Oluseyi Bickerseth, chairman of the board of Diamond Bank, and three other directors of the bank have tendered their resignation.
The bank announced the resignation in a notice sent to the Nigerian Stock Exchange and signed by Uzoma Uja, company secretary, on Thursday.
“We wish to notify the Nigerian Stock Exchange (NSE) and the public that the following Non-Executive Directors have resigned from the Board of Diamond Bank Plc with immediate effect:
- Mr. Oluseyi Bickersteth
- Mr. Rotimi Oyekanmi
- Mrs. Juliet Anammah
- Mrs. Aisha Oyebode
“The directors are resigning for varied personal reasons, which will include focusing on their priorities. Diamond Bank will update the market with any further development in due course.”
Bickersteth was appointed as chairman of the bank in July.
THISDAY had reported that the bank is facing liquidity challenges and the resignations will give new investors room to recapitalise the bank.
Diamond Bank began operations in 1991 and listed its shares on the Nigerian Stock Exchange in 2005.