Wale Oyedeji has been appointed as the Group Managing Director of FBN Holdings PLC. This consummate professional and charismatic leader will replace Nnamdi Okonkwo, who will retire from the Company after the completion of his term.
Wale holds a Bachelor of Science in Agricultural Economics from the University of Ibadan and a Science in Financial Economics from the University of London. He Is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an alumnus of the Advanced Management Program of Harvard Business School.
He has over 30 years of banking experience in corporate banking, treasury, commercial banking, and general management. He served as Managing Director of Guaranty Trust Bank UK between 2008 and 2011. He was appointed to the Board of Guaranty Trust Bank Plc CGTBank’) in October 2011, where he served as Executive Director for the Corporate Banking Group and contributed immensely to the growth and transformation of the Business. Wale also served as an Independent Non-Executive Director of Stanbic IBTC Bank.
Before his appointment as the GMD of FBNHoldings, Wale was the MD/CEO of Nova Commercial Bank and contributed to the institution’s conversion to a Commercial Bank and Its foray into Retail Banking. He began his early career with Ernst Young, where he initially trained as an accountant.
At FBNHoldings, Wale would lead the Executive teams at Holdco and the various subsidiaries in implementing the new five-year Strategic plan.
Speaking on this appointment, Mr Femi Otedola, CON, the Group Chairman of FBNHoldings, commented that ‘the Board is pleased to welcome Wale Oyedeji to Holdco and looks forward to him building on the solid foundation of 130-year-old franchise and sustaining undisputed leadership position.’
