A visit to Zenith last Friday showed that some of his personal staff were being mobilised on Friday to leave for
Emefiele had told the senators that DBM is a model that has been tried and tested in different jurisdictions in the world.
He had told the senators that "in fact, in some of the frontiers and emerging markets in the world, we have seen development banking used as a tool for achieving economic growth, development and industrialisation."
Until last Friday, Emefiele was the Group Managing Director,
He was Deputy Managing Director of the bank, having been appointed into that position in 2001.
Emefiele had been on the bank's management team since inception and had held various management positions in the bank, including serving as the bank's Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning.
Before his appointment as Group Managing Director, Emefiele was directly responsible for all the group's local subsidiaries, treasury and correspondent banking and multilateral, conglomerates and private banking.
He also had responsibilities for direct supervision of majority of the bank's branches in
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