Skye Bank Appoints New Chairman




The Board of Directors of Skye Bank Plc has appointed Mrs. Moronkeji Onasanya as the new Chairman of the bank, following the retirement of the erstwhile chairman, Alhaji Musiliu Smith.


The bank said in a statement that Smith, who was the first chairman of the organisation, effectively retired on September 30, 2010 after successfully guiding the bank through the most turbulent period of the Nigerian banking industry and established it as a solid, profitable and efficient financial supermarket.


Smith, a former Inspector General of Police, according to the bank, stepped down to take up some other challenges in the service of the country, adding that he presided over the affairs of the bank for five years and provided robust and effective leadership.


The new Chairman was the Vice Chairman of the bank. She is a Chartered Accountant and graduated from Waltham Forest Technical College, now South East London University where she studied Accounting. She is a Fellow of both the Institute of Chartered Accountants of Nigeria (ICAN) and the Association of Certified Chartered Accountants (ACCA); qualified as a Management Accountant in 1968 and as Chartered Certified Accountant in 1969.


Onasanya worked in London as a Cost Accountant before returning home. On her return to Nigeria, she joined the UAC Group as an Accountant and held various positions at the Head Office and at the Divisional levels. In 1992, she was appointed the Executive Director, Finance of the UAC Group and retired eight years later in 2000.


According to Skye Bank, Onasanya will consolidate on the impressive records and trail blazing accomplishments of the former chairman to make the bank the preferred choice nationwide.




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