Skye Bank Plc: Retirement and Appointment of Chairman of the Board

Skye Bank Plc: Retirement and Appointment of Chairman of the Board

December 16, 2011

Skye Bank Plc has announced the retirement of the Chairman of its Board of Directors, Mrs. Moronkeji M. Onasanya and a non-Executive Director, Princess Adenike Adeniran with effect from December 13, 2011, having served on the Board for a maximum tenure of 12 years.


The Board has also approved the appointment of Mr. Olatunde Ayeni as the Chairman of the Board of Directors with effect from December 14, 2011.


Prior to his appointment, Mr. Ayeni was a Non-Executive Director of the Bank having been appointed in January 2008. He is a Legal Practitioner and an astute Entrepreneur. Mr. Ayeni is the Principal Partner in the law firm of Legal Resources Alliance, which he started in 1994. He is also a Director in several blue chip companies with interests in Real Estate, Aviation and Maritime. He has attended several trainings and programs locally and internationally, including the Lagos Business School and the Harvard Business School, Boston, USA.


Mr. Ayeni has contributed immensely to the progress of the Bank in his role as member of the Board’s Credit, Risk Management, Nominations and Audit Committees. His appointment as Chairman of the Board of Directors is a testament to his accomplishments, industry and dedication.


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