Social media users are reacting to the recent appointment of billionaire businessman, Femi Otedola as the new Chairman of FBN Holdings PLC (Parent group of First Bank of Nigeria).
According to reports, the change of office happened at a recent meeting with the Board of Directors of the Group in Lagos On Wednesday, January 31st.
Femi Otedola, who is the father of famous disc jockey, will be succeeding Ahmad Abdullahi. Before his appointment, Otedola was the financial institution’s biggest and only substantial shareholder, holding a 5.6 percent stake.
His appointment will be effective from January 31st, 2024.
The news has left many talking as they congratulated the businessman on his new achievement.
One Bezoyello Salon wrote, “Congratulations papa Florence
One Armani Jayson wrote, “As it should be. If you know the time he bought shares from them then you’ll understand
One I Am Bmodel wrote, “The rich keep getting richer. Congratulations Dangote’s bestie
One Nohpheesat wrote, “So na my money Cuppy dey use toast Lerry
One Favorite Emporium wrote, “Congratulations to him. I trust he will do a good job
One Richy Billy wrote, “The rich are getting richer and all the Emilokans are still standing on their mandates
One Rodeo Mr wrote, “Big men doing big things. Congrats Mr Forte
One Mikky Torino wrote, “He is appointed to save the bank”.
In 2022, Femi Otedola was appointed Chancellor of Augustine University, a Catholic University of Lagos Archdiocese.
The University’s spokesman noted how the billionaire was deserving of it having been an untiring benefactor to the school’s development project.
As part of his contributions to the university, the billionaire businessman donated a N2 billion complex to Augustine University’s engineering faculty.
Last year, Otedola had replied a young man claiming to be his son from one of his past relationships.
A young man, took to his Instagram comment section, claiming to be the product of his secondary school affair, as he pleaded with the billionaire to take him back.
Replying him, Femi stated that he never had any girlfriend while in Secondary school as he was a book warm.
