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Home Banking

Skye Bank announces resignation of four EDs

metro by metro
February 4, 2017
in Banking, Economy
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Skye BankSkye Bank Plc has notified the Nigerian Stock Exchange (NSE) of the voluntary resignation of four of its executive directors from the services of the bank.

This is contained in a notification letter signed by the bank’s company secretary/general counsel, Babatunde Osibodu, who posted it on the NSE websiteFriday.

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The letter stated that the affected directors; Idris Yakubu, Markie Idowu, Abimbola Izu and Bayo Sanni.

It stated that the directors had served in the executive management capacity for nearly two years and had been part of the new board of the bank which came into being following the intervention of the Central Bank of Nigeria on July 4 2016.

The letter quoted Tokunbo Abiru, the bank’s group managing director, as saying that the executive directors had contributed immensely to the successful leadership transition which commenced last year.

The bank also announced that “the new development does not in any way affect the smooth running of the bank as it continues to deliver services to its customers across the country.”

It added that the portfolios of the directors had been assigned to some general managers to ensure a seamless transition.

Tags: Skye Bank
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