JB Omodayo-Owotuga

Non-Executive Director

Julius B. (JB) Omodayo-Owotuga was appointed as a Non-Executive Director to the Board of FBN Holdings Plc on December 22, 2021. He is an accomplished professional with extensive experience spanning the oil & gas, banking, audit and consulting. He is presently the Group Executive Director & Deputy Chief Executive of Geregu Power Plc (a subsidiary of Amperion Power Limited). He has occupied this role since 2019 overseeing the finance, risk management, treasury, information technology and general administration of the group.

JB’s banking career started in the foreign operations department of MBC International Bank (now First Bank of Nigeria). After about one year in this role, he moved to KPMG Professional Services in 2003 where he rose to Audit Senior/Senior Financial Advisor level. As a Senior in KPMG, he led several assurance engagements within the financial services industry.

In 2007, he joined Standard Chartered Bank Nigeria Limited where he played a significant role in financial control and the group’s project management function saddled with the responsibility of driving the financial evaluation aspect of the local bank’s expansion.

JB joined the AFC as the pioneer Finance Manager and was responsible for the set up of the financial operation and control functions at the corporation. He was later responsible for Asset and Liability Management at the same corporation and acted as the deputy to the Treasurer. His key accomplishments at the Pan-African multilateral development finance institution include generating annual income in tens of millions of United states dollars, facilitating successful closure of several trade lines deals and short-term funding to the tune of several millions of US dollars. 

In 2011, he joined Nigeria’s leading oil and gas company, Forte Oil Plc (now Ardova Plc), as Group Executive Director, Finance and Risk management. His portfolio involved overseeing the finance, risk management, treasury, inventory management, general administration, information technology and Strategy for the Group (Forte Oil and its 4 subsidiaries). In this role, he contributed immensely towards the transformation of Forte Oil Plc into a vibrant multi-million-dollar profit-making industry leader. He equally led the company’s debt capital raise, acquisition, and divestment initiatives.

JB has a B.Sc. degree in Accounting from the University of Lagos and an MBA with distinction from IE Business School, Madrid, Spain. He is an alumnus of the prestigious University of Oxford’s Said Business School, where he went through studies in Advanced Management and Leadership Programme. He also underwent related studies in several other globally acclaimed business schools, including the Harvard Business School 

JB is a CFA Charter Holder, a fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Chartered Institute of Taxation of Nigeria (CITN) and Institute of Credit Administration (ICA). He is also a member of The Institute of Directors Nigeria (IoD Nigeria).

He is happily married with children and enjoys playing tennis, mentoring, and watching soccer at his leisure.