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Why four Skye Bank executive directors resigned

By Chijioke Nelson
06 February 2017   |   2:04 am
The reason for the resignation of four Executive Directors of Skye Bank Plc was to allow new strength and ideas that would also contribute to the growth of the bank.

Skye Bank

The reason for the resignation of four Executive Directors of Skye Bank Plc was to allow new strength and ideas that would also contribute to the growth of the bank.

Besides, a top source from the bank told The Guardian that the four directors were the remaining board members dissolved by the Central Bank of Nigeria in July 2016.

According to the source, they were left then to strengthen operations for the newly appointed directors and now it is assumed that services have been completed.

Already, a growth progression has been effected as three General Managers have been assigned to charge the directorates.Now, Mr. Segun Opeke will oversee the Lagos directorate; Mr. Ayo Abina will supervise the South directorate and Mr. Femi Aribaloye will oversee the Risk Management Directorate and the new appointments have taken immediate effect.

The directors who resigned are Mr. Idris Yakubu, Mrs. Markie Idowu, Mrs. Abimbola Izu and Mr. Bayo Sanni.The Group Managing Director of the Bank, Tokunbo Abiru, in a statement, thanked the Executive Directors for their service to the bank, noting that they had contributed immensely to the successful leadership transition, which commenced last year.

One of the Executive Directors, who spoke under anonymity, according to the statement, said: “Having put in some time in the bank, resignation from service is not new in the industry. New structures will always create new opportunities and challenges. I think this is the right time to step aside for others to also contribute to the growth of the bank.”

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