Petrol price will increas says Rewane

The management of FCMB Group Plc has announced the retirement of Mr Bismarck Rewane from its Board of Directors. The retirement was confirmed at the Board’s meeting held on Friday, March 8th.

According to a statement sent to the Nigerian Stock Exchange, yesterday, FCMB Group said Mr Rewane’s services and contributions are highly appreciated.

“FCMB Group Plc hereby announces the retirement of Mr. Bismarck Rewane from the Board of the Company. This follows the acceptance of his retirement by the Board, at the Board of Directors’ meeting held on Friday, March 8, 2019.

“The Board and Management of FCMB Group Plc appreciate his valuable contributions and for always being available whenever called upon.”

Until his retirement, Mr Rewane served as a Non-Executive Director at at FCMB Bank (UK) Ltd, a subsidiary of the FCMB Group Plc. He was appointed to the position in 2009.

Here’s his full biography

Mr Rewane has more than 40 years of experience in the financial services sector where he has established himself as a notable figure.

He began his career in 1973 with Barclays Bank in the United. And then by 1975, he joined Barclays Bank of Nigeria.

By 1976, he had moved on to the First National Bank of Chicago in the United States of America, where he served as a Deputy Manager in charge of Credit.

He then joined the now defunct International Merchant Bank Nigeria Limited in 1981, where he held the position of General Manager until 1996.

Mr Rewane has held many other top positions in different financial institutions, including his current position as the Managing Director and Chief Executive  Officer of Financial Derivatives Company Limited.

He also sits on the boards of a handful of companies, including Top Feeds Nigeria Limited and Delta Packaging Nigeria Limited. previously, he served on the boards of Lion Bank of Nigeria plc and Intercity Bank of Nigeria Limited.

Deal book 300 x 250

Mr Rewane graduated from the University of Ibadan in 1972 with a B.Sc. degree in Economics. He also underwent the Barclays Bank International Graduate Tranning Programme at West London University. And then in 1975, he became an Associate of The Institute of Bankers (England & Wales).


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