Shake-Up In Diamond Bank, As Chairman, Three Others Directors Resign

Barely three months after he assumed the role on June, 2018, Diamond Bank Plc, on Wednesday night announced the resignation of Oluseyi Bickersteth, its board chairman. Bickersteth.
In the late night notice to the Nigerian Stock Exchange (NSE), by Uzoma Ujah, which betrays the trappings of a boardroom squabble, Diamond Bank, company secretary, in a yet unclear circumstance, also announced the “resignation” of Rotimi Olayiwola Oyekanmi, Mrs. Juliet Anammah and Mrs. Aisha Oyebode from the board.
The statement said “the directors are resigning for varied personal reasons, which will include focusing on their priorities.”
The bank promised to “update the market with any further developments in due course.”
Bickersteth, a former chairman of KPMG Africa Practice and National Senior of the Nigerian Practice, is a graduate of Economics from the University of Ibadan, also holds a Masters Degree from same institution, is a fellow of both the Institute of Chartered Accounts of Nigeria and the Chartered Institute of Taxation of Nigeria (CITN).
Oyekanmi, a Partner of Apis Partners LLP, was appointed an independent Non-Executive Director of Diamond Bank in December 2016. He was Chief Executive Officer of Renaissance Group West Africa and Managing Director of Renaissance Partners.
Mrs. Anammah, a business consultant with many years in management consulting at Accenture, Nigeria, has been chief executive of Jumia Nigeria Limited since December 30, 2015, joined Diamond Bank in July 24, 2017. Before joining Jumia, she was a Partner in Accenture and the Managing Director of Accenture’s Consumer Goods Practice in Nigeria.
Mrs. Aisha Oyebode, founder and Chief Executive of the Murtala Muhammed Foundation, also joined the bank on July 24, 2017.