Diamond Bank Plc has announced the appointment of Mr Oluseyi Bickersteth as the new chairman of the Board of Directors.
The bank said in a statement that the appointment took effect from June 26, 2018.
It said Bickersteth took over from Prof Chris Ogbechie, who retired with effect from March 31, 2018, after the completion of his tenure.
The statement read in part, “We write to formally notify the [Nigerian Stock] Exchange that the Board of Directors of Diamond Bank Plc has appointed Mr Oluseyi Bickersteth as an independent non-executive director and the approval of the Central Bank of Nigeria for the appointment has been granted effective June 26, 2018.
“The board has also unanimously appointed Bickersteth as the substantive chairman of the Board of Directors in replacement of Prof Chris Ogbechie, who retired from the board with effect from March 31, 2018, after the completion of his tenure.”
The bank said Bickersteth, a BSc and MSc holder of Economics from the University of Ibadan and York University, Canada, respectively, was the head of tax and regulatory practice at KPMG.
It said prior to being the chairman of KPMG Africa Practice and national senior partner of the Nigerian practice, Bickersteth had served as engagement partner on major tax advisory and compliance projects.