WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2010-08-02 Time: 15:00:02 Posted By: News Poster
By Mojeed Jamiu and Amaka Ifeakandu
Lagos – Today marks yet another milestone in the annals of banking in Nigeria as three new chief executives – Godwin Emefiele, Kehinde Durosinmi-Etti and Phillips Oduoza – take the baton of leadership at Zenith Bank, Skye Bank and UBA Plc respectively.
This follows the expiration of the deadline given to their former chief executives by the Central Bank of Nigeria (CBN) to retire after serving at least 10 years in the saddle in their respective banks.
The CBN had earlier in the year, as part of the ongoing reforms in the banking sector, resolved that bank chief executives must no longer spend more than 10 years in the saddle, while non-executive directors are now to spend a maximum of 12 years.
CBN governor, Sanusi Lamido Sanusi, had last week, during a three-day seminar organised for business correspondents and editors in Benin City, Edo State, noted that bank chiefs do not need more than five years and just one term to effect any change.
He disclosed that if those in management positions are conscious of the fact that they would one day give an account of their stewardship, then they shall behave well.
Zenith Bank: Godwin Emefiele
His appointment as the bank’s top shot came on the heels of the forced retirement of former CEO Jim Ovia following the CBN’s directives pegging the tenure of chief executives at maximum 10 years in office. Jim Ovia is co-founder and pioneer GMD/CEO of Zenith Bank.
Emefiele is coming to the top post with a bagful of experience as the immediate past deputy managing director of the bank. As a regular face on the bank’s management team since inception, he was at various times an executive director in charge of corporate banking, treasury, financial control and strategic planning. The position enabled him to oversee all the group’s local subsidiaries, treasury and correspondent banking and multilateral, conglomerates and private banking.
With over 23 years of banking experience, Emefiele, who holds both B.Sc and an MBA in Finance from the University of Nigeria Nsukka, had a stint as a lecturer of finance, bank management, and insurance at the University of Nigeria and University of Port Harcourt, before his sojourn in the banking industry.
An alumnus of Stanford University, Harvard and Wharton Graduate School of Business where he took courses in Negotiation, Service Excellence, Critical Thinking, Leading Change and Strategy, the Zenith’s board in defence of his appointment noted thus: “He is a pioneer staff of the bank and has been instrumental in developing Zenith Bank into a world-class institution.”
According to the board, “given his pivotal role, the bank has benefited from his in-depth knowledge of finance and banking. Mr. Emefiele’s strong leadership skills will no doubt be a significant advantage as he sets in motion the combined vision for the Zenith Bank Group,”
Skye Bank: Kehinde Durosinmi-Etti
Kehinde Durosinmi – Etti holds a bachelors’ degree in Economics from the University of Ibadan, Oyo State. He is one of the beneficiaries of CBN’s new tenure regime for deposit money banks’ (DMBs) managing directors and chief executives.
The new helms man at Skye Bank is a fellow of the Chartered Association of Certified Accountants (ACCA), United Kingdom.
He is taking over the top leadership position at the Skye Bank Plc with a rich background and history in the nation’s banking industry. He flagged off his banking career with a stint at Nigerian-American Merchant Bank Limited (Affiliate Bank of Boston) where he was the Head of Accounts/Computer and, later, Internal Control.
The drive for more challenges and the proverbial greener pastures evidenced in most young professionals saw Mr. Durosinmi-Etti leaving Nigerian-American Merchant Bank Limited for Midas Merchant Bank where he served as Head of Treasury and Assistant General Manager in charge of Money Market Division, before stepping up to become an Executive Director, and later, the Chief Executive Officer (CEO) in 1994.
UBA: Phillips Oduoza
Phillips Oduoza who replaces Tony Elumelu as managing director/chief executive officer of UBA Plc, holds a First Class honours degree in Civil Engineering and an MBA (Finance) from the University of Lagos.
He is an alumnus of the Advanced Management Programme (AMP) of Harvard Business School and has over 20 years banking experience spanning all facets of the profession.
He started his banking career with International Merchant Bank (IMB) as a Credit Officer, where he trained in credit analysis.
After working for one year he moved to Citibank, the world’s largest financial services institution, a period during which he was equipped with an indispensable knowledge of banking operations, relationship management, credit/marketing, efficient implementation of technology, risk management and lean banking methods.
Original date published: 1 August 2010
Source: http://allafrica.com/stories/201008020576.html?viewall=1