Tag: First bank

BREAKING: Awosika breaks Silence after Sack as First Bank Chair
Interview, News, Nigeria

BREAKING: Awosika breaks Silence after Sack as First Bank Chair

Sacked former chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has insisted the decision to sack reinstated Managing Director of the bank, Adesola Adeduntan, was taken in the best interest of the institution. She said maintained consistency in her contributions to development of the bank in over five years as chairman. Awosika explained she joined the bank’s board in October 2010 after which she was appointed to chair the board of FBN Life Insurance Limited. There were reports the Central Bank of Nigeria (CBN) wielded the big stick on Awosika and Chairman of FBN Holdings, Mr. Oba Otudeko on Thursday. The CBN named Mr. Remi Babalola as replacement for Otudeko (FBN Holdings Chairman) and Tunde Hassan-Odukale as Mrs. Awosika’s replacement FBN (Chairman). Awosi...