The newly appointed chairmen of FBN Holdings Plc and its subsidiary; First Bank of Nigeria Limited; Remi Babalola and Tunde Hassan-Odukale paid a scheduled visit to the head office of the FBN Group on Wednesday, May 5, 2021. On hand to receive them were the Group Managing Director, FBNHoldings, Mr. U.K. Eke, MFR, the Managing Director of FirstBank, Dr. Adesola Adeduntan, and the Deputy Managing Director of FirstBank, Mr. Gbenga Shobo.
The chairmen held a meeting with the executive team of the Group further to their recent appointments by the Central Bank of Nigeria. The meeting availed the leadership of the Group the opportunity to update the chairpersons of the Boards on the strategic direction of FBN Holdings and its subsidiaries.
Remi Babalola is a graduate of Agricultural Economics from the University of Ibadan. He is a fellow of the Institute of Chartered Accountants of Nigeria, the Chartered Institute of Taxation of Nigeria, and the Institute of Directors of Nigeria. He also holds a Masters of Banking and Finance degree from the University of Lagos
Tunde Hassan-Odukale is a graduate of the University of London and City University, London. He holds a Bachelors Degree in Pure Mathematics and a Postgraduate Diploma in Actuarial Science. He is the Managing Director of Leadway Assurance and sits on the board of various blue-chip companies.
About FBN Holdings Plc.
FBN Holdings Plc. is the non-operating financial holding company of one of the largest banking and financial services organizations in Africa. A truly diversified financial services group that offers a broad range of products and services, including commercial banking, merchant banking and asset management, and insurance brokerage to millions of customers. FBNHoldings oversees business groups that collaborate to deliver innovative financial solutions.
The bank and the non-bank subsidiaries of the holding company operate in Nigeria, as well as through overseas branches, subsidiaries, and representative offices across the world. The companies in the FBNHoldings group include; First Bank of Nigeria Limited (FirstBank), a commercial bank with operations in 11 countries; the Merchant Banking and Asset Management business of FBNHoldings, which comprises FBNQuest Merchant Bank Limited, FBNQuest Capital Limited, FBNQuest Trustees Limited, FBNQuest Capital Asset Management Limited, FBNQuest Funds Limited, and FBNQuest Securities Limited.
FBN Insurance Brokers Limited is a subsidiary of FBNholdings. The business combines expert insurance brokerage knowledge and capabilities for risk assessment, analysis, structuring, and advisory services in the Life and General insurance business.