Nnamdi Okonkwo appionted has Group Managing Director of FirstBank Holdings Plc.



The Board of First Bank of Nigeria Holdings Plc has appointed the immediate past Managing Director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo as Group Managing Director. The appointment would be effective from January 1, 2022. This appointment followed the willing resignation Mr. U.K. Eke, who has completed a two-term tenure. 

The Board further announced the renewal of the appointments of Dr. Adesola Adeduntan and Mr. Gbenga Shobo as the Managing Director and Deputy Managing Director of FirstBank respectively, for another term.
Also,the Board announced the appointment renewal of Mr. Kayode Akinkugbe and Mr. Taiwo Okeowo as the Managing Director and Deputy Managing Director of FBNQuest Merchant Bank Limited for another term.

The last Chief Executive Officer of Fidelity Bank Plc, brings to bear on the Board of FBNHoldings. more than 30 years unbroken banking career spanning local and international experience. He has a wealth of experience in transformational leadership, business strategy development and visioning, innovative corporate governance and risk management. He has led the transformation of banks, with the most recent being Fidelity Bank, where he led the management team in seven years to achieve remarkable results culminating in tripling profit and shareholder value.

Okonkwo has worked meritoriously on an international level in his capacity as the Managing Director of UBA Ghana; Director, UBA Liberia and a Director of the Ghana National Banking College where he made remarkable feats. He has served in various leadership positions across other financial institutions including Broad Bank of Nigeria Ltd; Citizens International Bank, Nigeria; FSB International Bank Plc, Nigeria; Guaranty Trust Bank Plc, Nigeria; and Merchant Bank of Africa, Nigeria.

The Board of FBN Holdings Plc. also approved the appointment of Mrs. Tope Orhionsefe Omage as a Non-Executive Director of First Bank of Nigeria Limited by the Board of FirstBank, subject to the approval of the CBN. The Board also announced the appointment of Meristem Registrars Limited as the new Registrars to take over the Register of Members of FBN Holdings Plc in replacement of First Registrars and Investors Services Limited, with effect from December 1, 2021.

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