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Femi Otedola confirmed majority shareholder of FBN Holdings with 7.57%

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Femi Otedola takes over as chairman of FBN Holdings

Femi Otedola, an investor and philanthropist, had officially been confirmed as majority shareholder of FBN Holdings.

The bank’s 2022 first-quarter result released recently the week confirmed his ownership of 2,717,282,140 shares or 7.57% of the bank’s total shares of 35,895,292,791.

The shares makes the chairman of Geregu Power Plant, the single largest shareholder.

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