ROYALEX Appoints Alhaji Auwalu Muktar as Acting GMD;Mr. Chike Mokwunye Proceeds on Terminal leave

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Monday, December 21, 2015 10:48 AM / NSE

Royal Exchange Plc (“Royal Exchange” or “the Company”) notifies that the Company’s Group Managing Director, Mr. Chike Mokwunye, will proceed on his terminal leave from 31 December 2015.

Royal Exchange states that its Board of Directors at an emergency meeting held on 18 November 2015 approved the appointment of Alhaji Auwalu Muktar as the Acting Group Managing Director pending the appointment of a substantive Group Managing Director.

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