Olufemi Badeji, Executive Director FCMB Group, Buys 2 Million Shares in the Bank

Mr. Olufemi Badeji, Executive Director of FCMB Group, purchased 2 million shares of FCMB Group, according to the disclosure filing of the bank.

The purchase was done in four transactions on the 14th, 17th and 18th of May 2021.

Badeji bought 50,000 units at N2.99; 20,000 units at N2.94; 500,000 units at N2.91 and 1,430,000 units at N2.90 per unit.

On aggregate, the executive director bought 2 million units of FCMB Group shares at N2.94 per share. See the details below.

Femi Badeji holds a Bachelor of Science degree (Magna Cum Laude) in Electrical Engineering, with a minor in Mathematics from the University of Hartford, and a Master of Science in Electrical Engineering, with specialization in Computer and Communication Networks, from Worcester Polytechnic Institute.

In addition, Mr. Badeji holds a Master of Business Administration degree, with specialization in Finance and Accounting from the Wharton School, University of Pennsylvania.

Mr. Badeji has over 20years working experience in Engineering and Banking gained in the United States of America, South Africa and Nigeria. He was appointed as an Executive Director of FCMB Group Plc in October 2019.