Proshare Logo
   Market Date: 17-04-2014   
Agriculture All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs STOCKPICKS Taxation Telcos Travel & Tours Unlisted Stocks World of Business

Skye Bank Strengthens Governance, Appoints Odozi

Category: People


  Read (2362)
Skye Bank Strengthens Governance, Appoints Odozi

05.28.2010 

 

In a bid to demonstrate its strong commitment to strengthening its corporate governance standards, Skye Bank Plc has appointed a seasoned, tested banker, former regulator and corporate governance practitioner, Mr. Victor Odozi, as an independent director. Odozi, according to a statement made available to THISDAY by Skye Bank in Lagos, was a former Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Domestic Monetary and Banking Policy before his retirement from the apex institution.Odozi, who was Deputy Governor of the CBN from 1988 to 1999, is a revered voice in the nation’s financial services sector on account of his painstaking and thorough approach to banking issues as well as his wealth of experience garnered over the years as a regulator.



According to the statement, Odozi’s appointment to the board is a demonstration of its commitment to improving corporate governance and benchmarking global best practice, which would set new industry standards in the country.The bank said Odozi, a credible and disciplined apostle of professionalism in banking, would complement the board in the vital areas of strategy, risk management, internal control and corporate governance.



Odozi, who was unveiled to the bank shareholders at the annual general meeting (AGM) held in Abuja last week, will assist the various committees of the board to evolve growth centred but regulatory compliant policies that will make Skye Bank the leader in the industry in the nearest future.Besides his appointment, the statement said the bank had engaged an international consultant to review its internal system to strengthen its corporate governance and benchmarking it against international best practice and the CBN Code.  



The objective, it said, is to redesign its internal processes and procedures for improved and higher productivity, efficiency and control while also being compliant with the extant rules and regulation.Odozi is a 1966 graduate of Economics from the University of Ibadan and a Fellow of both the Chartered Institute of Bankers of Nigeria (CIBN) and Institute of Credit Administration.He joined the CBN in 1967 and rose to the position of a departmental director in 1984. He was appointed the Deputy Governor of the CBN in 1988, a position he held until his retirement in June 1999.



While at the CBN, he held important external appointments, including Chairman, Board of Directors, Nigeria Import-Export Bank; Member, Board of Directors, Nigerian Industrial Development Bank; Chairman, Governing Council, Financial Institutions Training Centre (FITC) and foundation member, Board of Directors, African Export Import Bank, Cairo.



Since retirement from the CBN, Odozi has been involved in financial sector consulting, with particular interest on organisational change management, enterprise risk management; anti-money laundering compliance and typology studies, corporate governance, among others.He was a member of the Board of UBA between 1999-2005; Chairman, Board of Directors, UBA  Pensions Custodian; Chairman, Board of Directors, Excel Professional Services, among others. 


(Source:ThisDay)



Tags: , 



Comment With Your Facebook or Yahoo! ID


Latest news


News on People

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Newsletter
Contact Us
Message from CEO
Resources

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
WebTV
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

#1minNews
News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Newsletters
Discussion Forum
Policy

Subscriber Agreement
Privacy Policy
Data Policy
Disclaimer
Copyright Policy
Trademarks
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Training
Legal Support Services
Web/Technology Services
File a Complaint