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‘Skye Bank will consolidate position with IT infrastructure’

By Chijioke Nelson
08 July 2016   |   1:08 am
Skye Bank Plc has restated commitmments to consolidate its position in the banking industry despite the change of management team.
Skye Bank

Skye Bank

Skye Bank Plc has restated commitmments to consolidate its position in the banking industry despite the change of management team.

Besides, with the assurance of safety of depositors’ funds and investments, strong banking fundamentals and robust Information Technology (IT), optimism is high that customers and stakeholders will be retained.

The newly appointed Group Managing Director/Chief Executive Officer of Skye Bank, Tokunbo Abiru, said that having confirmed the healthy state of the bank, his team would leverage on the bank’s reputable IT platform to make the bank not just a frontline retail and commercial bank, but an industry leader.

Abiru who spoke after taking over from Timothy Oguntayo, restated that the bank’s fundamentals remain strong and virile, assuring customers and other stakeholders of the safety of their funds and investments.

Abiru who outlined his vision for the bank said he make optimum use of the expertise and skill inherent in the bank’s employees, as well as those of the reconstituted board to re-launch the institution to higher levels.

According to him, being a systematically Important Bank confers on the bank the moral obligation and a sensitive role in the financial system of both Nigeria and West Africa.

CBN had on Monday, approved the reconstitution of the bank’s management team with the appointment of Alhaji M.K. Ahmad as Chairman and Abiru as the Managing Director.

Other members of the reconstituted Board are Bayo Sanni, Idris Yakubu, Markie Idowu and Abimbola Izu, all of whom were serving in the Executive Director capacity of the bank prior to now. However, two new executive directors were added.