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Four Diamond Bank Directors Quit Ahead of New Investment

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Ahead of fresh investment coming into Diamond Bank Plc, four of its directors have resigned paving way for the new investors to nominate their representatives to serve on the bank’s board.

THISDAY has obtained copies of letters of resignation of the directors, including the bank’s Chairman, Mr. Seyi Bickersteth, who said, “It has been an honour to serve on the board of the bank as chairman, and I will continue to support the bank in every way possible.”

Other directors who resigned are, Ms. Aisha Oyebode, Mr. Rotimi Oyekanmi and Ms. Juliet Anammah.

According to sources, talks may have reached an advanced stage with the resignation of the four directors.

The Group Managing Director, Mr. Uzoma Dozie, bank sources told THISDAY, is expected to steer the transition period preparatory to his own resignation sometime next year.

THISDAY, October 24, 2018

 

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