day, on 8th March,