CBN Sacks First Bank Directors

Date: 30-04-2021 8:38 am (2 years ago) | Author: kacy lee
- at 30-04-2021 08:38 AM (2 years ago)
(f)

The Central Bank of Nigeria (CBN) on Thursday, sacked all the board members of First Bank Nigeria Ltd and First Bank of Nigeria Holdings Plc.

Before taking the action, CBN had queried the Board for removing Adesola Adeduntan as the Managing Director/Chief Executive Officer.

First Bank had appointed Gbenga Shobo as MD/CEO designate without regulatory approval.

The apex bank also faulted appointment of Abdullahi Ibrahim as Deputy Managing Director as well as the appointment of Ini Ebong, Segun Alebiosu, Seyi Oyefeso and Bashirat Odunewu, as executive directors.

But at a briefing on Thursday, CBN Governor, Godwin Emefiele, announced the sacking of all members of the board of the bank for the supposed affront.

Emefiele also reinstated Adeduntan as the MD/CEO of the bank.

Posted: at 30-04-2021 08:38 AM (2 years ago) | Addicted Hero
- GermoDon at 30-04-2021 09:11 AM (2 years ago)
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Una Beta sack corrupt minded worker's dia
Posted: at 30-04-2021 09:11 AM (2 years ago) | Gistmaniac
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- gogoman at 30-04-2021 03:34 PM (2 years ago)
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 Roll Eyes Roll Eyes Roll Eyes
Posted: at 30-04-2021 03:34 PM (2 years ago) | Grande Master
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