No it is not possible. As stated by a Facebook employee
'Business' or advertising accounts can't manage apps - if you were
able to create one as a business account this is a bug or loophole and
shouldn't have been possible - only real verified user accounts should
be able to create and manage apps.
If you need to share ownership of the app between multiple people you
can do so either via making a Facebook Group an admin and adding the
other admin users to that group, or by adding the users directly via
the
API
or the 'Roles' tab of the App settings: 
You can also specify a business account which will manage the ads for
an app in the app settings - on the Advanced tab - but this is
effectively the only supported connection between apps and business
accounts - 
Source: http://facebook.stackoverflow.com/questions/10805745/creating-and-managing-a-facebook-app-from-a-business-account