Business

Diamond bank picks Bickersteth to replace retiring Ogbechie as chairman

801

Diamond Bank has announced the appointment of Oluseyi Bickersteth as the new Chairman of the Board of Directors, effective June 26,2018.

“We are honoured to have Mr Oluseyi Bickersteth join and chair our Board of Directors. We welcome his wealth of experience and look forward to his valuable contributions, said  Uzoma Dozie, GMD/CEO, Diamond Bank.

This appointment comes against the backdrop of Bickerseth’s strong values and vision which both align with the bank’s current focus of delivering excellent performance by leveraging technology to provide financial solutions to retail markets, the bank said in a statement.

Bickersteth holds a B.Sc. in Economics from the University of Ibadan and an M.Sc. in Economics from the York University in Canada. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and Chartered Institute of Taxation of Nigeria (CITN).

Prior to being the Chairman of KPMG Africa Practice and National Senior Partner of the Nigerian Practice, he was the Head of Tax and Regulatory practice and served as Engagement Partner on major tax advisory and compliance projects. Bickersteth played an oversight and coordinating role in KPMG’s delivery of professional services to companies in the Gulf of Guinea, Nigeria, Cameroun, Angola, Equatorial Guinea & Gabon. He also heads the Oversight Committee for KPMG Africa.

He was involved in Vision 2010 of the Federal Government of Nigeria, which prepared a memorandum on the vision for Nigeria, by year 2010. He has also chaired a working group on “Nigerian Tax Reforms 2003 & Beyond” for the Federal Government of Nigeria and has served on the technical committee of the Federal Government that prepared the Petroleum Industry Bill (PIB) for the oil and gas sector.

Bickersteth takes over from Prof. Chris Ogbechie who retired, on March 31, 2018, after completion of his tenure.

 

Leave a comment

Related Articles

Nigeria’s Foreign Reserves Hit Seven-Year High of $46.7bn – CBN Gov. Cardoso

Nigeria’s foreign reserves have reached a seven-year high of $46.7 billion, providing...

Breaking: CBN Lifts Cash Deposit Limit, Raises Withdrawal Ceiling to N500,000

The Central Bank of Nigeria (CBN) has removed the limit on cash...

FirstBank Introduces Vybe Hub to Elevate Customer Experiences for DecemberIssaVybe

By Bolaji Israel Seth Godin, an American author, entrepreneur and one of...

CBN Retains Monetary Policy Rate at 27%

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has decided to...

Entrepreneurs Hold Nigeria’s Future, Says Tony Elumelu

Nigeria’s economic transformation will be driven by homegrown entrepreneurs, not government handouts...

Pound Sterling Hits ₦2,065.96 in Nigerian Market

The British pound sterling has reached approximately ₦2,065.96 in the Nigerian market,...

15% fuel import duty in Nigeria’s best interest – Presidency

The Presidency has clarified that the new 15 per cent import duty...

Naira Struggles in Parallel Market, Dollar Trades at ₦1,490

The Nigerian naira is facing challenges in the informal foreign exchange market,...

FirstBank’s 9th Annual CR&S Week: Empowering Communities, Promoting Sustainability and Kindness

FirstBank, the premier bank in West Africa and a leading financial inclusion...

Transcorp Plc’s Q3 2025 Profit Soars 54% to N38.81bln, 9-Month PBT Reaches N124.52bln

Transnational Corporation Plc (Transcorp Group) announced its unaudited Q3 2025 results, posting a...

FirstBank Revolutionizes Cross-Border Payments with PAPSS Integration on LIT App

FirstBank, the premier bank in West Africa and a leading financial inclusion...

Dangote Refinery to Float 5‑10% Stake on NGX Within Year, Sets 1.4m bpd Target

Aliko Dangote, founder of the Dangote Group, announced that the Dangote Petroleum Refinery...

Nigeria’s Gold Programme to Boost Foreign Reserves, Strengthen Naira – Alake

The Minister of Solid Minerals Development, Mr. Dele Alake, says the National...

UBA Set to Unveil Whitepaper on Africa’s Financial Infrastructure

Africa’s Global Bank, United Bank for Africa (UBA) is poised to further...

UBA Foundation Gives Students Opportunity to Vie for Over N22.5m NEC Prize

UBA Foundation, the corporate social responsibility arm of the United Bank for...

Waves of Innovation: How First Bank turned Lagos into Africa’s Electric Playground

By Kazeem Ugbodaga The Lagos Lagoon glistened in shades of blue and...

Nigeria’s Electronic Payment Transactions Hit N384trn in July 2025 – Says CBN Gov.

Nigeria’s journey towards a cashless economy is gaining momentum, with electronic payment...

Gold Prices Soar to Record High, Surpassing $4,000 per Ounce

Gold prices have surged past the $4,000-per-ounce mark for the first time...

CBN, SEC Collaborate on Cryptocurrency Framework – CBN Gov. Cardoso

The Central Bank of Nigeria (CBN) is working closely with the Securities...