Ahmad Abdullahi, the new Chairman of FBN Holdings Plc.
Nigeria’s Central Bank has confirmed the appointment of Ahmad Abdullahi, as the new Chairman of FBN Holdings Plc.
The appointment of Abdullahi followed the resignation of Remi Babalola, the former chairman.
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Osita Nwanisobi, CBN’s spokesman confirmed to BusinessDay about the new appointment.
He said the bank had been duly notified of the resignation of Babalola, as Chairman of the company following the ongoing contest by some shareholders for control of First Bank Holding Plc.
“I hereby confirm that a new Chairman has been approved for FBN Holdings”, Nwanisobi said.
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.