By Nicholas Ibekwe
A
large chunk of the management team and board of Skype Bank has resigned
and the Central Bank of Nigeria has appointed a new chairman and
management to immediate steer the affairs of the bank, two internal
memos sent to employees of the bank on Monday afternoon has revealed.
The first memo was a notice of resignation by the outgoing group managing director of the bank, Timothy Oguntayo.
In the email, Mr
Oguntayo stated that despite his best effort to turn around the fortune
of the bank, "counter forces from within and outside the bank... made it
impossible to achieve steady progress."
"The last two years of my stewardship as the GMD/CEO, has been very eventful and challenging," he wrote.
"I have put all
that I have into turning the fortune of the bank around, working with
each and every one of you. However, the results have not been
commensurate with the efforts. There have been counter forces from
within and outside the bank that made it impossible to achieve steady
progress."
"It is in this vein
that I have offered to resign my appointment as the GMD/CEO with
immediate effect. I enjoin you to all to cooperate with the new
management that would be announced soon," the memo that was sent at
12:11 P.M read.
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