CORPORATE NEWS: FBN HOLDINGS ; TIGER BRANDED

FBN HOLDINGS PLC: CHIEF RISK OFFICER RETIRES.

The Chief Risk officer and executive director of FBN Holdings PLC flagship subsidiary, First Bank Nigeria, Mr Abiodun Odubola will retire from service on June 6, this year.
According to a notice to the stock market signed by company Secretary, Tujani M. Borodo esq, he retires after serving as Chief Risk officer since 2013 and after being appointed to the board since 2014.
His replacement as Chief Risk officer, says Borodo, will be announced later.
Meanwhile, Dr Oyindasola Oluremi Oni has been appointed to the First Bank board as executive director. Corporate banking .
Oni brings to near 24 years experience in corporate finance, commercial and retail banking.

TIGER BRANDED CONSUMER GOODS PLC: NAME CHANGE.

At last, Tiger Branded Consumer Goods PLC is to drop its mouthful name and revert back to its original name: Dangote Flour Mills PLC.
According to a notice signed by company Secretary/ Legal adviser, Mrs Aisha Ladi Isa, the resolution to this effect was passed at the Annual General Meeting on April 7, this year.
At the same meeting, says Mrs Isa it was also resolved that the new name be effected in the company's Articles and Memorandum of Association.
Finally, it was also resolved that the financial year be changed from October to September to January to December. In effect, the current year will end not on September but December thus spanning fifteen months.
In addition, Mrs Yabawa Lawan Wabi was appointed to the board of directors in non- executive capacity from April 7, this year.
She is a graduate of accounting from Ahmadu Bello University and brings to bear experience as seasoned public servant since 1985 and as a Minister of the Federal Republic of Nigeria 2010 to 2011.

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