Business

Diamond bank picks Bickersteth to replace retiring Ogbechie as chairman

403

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

Just in: Nigerian Telecom Users to Pay More as NCC Approves 50% Tariff Hike

The Nigerian Communications Commission (NCC) has granted telecom operators’ request to adjust...

Nigeria’s inflation rate rises to 34.80% in December 2024 up from 33.60%

Nigeria’s inflation rate rose to 34.80 percent in December 2024, up from...

Transactions with GHL: FirstBank dispels misleading reports, reaffirms commitment to excellent, standard banking services

First Bank of Nigeria Limited (FirstBank) has distanced itself from a recent...

Nigeria’s Economy Soars as Customs Records N196.94trn Trade Value in 2024

The Nigeria Customs Service (NCS) has achieved a remarkable milestone, recording a...

CBN Slams N1.35bln Fine on Nine Banks for Cash Scarcity

The Central Bank of Nigeria (CBN) has imposed a total fine of...

Tinubu Calls for Boost in Regional Trade to Drive African Growth

President Bola Tinubu has emphasized the importance of Africa focusing on internal...

Nigerian Treasury Bills Auction Shatters Records with 283.42% oversubscription

The Central Bank of Nigeria (CBN) has announced a staggering 283.42 percent...

Naira hits new low, slumps to N1,665/$1 in parallel market despite official market gains

The Nigerian Naira on Monday depreciated to N1,665 per dollar in the...

U.S. dollar strength drives oil prices down amid market pressure

By Samuel Akpan with agency report Global oil prices took a step...

Domestic Crude Oil Sale Initiative: Tinubu’s Strategic Move Pays Off

President Bola Tinubu’s directive to sell crude oil and refined products in...

CBN Sets Daily POS Transaction Cap at N100,000 for Agents

The Central Bank of Nigeria (CBN) has introduced a new policy aimed...

FirstBank’s Decemberissavybe 2024 kicks off with Kenny Blaq’s “Reckless” Musicomedy

December is a joyous season in Nigeria, a time when individuals take...

Nigeria’s Inflation Rate Rises to 34.6% in November

Nigeria’s inflation rate has risen to 34.6% in November, up from 33.8%...

Illicit mint naira sale: CBN slaps N150m fine on erring banks

The Central Bank of Nigeria (CBN) has introduced a strict measure to...

FG Sets December 16 for N120 Billion Bond Sale

The Federal Government, through the Debt Management Office (DMO), has announced plans...

Naira plummets to N1,780 per dollar, reversing recent gains

The Nigerian Naira experienced a sharp value decline on Wednesday, falling from...

Naira Posts Strong Gains Against Euro Amid Forex Market Reforms, European Political Uncertainty

The Nigerian naira has made significant gains against the European currency at...

Netflix debunks exit rumour, reaffirms commitment to Nigeria

Streaming platform Netflix has dismissed rumours suggesting it plans to withdraw from...

Nigeria’s private sector records first job decline in months amid inflationary pressures

Nigeria’s private sector experienced its first decline in employment in seven months,...

Foreign Holdings in Nigeria Drop Amid Naira Crisis, Corporate Cos’ Exits

Nigeria has experienced a sharp decline in foreign direct investment (FDI) inward...