FBN Holdings Plc has announced the appointment of Mr Julius Omodayo-Owotuga as a Non-Executive Director.

In a notice at the Nigerian Exchange, the appointment was said  to have been approved by the Central Bank of Nigeria

The notice said is currently the Deputy Chief Executive of Geregu Power Plc, previously Group Executive Director Finace and Risk Management of Forte Oil Plc (now Ardova Plc) with executive accountability for Finace, Risk management, Treasury, Internal Control, General Administration, Procurement, and Information Technology.

Mr Femi Otedola who recently raised his stake in FBN Holdings to 7.57 per cent, following acquisition of an additional 2.5 per cent holding in the group is the Chairman of the Board of Directors Geregu Power Plc.