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Dangote Cement Board Member Viswanathan Shankar Joins FBN Holdings

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Viswanathan Shankar

By Aduragbemi Omiyale

The board of FBN Holdings Plc, a financial powerhouse in Nigeria, has announced new additions to its board of directors as a billionaire businessman, Mr Femi Otedola, drives the firm to greater heights.

In a notice to the Nigerian Exchange (NGX) Limited, FBN Holdings said it has appointed Mr Olusola Adeeyo as a non-executive director subject to the approval of the Central Bank of Nigeria (CBN) and the shareholders at the next Annual General Meeting (AGM) of the company later this year.

It also announced the appointment of Mr Viswanathan Shankar as an independent non-executive director subject to the authorisation of the CBN and shareholders. He is currently on the boards of Dangote Industries Limited and Dangote Cement Plc as a non-executive director.

The notice signed by the company secretary, Mr Adewale Arogundade said Mr Adeeyo brings to the board over 40 years of rich experience in corporate banking, treasury, financial advisory and transformation leadership.

He started his banking career at the Corporate Banking Department of Citibank and was later moved to the reconstituted Treasury and Foreign Exchange Unit of the lender. He capped his banking career as part of the founding management of Stanbic IBTC Bank as director/group head of Treasury.

Until February 2023, he was the chairman of AXA Mansard Insurance Plc and had previously served on the board of other reputable companies, including the Central Securities and Clearing Company (CSCS) Plc, and Viathan Engineering Limited, among others.

As for Mr Shankar, he is expected to bring his more than 44 years of global financial sector experience in C-suite roles across geographies and products to the board of FBN Holdings.

He co-founded Gateway Partners, a private equity and alternative investments manager focused on investing in the dynamic growth markets of Africa, Asia and the Middle East. He previously served as Head of Investment Banking for the Asia Pacific at Bank of America and is currently a non-executive director on the board of Dangote Industries Limited, Vision Blue Resources, and others.

In a related development, FBN Holdings has announced the appointment of three directors to the board of its banking subsidiary, First Bank of Nigeria Limited.

The appointees are Mrs Remilekun Adetola Odunlami as a non-executive director and Mr Anil Dua and Mrs Fatima Ibrahim Ali as independent non-executive directors, all subject to the approval of the central bank.

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Jobs/Appointments

Kayode Oyekanmi Replaces Sola Kosoko as LTV General Manager

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Kayode Oyekanmi LTV General Manager

By Modupe Gbadeyanka

Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.

Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.

The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.

Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.

Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.

A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.

He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.

The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.

He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.

He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).

In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.

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Tinubu Chooses Famadewa as Special Adviser on Homeland Security

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adeyinka famadewa

By Modupe Gbadeyanka

A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.

The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.

His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.

It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.

The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.

The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.

He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.

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FCMB Fortifies Board With Appointment of LSETF Chair Adepeju Adebajo

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Adepeju Adebajo

By Aduragbemi Omiyale

In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.

A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).

She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.

Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).

In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).

Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.

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