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Four Executive Directors Resign From Skye Bank

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Four executive directors of Skye Bank have from the bank after two years in their substantive posts.

The bank has notified the Nigerian Stock Exchange (NSE) of the voluntary resignation through a letter signed by the bank’s Company Secretary / General Counsel, Mr Babatunde Osibodu pasted on the NSE website on Friday.

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

It said that the directors had served in the executive management capacity for nearly two years.

They 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.

Mr Tokunbo Abiru, the bank’s Group Managing Director, said that the executive directors had contributed immensely to the successful leadership transition which commenced last year.

Announcing 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.

NAN

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