FBN Holdings MD Designate, Nnamdi Okonkwo Gets Baton Of Office

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.

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 Prime Business Africa | + postsBio

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.

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