Friday, June 04, 2020 / 9:21 AM / NSE / Header Image Credit: Abbey Mortgage Bank
The Board of Directors of
ABBEY MORTGAGE BANK PLC. (the Bank) hereby announces that MRS. ROSE ADA
OKWECHIME has retired from the Bank with effect from 31st May,
2020 and thus ceases to be the Managing Director/CEO of the Bank. The Board
wishes to express its profound gratitude to her for her 29 years of
meritorious, peerless and exemplary leadership.
The Board is pleased to
announce that MR. MADU HAMMAN has been appointed to replace her as Acting
Managing Director/CEO in consonance with the Bank's Succession Plan Policy. The
appointment would become substantive when the Central Bank of Nigeria approves
it.
Before his present role,
MR. MADU HAMMAN was the Executive Director in charge of Finance and
Administration a position he held for twelve years. He has over 35 years of
banking experience spread across Commercial, Merchant and Mortgage Banking. His
competencies include, strategic leadership, risk management, asset and
liability management, credit administration and international finance. He is an
alumnus of IMD Lausanne and holds a B.Sc. in Geography and MBA in Technology
and Strategy.
Visit Abbey Mortgage Bank Plc IR Page in Proshare MARKETS
Graph - One Year Share Price Movement
Table: Unaudited Q3 2019 Results
Related News
1.
ABBEYBDS
Appoints Mazi Kanu As Chairman Chief Ochonogor Retires...
2.
NCM2020 (18) - Financial
Services Sector - NESF Tops On EPS As ABBEYBDS Tops On PE Ratio
3.
ABBEYBDS Lists Additional
2.26bn Shares Offered By Way of Placement to VFD Group Plc
4.
ABBEYBDS Declares N6.02m PAT in
Q4 2019 Result,(SP:N1.05k)
5.
ABBEYBDS Declares N85.9m profit
in Q3 2019 Results,(SP:N1.00k)
6.
ABBEYBDS Declares N79.13m
profit in Q2 2019 Results,(SP:N0.99k)
7.
ABBEYBDS Notifies of the
Resolutions Passed at the Company's 27th AGM
8.
ABBEYBDS Notifies of the
Resolutions Passed at the Company's 27th AGM
9.
ABBEYBDS Declares N665.52m Loss
in 2018 Audited Result,(SP:N0.90k)