Diamond Bank Plc Appoints Mr. Idris Mohammed as A Non-Executive Director

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Thursday, August 16, 2018 06:20PM / NSE

We write to formally notify the Exchange that the Board of Directors of Diamond Bank PIc, has appointed Mr. Idris Mohammed as a Non-Executive Director, and the approval of the Central Bank of Nigeria (CBN) has been granted on August 13, 2018.

Mr. Idris Mohammed

Mr. Mohammed holds a B.Sc. degree in Industrial Engineering from Lehigh University, Bethlehem, PA. and an MBA. degree in Finance and Strategic Management from The Wharton School of the University of Pennsylvania, USA. Mr. Mohammed has over 27 years of experience in private equity investing, corporate finance and banking, spanning both the US.A. and  Africa.

He was appointed the Managing Director of Carlyle Sub-Saharan Africa Fund at The Carlyle Group LP. In October 2017, a position he holds to date. At the firm, he focuses on West and North Africa. Mr. Mohammed is a Partner of Development Partners International since its inception in 2007. Mr. Mohammed sewed as a Vice President of WPA, Inc. He also served as a Vice President in the Special Situations Group at Goldman Sachs, where he focused on making principal investments in the energy, power and infrastructure sectors.

He began his career in finance at CoreStates Financial Corp in the asset management business. He also held positions in treasury and asset/liability management.

Mr. Mohammed served as a Non-Executive Director of Letshego Holdings Limited from 2010 to January 2018. He also served as a Director of AXA Mansard Insurance Plc/Mansard Insurance Plc from December 22, 2011 to December 31, 2014. Presently, he is a Director at Assur Africa Holdings Limited and Food Concepts Plc.

We request that you kindly update your records accordingly.

 Proshare Nigeria Pvt. Ltd.

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