First Bank appoints Ebenezer Olufowose as Chairman, Hassan-Odukale steps down

Date:

May 10, 2024.

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Azonuchechi Chukwu.

First Bank has announced Ebenezer Olufowose as its new Chairman as Tunde Odukale steps down.

FBN Holdings on Thursday officially announced the stepping down Chairman, First Bank of Nigeria Limited, Mr. Tunde Hassan-Odukale following the expiration of his tenure.

This was contained in an official filing of the company published on the stock exchange website.

His departure marks the end of a 12-year tenure on the board, adhering to the tenure guidelines set by the Central Bank of Nigeria (CBN) for Non-Executive Directors.

However, Mr. Ebenezer Olufowose has been appointed as the new Chairman of FBN Limited.

He joined the FirstBank Board as a Non-Executive Director in April 2021, and brings a robust wealth of experience spanning over three decades in the financial sector.

Prior to his new role, Olufowose served as the Group Managing Director of First Ally Capital Limited, a notable investment banking firm in Lagos.

However, Odukale’s exit followed that of the former Managing Director of First Bank Limited, Adesola Adeduntan who also resigned recently.(www.naija247news.com).


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Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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