First Bank Limited appoints Ebenezer Olufowose as chairman
- Ebenezer Olufowose appointed chairman of First Bank Holdings' banking subsidiary.
- Adesola Adeduntan resigned as CEO of First Bank of Nigeria Limited.
- Extraordinary general meeting for capital raise canceled.
The appointment of Ebenezer Olufowose as chairman of First Bank Holdings' banking subsidiary marks a new phase for the company after the resignation of Adesola Adeduntan. The cancellation of the extraordinary general meeting indicates a need for the bank to reassess its capital raise plans. With Olufowose's extensive experience in the financial services industry, there is potential for positive changes and strategic decisions in the future.
