Diamond Bank Chairman, 3 Director Resign As Crisis Talks Hits Uzoma Dozie Led Financial Institution



This is a trying period for financial institution Diamond Bank societynow.ng learned.

The bank is currently contending with dark speculation as its chairman and three directors resigned in a swoop.

The bank announced the development in a notice sent to the Nigerian Stock Exchange Commission and signed by company secretary Uzoma Uja.

The statement provided ‘'official reasons'' for the resignation of Chairman of the board Oluseyi Blickerseth – who was appointed in July -  and the affected three directors.

The statement to the NSE sited ‘'for varied personal reasons'' as the cause of the multiple resignations.

The statement to the NSE signed by Uja reads

"We wish to notify the Nigerian Stock Exchange (NSE) and the public that the following Non-Executive Directors have resigned from the Board of Diamond Bank Plc with immediate effect:

Mr. Oluseyi Bickersteth

Mr. Rotimi Oyekanmi

Mrs. Juliet Anammah

Mrs. Aisha Oyebode

"The directors are resigning for varied personal reasons, which will include focusing on their priorities. Diamond Bank will update the market with any further development in due course."

 Societynow.ng investigation, however, revealed the fact that the development comes on the heels of talks of liquidity issue bedeviling the financial institution has resulted in dark speculations about the Diamond bank.

A national newspaper, Thisday had reported the bank is facing money problems.

The fresh talks are that the resignations are aimed at giving prospective investors a leeway to inject funds aimed at recapitalizing and arresting alleged ‘'liquidity challenges'' of the bank.

According to Thisdays' report on the ‘'liquidity challenges'' troubling Diamond Bank, the financial institution headed by Uzoma Dozie in November 2017 ‘' disposed of its entire shareholding in its West African banking operations and its assets in its United Kingdom operations'' as part of efforts keep itself going.


Comments

Post a Comment

Popular posts from this blog

Billionaire Akanimo Udofia Responsible For Oil Man Igho Sanomi's Crashed Marriage

Image
How The Erstwhile Brothers-in-Law Became Enemies Over Infidelity-based Allegations The marriage between billionaire oil magnate and philanthropist, Igho Charles Sanomi, and his wife, Eghonghon, has crashed. Eghonghon has moved out of her matrimonial home with the four children from the union, and has even filed for a divorce. Predictably, Sanomi, whose world revolves around his family, is distraught and devastated by this downward turn of event. Never would he, or even, Eghonghon, have thought that the love they had been nurturing from their college days, would come to such an abrupt end. Sources disclosed to The ELITES that the marriage between Sanomi and Eghonghon crashed as a result of myriad of problems, which was completely beyond the couple’s control. Somehow, the news of their crashed marriage was only known to just the couple’s families and close friends. Tragically too, the blame for the Sanomis’ crashed union, is being leveled on Akanimo Udofia, the billionaire busi...
Read more

Single Mother Temitope Adesegun Is Ooni Ogunwusi's Soon-To-Be Wife

Image
Ooni of Ife, Adeyeye Enitan Ogunwusi has chosen his main heartthrob. And she is identified as “Tope Adesegun”. “The full name is actually Temitope Adesegun” a source disclosed. Light skinned and label a “beauty to behold”, the latest sweetheart of the leading monarch is said to have a two-year-old daughter. Details of the circumstances of the former life that transformed Tope into a single mother are sketchy. “But whatever she went through, it is obvious what she has going with the Ooni is far better” a source disclosed. Societynow.ng gathered that Tope pushes above heavy interests from quite a tidy number of other women to assume current status with the Ooni. Twice divorced – one before he became the Ooni – Oba Ogunwusi is “single” and has transformed the subject of intense wooing from women and family of all shades of colours. Source: Societynow
Read more

Oba Elegushi's New Wife, Hadiza Won't Live Under Same Roof With Olori Aramide

Image
Hadiza, the new wife of Oba Saheed Ademola Elegushi would be living apart from first wife Olori Sekinat Aramide – for now. Sources confirmed that based on existing arrangement new wife Hadiza would be primarily based in Abuja with periodic visits to Lagos state. Young king Elegushi popularly known as King Gushi is the Elegushi of Ikate Land, which is one of the pieces of Lagos state. Sources disclosed that the reasons behind the strategy of King Gushi’s new wife, Hadiza opting to live apart from the first wife Seki are two folds. ‘’To protect her business and maintain the peace while the anger of the first wife cools off’’ societynow.ng learned. Olori Sekinat is said to have kicked very against Oba Elegushi’s marriage to Hadiza, the new Olori when she was informed. Sources disclosed Oba Elegushi had stayed well ahead of the consequence of his first wife’s anger -and strong opposition – by informing her of the plan to take a second wife when she could do little or nothing to st...
Read more