FBN Holdings appoints Oyewale Ariyibi new CFO

FBN Holdings Plc has announced the appointment of Mr. Oyewale Ariyibi as the new Chief Finance Officer (CFO) of the holding company.

Company Secretary of FBN Holding, Tijani Borodo affirmed this in a letter sent to the Nigerian Stock Exchange (NSE) in Lagos.

Borodo said the board of FBN Holdings Plc at its meeting held on October 21, 2016 approved the appointment of Mr. Oyewale Ariyibi as the CFO subject to the approval of the Central Bank of Nigeria.

Mr. Ariyibi was until his appointment the Head, Finance for FBNH. Prior to this, he was Chief Finance Officer at Transnational Corporation of Nigeria Plc and Country Financial Controller at Standard Chartered Bank, Nigeria. He has a combined 26 years’ experience in banking and allied financial services, business assurance, tax management, business process review and consulting across several institutions.

Ariyibi core competencies include financial accounting and reporting, capital raising, tax planning and cost management, operational risk management, strategic and corporate planning, compliance and business assurance amongst others, which he brings to bear on his functions at FBN Holdings Plc.

He holds a Masters in Business Administration (MBA) from the University of Lagos. He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), Associate of the Chartered Institute of Taxation (ACIT) and Certified Pension Institute of Nigeria (ACIP).