FORMER Group Managing Director/Chief Executive Officer of
Speaking at the handing over ceremony, Durosinmi-Etti said the event demonstrated the existence of sound corporate governance in the bank which makes succession seamless and rancor-free.
He said having served as Chief Executive Officer of three different banks for a total of 11 years, he felt it was time to leave for another person to come and take the bank to another height.
He described the years he spent at
Durosinmi-Etti said he would continue to work for the success of the bank as well as serve as its ambassador at all times.
In his remarks, the Group Managing Director/CEO, Oguntayo thanked his predecessor for his leadership and guidance in the past and wished him success in his future endeavours.
Oguntayo said his aspiration for the bank was to make it a catalyst for economic growth for the country by assisting and funding the small and medium enterprises (SMEs) and developing specialized products for them.
He said he would work to reduce operating cost and lead by example in that respect. In addition, he promised to motivate the workforce by rewarding performance so that the bank would grow.
It would be recalled that Durosinmi-Etti started his terminal leave in April after giving notice of his decision not to renew his mandate to the Board of the bank after four years in office.
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