FBN Holdings appoints new Non-Executive Director 

FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, has announced the appointment of Ado Yakubu Wanka as its Non-Executive Director.

Wanka’s appointment was disclosed in a statement signed by the Company Secretary of the financial institution, Seye Kosoko, and issued to the Nigerian Stock Exchange (NSE).

Wanka’s profile: The seasoned banker with managerial experience in banking and finance, started working as a Process Engineer with Ashaka Cement Company Plc in 1978. Later, he joined the Northern Nigerian Development Company (NNDC) and participated actively in new business development and monitoring of the company’s quoted and unquoted investments.

Wanka also served in various capacities in the oil and gas industry. He was the Acting Head of New Business Development and later Head, Strategic Planning at the Nigerian National Petroleum Corporation (NNPC). He was also the Executive Director of Finance and Administration and Executive Chairman of the Nigeria-Sao Tome Joint Development Authority from 2006-2008.

He started his banking career in Citibank Nigeria before moving to FSB International Bank Plc and Gamji Bank (ITB) where he worked as an Executive Director and CEO respectively.

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Subsequently, Wanka joined First Bank of Nigeria as an Executive Director, before working with Unity Bank where he was Executive Director and later retired as Managing Director/CEO.

Wanka is an Honorary Fellow of the Chartered Institute of Bankers; a Fellow of the Nigerian Institute of Management (Chartered) (NIM), Institute of Credit Administration (ICA), Institute of Chartered Management Accountants (ICMA) and Nigerian Society of Chemical Engineers. He is also an Honorary Fellow of the Nigerian Chemical Society.

He holds a BSc in Chemical Engineering and a Masters degree in Business Administration both from Ahmadu Bello University, Zaria. He is an alumnus of the Harvard Business School and Switzerland Institute of Management Development, Lausanne.

Wanka is also the Chairman of APT Pensions Funds Managers Ltd.