In a statement on Wednesday, January 31, 2024, to notify the Nigerian Exchange Limited and the investing public, the company said Otedola emerged at a meeting of the Board of Directors held the same.
The 61-year-old entrepreneur succeeded the outgoing Chairman of the Board, Alhaji Ahmad Abdullahi, and his appointment takes effect immediately.
Otedola, also the Chairman of Geregu Power, was appointed to the Board of FBN Holdings PIc on 15 August 2023 as a Non-Executive Director.
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