CBN Appoints New Board for FBN Holdings, FirstBank

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By Obinna Chima The Central Bank of Nigeria (CBN) has reinstated Dr. Adesola Adeduntan who was summarily retired on Wednesday as the Managing Director/Chief Executive Officer of First Bank Nigeria …

The Central Bank of Nigeria has reinstated Dr. Adesola Adeduntan who was summarily retired on Wednesday as the Managing Director/Chief Executive Officer of First Bank Nigeria Limited by the board.

Addressing a media briefing in Abuja, CBN Governor, Mr. Godwin Emefiele, said the central bank took the actions in order to preserve stability of the bank, protect minority shareholders and depositors.

 

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