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Nairaland Forum / Nairaland / General / Business / Why Remi Babalola Resigned As Chairman Of FBN Holdings (20635 Views)
Remi Babalola Resigns From FBN Holdings As Chairman / FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder / Sanlam Takes Full Ownership Of FBN Insurance In Nigeria (2) (3) (4)
Why Remi Babalola Resigned As Chairman Of FBN Holdings by Mecka: 9:34pm On Dec 18, 2021 |
Remi Babalola, former chairman of FBN Holdings Plc appointed by the Central Bank of Nigeria following the abrupt exit of his predecessor, Oba Otudeko, resigned his position due to “the rot, stench and corruption in the system”, PREMIUM TIMES has learnt. https://www.premiumtimesng.com/news/headlines/501472-exclusive-why-remi-babalola-resigned-as-chairman-of-fbn-holdings.html 3 Likes 1 Share
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Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by yanabasee2: 9:37pm On Dec 18, 2021 |
Otedola to grace the board of trustees and as the chairman.... If he takes that position, then he's making his way into CBN... 7 Likes 1 Share |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by dawnomike(m): 9:46pm On Dec 18, 2021 |
Oba otudeko should rest and acknowledge it is Otedola's time to shine... I wish the former Chairman Babalola a happy post resignation era 5 Likes 2 Shares |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by FreeStuffsNG: 10:21pm On Dec 18, 2021 |
I think he forgot to include the bizarre controversial appointment of Mr Nnamdi Okonkwo as replacement for Mr Eke. U.Eke among his 'achievements'. Under Mr Nnamdi Okonkwo as M.D in Fidelity Bank Plc, both serious financial crimes of Mrs Diezani Masueke and Mr Maina took place and Mr Nnamdi Okonkwo is a regular EFCC suspect. Recently this week,Mr Nnamdi Okonkwo has been rearrested for the discovery of a fresh $75m loot linked to Diezani and the Judgement by the Judge that convicted Maina stating that the banks that helped Maina ship the stolen pension funds overseas must be prosecuted by EFCC still hangs like a sword of Damocles over Nnamdi' s head because EFCC has promised to execute that judgement. Yet Mr Babalola claimed to have stopped FBN brand value erosion? Is it not that same Mr Nnamdi Okonkwo that was appointed under Mr Remi Babalola to head a system with rot and corruption? The board and management of FBN is not serious at all and the shareholders must call for the sack of the board by CBN. In my opinion, both the board and management are hands in glove in the rot Mr Babalola is referring to. Everything is just messed up at FBN and I truly hope Mr Otedola fix it all. It is a rot, today, it is FBN being alleged of not paying compensation to families of ex workers who died in service, yesterday it's a visit to EFCC to help them trace a stolen $2 billion,tomorrow it's allegation on saharareporters and nairaland that they didn't pay a small indigenous company that designed their 125th anniversary logo for them and just days to Christmas they appointed a man at the centre of serious financial crimes against the nation as MD I completely agree with Mr Babalola that it stinks at FBN and CBN and the shareholders must do something quick. As we type here, Mr Otedola is yet to take over the board but there's already an attempt to frustrate his investment with the appointment of Mr Okonkwo. That this controversial appointment took place under Mr Remi Babalola's time as Chairman leaves me no choice than to blame him too. 50 Likes 6 Shares |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by WesleyPepper: 11:04pm On Dec 18, 2021 |
yanabasee2:See kpummuri in action. Move to cbn kee you there. These osu lout sef 7 Likes 2 Shares |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by Dozie32(m): 7:34am On Dec 19, 2021 |
Your matter. |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by DropsMic(m): 7:34am On Dec 19, 2021 |
Hmm |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by bestman09(m): 7:35am On Dec 19, 2021 |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by Bmaged: 7:35am On Dec 19, 2021 |
Ehyah |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by iCauseTrouble: 7:37am On Dec 19, 2021 |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by ATEAMS: 7:37am On Dec 19, 2021 |
Cux another bigger thief don take over |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by specialmati(m): 7:37am On Dec 19, 2021 |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by seunolu7: 7:38am On Dec 19, 2021 |
Yorubas truly control the banking industry in this country 6 Likes |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by money121(m): 7:38am On Dec 19, 2021 |
Ok |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by donprinyo(m): 7:38am On Dec 19, 2021 |
WesleyPepper:shame on you. lies and deceit will always bring u and ur people down. 5 Likes 1 Share |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by iHart(m): 7:39am On Dec 19, 2021 |
Nairaland has lost it. Its now a fighting forum. Tribal war here and there 2 Likes |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by Latidoh1: 7:41am On Dec 19, 2021 |
Wahala never too much for this country so... |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by visijo(m): 7:42am On Dec 19, 2021 |
OK nice reason. If your girlfriend is darker than you then it’s her duty to go lock the gate at night.� 1 Like 1 Share |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by Skillsnigeria: 7:44am On Dec 19, 2021 |
Hmmm |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by allahIsAnIDOL: 7:44am On Dec 19, 2021 |
Mods banned me but I have plenty akkants. Yeye mods, to open a NL acc is the easiest thing to do. 1 Like 2 Shares |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by Elzazzi: 7:45am On Dec 19, 2021 |
Resigned because of Otedola 1 Like |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by DLSReigns: 7:46am On Dec 19, 2021 |
When such apex job is associated with words like rot, stench etc, Hmmm they have really bastardized the office indeed. They only brought him to 'fertilize' the office so the 'rot and stench plc' can come back again and continue the looting. But the guy smart.. 2 Likes 1 Share |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by dfrost: 7:48am On Dec 19, 2021 |
FreeStuffsNG: I'm not sure CBN will allow this slide. They are tough on banks these days. The rot in the banking system, if you have ever assessed them, will shock you to the marrow. 2 Likes |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by Urbanchampion: 7:50am On Dec 19, 2021 |
See blackmailing, calling a dog a bad name..... |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by dingbang(m): 7:50am On Dec 19, 2021 |
Yoruba stew, too much pepper dey inside |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by delzbaba(m): 7:51am On Dec 19, 2021 |
In all of this dilly-dallying money in billions is leaking out from the bank. |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by SavageResponse(m): 7:55am On Dec 19, 2021 |
He who wears the shoe knows where it pinches 1 Like |
Re: Why Remi Babalola Resigned As Chairman Of FBN Holdings by IbileIfe: 8:02am On Dec 19, 2021 |
yanabasee2:Your ignorance is as clear as the daylight. 1 Like |
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