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Breaking: CBN Sacks Management Of Skye Bank … Tunde Ayeni, Rotimi Oguntayo, Others Resign

Info reaching shybellmedia have it that the Central Bank of Nigeria today sacked the management team of Skye Bank over capital adequacy issues.
According to financial experts, the bank has been distressed for a while. However, the bank's top executives on getting wind of their impending sack, resigned en-mass this morning. The bank's Chairman, Tunde Ayeni and its Managing Director, Rotimi Oguntayo, led other executive and non-executive board members to tender their resignation before the apex bank announced the dissolution of the bank's management team this afternoon.

CBN will manage the affairs of the bank for some time.

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