Oba Otudeko, a former chairman of the directors’ board of FBN Holdings, is seeking to return to the top hierarchy of the lender, PREMIUM TIMES can report.
Mr Otudeko was ousted in 2022 following a shake-up at the financial institution by the Central Bank of Nigeria that indicted the industrialist for breach of corporate governance.
In a letter dated 7 January obtained by PREMIUM TIMES, Mr Otudeko (representing Barbican Capital Limited) and Saheed Alao (representing Industrial Mercantile and Investment Company Limited) wrote the top-tier lender, demanding removal of Femi Otedola, the chairman of FBN Holdings, and Julius Omodayo Owotuga, a non-executive director of the group, as directors of the holding company.
