The official announcement, conveyed through a corporate filing on the Nigerian Exchange Limited (NGX), signifies the commencement of Otedola's tenure, effective January 31, 2024. Renowned for his substantial achievements across diverse sectors, Otedola is poised to inject his wealth of experience and strategic insight into guiding FBN Holdings.

Otedola, a prominent business mogul, embodies the bank's commitment to harnessing top-tier leadership for driving innovation, growth, and sustainable development. His appointment is anticipated to mark the beginning of a new era, characterized by strategic direction and operational excellence for FBN Holdings. This move positions the institution to navigate the ever-evolving financial landscape, ensuring continued success in the dynamic industry.