Diamond Bank Plc has announced the resignation of its Executive Director/Chief Financial Officer, Abdulrahman Yinusa from the Board of Directors of the Bank.
According to a statement made available by the Bank to journalists at the Nigerian Stock Exchange, “The resignation becomes effective after his garden leave which commenced on Monday, August 3, 2015.”
Abdulrahman Yinusa joined the Bank in February 2011 as ED/CFO with responsibilities over Financial Management Division, Business Transformation Group, Treasury and Financial Institutions as well as Investor Relations Unit. Under his watch, the Bank completed Tier 1 and Tier 2 Capital raise as well as the issuance of $200 million Eurobond loan.
Abdulrahman functioned as the Executive Director, Finance and Strategy in Finbank (a CBN appointment) prior to joining Diamond Bank. Before that, he was the Managing Director/CEO of United Bank for Africa subsidiary in Sierra Leone; and prior to that, he was the Managing Director/CEO of UBA Asset Management Limited, where he launched four Mutual Funds within the two years of his tenure. He has over two decades of quality banking experience. Abdulrahman holds a Bachelor of Science degree in Accounting from Ahmadu Bello University and M.Sc. Economics and MBA degrees from the University of Lagos.
Concluding, the statement said, “Mr. Yinusa has indicated his intention to pursue other interests and opportunities, and the board has accepted his resignation and wishes him success in his future endeavours.”