Skye Bank: New M.D unveils vision

The new Group Managing Director/Chief Executive Officer, Skye Bank Plc, Mr. Tokunbo Abiru, has reiterated the the Central Bank of Nigeria’s position that the lender remains healthy and strong.

Abiru, who spoke after taking over from his predecessor, Mr. Timothy Oguntayo, said that the bank’s fundamentals remained strong and assured the customers and other stakeholders of the safety of their funds and investments.

He said his team would leverage on the bank’s reputable information technology platform to make it not just a frontline retail and commercial bank, but an industry leader.

Abiru, who outlined his vision for the bank, said his team would harness the expertise and skill sets of the employees and the reconstituted board to take Skye Bank to new heights, noting that being a Systematically Important Bank, it occupied a sensitive role in the financial life of Nigeria and West Africa.

The CBN had on Monday approved the reconstitution of the Board of Skye Bank, with the apex bank appointing Mr. Muhammad Ahmad and Abiru as the new chairman and managing director of the bank, respectively. Other members of the reconstituted Board are Bayo Sanni, Idris Yakubu, Markie Idowu and Abimbola Izu, all of whom were serving in the executive directors of the bank prior to now.

The reconstitution of the Board followed the voluntary resignation of the former Chairman, Dr. Olatunde Ayeni, and other non-executive directors, Mr. Victor Odozi, Mr. Babajide Agbabiaka, Dr. Jason Fadeyi, Mr. Kunle Aluko, Mr. Victor Adenigbagbe, Mr. Abdul Bello and Hajiya Amunna Ali.

Oguntayo resigned his position as Group Managing Director/CEO, alongside Mrs. Amaka Onwughalu, Mr. Dotun Adeniyi and Mrs. Ibiye Ekong, who resigned their positions as DMD and executive directors.

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