Oluwande Muoyo Increases Stake in First Bank of Nigeria Limited
Oluwande Muoyo, one of the non executive directors of First Bank of Nigeria Limited, has increased her stake in the company following her recent appointment into the board of the leading bank.
Muoyo purchased ordinary shares of 875,969 at an average price of N5 per unit between 26 of May and 23 of June 2020. Meaning, the shares were acquired three months before her September appointment but its declaration was done a month later on October 30.
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In September, when Muoyo was appointed a month ago, Dr. Adesola Adeduntan, CEO, FirstBank said, “We are excited to welcome Mrs. Oluwande Muoyo to the FirstBank Board. She brings to the Board her depth of experience which spans over three decades in various leadership and strategic positions across the private and public sectors. I am assured that these rich experiences will have an immediate impact in the board which will transcend the activities of the Bank as a whole.”
“On behalf of the board, management and staff of FirstBank, I congratulate Mrs Muoyo and look forward to working with her,” he concluded.
