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CBN Dissolves Skye Bank Board Of Directors; Confirms Resignation Of CEO

BALTIMORE, MD (AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) Monday confirmed the resignation of Mr. Timothy Oguntayo as the Chief Executive Officer (CEO) of Skye Bank and his replacement with Mr. Tokunbo Abiru.

The change of baton followed the dissolution by the CBN of the Bank’s Board of Directors and Management Monday.

CBN Governor Godwin Emiefiele at a press briefing Monday confirmed the resignation of the immediate past CEO.

The reorganization affected all directors and executives of the bank, except the three who just joined in 2015.

The apex Bank boss stated that he hoped the new management would rescue and salvage the future of the bank.

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