Skye bank reveals four directors resigned from service

According to a recent report, Skye Bank has announced that four of its directors have resigned from their positions. The resignations are effective from March 31, 2023.

The four directors who have resigned are:

  1. Mr. Tunde Akinleye, a non-executive director
  2. Mrs. Nkechi Akashili, a non-executive director
  3. Mr. Olumide Olatunji, an executive director
  4. Mr. Gbenga Mabogunje, an executive director

The bank has not provided any specific reasons for the resignations, but it is likely that the departures are part of the bank's ongoing efforts to restructure and improve its operations.

Skye Bank has been facing some challenges in recent years, including regulatory issues and financial difficulties. In 2016, the bank was placed under a central bank-led asset management company (AMC) to help it recover from its financial difficulties.

The resignations of the four directors may be seen as a step towards the bank's efforts to restructure and improve its operations. However, the exact reasons for the resignations and the impact on the bank's operations remain to be seen.

It is worth noting that the resignations are subject to the approval of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC), as required by law.